August 28, 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?
Yes
3. On average, how often do you access your online account?
Daily/more than once a day
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):
Save and grow my money for medium- to long-term goals
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.)
My experience has been excellent. I use Fidelity, both the live and Beta version daily. I feel that it is important to have a clean and simple interface as to not obscure the purpose of the app. It is very easy to place different kinds of buy and sell orders, and educational excerpts are provided for a large variety of features within the app that are universal to trading stocks. You cant get this kind of immediate education using anything other than a trading platform on the internet. Overall, I love these apps, I have never saved and invested more money in my life, and I think these apps are beneficial for the stock market.
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.)
N/A Started With Fidelity Mobile App
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 : Less Than 12 Months
Bonds : None
Options : None
Mutual Funds : None
ETFs : None
Futures : None
Cryptocurrencies : 2-5 Years
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?
So the clearing house balance can be protected. (SARCASM) I know you guys are getting that exact response by the boatload, dont record mine as genuine. There should be no restrictions in a free market. Its not hard to understand.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
The future of the stock market is in blockchain technology. It is so important that the SEC works to keep the US markets modern and fair, and I do not see that at the moment. Actually, I see the opposite which is so sad to say. Blockchain is the answer. Furthermore, reading about stocks on my phone and discussing them on forums has shockingly become an important part of my life, it is something I get a lot of joy out of. The sense of community in some of these forums is very strong, and provides for countless great moments.
Thanks for allowing me to comment.