There is some level of risk associated with any investment. At Moka, we invest your money in a diversified portfolio of low-cost ETFs, so your investment is far less volatile than it would be if you were picking specific stocks.
The ETFs that Moka users are investing in are held in trust by a custodian that is insured by the Canadian Investor Protection Fund. The custodian for Moka funds is Fidelity Canada Clearing and our trustee is TMX Trust, a wholly-owned subsidiary of the Toronto Stock Exchange Group. Please note that while the funds in your account are insured, your Moka account itself is not itself CIPF insured.
We are audited by an international accounting firm annually.