brokers and credit crunch

any one know if brokers will be affected from the credit crunch...ie go bust...people lose accounts etc

That's a very interesting question someone actually asked me as well just the other day.

I am yet to either come up with, or be given a properly informed answer though :

All I can say for sure, is it depends on who's pockets their in at the end of the day, and what "other business" their involved in besides brokering.

I'm not particularly bothered by either of the brokers I use, but I'd love to get some better views on this myself actually.

yea im with oanda and i know they are very well capitalized...so not sure if it will affect them that much