All funds in the cash account are legally protected up to €100,000 per investor. They are held in an omnibus trust account at one of our partner banks. These currently are Deutsche Bank, J.P. Morgan SE and Citibank Europe plc.
Deutsche Bank and J.P. Morgan SE are subject to supervision by the Deutsche Bundesbank and the BaFin (Federal Financial Supervisory Authority Germany). Citibank Europe plc is supervised by the Central Bank of Ireland.
The securities in your custody account are not covered by the deposit guarantee scheme, they are your property instead. They are held by Trade Republic Bank GmbH in the respective domestic and international depositories. Therefore, the securities are always yours.