Are your STOCKS PROTECTED if Investment Platform GOES DOWN? How safe is Investing?
What happens to your stocks, funds and bonds should the investment platform you are investing with go down?
What happens then and what choices do you have to protect your investments?
The secret is that the FSCS works similar to your investments as your bank account, if the platform meets their criteria.
That means that you can have up to £85k protected of your deposits that you could then claim back if the platform closed down.
In this video I break down how to check if you are covered and more:
Invest using Etoro – https://mamafurfur.com/etoro
71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Invest using Trading212 – https://mamafurfur.com/trading212 (and watch my video to receive a FREE SHARE with £1 invested)
**DISCLAIMER – When you invest your capital is at risk, that means you might not get back what you invest initially. This blog post is meant for educational purposes only and does not act as personal finance advice. Always speak to a Financial Advisor or specialist if you are unsure of your money & financial choices before making any decisions.
I’ve also launched a new course if you are looking for more background into investing here so please check this out if you wish to invest or develop your knowledge of the stock market further:
Be sure to check out a few more of my money making and job related videos here:
6 Websites to make £100+ a day
5 Income Generating Assets for Passive Income
Enjoy this video?
Why not check out these other blog posts on similar topics:
Investing for Income – How to live off Dividends & Investments
How to open an Investment ISA for tax free investing
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