Cryptocurrency Q&A
How much money is moomoo insured for?
How much money is moomoo insured for?
OceanSoul
Wed Dec 25 2024
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5 answers
1463
I'm considering using the moomoo platform and want to understand the level of insurance coverage it provides. Specifically, I'm wondering how much money is insured in case of any financial losses or issues with the platform.
5 answers
Martino
Fri Dec 27 2024
Moomoo operates under the regulation of the SEC, ensuring a high level of compliance and trustworthiness in its services.
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GwanghwamunGuardianAngelWingsBlessing
Thu Dec 26 2024
The platform offers the SIPC investor protection scheme, which provides an additional layer of security for its users.
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Eleonora
Thu Dec 26 2024
The SIPC protection scheme safeguards investors against potential losses in the event that the broker faces financial difficulties or goes bust.
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CryptoProphet
Thu Dec 26 2024
This protection covers both cash and securities, giving investors peace of mind regarding their investments.
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GeishaMelody
Thu Dec 26 2024
The limit of SIPC protection is set at $500,000, offering substantial coverage for investors' assets.
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