Segregated Client Funds
Your money is held in dedicated client-funds accounts at independent banking partners, kept separate from the capital Clarity uses to run its business.
What segregation means
Client deposits at Clarity Markets sit in named client-money accounts held with Tier-1 banking partners. Those accounts are operationally and legally distinct from the corporate accounts that pay our salaries, technology, and other business costs. The two pools are not commingled, and client money is not used for Clarity's hedging, treasury, or proprietary activity.
How it works
Three controls sit between a deposit and the balance you see.
Client deposit routes to a dedicated account
Every deposit is sent to a client-funds account held at a Tier-1 banking partner — separate from any account used to run Clarity's business. The account is named and labelled to reflect that the money belongs to clients, not to the firm.
Operating expenses are paid from a separate corporate account
Salaries, technology costs, marketing, and other company expenses are paid from a distinct corporate account. Client money is never used to fund Clarity's operations, hedging, or proprietary activity. The two pools of money do not mix.
Daily reconciliation between books and bank records
At the end of each business day, balances on the trading platform are reconciled against the bank's records of the segregated account. Any discrepancy is flagged for immediate investigation by the operations and compliance teams.
A regulatory requirement
Segregation is mandated under the conditions of our FSC Investment Dealer licence. The Financial Services Commission (Mauritius) requires licensees to keep client money in separately identifiable accounts at approved banking institutions, to maintain accurate records of every client's entitlement, and to reconcile those records on a routine basis.
Compliance with these conditions is reviewed by an independent audit firm annually, alongside our statutory financial audit.
What the rules require
Segregation is a condition of our FSC Investment Dealer licence — not an internal policy we can vary at will.
Client money may only be held at banks whose jurisdictions legally recognise the segregated nature of those accounts.
Records of client balances, transfers, and reconciliations are retained for the periods required by FSC rules.
Our segregation controls are reviewed annually by an independent audit firm as part of the statutory audit cycle.
Legally separate estate
Segregated client money sits outside Clarity's general estate. It is not an asset that can be used to satisfy claims from the firm's general creditors.
Returned ahead of general creditors
In an insolvency, the appointed administrator's job is to identify segregated client balances and return them to the clients they belong to before unsecured creditors are paid.
Subject to administrator's costs
The legal process of identifying and returning client money may carry administration costs, which can be deducted from the segregated pool under applicable insolvency law.
Not deposit insurance
Segregation is legal separation of money, not a government-backed deposit guarantee. There is no scheme that compensates for trading losses or for shortfalls caused by external bank failure.
Tier-1 banking partners
Client money is only held with Tier-1 banking partners — institutions that meet recognised international standards for capital strength, liquidity, and supervision. They sit under their own home regulators and are subject to Basel III capital adequacy and liquidity rules.
We do not publish bank names on this page. Our risk function reviews each partner periodically; concentration limits prevent over-reliance on any single counterparty.
Tier-1 status under recognised international banking standards.
Subject to Basel III capital adequacy and liquidity coverage rules.
Operating in jurisdictions whose law recognises segregation of client money.
Periodic credit and operational review by Clarity's risk function.
What segregation doesn't cover
Segregation is a treasury and legal control. It is not a guarantee against every risk a trader faces, and it is worth being clear about where it ends.
Market risk
Segregation does not protect against losses generated by your own trading. P&L from open or closed positions remains your risk.
Platform downtime
Segregation is a treasury control. It does not compensate clients for missed entries or exits caused by platform, connectivity, or venue outages.
FX conversion on withdrawals
If you withdraw in a currency different from your account base currency, FX conversion costs and timing differences are borne by you.