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Can I actually own the shares, can you sell my shares without my permission?
Can I actually own the shares, can you sell my shares without my permission?

Everything about ownership of your shares.

Updated over a week ago

*Stock trading: countries: UK, France, Poland, Belgium, Portugal, Netherlands, Germany, Italy, Luxembourg

UK members, with access to stock trading:

The appointed custodian that owns and holds on your behalf the shares bought by you is Alpaca Securities LLC, our Execution Broker. The custodian is also responsible for safeguarding your investment. However, you are the beneficial owner, which means that you have the benefits of ownership and control over the shares you invested into. It means, only you can decide to sell your shares.

EU members, with access to stock trading:

In the EU countries where our members have access to stock trading, we are authorized to deposit all or part of the financial instruments that you entrust to us with a selected sub-custodian. The sub-custody is carried out via the opening of omnibus accounts with our sub-custodians. These omnibus accounts are separate from our sub-custodian's assets, as well as ours, and are opened in our name on your behalf.

For securities listed in EUR, the execution broker is Upvest Securities GmbH and for securities listed in USD, the execution broker is Alpaca Securities LLC. The execution brokers are the custodians of your investments, but you are the legal owner of your assets. To learn more, please check our Terms and Conditions.

Exceptional circumstances - applicable in all countries with access to stock trading

In exceptional circumstances we may arrange for your positions to be liquidated. For example, when an instrument is suspended or no longer listed, which may affect your ability to sell, or as part of the account closure process in order to ensure return of funds. In such cases, we will do so in accordance with our Terms and Conditions, which you have agreed to.

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