10/12/2022
Trading on the stock exchange is difficult, expensive and risky. In fact, there is no?
Example of reasoning: A bank is reliable. It has a license. If the bank goes bankrupt, I will get state-guaranteed deposit insurance. If the broker goes bankrupt, I get nothing.
Not really. The state is watching the brokers very closely - just like the banks, they have to get licenses: to conduct brokerage, depository, dealer's activity, as well as to manage securities. Moreover if licenses of banks are withdrawn every week (including big ones), then withdrawal of broker's license is a relatively rare phenomenon.
The state-guaranteed insurance when investing at the market really does not exist. But in fact there isn't one for many bank depositors either - according to the official data of the Deposit Insurance Agency, over 47% of Russian depositors' money is on deposits over a million rubles, and their share has grown from 42.8% to 47.2%. In other words, this means that many, in the case of bank bankruptcy, will be able to get back only part of their money.
