Selam aleikum,
I wonder if its permissible to open account with admiral markets invested account ( real stocks… no CFD)
They don’t lent out shares…
but the shares got held in this way… ( see picture)
The message is:
Dear Omar,
Thank you for contacting Admirals Customer Support team.
Further to your inquiry on Live Chat, we would like to inform you that there is no lending program for stocks.
Kindly note that clients may only purchase and sell securities. Once purchased, the securities in the Invest.MT5 account may only be transferred by way of sale.
Securities purchased by a Client may be held in an omnibus account /segregated omnibus account (the “Omnibus Account”) with a third-party broker or custodian.
In addition, these securities may be registered in the name of the intermediary broker or third-party custodian and held in the possession of such third-parties at an authorized securities depository for the benefit of clients of the third-party broker or custodian. The Omnibus Account may be held in a territory outside the United Kingdom or the European Economic Area and will not benefit from the protections afforded to clients under the laws of the United Kingdom or the European Economic Area.
The terms of the Omnibus Account allow for the co-mingling of assets and as such, it may not be possible to separate your securities from those of other clients. The Omnibus Account allows for netting and allows the third-party broker and in some cases, relevant exchanges, liens and security interest over assets held in the Omnibus Account. There are additional risks relating to Omnibus Accounts of which the Client needs to be aware of, including the risk of insolvency (only applies in the event where the securities are held in an omnibus account and not a segregated omnibus account) of the third-party broker and/ or custodian as well as the risk that the held securities may be liquidated at prices not favourable to you or that your rights may not be recognised or enforceable under the laws of the relevant jurisdiction(s).
To read more about Admiral Markets UK Ltd Terms of Securities Trading please -Click here.
To learn more for Admirals Invest.MT5 account type, please -Click here.
Please do not hesitate to contact us for any further assistance you may need.
Thank you,