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What We Do With Your Money
When you deposit money with Pride Wealth we ensure its safety and hold it separately in a designated account with trusted institutions like Barclays, NatWest. Your money is yours and remains so at all the time.
What you need to know
- Your money is held in a separate bank account, at a regulated institution, and we do not use any client funds for its business activities.
- We are authorised and regulated by the FSA, St Lucia
- Your money and assets are ring fenced from creditors in the unlikely event that we go into liquidation
What happens to the money I deposit with Pride Market?
We hold your money in high credit worthy institutions such as Barclays, NatWest and BMO Harris Bank. These funds are held in accounts which are easy identifiable as client accounts, so they cannot be used for any other purpose other than holding client funds. We also ensure client funds are not held in a single institution to reduce risk in the portfolio.
What happens to my money if Pride Market goes into liquidation?
In the unlikely event that Pride Market went into liquidation, you as a client would have your share of the segregated monies returned, less any fees applied by the administrator.