Global3 yes if you're neither a us/uk citizen but trading with a us/uk registered broker the situation is a little bit complicated, I'm not sure if it can be done, it probably depends if the insurance company has an agreement with an overseas partner (somewhat like medical insurance when traveling abroad). Best get in touch with a general insurance company in your country regarding this particular situation. Regarding insurance by FSA SIPC etc well i haven't really gone into it in depth but most people well versed with the subject tend to agree with what you say, which is its pretty much useless, the segregated account banter brokers mention is the same. Here in India some exchanges have a guarantee fund whereby the exchange collect money from all members on a regular basis and this goes into a fund which the exchange regulates and its purpose is to guarantee payment to all members trading through the exchange in case the counter-party defaults. But this will only protect your open trades not your money held with brokers or clearing houses, and this is only for exchange traded products.
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The only way not to think about money is to have a great deal of it