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January 15, 2021 Updated on
How long does the Deposit Protection Program work?
The duration of the Deposit Protection Program depends on the amount of your deposit.
See the table below to find out the applicable duration of the Deposit Protection.
Deposit Amount | Protection Period |
---|---|
From $50 to $100 | 1 day |
From $101 to $500 | 5 days |
From $501 to $1000 | 10 days |
From $1001 to $5000 | 14 days |
Above $5001 | 20 days |
You can participate in the Deposit Protection Program from the client cabinet.
By making an additional deposit within the specified period, you can extend the period of Deposit Protection.
In this case, the amount of your additional deposit must be larger than the first-time deposit amount.
For example, if you made a first-time deposit of $400, then made a deposit of $500 within 5 days.
It will not extend the protection period but it expires in 5 days.
If you made a first-time deposit of $400, then made a deposit of $1000 within 5 days.
The protection period will be updated to 10 days instead of 5 days.
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