With regard to the assets in the ordinary account, funds and assets of Interactive Brokers U.K. Limited ("IB UK") customers are maintained at Interactive Brokers LLC ("IBLLC"). Customer securities accounts at IBLLC are protected by the Securities Investor Protection Corporation (“SIPC”) for a maximum coverage of $500,000 (with a cash sublimit of $250,000) and under IBLLC's excess SIPC policy with certain underwriters at Lloyd's of London for up to an additional $30 million (with a cash sublimit of $900,000) subject to an aggregate limit of $150 million. Futures, and options on futures are not covered. As with all securities firms, this coverage provides protection against failure of a broker-dealer, not against loss of market value of securities. For more information about SIPC and answers to frequently asked questions (such as how SIPC works, what is protected, how to file a claim, etc.), please refer to the SIPC and FINRA websites.
Client money in the -F account is entirely segregated from IB UK’s own money. In the event of a failure of an authorized firm, clients’ monies held in the segregated accounts will be returned to the clients rather than being treated as a recoverable asset by general creditors. If there was a shortfall, the client may be eligible to claim for compensation from the Financial Services Compensation Scheme (“FSCS”).
Additional Information
- IB UK Customer Protection of Assets available in our Knowledge Base