September 26, 2021
1. Do you have one or more online trading or investment accounts?
Yes, I have one or more accounts that I access 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?
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?
Less often than once a 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
Have fun
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.)
Wealth simple is easy to use and straight forward. But there's a number of features I'd like them to improve that are frustrating. I'd like to see prices of securities update in real time instead of on a 15 minute delay. Real time prices are a premium feature right now which is a scumy business practice in my opinion. I'd also like to see transfer fees removed as right now it is 300 dollars to transfer your shares out of the broker and into a direct registration under my name. I'd also like to see an increase in the amount I can set a sell price. Right now there is a cap on how high I can set prices to autosell my securities. I believe it's my right to set selling prices at whatever I want, it's my security.
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 : Less Than 12 Months
Bonds : None
Options : None
Mutual Funds : None
ETFs : Less Than 12 Months
Futures : None
Cryptocurrencies : None
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?
I believe in a free market, limitations in my ability to trade should be limited to as little as possible. Any malicious restrictions put on my account that hinder my ability to succeed in a supposed free market should expect to be met with legal consequences.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
My experience within this supposed \"Free Market\" have been extremely negative so far. I have been trading under 12 months but have already experienced first hand the RAMPANT corruption and crime that take place everyday. In my experience the SEC have been complicit and are not effective in regulating the law. As a retail investor I feel like I am at an incredible disadvantage when I have to play by the rules but many of the Wealthy do not. When I am able to, I will be pulling all my investments and will never invest in the hive of scum and villainy you call a stock market ever again.