DislikedYou are all right with those brokers. Thats what I plan to do in, errr, three months. My doubling up of account wont be injecting more money in Oanda, but picking second broker. Yet, right now, as I dont have sufficient capital to make more accounts and I need the lowest spread, I am stuck with Oanda UK, which is Ltd . I hope they wont rob me.
There is Canadian Investor Protection Found or CIPF that CIPF covers customers of Members who have suffered or may suffer financial loss solely as a result of the insolvency of a Member. Such loss must be in respect of a claim for the failure of the Member to return or account for securities, cash balances, commodities, futures contracts, segregated insurance funds or other property, received, acquired or held by, or in the control of, the Member for the customer, including property unlawfully converted. The limit is $1,000,000 CDN.
members of CIPF