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Both. I suspect there is some kind of FDIC-like insurance but not sure of the specifics.
by blueblisters 6y ago
Both. I suspect there is some kind of FDIC-like insurance but not sure of the specifics.
- ajhurliman 6y agoYes, it's called SIPC, you're fine unless you have over $500,000 in robinhood.
- dagw 6y agoWith the (potentially huge) caveat that any losses you suffer due to not being able to sell your stocks in the period where you SIPC claim is being processed is not covered.