What is "APEX Clearing Corporation?"
APEX Clearing Corporation ("Apex") is Grifin's official brokerage provider!
APEX is our third-party brokerage partner that handles the execution of many of your account's key investing actions. These include when you do things like buy or sell a stock, get issued a dividend payment from a company, assessing your personal risk tolerance, and so much more!
Each week, our proprietary technology automatically invests you in the places you spend with, shop at, or pay bills with - with some added benefits courtesy of APEX, including but not limited to:
- ⚡ Live stock trading: Buy and sell supported stocks at real-time market prices
- 🏎️ Same-day deposits & trades: You can deposit and buy/sell stock in just seconds, subject to market hours!
- 🏦 Multiple deposits per day: You can make more than one deposit per day for full flexibility!
- 🛟 Government-backed brokerage account insurance: APEX is a member of the Securities Investor Protection Corporation (“SIPC”), which provides up to $500,000 in federal account insurance (up to $250,000 in cash). SIPC does not protect against market losses.
- [COMING SOON] Cash sweep program: Un-invested cash will be eligible for a sweep program currently offering a 3.25% annual percentage yield!*
*The rate is variable, subject to change without notice, and is offered through program banks. FDIC coverage applies through participating banks subject to program terms. Full program disclosures will be provided before the program becomes available to you.
Disclosure: To the extent that this communication includes references to securities, those references do not constitute a recommendation to buy, sell or hold such security. Keep in mind, investing involves risk. Examples are for illustrative purposes and are not recommendations of Interest Financial LLC. Past performance is no guarantee of future results. Interest Financial, LLC provides investment advisory services to users. Grifin provides the digital platform, technology, and other non-advisory services. While Interest Financial, LLC and Grifin are affiliated companies, they operate as separate legal entities.