Which 3rd party broker is used in the US?

General Chat 💬
1

Hi All,
Apologies if this has already been asked.

I have been reading the FAQ’s to find out who holds our shares in the US. I have some concerns about what would happen if the broker goes under.

Anybody have info around this?

2

US stocks are held in DTCC (Depository Trust & Clearing Corporation) which is SEC regulated.

From:

3

So nobody else touches the trade between Freetrade and the DTCC?

4

Drivewealth is the US broker.

5

Thanks, I will look them up. Much appreciated.