SIPC
SIPP INDUSTRIES INC NEW
stock OTC

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*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

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This was removed for violating rule #10: **keep posts within the scope of customer care, market news, or general investing discussion**.
The focus of this commnity is investing education and Fidelity customer care, including discussions about money movement, transfers, and trading. This sub is not intended to address inquiries that go beyond the scope of normal service.
Please consider if your question is one you’d ask to a Fidelity support representative. Off-topic posts may be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

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Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may 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.
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This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may 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 before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This was removed for violating rule #10: **keep posts within the scope of customer care, market news, or general investing discussion**.
The focus of this commnity is investing education and Fidelity customer care, including discussions about money movement, transfers, and trading. This sub is not intended to address inquiries that go beyond the scope of normal service.
Please consider if your question is one you’d ask to a Fidelity support representative. Off-topic posts may be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This was removed for violating rule #10: **keep posts within the scope of customer care, market news, or general investing discussion**.
The focus of this commnity is investing education and Fidelity customer care, including discussions about money movement, transfers, and trading. This sub is not intended to address inquiries that go beyond the scope of normal service.
Please consider if your question is one you’d ask to a Fidelity support representative. Off-topic posts may be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

I am 38 years old and come from a poor family in a developing country. I only started investing in the US stock market last year. I opened a US securities account online using my passport. It's a small US brokerage firm that offers SIPC insurance and a customer service hotline in my country's language. My current assets are only $29,000. I didn't know about ETFs before and thought the stock market was just another form of gambling. I missed out on ten years of investment opportunities.

Unfortunately, DeGiro is not part of the SIPC. However, his assets there are still insured up to €20.000, cash up to €100.000.
See: [https://www.degiro.com/uk/helpdesk/about-degiro/safeguarded/if-something-happens-degiro-are-my-investments-protected](https://www.degiro.com/uk/helpdesk/about-degiro/safeguarded/if-something-happens-degiro-are-my-investments-protected)

SIPC insures up to $500,000 in securities, does not account for market volatility just shares

US Operations: Webull Financial LLC (the main brokerage arm serving US customers) is a US-registered broker-dealer, regulated by the SEC and FINRA. It is headquartered in St. Petersburg, Florida (previously New York). Customer accounts are protected by SIPC up to $500,000, and it clears trades through US firms like Apex Clearing. The US platform emphasizes compliance with American securities laws.
en.wikipedia.org
Founding and Ownership: Founded in 2016 by Wang Anquan (a Chinese entrepreneur and former Alibaba/Xiaomi employee) under Hunan Fumi Information Technology Co., a Chinese holding company (also called Fumi Technology). It received early backing from Chinese investors, including Xiaomi and Shunwei Capital. The broader Webull Corporation (publicly traded on Nasdaq under ticker BULL via a 2025 SPAC merger) is incorporated in the Cayman Islands as a foreign private issuer, with founder Wang Anquan holding controlling voting power (including super-voting shares). Many early shareholders and some institutional holders have Chinese ties.
tradersunion.com
Hybrid Nature: Webull started as a Chinese tech venture but quickly built its US brokerage business as a Delaware LLC. It has restructured over time (e.g., moving HQ to Florida and separating some entities), but concerns persist about ongoing links to Chinese entities, personnel (including R&D in China), and potential data flows. US lawmakers (from both parties) and state attorneys general have scrutinized these ties over data privacy, national security, and regulatory oversight risks. The company has faced probes and letters from Congress about possible CCP influence.
webull.com
In short: The app and brokerage you use in the US operate as an American-regulated entity, but the parent/holding structure has deep Chinese roots through its founder, original holding company, and investors. It is often described as a "Chinese-owned" or "Chinese-affiliated" US platform—similar to how some other fintechs have foreign backing while complying with local rules.

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This was removed for violating rule #10: **keep posts within the scope of customer care, market news, or general investing discussion**.
The focus of this commnity is investing education and Fidelity customer care, including discussions about money movement, transfers, and trading. This sub is not intended to address inquiries that go beyond the scope of normal service.
Please consider if your question is one you’d ask to a Fidelity support representative. Off-topic posts may be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may 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 before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This was removed for violating rule #1: **do not post personally identifiable information (PII)**.
To protect our customers, we prohibit the posting of any private or confidential information, whether it’s yours or another individual’s. This includes names, account numbers, Social Security numbers, email addresses, phone numbers, or any other information considered PII.
Reposting the contents of information shared via private messages (PMs), modmail, and private subreddit chat is also prohibited.
Please make sure any posts (especially screenshots) don’t include visible PII before posting.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This was removed for violating rule #10: **keep posts within the scope of customer care, market news, or general investing discussion**.
The focus of this commnity is investing education and Fidelity customer care, including discussions about money movement, transfers, and trading. This sub is not intended to address inquiries that go beyond the scope of normal service.
Please consider if your question is one you’d ask to a Fidelity support representative. Off-topic posts may be removed.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*

This has been removed for violating rule #2: **limit discussion of securities and investments**.
Thanks for your post seeking investment advice or discussing specific securities. Please keep all conversations about portfolios and specific investments in our monthly discussion post.
Fellow Redditors may 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 before investing. Remember to look for the “Community Care Representative” flair to make sure it’s us.
*Fidelity Brokerage Services LLC, Member NYSE, SIPC*