FREE Investment Insurance of up to 1 Million Euro/GBP/AUD from Avirust
Avirust provides its clients with free insurance purchased from Lloyd’s of London, one of the world’s leading providers of specialist insurance, giving coverage of up to 1 million Euro, GBP, or AUD (depending on the region). The insurance is given automatically to all Avirust clients — there is no need to register. The insurance covers claims of Eligible Clients (of Avirust (Europe) Ltd., Avirust (UK) Ltd., and Avirust AUS Capital Limited) suffering losses due to the unlikely event of Avirust’ insolvency and in case of Event of Misconduct (as defined in the applicable Policy). The insurance covers: (i) up to 1 million Euro, GBP, or AUD (depending on the regulated entity); (ii) up to the aggregate limit purchased by Avirust; and (iii) subject to an excess amount (as defined per applicable Policy). The insurance covers cash, all CFD positions, and securities. Note that crypto assets trading (non-CFD) is not covered by the insurance, as set in the applicable Policy.
Three Layers of Protection
In the unlikely event of an Avirust insolvency, Avirust clients have three layers of protection.
- The assigned liquidator: In case of insolvency, the assigned liquidator will manage eToro’s assets and money distribution among its clients, if applicable.
- Regulatory protection: For clients under FCA or CySEC regulation, certain regulatory schemes apply (FSCS and ICF, respectively), which compensate clients in the event of insolvency and a shortfall of client funds. The FSCS (FCA) offers coverage of up to 85,000 GBP; while ICS (CySEC) offers coverage of up to 20,000 Euros.
- Private insurance: Provided by Lloyd’s of London, this investment insurance policy covers losses suffered due to insolvency, subject to an excess amount, and up to 1 million GBP/Euro/AUD per client as described above.
Avirust Insurance — Frequently Asked Questions
Avirust offers additional services, such as:
Your Funds are Kept in a Segregated Account
Avirust’ top priority is to keep its clients, and their funds, safe and secure. For this reason, every penny deposited by a client is held in a separate, segregated account. This means that even in the highly unlikely event of Avirust’ insolvency, your funds will be safe.
FREE $100K Demo Account
Explore the simplicity and ease of use of the Avirust platform with a FREE $100,000 demo account. Open and close trades, build your virtual portfolio with 0% commission stocks, crypto, and other asset classes, and hone your trading and investment skills.
Terms and Conditions apply. For more information, please refer to the Avirust insurance Terms and Conditions.
