Is Max Secure?

Max was designed from the ground up with security in mind and has been analyzed and tested by leading experts in cybersecurity.

The overall design of Max provides additional safeguards to help ensure that your banks move your funds only between your own accounts. All funds transfers are executed by your banks, not by Max. Max never takes custody of or touches your money, so your cash stays FDIC-insured in your own bank accounts at all times. Unlike other cash sweep solutions, there are no “omnibus accounts” “sub-ledgers” or other intermediaries that stand between you and your money. Max was conceived with the simple design principle that your cash is always safest when you hold it directly in your own FDIC-insured bank accounts.

In addition to security, Max also cares about your privacy and understands that the best way to protect your data is not to retain it unnecessarily. For example, Max permanently deletes sensitive personal information, such as your social security number, after it is securely transmitted to your chosen banks. Max has strict privacy policies and does not accept advertising or sell your information to third parties.

Read about the extensive measures we’ve taken to protect your privacy and the security of your accounts.