Stuck Somewhere?
US brokerage regulations recommend that every account should be insured as per the SIPC insurance act. Groww’s brokerage partner ViewTrade Securities is a member of the SIPC, which protects all securities and cash holdings in your accounts up to $500,000, of which $250,000 may be in cash. The SIPC protects the investors’ assets in a financially-troubled SIPC brokerage member firm. Please note that this $500,000 is not applicable on general losses in the stock market.