Client money as well as ETF`s are held in segregated accounts:
- protected by the FCA rules on Client Money and Safe Custody Assets and
- secured by the Financial Service Compensation Scheme.
Therefore, in unlikely case of us going insolvent, your money will be sitting safely at Barclays and at Saxo Bank. ETFmatic will not be able to, and is not allowed to access your money for any purpose other than investing it in your best interest. Additionally, we are covered by the FSCS with the usual restrictions, including limits for investments which are currently set at 50.000 GBP. For more information please refer to the officialFSCS website : http://www.fscs.org.uk/can-we-help/
Find out more about approach here: https://etfmatic.com/whitepaper