Are deposits to Float CDIC / FDIC insured?

For customers on the CAD Program, funds deposited to Float are not CDIC insured. 

 

For customers on the USD Program, funds deposited to Float are FDIC insured up to 250k.

 

We currently have a fraud monitoring program, backed by our banking partners, that requires constant account monitoring to ensure your funds are kept secure. Please contact Support if you have any concerns about fund security.