Will my deposit be in a segregated account? Is it safe?

Will my deposit be in a segregated account? Is it safe?   

SoarFxGB claims to be located in the United Kingdom and registered with Companies House of United Kingdom (CH). It also presents a link to CH on its website, showing the company detail page on CH. However, CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.

As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (FCA). However, we only found a warning against this broker in FCA. The regulator warned that SoarFxGB was providing financial services or products in the UK without authorisation. You can check the full warning from here.

The truth is, SoarFxGB is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like SoarFxGB and trade with licensed brokers.