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
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.