Cryptocurrency Q&A
How is my money protected in Interactive Brokers?
How is my money protected in Interactive Brokers?
BusanBeautyBloomingStar
Mon Oct 14 2024
|
7 answers
1835
I'm concerned about the safety of my funds in Interactive Brokers. I want to understand the measures they have in place to protect my money and ensure its security.
7 answers
Davide
Wed Oct 16 2024
The Lloyd's policy is designed to complement SIPC's coverage, offering investors peace of mind beyond the initial $500,000 threshold.
Was this helpful?
382
61
Stefano
Wed Oct 16 2024
It's important to note that the Lloyd's policy is subject to an aggregate limit of $150 million across all customers. This aggregate limit ensures that the policy remains financially sustainable and able to provide protection to a wide range of investors.
Was this helpful?
329
89
ShintoMystery
Wed Oct 16 2024
SIPC, the Securities Investor Protection Corporation, offers a vital safety net for investors in the securities market. It guarantees the first $500,000 of each customer's assets, with a specific allocation of up to $100,000 for cash holdings.
Was this helpful?
111
52
CryptoMercenary
Wed Oct 16 2024
In the realm of cryptocurrency exchanges, BTCC stands as a prominent player, offering a comprehensive suite of services to its users.
Was this helpful?
148
25
SsangyongSpiritedStrength
Wed Oct 16 2024
This protection serves as a foundational layer of security, ensuring that investors can recover a significant portion of their investments in the event of a broker-dealer failure.
Was this helpful?
350
96
Load 5 more related questions
