Matthieu Remy
06 Dec 2021
Is your money safe with easyvest?
Whether you are a first-time client or new to the easyvest community, you may be wondering how we keep our clients' money safe. Answer in 5 points.
Easyvest is registered with the FSMA
The FSMA is the “watchdog” or the regulator of the financial markets in Belgium. Its mission is to protect financial services clients by guaranteeing them honest, fair and transparent treatment. As a banking services agent and insurance broker, easyvest is registered with the FSMA, which ensures that our services and processes comply with applicable regulations. Otherwise, the FSMA would ban us from operating.
Your assets are deposited into a segregated account in your name
When you invest money through easyvest, this money does not arrive in our bank account, but in a separate account in your name with what is called a custodian bank. This is a financial institution whose sole function is to hold your assets. Your money therefore does not enter easyvest's balance sheet and will not be impacted in the event of our business going bankrupt.
Your deposits are guaranteed up to €100.000
The custodian bank subscribes to what is called in Belgium the "Guarantee Fund for deposits and financial instruments", which protects your deposits up to €100.000 and your financial instruments up to €20.000. It intervenes when an establishment can no longer meet its obligations, in the event of bankruptcy or fraud, in particular.
Our IT infrastructure is at the forefront of data protection
All of easyvest's infrastructure is managed by companies considered to be cybersecurity experts such as Salesforce, Amazon Web Services and Microsoft Azure. Their services are used by many banks and governments, which allows easyvest to automatically benefit from the most advanced securities available on the market.
Passive investing is the least risky stock market investment strategy
Easyvest specializes in passive investing, a strategy consisting in following the market rather than trying to beat it. By becoming an easyvest client, you invest in diversified index funds of Eurozone government bonds and equities from around the world. Zero risk certainly does not exist on the stock market, but with such a level of diversification, this risk is greatly reduced.
Note: This article was written when Easyvest was authorized and regulated by the FSMA as an agent in banking and investment services.