Admiral Markets Pty Ltd (ABN 63 151 613 839) holds an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia, limited to the financial services covered by its AFSL no. 410681. The information on the Admiral Markets Pty Ltd`s website (www.admiralmarkets.com.au) is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Admiral Markets uses external auditors to enhance its operational and accounting processes and procedures and to ensure regulatory compliance.
When you fund a trading account at Admiral Markets those funds are held in specifically segregated client trust accounts at an Australian Bank, St. George Bank (Westpac Banking Corporation) Admiral Markets procedures ensure compliance with Australian Client Money rules outlined in Part 7.8 of the Corporations Act. Furthermore, Admiral Markets adheres to its own strict policies regarding the maintenance and operation of client money accounts.
At Admiral Markets client money is segregated from our own funds. Admiral Markets will not use client funds for any purpose - client funds stay within the segregated client trust account unless we become entitled to the funds as fees or as part of your trading losses. Admiral Markets has also elected to put in place an additional security trust account for its clients benefit. Further information about our client money policy and the benefits of our Security Trust Account can be found in our product disclosure statement.