Your eccuity paper trading account isn’t covered by any insurance as no ‘real’ money is at risk.
Your eccuity Invest account where you are trading real funds is covered by a newly introduced Excess SIPC Scheme introduced by our partners Alpaca which covers assets up to $30 million in securities and $1 million in cash.
In the event of eccuity or eccuity Invest ever having to shut down. All user funds are held in a separate, secure account.
Full compensation will be offered to users who still had funds within the platform at the time of closure.
For more information of our company structure visit: https://www.eccuity.com/about
For an additional layer of account security, sign up for Two-Factor authentication, using this guide: https://eccuity.tawk.help/article/two-factor-authentication
If you have any other queries, concerns or questions, do not hesititate to reach out to us at admin@eccuity.com. Where a member of our friendly team will help you as soon as they can.