Your Precious Metals are protected in 2 ways:
Every Fractional Metal trade you make will be hedged by CM-E. This means that when you buy a Fractional Metal, CM-E will buy the underlying metal to ensure a repayment of the price appreciation to you.
CM-E is a member of the Compensatory Fund of Securities Trading Companies in Germany. This means that when CM-E cannot meet its liabilities in relation to the services and products offered to you, you can file a compensation claim. There are conditions to the approval of the claim by the German Regulator (BaFin):
a) The Fractional Metal should be denominated in EUR (which they are)
b) The claim is limited to 90% of the value of the Precious Metals with a maximum of €20,000.00
Next to this, Your money is still protected via your Vivid Money pocket and linked bank account at Solarisbank AG.