Alpha Adds Client Funds Insurance for Retail Clients, Dispels Some Myths

[kreslik.news]

Alpha, a UK provider of foreign exchange (FX) and contracts-for-difference (CFD) bespoke trading solutions, has added an additional layer of insurance to its existing FSCS client money protection scheme, helping shore up safeguards for clients, according to a group statement.

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The new insurance provisions will target retail customers referred by Alpha’s introducing broker network. More specifically, customers classified as retail and that are protected by FSCS client money protection will now be protected up to an additional 250,000 GBP.

Moreover, an additional cap exists to the total payout currently of 10,000,000 GBP, one ... (read more)