Hi all,
I just read this on the Oanda website which I found worrying:
"Your Margin Account with OANDA is not insured under any state or federal insurance program, or by any other entity. In the event OANDA should become insolvent or file for protection under the bankruptcy laws, it is possible that you would lose the entire amount in your Margin Account."
Does anyone know of brokers similar to Oanda (ie which has an online platform) but where there is insurance?
Thanks.
I just read this on the Oanda website which I found worrying:
"Your Margin Account with OANDA is not insured under any state or federal insurance program, or by any other entity. In the event OANDA should become insolvent or file for protection under the bankruptcy laws, it is possible that you would lose the entire amount in your Margin Account."
Does anyone know of brokers similar to Oanda (ie which has an online platform) but where there is insurance?
Thanks.