IB UK account ( SIPC protection )

Discussion in 'Retail Brokers' started by BLUEDAY000, Mar 30, 2011.

  1. Are IB UK accounts covered from SIPC ???

  2. Application to Open an Interactive Brokers (U.K.) Ltd. Metals and/or CFDs Trading Account :

    I understand that Interactive Brokers (U.K.) Ltd. is not a member of the U.S. Securities Industry Protection Corporation (“SIPC”) and that money and assets held with Interactive Brokers (U.K.) Ltd. are not covered by SIPC.

    What is this ????????????????????????????
  3. IB UK should be covered by the uk FSCS, which covers cash deposits to about $135K (85K GBP), or $270K if you have a joint account with a partner.
  4. This is the answer of IB UK

    #please note that IBUK accounts are protected under Lloyd’s of #London only, not SIPC. Please let us know if you have any further #questions. Thank you.

    How much cash cover Lloyd’s of London ? ( for each account )
  5. cstfx


    Ask THEM.
  6. wow, thanks for your IDEA !!!