Broker safety
What is FSCS?
By the verify.trading team · Last reviewed · How we write
Key points
- UK scheme for authorised firms that fail.
- 85,000 GBP per person per firm for investment claims, at the time of writing.
- Does not cover trading losses.
FSCS explained
For investment claims the limit at the time of writing is 85,000 GBP per person per firm. Limits are reviewed, so check the FSCS website for the current figure and for what is covered.
FSCS protection applies to firms authorised in the UK and does not cover losses from trading or from poor performance. An offshore entity of a broker is generally outside it.
Related tools and guides
General education, not investment advice. Regulatory limits and prop firm rules change; check the official source. verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.