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This generally should not be a problem. Unlike with banks, who hold your cash directly, brokers (including Freetrade) keep their clientsā€™ assets segregated from their own pool of assets. This means that if Freetrade was to liquidate, you would simply transfer your portfolio to another broker.

To give you a comparison, when Lehman Brothers went into liquidation in 2008, all of its clientsā€™ $275,000,000,000 of assets were transferred to other brokers, mostly Barclays who took over Lehmanā€™s investment banking division. Customers did not take a hit. I do not see any reason for any UK broker to have a different approach.

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