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Best Forex Segregated Account 2022

Updated: Dec 14, 2021
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This article is an in depth overview of segregated accounts in forex. We have conducted informative research into what exactly a segregated account is and which are the best brokers to offer this based on our own research, as well as user reviews.

The brokers below represent the best brokers with Segregated Account feature.

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BrokerOfficial SiteRegulationsMin DepositMax LeverageTrading PlatformsFoundation YearPublicly TradedTrading Desk TypeCurrenciesCommoditiesIndicesStocksCryptooffers promotions
FP Markets
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This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky; When trading CFDs you do not own or have any rights to the CFDs underlying assets. FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products available from FP Markets can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354). FP Markets is a group of companies which include, First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus. FP Markets does not accept applications from U.S, Japan or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations.

ASIC, CySEC

$100

1:30 (ASIC), 1:30 (CySEC)

MT4, MT5, IRESS, WebTrader

2005

DMA, ECN, No dealing desk, STP

CMC Markets
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

FCA, ASIC, DFSA, BaFin, IIROC, MAS, FMA

$0

1:30 (FCA), 1:30 (ASIC), 1:50 (DFSA), 1:30 (BaFin), 1:45 (IIROC), 1:20 (MAS), 1:500 (FMA)

MT4, CMC Mobile App, CMC Web Platform

1989

Dealing Desk, Market Maker

Pro Tip: Most of these brokers offer free demo accounts so you can test the brokers and their platforms with virtual money. Give it a try with some play money before using your own cash.

Here’s a list of The Best Segregated Account Forex Brokers 
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.

FP Markets

Regulated by:ASIC, CySEC

Headquarters:Australia

Foundation Year:2005

Min Deposit:$100

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This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky; When trading CFDs you do not own or have any rights to the CFDs underlying assets. FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products available from FP Markets can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354). FP Markets is a group of companies which include, First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus. FP Markets does not accept applications from U.S, Japan or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations.

This brokerage offers a massive range of tradable assets through Forex, CFD, and share trading accounts. FP Markets supports the MT4, MT5, and IRESS platforms and offers leverage up to 500:1. You can trade 45 currency pairs with competitive spread or commission pricing.

FP Markets was founded in 2005 and is headquartered in Sydney, Australia. It is regulated by the ASIC in Australia. Demo accounts are available. While it is suitable for beginners, education resources are limited. 

Pros: Cons:
  • High spreads on the standard account
  • Choose between 3 trading platforms
  • Competitive spread pricing on raw account
  • High spreads on the standard account
  • A range of possible additional fees
  • AU $200 minimum opening balance

CMC Markets

Regulated by:FCA, ASIC, DFSA, BaFin, IIROC, MAS, FMA

Headquarters:United Kingdom

Foundation Year:1989

Min Deposit:$0

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

CMC Markets is a multi-asset class spread betting and CFD broker with over 30 years of experience, regulated by the UK’s Financial Conduct Authority (FCA) and thus offering segregated funds and a high level of security and safety. The CMC Group is a publicly-traded company on the London Stock Exchange.

The broker offers 3 different trading accounts: spread betting, CFD and Corporate accounts. Each account offers users to trade on more than 9,000+ trading instruments covering Indices, Forex, Cryptocurrencies, Commodities, Shares and Treasuries with spread betting offering commission-free trading and CFD and Corporate accounts offering commission-based trading on Shares only.

Users can trade on the MetaTrader 4 trading platform and on the broker’s own, proprietary, web-based Next Generation platform for web and mobile trading. The Next Generation platform is feature-rich with 115 technical indicators and drawing tools, 12 chart types and a pattern recognition tool. The broker also offers news and analysis from their own market analysts, as well as education, webinars and seminars.

Pros: Cons:
  • FCA UK regulated and publicly traded company on the London Stock Exchange.
  • 9,000+ trading instruments covering multiple asset classes.
  • Feature-rich proprietary Next Generation trading platform.
  • News and analysis from in-house market analysts.
  • Steep learning curve for beginning traders using the Next Generation advanced trading platform.

*The Company does not offer and/or promote and/or distribute CFDs on Virtual Currencies (Cryptocurrencies) for the residents of the United Kingdom.

What is a Segregated Account?

A segregated account is an investors individual account within a firm which is separate from the firm’s money. This type of account provides a few crucial benefits to an investor. First of all, the separate account creates a certain level of security to the investor in the event the brokerage declares bankruptcy. With the funds being in a segregated account, the investor has full control of the money and can withdraw the funds at any time. Another security reason is for the ease of use between accounts. Both the brokerage and the investor has a clear understanding of where their money is and if its being used for the right purpose. Many jurisdictions require brokerages to maintain a segregated account to ensure the clients funds are not used for operational purposes. Having a segregated account prevents confusion and ensures security for both parties.

The purpose of Segregated Account in Forex

Investing in the forex industry is a risky business, much like any other types of investment. Therefore, an investor must take necessary precautions to maintain a level of security with their funds. One way they can do this, is to ensure they choose a forex broker who offers segregated accounts. These types of accounts offer piece of mind by knowing where your money is, the balance, and that no one can use it for unlawful purposes. For example, without a segregated account your money is accessible by the brokerage and they could use it for their own expenses, to redress the balance, or any other obligations they might have. As well, in the event of bankruptcy, the brokerage could runaway with your funds, causing a strenuous legal battle to get them back. With a segregated account, none of this is possible. It offers security and piece of mind to the investor.

Segregated Accounts vs. Managed Accounts

Both segregated and managed accounts are terms that are easily interpreted as the same thing or going hand in hand. It is true that they are grouped together in the sense that managed accounts generally include a segregated account for investors funds. The difference between these two types of accounts is; a managed account is handled by a money manager in which they make trades using money from a master account. Where the segregated account comes in, it keeps an investors funds separated from the brokerages master account. It is used in conjunction with managed accounts to transfer funds to the money manager.

In addition to this, segregated accounts can be used by themselves without managed accounts. An investor may choose a brokerage to trade through, without the help from a money manager. Making it an individual segregated trading account.

Read More:

Trade With A Regulated Broker