Assuming you have a Stake trading account, you do! Your investments are registered in your name and you are the beneficial owner. DriveWealth manages the books and records and the securities are held in custody by Electronic Transaction Clearing, Inc. ("ETC") and USD cash balances are held in money market accounts at Dreyfus, a wholly owned subsidiary of the Bank of New York Mellon. All your holdings and cash are registered in your name in a segregated account and are insured for up to $US500,000 under SIPC insurance.
Modified on: Tue, 11 Feb, 2020 at 5:14 PM
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