Is my marketindex account protected?
The funds in your account are held as a deposit by RBS N.V. in the unlikely event that RBS defaults or becomes insolvent you would not be afforded protection from the UK’s Financial Service Compensation Scheme (FSCS). You may be afforded the protection of the Dutch Deposit Guarantee Scheme which provides a maximum compensation of EUR100,000 per account holder. Funds used to margin trade, including unrealised profits, are not covered by a compensation scheme. In the unlikely event of RBS defaulting or becoming insolvent you could lose some or all of this money.
