What kind of compensation mechanism is the financial service compensation scheme mentioned by Innolux?
I looked up some information. This Inno is the full license holder of FCA, and the UK is the first brokerage firm in the world that explicitly requires its domestic foreign exchange retail business to put the client's funds into a separate account. FCA has established a financial service compensation plan under the investor protection plan, and a limited liability company is responsible for compensating the funds in the separate accounts of traders in bankrupt companies. In the investor protection plan, no matter whether a bank or a securities firm conducts bankruptcy liquidation, the account funds of traders will not be classified as bankruptcy property. Any investor who invests in foreign exchange and gold will be protected and compensated by the plan. The scheme gives customers a maximum compensation of 48,000 pounds, which consists of 65,438+000% of the first 30,000 pounds and 90% of the last 20,000 pounds. Therefore, it is safe for traders to invest less than 30,000 pounds (about 400,000 RMB) to buy and sell foreign exchange, gold and other products.