Hi all,
I only read this on the Oanda site that I found worrying:
Your Margin Account with OANDA is not covered under any federal or state insurance program, or by any other entity. In the event OANDA should become insolvent or file for protection under the bankruptcy legislation, it's possible that you'd eliminate the whole amount in your Margin Account.
Does anyone know of brokers similar to Oanda (ie that comes with an online platform) but in which there is insurance?
Thanks.