hi, does any know of any brokers which offers insurance on margin deposit(secure our funds in case broker goes bankrupt) and nice spreads?
thank you ! hope to hear from u guys !
thank you ! hope to hear from u guys !
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QuoteDislikedNew Deposit Insurance Limits - Congress has temporarily increased FDIC deposit insurance from $100,000 to $250,000 per depositor through December 31, 2009. Changes have also been made to other account types. For more information visit: Deposit Insurance Coverage Summary
DislikedSPIC says no, IB says yes. (Who knows what Loyd's of London would say.) As has been mentioned before, IB handles forex trades a bit differently (debit/credit balances instead of the futures contract format). Perhaps this is what makes the difference, however, until this coverage is put to the test, I'd be sceptical.Ignored