WorldSpreads: will you get your money back?

WorldSpreads going bust was the realisation of every private investor's worst nightmare. So what happened - and can you get your money back?

Your broker going bust is probably a private investor's worst nightmare. Last week, shares in WorldSpreads a prominent spread-betting firm were suspended after accounting irregularities were found and the finance director resigned. The company is effectively bankrupt and is being wound up by the administrators, KPMG.

Why has this happened?

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