I think that’s incorrect. It says “Each client will be compensated if one of our companies fails to comply with its obligations to the clients due to its financial state.” If I understand correctly, since every client’s money are stored in the UK bank, then if something would happen to your money in that bank, then you should be protected by the FSCS, whether you’re from the UK or not. Here’s another comment I found in another thread:
"
DaoLeader
everyone is covered by the UK FSCS protection. the mention of Bulgaria european coverage is there just in case something should change that means Trading212 would no longer be covered by FSCS. It’s legal speak so T212 can say it has all its bases covered and to always provide clients with some security/insurance. so it would be just the £85,000 practically.
even that wouldn’t need to be used unless something drastic happened."