What insurance or protection do I get for my account?
US brokerage ecosystem recommends that ever investor account should have insurance.
Stockal’s brokerage partner, DriveWealth, is a member of the Securities Investor Protection Corporation (“SIPC”) which currently protects the securities and cash in your Account up to $500,000 of which $250,000 may be in cash.
Please note that this $500,000 is not applicable general losses in the stock market.
