Account protection with SIPC plus additional insurance, at no additional cost
As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000, including a maximum of $100,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at (202) 371-8300 or visit www.sipc.org.
Our clearing firm’s policy through Lloyd’s of London (Lloyd’s) provides additional account coverage up to $24.5 million (including up to $900,000 in cash) per client as defined by SIPC rules. With both SIPC and Lloyd’s of London coverage, accounts are protected up to a total of $25 million per client (as defined by SIPC rules) including up to $1 million for cash balances.
This coverage does not protect against loss of market value of securities.
Firewalls and Secure Socket Layering (SSL) Technology
We use electronic safeguards like powerful firewalls to maintain the confidentiality of your information, and our secure site area uses SSL (Secure Socket Layer) technology to provide a secure environment for all transactions. So when you submit sensitive information via our website, your information is encrypted and safe. Just look for the padlock icon on your browser to verify your security.
Account Privacy and Security Policies and Procedures
We go to great lengths to ensure your account will not be compromised. At the same time, we want to offer you easy access to the array of products and services you’ll need to accomplish your goals. Only SpeedTrader employees and third-party service providers who need information to perform a specific service will ever be granted access to your information. Furthermore, all employees are kept up-to-date on our security and privacy practices and our service providers are contractually obligated to keep information confidential.
If you have further questions about the security of your online trading account, feel free to contact us.