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Non-Tech : Interactive Brokers / Timberhill

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To: Jonathan Sibley who started this subject5/23/2001 11:14:31 PM
From: donv  Read Replies (1) of 9012
 
Started looking at this service recently, one thing I noticed is that account protection is at the bare minimum
100K cash 500K securities this seems very odd as most brokers I deal with have additional coverage for $1,000,000 cash and $100 mil total, spoke to a rep there tonight and was told that is all they have.

Does that concern anyone here, it sure concerns me, or is the rep incorrect??

thanks

donv
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