Where is my money being held? How safe is it?

For your investing account, your money will be held in a brokerage account provided by DriveWealth - a FINRA and SEC-regulated brokerage firm. The brokerage firm is a member of the Securities Investor Protection Corporation (SIPC), which protects the securities and cash in your account up to $500,000 of which up to $250,000 may be in cash. However, SIPC does not protect against market risk and general losses in the stock market.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.

Still need help? Contact Us Contact Us