Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
Customer-money shortfall and alleged misuse of client funds
When Worldspreads entered administration, reports indicated that only £16.6 million of the £29.7 million required to cover customer balances remained. The shortfall led to allegations that client money had not been properly segregated under the company's license and may have been misused over a number of years. The collapse also prompted criticism of regulatory and audit oversight.