Vittaverse tells you on its regulation page that client deposits sit in segregated accounts. Clause 5.2 of the Client Services Agreement lets your money be pooled with other clients' money in an omnibus account.
Liquidity providers are outside banks and brokers.
Why this matters
If Vittaverse or the firm holding the money fails, that clause says you may have no claim on any specific sum. You would be one creditor among many, not the owner of a ring fenced balance.
Exhibit 1Every flagged clause gets its own number so you can point at this one. The number does not change, so a link to it keeps working.CriticalHow much this clause can cost you, in our reading. Critical can take your money or your profit. Warning can delay or limit it. Notice is simply worth knowing before you sign.Standard wordingHow ordinary this wording looks next to the contracts we read. This is our reading of the clause, not a count of other brokers.
Client money may be held with third parties in an omnibus account, and it may not be possible to separate it from other clients’ money or the third party’s money. In an insolvency event, the Client may not have a claim against a specific sum in a specific account.
Firms licensed by the FCA, CySEC or ASIC must hold retail client money in segregated client accounts, kept apart from the firm's own funds and reconciled regularly. Vittaverse names no regulator, and its agreement allows pooling with no claim on a specific sum.
VITTAVERSE is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.