DislikedThat is correct, they are safer then other brokers. A forex account or all of your forex accounts with IB are protected up to 1M per customer. Meaning if you have 5 accounts and you have a million in each account, only 1M of your total 5M is protected. Still the best I have seen thus far on a retail level.Ignored
Does this also apply to universal accounts? Also, where is the 1M protection mentioned on their site. Even their security FAQ has nothing specific about FX, other than that it is OTC and unregulated, jee whiz.
http://individuals.interactivebroker...?ib_entity=llc