SIPC
SIPP INDUSTRIES INC NEW
stock OTC

> Who cares if top step shuts down tomorrow they’ve been in business for 13 years and yes
You will if you're account is up 70K, but you somehow cant "take the money out" because of some weird arbitrary rules around withdrawing in the first few months.
But if ToS, or Tasty, or robinhood goes under? Its backed by legislation to be protected up to 500K for SIPC brokers.
and "what if" happens all the time. Robinhood almost popped and went under not even a few years ago. It was saved by angel investors, and thats one of the *biggest* brokers of all time.

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Fidelity Brokerage Services LLC, Member NYSE, SIPC

Indeed, insurance is a big difference. Fidelity (and Schwab) has more insurance for customers via SIPC and Lloyd's of London than any bank in the US. Any bank.
So, indeed, there is a difference and Fidelity and Schwab are better.
What else?

> Who cares if top step shuts down tomorrow they’ve been in business for 13 years and yes
You will if you're account is up 70K, but you somehow cant "take the money out" because of some weird arbitrary rules around withdrawing in the first few months.
But if ToS, or Tasty, or robinhood goes under? Its backed by legislation to be protected up to 500K for SIPC brokers.
and "what if" happens all the time. Robinhood almost popped and went under not even a few years ago. It was saved by angel investors, and thats one of the *biggest* brokers of all time.

Thanks for your post. We ask that all investment strategy discussion be kept within the weekly discussion post pinned at the top of the sub.
This post/comment has been removed for violating rule #2. - In regard to securities and investments

Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments to our weekly discussion post.
We are not able to assist with these types of questions on reddit but have a variety of tools and resources to help our clients invest their funds and find an investment that fits their objectives and risk tolerance. To learn more about investing check out the "Getting started with investing" page on our learning center [here](https://www.fidelity.com/learning-center/overview).

To find research and tools to help you, click on the "News & Research" on fidelity.com on the menu bar. This will expand a sub menu where you will be able to learn about and research mutual funds, stocks, ETFs, fixed income, and more. You can also go to "Investment Products" on the menu bar to learn more about the types of accounts that we offer. [Click here to visit Fidelity.com](https://www.fidelity.com)

Fidelity Brokerage Services LLC, Member NYSE, SIPC

This post/comment was removed for violating rule #9 - Posts that go outside the scope of customer service.

The focus of this subreddit is for customer service questions about Fidelity products and services, money movement, transfers, and trading. This subreddit is not intended to address complex inquiries that go beyond the scope of normal service. Examples include legal or regulatory topics and questions asking about industry practices. We ask that you give thought if your question is something you would ask to a Fidelity support representative.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

Indeed, insurance is a big difference. Fidelity (and Schwab) has more insurance for customers via SIPC and Lloyd's of London than any bank in the US. Any bank.
So, indeed, there is a difference and Fidelity and Schwab are better.
What else?

This post/comment was removed for violating rule #2. - In regard to securities and investments

In regard to securities and investments - This community is about Fidelity customer care and financial education. While we cannot recommend specific securities or investment strategies, we can provide Fidelity tools and research that may help guide you to find an investment. Fellow Redditors may also offer an opinion on investments. Fidelity doesn’t endorse any of the expressions, opinions or content posted by non-Fidelity members or any third parties on /r/fidelityinvestments. Do not rely on comments to form the basis of an investment decision. Always make sure to do your due diligence prior to investing. Remember to look for the flair to make sure it’s us! We’ll be labeled as “Community Care Representative.” We do reserve the right to remove any comments that are outside the spirit of our subreddit.

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This post/comment was removed for violation rule #8 - No solicitation, promotions, or 3rd-party content.

No posts soliciting or promoting opportunities to members of the community – for personal benefit or otherwise. Posts or comments encouraging others to seek help through other channels (alternate subreddits, 3rd-party websites, etc.) defeats the purpose of our community. Do not copy/paste copyrighted content from third-party sources into your posts.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

Thanks for your post. We ask that all investment strategy discussion be kept within the weekly discussion post pinned at the top of the sub.
This post/comment has been removed for violating rule #2. - In regard to securities and investments

Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments to our weekly discussion post.
We are not able to assist with these types of questions on reddit but have a variety of tools and resources to help our clients invest their funds and find an investment that fits their objectives and risk tolerance. To learn more about investing check out the "Getting started with investing" page on our learning center [here](https://www.fidelity.com/learning-center/overview).

To find research and tools to help you, click on the "News & Research" on fidelity.com on the menu bar. This will expand a sub menu where you will be able to learn about and research mutual funds, stocks, ETFs, fixed income, and more. You can also go to "Investment Products" on the menu bar to learn more about the types of accounts that we offer. [Click here to visit Fidelity.com](https://www.fidelity.com)

Fidelity Brokerage Services LLC, Member NYSE, SIPC

Thanks for your post. We ask that all investment strategy discussion be kept within the weekly discussion post pinned at the top of the sub.
This post/comment has been removed for violating rule #2. - In regard to securities and investments

Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments to our weekly discussion post.
We are not able to assist with these types of questions on Reddit but have a variety of tools and resources to help our clients invest their funds and find an investment that fits their objectives and risk tolerance. To learn more about investing check out the "Getting started with investing" page on our learning center [here](https://www.fidelity.com/learning-center/overview).

To find research and tools to help you, click on the "News & Research" on fidelity.com on the menu bar. This will expand a sub menu where you will be able to learn about and research mutual funds, stocks, ETFs, fixed income, and more. You can also go to "Investment Products" on the menu bar to learn more about the types of accounts that we offer. [Click here to visit Fidelity.com](https://www.fidelity.com)

Fidelity Brokerage Services LLC, Member NYSE, SIPC

Thanks for your post. We ask that all investment strategy discussion be kept within the weekly discussion post pinned at the top of the sub.
https://www.reddit.com/r/fidelityinvestments/comments/1qnicws/weekly_discussion_thread_volatility_market/
This post/comment has been removed for violating rule #2. - In regard to securities and investments

Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments to our weekly discussion post.
We are not able to assist with these types of questions on reddit but have a variety of tools and resources to help our clients invest their funds and find an investment that fits their objectives and risk tolerance. To learn more about investing check out the "Getting started with investing" page on our learning center [here](https://www.fidelity.com/learning-center/overview).

To find research and tools to help you, click on the "News & Research" on fidelity.com on the menu bar. This will expand a sub menu where you will be able to learn about and research mutual funds, stocks, ETFs, fixed income, and more. You can also go to "Investment Products" on the menu bar to learn more about the types of accounts that we offer. [Click here to visit Fidelity.com](https://www.fidelity.com)

Fidelity Brokerage Services LLC, Member NYSE, SIPC

I really like trading with the app. But boy when it comes down to it, Webull is a mysterious shadowy online entity. If their stock tanks and the company goes bankrupt, I would imagine it would be a nightmare to get your money back from them.
"bUt tHey'Re FINRA/SIPC regUlaTed"
Yeah, but when has that stopped shenanigans from happening with people's money. It happens all the time with financial institutions.
I still keep the bulk of my trading money in Fidelity. At least they have physical locations in the US.

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