What Happens if Your Broker Goes Bankrupt?

Описание: Brokers might be registered with the FCA and you might have FSCS protection but most people don't know what actually happens in the worst case scenario. Remember: your broker doesn't own your investments, you do.

FSCS protection checker: https://www.fscs.org.uk/check/investm...
Making a claim: https://www.fscs.org.uk/making-a-claim/
Financial Ombudsman Service: https://www.financial-ombudsman.org.u...

This video does not represent financial advice, and we are not financial advisors. When investing, your capital is at risk. Investments can rise and fall and you may get back less than you invested. Past performance is no guarantee of future results.

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🕧 Timestamps:
0:00 FSCS protection
0:51 What FSCS protection actually covers
1:57 Investments are treated differently
4:03 What happens if a broker goes bust?
4:24 When FSCS covers investments
5:30 Making claims
6:31 UK security

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