Is Cash Optimiser covered by the Australian Government Financial Claims Scheme (FCS)?

No. Cash Optimiser is not a bank deposit or savings account and is not covered by the Australian Government Financial Claims Scheme (FCS).

Cash Optimiser Interest is a contractual payment by Webull to you under the relevant terms. It is not interest paid by a bank to you, and it is not a distribution, allocation or legal pass-through of Bank Interest.