Question: What happens if the amount of assets exceed the threshold of FSCS insurance?
The FSCS(Financial Services Compensation Scheme) only provides protection up to £50,000, but IronFX UK(8Safe UK) has purchased a extra insurance product “Excess of FSCS Insurance”.
This new policy covers for clients that go beyond the sub-limit of £1,000,000 can be arranged.
The insurance is available for Free to all traders of IronFX UK.
*This Policy provides protection on a per client basis, aggregated over the policy period and is underwritten by Lloyds of London.
You can also find more details of “FSCS excess of loss policy evidence of cover” in the below document.
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