Questrade now self clearing, should I be worried?

Discussion in 'Retail Brokers' started by iamdom, Jan 13, 2013.

  1. iamdom


    As of the new year Questrade is no longer using penson but is self clearing. Would that not make it easier for my money to disappear?IB is self clearing too.
  2. Better to be gone from Penson. Didn't they just bk?
  3. If you have under SIPC/CIPF insured amounts then no.
  4. iamdom


    Thanks guys i should still have cipf.