As per regulations, Algbra is required to 'safeguard' all customer deposits and funds.

We do this by holding the money you deposit or receive in a client money bank account, which we manage on your behalf. We have client accounts with banking partners that are ESG compliant.

Safeguarding protects your money because if Algbra was to ever become insolvent, the money in these client accounts would be used to pay out to you (and other customers).

Your account holds e-money which is not covered by the Financial Services Compensation Scheme. For more information about how we protect your money, please get in touch with our team via info@algbra.com.