brokers are they safe

  1. 10,917 Posts.
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    After some of the failures of late eg Sonray,opes I was having a look into these brokers.
    I trade with comsec only because I don't trust anyone other than big banks?I just had a look and on their website it says Comsec is a wholly owned but non - guaranteed subsidiary of CBA?What about cash accounts linked are they safe?Are they safe to use?
    I notice that E Trade is a wholly owned subsidiary of ANZ and enjoys support from ANZ?
    Where do we stand with all these brokers?
 
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