ParityFX is regulated by the Financial Conduct Authority, as well as by HM Revenue and Customs as an authorised Payment Institution. Not only does this give you peace of mind but also the knowledge that as a firm we operate within the boundaries as set out by the Regulators. All clients funds are segregated and thus protected against the claims of other creditors in the event of insolvency. When buying or selling currency with us, your funds are held either in pooled client trust bank accounts or are held at one of our counterparty brokers as cash in transit or collateral to meet our obligations relating to clients’ trades. Funds can be used to fulfil the contractual obligations of our clients but will never be anywhere other than, in the segregated client accounts, with our banking counterparties or in transit i.e. being sent.