September 11, 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?
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 a week.
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 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.)
My account does not offer any extras but it does not have PFOF
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.)
My knowledge in the the markets has grown exponentially.
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 : 5+ Years
ETFs : 1-2 Years
Futures : None
Cryptocurrencies : None
Commodities : None
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?
There are no restrictions by my broker other than the trading halts brought on by the market.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
After getting more involved in stock trading it is very evident to myself that the market is a very unfair and corrupt place to invest. Retail traders are not able to access the same information as the big brokers and money makers. The constant shorting of stock to drive the price down, the creation of synthetic shares, abuse of the dark pool. I do realize that the long and short position are supposed to bring the true value of the stock to the surface but in recent years the predatory nature of some brokers and/or hedge funds to drive a company out of business has increased drastically. PFOF is a joke when you have orders being routed to the 2 market makers (Virtu Citadel) who can use this information for their own profit. Insider trading? All in all the markets in the USA are full of illegalities and why not? These companies can break laws, steal money ie selling synthetic shares, manipulate stocks, and what is the punishment? Pennies in comparison. So mostly the market in the USA is unfair and corrupt. The market makers and brokerage firms are corrupt. The companies that oversee these firms DTCC, FICC, NSCC OTCC are run by friends and or ex employees of these firms. How can you have the wolf watch the sheep and you wonder why you have losses?