IB and non-US customers

Discussion in 'Retail Brokers' started by yabz, Mar 18, 2008.

  1. yabz


    There was a thread a while ago that suggested that non-US customers might not be protected by SIPC.:(

    Does anyone have further information on this?
  2. nravo


    Jeeze, and what does non-US mean? I am a US citizen but a non-resident. I live in Australia.
  3. I am a Canadian Citizen and IB Canada accounts are protected in the same way that other accounts at accredited Investment Dealers would be protected. If IB goes bankrupt I am protected but only up to 100K.


    However, it has become clear to me that it's not a simple matter. I think there exist situations in which I could lose money through no fault of my own but CIPF would not cover me. It depends on what events precipitate the losses