August 27, 2021
1. Do you have one or more online trading or investment accounts?
Yes, I have one or more accounts that I access both online using a computer and using a mobile app.
2. If your response to Question 1 is Yes, do you think you would trade or invest if you could not do so online using a computer or using a mobile app?
No
3. On average, how often do you access your online account?
Once to a few times a week
4. On average, how often are trades made in your online account, whether by you or someone else?
Once to a few times per month.
5. If you access your account online, did you have the account first, and only began to access it electronically later? Or did you open the account with the idea that you would access it electronically immediately?
I downloaded an app or visited a website first, and then opened up an account with the company
6. My goals for trading or investing in my online account are (check all that apply):
Keep the amount of money I have, while keeping up with inflation
Save and grow my money for medium- to long-term goals
Other
If Other, Explain:
Pay off debt and pursue passions.
7. What would you like us to know about your experience with the features of your online trading or investment platform? (Examples of features are: social networking tools games, streaks, or contests with prizes points, badges, and leaderboards notifications celebrations for trading visual cues, like changing colors ideas presented at order placement or other curated lists or features subscription and membership tiers or chatbots.)
8. If you were trading or investing prior to using an online account, how have your investing and trading behaviors changed since you started using your online account? (For example, the amount of money you have invested, your interest in learning about investing and saving for retirement, the amount of time you have spent trading, your knowledge of financial products, the number of trades you have made, the amount of money you have made in trading, your knowledge of the markets, the number of different types of financial products you have traded, or your use of margin.)
9. How much experience do you have trading or investing in the following products (None, 12 months, 1-2 years, 2-5 years, 5+ years):
Stocks : 1-2 Years
Bonds : None
Options : Less Than 12 Months
Mutual Funds : None
ETFs : None
Futures : None
Cryptocurrencies : Less Than 12 Months
Commodities : None
ClosedEnd Funds : None
Money Market Funds : None
Variable Insurance Products : None
Business Development Companies : None
Unit Investment Trusts : None
10. What is your understanding, if any, of the circumstances under which trading or investing in your account can be suspended or restricted?
Not great but apparently restricting the purchasing of a stock because 'smart' money made a terrible bet is okay That seems like a really fair and equal market..... that was sarcasm. Protect the clearing house? Why was that liability allowed to get out of hand/continue getting bigger and bigger. Are all regulators really so corrupt or is it incompetence? Why protect something that is clearly rotten.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
The apps are fine. The psychological tricks they play to incentivise addiction/gambling (Robin Hoods flashy UI) is all fine and dandy. None of that matters. The fairness and transparency is what should matter. The rules of the game are written by the few and the masses must abide by them. When the rules don't line up for the few they simply don't follow them. I want that to change. Either don't allow retail to trade at all (a incredibly stupid idea, but hey that might actually be for the best maybe we can start our own exchanges and regulators) or level the playing field so the rules are the same for everyone. Increase transparency, get rid of loopholes, get rid of can kicking, get rid of the insane leverage, please stop allowing the very few to continue toying with the global economy for the sake of profits. It's disgusting sad and pathetic.