Advertisement

Anonymous

06 Feb 2021

∙

General Investing

What happens if the investment broker or online platform goes bankrupt?

Hi.

My question is say the investment broker which is MAS regulated I'm using goes bankrupt, how much is the amount i can claim and from which organisation?

Thanks much!

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Wrong Sean

06 Feb 2021

Zero.

There is no insurance scheme available for investment brokerage amount in Singapore. Only for bank deposits and insurance policies.

Reply

Save

Write your thoughts

Related Posts

Do you worry about your brokerage/trading platform going bankrupt? What happens to your investments in such events? How likely are such things to happen?

Investments- broker or online platforms?

What will happen if the broker (custodian) goes bankrupt?

How can a broker invest our money if the money is kept in a bank’s custodian account to protect our funds in the event it goes bankrupt?

Tiger broker, anyone know what happens if it goes Bankrupt? What does it really mean to be MAS regulated, how are retail investor protected..?

Related Products

Moomoo Singapore

4.7

482 Reviews

From $0

MINIMUM FEE

0.03%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Saxo Markets

4.5

957 Reviews

Syfe Trade

4.9

127 Reviews

Related Posts

Do you worry about your brokerage/trading platform going bankrupt? What happens to your investments in such events? How likely are such things to happen?

Investments- broker or online platforms?

What will happen if the broker (custodian) goes bankrupt?

How can a broker invest our money if the money is kept in a bank’s custodian account to protect our funds in the event it goes bankrupt?

Tiger broker, anyone know what happens if it goes Bankrupt? What does it really mean to be MAS regulated, how are retail investor protected..?

Advertisement