Need help and recommandations from Canadian traders -

Is this true?

Quote from Momento:



To my knowledge, trading with IB is not protected by the CIPF. Should this be a big issue when it comes to choosing the right brokerage firm?

Thanks for the great replies guys!
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IB Canada has a big CIPF(Canadian Investor Protection Fund) logo on their home page. So you can safely assume that your account is covered by CIPF.
 
I know it's late in the thread, but I will throw in my vote for IB.
The commission argument holds, but I still like the reliability and the price given that I usually scale in and that means that it would end up being more expensive at another broker anyway.

Just one Canadian's opinion (even though he doesn't currently live there).

-DTK
 
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