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 can recommend try you Zecco and TradeKing.
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.
TradeKing has been rated #1 Discount Broker by SmartMoney’s (the Wall Street Journal Magazine) annual US broker survey. It was also awarded the highest 4-star ranking in Barron's survey of Best Browser-Based Online Brokers. TradeKing platform features real-time portfolio information, advanced order entry, stock, option and mutual fund screeners, customized charting and alerts, volatility charts, a pricing probability calculator, free research and integrated news, and interactive educational information. Open a TradeKing account here

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