Originally published at: What makes InvestEngine safe? – InvestEngine Insights
Investing your hard-earned money requires trust and confidence in the platform you choose. At InvestEngine, we prioritise the safety and security of our clients above everything else, ensuring that your investments are well-protected and managed with care. Here’s why we’re a safe co-pilot for your investment journey.
Regulated by the FCA and FSCS
InvestEngine is authorised and regulated by the Financial Conduct Authority (FCA), one of the most respected financial regulatory bodies globally. The FCA ensures that we adhere to stringent standards of conduct, transparency, and financial stability. This regulation means we operate with the highest levels of integrity and professionalism.
Additionally, we are covered by the Financial Services Compensation Scheme (FSCS). This scheme protects your money and assets for up to £85,000 per person, per firm in the unlikely event that InvestEngine were to cease trading. This dual layer of regulatory oversight and financial protection provides peace of mind that your investments are secure with us.
Investing in ETFs, not P2P lending
InvestEngine is not a peer-to-peer (P2P) lender. With us, you are investing in a portfolio of funds called exchange-traded funds (ETFs) that track the performance of stock markets, bonds, and other assets. ETFs are known for their efficiency and flexibility, allowing you to diversify your investment portfolio easily. Diversification is a key strategy in mitigating risk, as it spreads your investments across a wide range of assets. This approach helps you stay on track even if certain markets fluctuate.
Also, ETFs in your InvestEngine account are traded on the stock market, enabling quick and straightforward withdrawals. You can sell your ETFs and typically have your cash back within three to four business days, without any withdrawal charges. In contrast, some P2P lenders may require you to wait weeks to retrieve your funds and often impose high exit fees.
Robust security measures
At InvestEngine, we employ state-of-the-art security measures to protect your data and investments. Our platform uses advanced encryption technology to safeguard your personal information and transactions. We continuously monitor and update our security protocols to stay ahead of potential threats and ensure your data remains confidential and secure.
Transparent and user-friendly platform
Transparency is at the core of our operations. We provide clear and detailed information about your investments, fees, and the performance of your portfolio. Our user-friendly platform makes it easy for you to manage your investments, track your progress, and make informed decisions. We believe that informed investors are empowered investors, and we are committed to providing you with the tools and information you need to succeed.
Segregated client accounts
InvestEngine holds all client cash in pooled client bank accounts at NatWest Bank Plc and your investments in a pooled client account at CREST, operated by Euroclear UK and Ireland. These are segregated from the firm’s money and investments, meaning that InvestEngine and its third-party partners have no legal right to your money and investments. This ensures that your assets are protected even in the unlikely event that InvestEngine were to go bankrupt.
Expert support and guidance
InvestEngine’s team of experienced professionals is dedicated to helping you achieve your financial goals. We offer personalised support and guidance, ensuring you have access to support whenever you need it. Our commitment to excellent customer service means you can rely on us to be there for you every step of the way.
Open Banking for secure payments
We offer a convenient and secure Open Banking service to facilitate quick and easy payments into your InvestEngine account. This service, integrated with our partner TrueLayer, allows you to transfer money safely and instantly, keeping full control of your funds. You authorise the transfers through your own bank’s app or website, and we never see your bank login or password.
Choosing InvestEngine means choosing a platform that prioritises your safety, offers diversification through ETFs, and provides robust security measures. Our regulation by the FCA and coverage by the FSCS, combined with our transparent and user-friendly platform, make us a trusted partner in your investment journey. Invest with confidence and let us help you build a secure and prosperous future.
Important information
Capital at risk. The value of your portfolio with InvestEngine can go down as well as up and you may get back less than you invest. ETF costs also apply.
This communication is provided for general information only and should not be construed as advice. If in doubt you may wish to consult a professional adviser for guidance.
Tax treatment depends on personal circumstances and is subject to change, and past performance is not a reliable indicator of future returns.