Your money is insured, your brokers are insured. They just manage the risk differently than people directly in the tech world. Even though banks are right in th

Your money is insured, your brokers are insured. They just manage the risk differently than people directly in the tech world. Even though banks are right in the middle of it. A good analogy for banks risk mitigation is like putting up a guard rail in front of a cliff. It's up to the user how high the rail gets set. Like daily limits, notifications, initial passwords, 2fa etc. For the most part, banks and brokers want to reduce the friction of events.