how secure are IB accounts?

Discussion in 'Interactive Brokers' started by RXIS, Oct 26, 2005.

  1. RXIS


    In what ways is it possible to lose the money in IB accounts besides from placing bad trades?

    If I die or become a vegetable, will the money in my IB account be transferred to a family member?

    I actually posted this in the IB forum but it didn't post.
  2. Quiet1


    i guess the rules on this depend on which country your are in but in general this is an issue of making a will, ie what would happen to your house or your car if you die etc - same thing basically.

  3. you did not get a reply most likely because the question has nothing to do with IB. Where the money goes when you die/become a vegetable is dependent on the laws where you live, not which broker holds your account