It says individual balances are FDIC insured up to $250,000. which is lower than the setup fee and minimum balance for the custodial account, I share the link t

It says individual balances are FDIC insured up to $250,000. which is lower than the setup fee and minimum balance for the custodial account, I share the link to show they have some systems in place, speculation and trading will never be risk-free I think