Company Information

Get to know Deposit Protection Service

Launched in 2007, The Deposit Protection Service is the largest provider of tenancy deposit protection in the UK. Authorised by the government, its primary mission is to safeguard tenants' deposits and provide a free, impartial dispute resolution service to resolve disagreements at the end of a tenancy. The DPS offers two types of schemes: a Custodial scheme, where they hold the deposit for free throughout the tenancy, and an Insured scheme, where the landlord holds the deposit but pays a fee to protect it with The DPS. The service is operated by Computershare Investor Services PLC.

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Financial Banking

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Deposit Protection Service

United Kingdom

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.