Interactive Brokers vs Saxo
It seems like Interactive Brokers segregates accounts "Client money is segregated in special bank or custody accounts, which are designated for the exclusive benefit of clients of IBKR." + they have special policy coverages. At the end of the day both IB and Saxo seem reliable, just think Saxo has a better product for me even though more expensive
Originally Posted by shri
What I mean by segregated account is for each customer they have their own separate account that Saxo sets up.
Originally Posted by TheRoadAhead
With IB, they segregate the investments of all their customers in a separate account.
Spot the difference?
Got it. Thank you a lot. I’ll probably go with Saxo even more expensive. Just need to think of trading at least one every 6 months
Originally Posted by pin