Cryptocurrency Q&A What happens to my money if Interactive Investor goes bust?

What happens to my money if Interactive Investor goes bust?

KpopStarletShineBrightnessStarlight KpopStarletShineBrightnessStarlight Sun Oct 13 2024 | 6 answers 1273
I'm concerned about the safety of my investments with Interactive Investor. Specifically, I want to know what would happen to my money in the event that Interactive Investor goes bankrupt or becomes insolvent. What happens to my money if Interactive Investor goes bust?

6 answers

EthereumEagle EthereumEagle Tue Oct 15 2024
The Financial Services Compensation Scheme (FSCS) is a safety net designed to protect eligible customers in the event of a shortfall between the assets held by the company and your account balance.

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Tommaso Tommaso Tue Oct 15 2024
The FSCS is an independent body that provides compensation to customers of authorized financial services firms when they go into default and are unable to meet their obligations.

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Riccardo Riccardo Tue Oct 15 2024
In the unlikely scenario where Interactive Investor Services Limited is unable to fulfill its obligations, eligible customers can rest assured that they are protected by the FSCS up to a limit of £85,000.

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Bianca Bianca Tue Oct 15 2024
This compensation limit applies to each eligible customer and covers a wide range of financial products and services, including investments, pensions, and insurance.

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GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Tue Oct 15 2024
As a valued customer of Interactive Investor Services Limited, you are entitled to certain protections in the event of unforeseen circumstances. One such protection is the right to claim compensation should the company be declared in default.

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