IN PLAIN ENGLISH
The safekeeping of shares and cash on an investor's behalf, typically by a broker or a dedicated custodian.
WHERE YOU MEET IT
Not shown in the app — it happens at the broker or platform level.
WATCH OUT FOR
Investments held in custody in the UK are covered by FSCS protection up to a limit that changes periodically — check the current figure rather than assuming an old one still applies.
EXPLAINED IN
Educational content only. It is not personal financial advice.