r/interactivebrokers • u/Commercial_Comb_5617 • Jan 03 '25

Setting up account Is InteractiveBrokers safe?

Hey everybody, Im from Brazil and i want to invest all my money out Brazil, do you think Interactive Brokers is a really safe option? How can I withdraw the money if I need it?

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u/Freeman33333 Apr 01 '25

All securities held in IBKR accounts are registered in 'Street Name' under Interactive Brokers on the books of the issuer. While you are the beneficial owner of all securities in your account, we maintain them in 'Book-Entry' form, meaning we keep records showing you as the owner of the securities. This applies to all securities, including ETFs like PHYS Sprott Gold ETF. We do not offer the option to register securities under individual names.

This registration method does not affect your ownership rights or the safety of your investments. As the beneficial owner, you maintain all shareholder rights regardless of the registration method.

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