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Brokerage Accounts - Solvability Broker

Hi,

I was wondering how you guys work with different brokerage accounts. How much of your capital do you allocate to one broker?

I am working with DEGIRO at the moment. A low cost broker based in Amsterdam. Do you consider the risk your broker could go out of business and work with limited capital on one account?

Thanks

A

"You want a quote? Haven’t I written enough already???"

RIP

What are you trading with these guys? If you own say, stocks of a company, the bankruptcy of the broker should not affect your holdings. The broker is just the agent who facilitated the purchase; they don’t have a liability to you.

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