Stock Market Investors » Glossary of Stock Terms » What does SIPC Stand for?

What does SIPC Stand for?

SIPC stands for Securities Investor Protection Corporation. This entity represents a private agency that is sponsored by the US government. The major activity of the SIPC is to provide insurance against a potential failure on the part of a brokerage. Thorough this insurance your assets are protected from major losses. However, the insurance provided by the SIPC is not limitless. It is no more than $500,000 for each account you own. Additionally, you should keep in mind that the coverage of the insurance doesn't include losses from trades.

To be a successful investor you need two main things - the knowledge and the right trading platform.

For a trading platform we recommend you try Zecco.
Zecco offers free stock trades, no account minimum, real time quotes, trading community, and is also insured and protected against loss by SIPC. Opening a Zecco account to benefit from $0 Stock/ETF trading is a smart idea. Free stock trades allow you to preserve more of your wealth and save money, which you can invest instead of paying brokerage commissions.

For knowledge we can highly recommend you subscribe to the The Wall Street Journal.

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