Where your money is held and the rules that keep it safe.
Your funds with Slay Markets are held by NinjaTrader Clearing, LLC d/b/a NinjaTrader ("NTC"), a CFTC-registered Futures Commission Merchant (FCM), in segregated accounts kept completely separate from NTC's own operating capital. Tradeify Brokerage LLC d/b/a Slay Markets is an Introducing Broker and does not accept or hold customer funds at any point. Because Slay Markets never takes custody of your money, the financial condition of Slay Markets has no direct bearing on the safety of your deposited funds.
Important: Fund segregation is meaningful protection, but it is not insurance. Futures accounts at Slay Markets and NinjaTrader Clearing, LLC are not FDIC-insured and not SIPC-protected, and 100% recovery cannot be guaranteed in every insolvency scenario.
Who holds your Slay Markets funds
Your Slay Markets funds are carried and maintained by NinjaTrader Clearing, LLC d/b/a NinjaTrader ("NTC"), a CFTC-registered Futures Commission Merchant (FCM) and NFA Member with NFA ID 0309379. Tradeify Brokerage LLC d/b/a Slay Markets is an Introducing Broker (NFA ID 0575972) and does not accept or hold customer funds. Your deposits flow directly to NTC, where they are held in CFTC-mandated segregated accounts under CFTC Regulation 1.20, and NTC files daily segregation calculations with the NFA. The table below summarizes who holds your funds and the rules that protect them.
Detail | Value |
Who holds client funds | NinjaTrader Clearing, LLC d/b/a NinjaTrader (NFA ID: 0309379), a CFTC-registered FCM |
Does Slay Markets hold client funds? | No — Tradeify Brokerage LLC d/b/a Slay Markets (NFA ID: 0575972) does not accept or hold customer funds |
Regulatory requirement | CFTC Regulation 1.20 — mandatory segregation of client funds from FCM operating capital |
Daily reporting | NTC files daily segregation calculations with the NFA |
Bankruptcy protection | CFTC Part 190 — client funds distributed as priority claims in FCM insolvency |
Insurance status | Not FDIC-insured and not SIPC-protected (futures accounts) |
What CFTC fund segregation requires at NinjaTrader Clearing
Under CFTC Regulation 1.20, NinjaTrader Clearing, LLC d/b/a NinjaTrader ("NTC") — the CFTC-registered Futures Commission Merchant (FCM) that holds Slay Markets client funds — must keep customer money segregated from its own. Segregation means the following:
NTC (NinjaTrader Clearing, LLC) holds your deposits in a segregated bank account designated for client funds.
NTC cannot use your money to pay its own operating expenses or cover its own liabilities.
The total segregated client funds must always equal or exceed the total amount owed to clients.
NTC files daily segregation calculations with the NFA confirming compliance.
What happens to your funds if NinjaTrader Clearing becomes insolvent (CFTC Part 190)
In the unlikely event NinjaTrader Clearing, LLC ("NTC") — the Futures Commission Merchant (FCM) that holds Slay Markets client funds — becomes insolvent, CFTC Part 190 regulations govern how client funds are handled. A trustee is appointed and client funds in the segregated pool are distributed pro rata to clients as a priority claim; they are not treated as assets of NTC (the FCM).
Fund segregation is meaningful protection, but it is not insurance. 100% recovery cannot be guaranteed in all insolvency scenarios. Futures accounts are not FDIC-insured and not SIPC-protected.
What fund protection does not cover (FDIC, SIPC, trading losses)
CFTC fund segregation at NinjaTrader Clearing, LLC protects your Slay Markets deposited capital from the firm's own creditors, but it is not insurance and does not cover trading losses.
FDIC insurance — covers bank deposits, not futures brokerage accounts.
SIPC insurance — covers securities broker-dealers only, not futures FCMs or IBs.
Trading losses — segregation protects your deposited capital, not against losses from trading.
How to verify NinjaTrader Clearing's NFA registration and fund safety
You can verify the NFA registration and compliance history of NinjaTrader Clearing, LLC (NFA ID 0309379), the FCM holding Slay Markets client funds, at nfa.futures.org/basicnet by searching "NinjaTrader Clearing". You can also verify Tradeify Brokerage LLC d/b/a Slay Markets (NFA ID 0575972) the same way. Additional fund-safety and customer-funds disclosures from NinjaTrader Clearing are published at ninjatrader.com/customer-funds/.
FAQ: Slay Markets fund custody and protection
Q: Does Slay Markets hold my money at any point?
A: No. Tradeify Brokerage LLC d/b/a Slay Markets is an Introducing Broker and does not accept or hold customer funds at any point. Your deposits go directly to NinjaTrader Clearing, LLC ("NTC"), the FCM, where they are held in CFTC-mandated segregated accounts.
Q: Who actually holds my Slay Markets funds?
A: Your funds are held by NinjaTrader Clearing, LLC d/b/a NinjaTrader ("NTC"), a CFTC-registered Futures Commission Merchant (FCM) and NFA Member with NFA ID 0309379, in CFTC-mandated segregated accounts under CFTC Regulation 1.20.
Q: What if Slay Markets goes out of business — what happens to my account?
A: Because Slay Markets is an Introducing Broker that never holds your funds, the financial condition of Slay Markets does not affect your account balance. Your funds are at NinjaTrader Clearing, LLC (the FCM). In that event, NinjaTrader Clearing would continue carrying your account or arrange a transfer to another FCM.
Q: Are my Slay Markets funds FDIC-insured or SIPC-protected?
A: No. Futures accounts are not FDIC-insured and not SIPC-protected. FDIC covers bank deposits and SIPC covers securities broker-dealers, neither of which applies to a futures FCM or Introducing Broker. Your funds are instead protected by CFTC fund segregation at NinjaTrader Clearing, LLC, which is meaningful protection but is not insurance.
Q: How can I verify that my funds are safe?
A: Verify the NFA registration and compliance history of NinjaTrader Clearing, LLC (NFA ID 0309379) at nfa.futures.org/basicnet by searching "NinjaTrader Clearing". NinjaTrader Clearing also publishes customer-funds disclosures at ninjatrader.com/customer-funds/.
Key takeaway: where Slay Markets funds are held and protected
Your Slay Markets funds are held by NinjaTrader Clearing, LLC d/b/a NinjaTrader ("NTC") (NFA ID 0309379), a CFTC-registered FCM, in CFTC-mandated segregated accounts under CFTC Regulation 1.20. Tradeify Brokerage LLC d/b/a Slay Markets is an Introducing Broker and does not hold client funds at any point. CFTC Part 190 provides priority-claim protection for client funds if the FCM becomes insolvent. Futures accounts are not FDIC-insured and not SIPC-protected.
Related Articles
Tradeify Brokerage LLC d/b/a Slay Markets is an introducing broker registered with the CFTC and guaranteed by NinjaTrader Clearing, LLC d/b/a NinjaTrader ("NTC"), and is an NFA Member (NFA ID: 0575972). Tradeify Brokerage LLC d/b/a Slay Markets does not accept or hold customer funds. All customer accounts are carried and maintained by NTC. NTC is a CFTC-registered FCM and NFA Member (NFA ID: 0309379).