NB! The protections mentioned in this article do not cover poor investment performance. It’s important to always remember that markets may go up or down, so you should never invest more than you can afford to lose.
Trusting us with your investments is not something we take for granted. Lightyear Europe AS is a licenced investment firm and as such is bound by strict regulatory obligations in how we handle and protect your assets. We do this via a process known as safeguarding.
Safeguarding means that, by law:
- your assets are stored separately from our business funds with regulated and reputable UK, EU and US credit institutions or custodians
- these assets are inaccessible by our creditors in the unlikely event of Lightyears insolvency
Yes, all Lightyear customers have their equities covered up to the amount of 20,000 EUR by the Estonian Investor Protection Sectoral Fund. Read more about this fund here.
Your US securities are held with our partner Alpaca, who is FINRA regulated and is a registered member of the Securities Investor Protection Corporation (SIPC). This means your US securities are protected up to the value of $500,000 should Alpaca fail. You can read more about this directly on the SIPC website.
