What account protection does TradeStation Securities offer?
TradeStation is a member of SIPC, which protects TradeStation’s client equities accounts up to $500,000 (including $100,000 for claims for cash). In addition, we have arranged excess account protection through HSBC Insurance Brokers, underwritten by of the Lloyd’s of London group, up to a $300 million aggregate limit for all accounts. Therefore, if your claims for cash and securities were to exceed the SIPC coverage (after all cash and securities held in your equities accounts are returned to you), TradeStation will use the additional protection provided to cover your remaining claims, up to $24.5 million per account. Currently, our combined SIPC and excess SIPC account protection will cover all TradeStation equities accounts in the very unlikely event TradeStation became insolvent and was unable to distribute to its clients any of their account assets. While we are proud to offer this account protection, please remember that it applies only in the unlikely case of TradeStation’s insol