are brokerage accounts fdic insured 
brokerage accounts are not fdic insured like deposit accounts at banks instead the money you have in a brokerage account may be insured by the securities investor protection corporation sipc the sipc doesn t insure you against losses resulting from market activity or fraud the sipc will reimburse investors for up to 500 000 including 250 000 in cash in the event of a firm s insolvency the sipc only covers member firms 