10 Tips for Online Investors
When You Invest Online...
1) Receive full disclosure, prior to opening your account, about the alternatives for buying and selling securities and how to obtain account information if you cannot access the firmís Web site.
that most likely you are not linked directly to the market, and that the click
of your mouse does not instantly execute the trade.
3) Receive information from the firm to substantiate any advertised claims concerning the ease and speed of online trading.
4) Receive information on the firmís Web site about significant outages, delays and other interruptions to securities trading and account access, and how to proceed under these circumstances.
5) Receive information on the firmís Web site about significant outages, delays and other interruptions to securities trading and account access, and how to proceed under these circumstances.
6) Determine whether you are receiving delayed or real-time stock quotes and when your account information was last updated.
7) Review the firmís privacy and Web site security policies and whether your name may be used for mailing lists or other promotional activities by the firm or any other party.
8) Receive clear information about commissions and fees and conditions that apply to any advertised commission.
9) Know how to, and if necessary, contact a customer service representative with your concerns and request prompt attention and fair consideration.
Contact your state or
provincial securities agency to (1) verify the registration/licensing status and
disciplinary history of the online brokerage firm; (2) find out if the
investment is permitted to be sold; and (3) file a complaint, if necessary.