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The cash sweep program at ibkr is FDIC insured up to $2.5M, plus $250k SIPC. ICS and CDARS cash sweep is FDIC insured across 2000 banks. Also consider direct
by bdkoepke 4y ago
The cash sweep program at ibkr is FDIC insured up to $2.5M, plus $250k SIPC.
ICS and CDARS cash sweep is FDIC insured across 2000 banks.
Also consider direct buying treasuries with a segregated custodial account.