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?
No
3. On average, how often do you access your online account?
Once to a few times per month
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 short-term goals (in the next year or two)
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.)
I have not seen any of the features you listed on a broker app.
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 : Less Than 12 Months
Options : 1-2 Years
Mutual Funds : Less Than 12 Months
ETFs : Less Than 12 Months
Futures : None
Cryptocurrencies : 1-2 Years
Commodities : Less Than 12 Months
ClosedEnd Funds : None
Money Market Funds : Less Than 12 Months
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?
Insider trading, Day trading violations.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
Online trading is not the issue with the market the issue is the corrupt institutions who control the market and have no incentive to stop because of weak rules and non existant punishments. Who would stop manipulating the market to make billions or trillions when all they get is a few hundred thousand to millions in fines. That is just a tax. These institutions need fines equal to 100% of their profit on each count they are found guilty and their executives need jail time to make the system work fairly. The sentiment amoung not just the new traders i know but also long time traders who work for firms is that it's blatantly manipulated but yet no acknowledgement by the SEC makes them want to leave the market or participate far less. There is no excuse for not acknowledging the issues everyone else is clearly seeing with the market. Even if you are actually doing an investigation into those corrupting the market you can acknowledge there is an investigation without compromising or giving details to keep market sentiment up.