Secure custody of assets
Client Assets are held by Interactive Brokers L.L.C., a member of the Securities Investor Protection Corporation (SIPC). As a result, your investments are protected by SIPC, up to $500,000 in value, including $100,000 in any cash awaiting reinvestment. SIPC provides protection for brokerage firms against losses should a SIPC member firm fail financially and become unable to meet obligations of its securities clients.
SIPC coverage is not the same as the insurance provided on bank accounts provided by the Federal Deposit Insurance Corporation (FDIC.) SIPC does not protect investors against a decline in the market value of securities. SIPC generally protects customers against the physical loss of securities if the broker/dealer holding the securities for the customer fails.
