Hello, I wanted to ask which funds are covered by FSCS in case of T212 bankruptcy? Is it just invested amount or invested amount + profits generated? What about cash? Thank you for your answer!
Your funds are held in Barclays and your shares are held by IBKR.
Both of them would need to go bust before the FSCS would be involved.
In the case of T212’s insolvency either another broker would take over the handling of the accounts or the administrator would.