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Interactive Brokers is heavily regulated, overseen by various top-tier financial authorities worldwide such as the FCA, SEC, and FINRA. UK clients’ eligible funds are protected under the Financial Services Compensation Scheme (FSCS) up to £85,000 per person per firm, granting peace of mind in terms of security.
Moreover, the platform employs two-factor authentication and industry-leading encryption to fortify account security.
Types of ISAs Offered
Interactive Brokers provides stocks and shares ISAs for UK investors, enabling tax-efficient investing across various assets like stocks, ETFs, and bonds. This feature is particularly beneficial for long-term investors looking to grow their capital without the constraints of tax implications.