Help & FAQs

How is my cash protected?

Cash which we designate as ‘client money’ is held in accordance with the FCA rules on Client Money. These require us to hold it in one or more client bank account(s), segregating your money from ours with banks that are regulated by the FCA or other European regulators. This money is held on deposit in trust accounts, so that any creditors would have no legal right to it.

We cannot use any of this money to cover our obligations.

Please note, we hold Client Money with a number of Banks, at our absolute discretion, but in accordance with the FCA Rules on diversification. We treat each client’s cash balances as if they were held in the same ratio as our total Client Money balance with these Banks in compliance with the FCA Rules.

Protection limits can be found on the FSCS website and are set per eligible person, per firm (not per account).

Submitted on 10th Oct 2017

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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