Brokerage Products and Services offered by Firstrade Securities Inc.
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Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. An investor should understand these and additional risks before trading. Carefully consider the investment objectives, risks, charges and expenses before investing. All investments involve risk and losses may exceed the principal invested. Past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Firstrade is a discount broker that provides self-directed investors with brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice.
Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure before you begin trading options.
ETF trading involves risks. Before investing in an ETF, be sure to carefully consider the fund's objectives, risks, charges, and expenses. Please read the prospectus carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. ETF Information and Disclosure.
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A mutual fund or ETF prospectus contains this and other information and can be obtained by emailing service@firstrade.com.
Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation. For more information please see Margin Disclosure Statement, Margin Agreement, and FINRA Investor Information. These disclosures contain information on our lending policies, interest charges, and the risks associated with margin accounts.
Online trades are $0 for stocks, ETFs, options and mutual funds. See our Pricing page for detailed pricing of all security types offered at Firstrade. All prices listed are subject to change without notice.
Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.
This is not an offer or solicitation in any jurisdiction where Firstrade is not authorized to conduct securities transaction.
System response and access times may vary due to market conditions, system performance, and other factors.
© 2023 Firstrade Securities Inc. All rights reserved. Member FINRA/SIPC.
Firstrade Securities Inc. is a discount brokerage firm that caters to self-directed investors, offering various investment products and services. They don't provide personalized advice but focus on enabling investors to manage their portfolios independently. Let's break down the concepts highlighted in the article to offer a comprehensive overview:
1. Brokerage Services and Products by Firstrade Securities Inc.:
- Self-Directed Investing: Firstrade offers services to empower investors to make their own decisions rather than providing tailored advice.
- Online Trading Risks: Acknowledges that online trading carries inherent risks due to system response times, market conditions, and performance factors.
- Investment Considerations: Emphasizes the importance of understanding investment objectives, charges, expenses, and risks before making investment decisions.
2. Investment Products Offered:
- Stocks, ETFs, Options, and Mutual Funds: Firstrade facilitates trading in various securities, including stocks, exchange-traded funds (ETFs), options, and mutual funds.
- ETFs Specific Risks: Warns investors to carefully assess risks, charges, and expenses associated with ETFs, especially Leveraged and Inverse ETFs, due to increased exposure to volatility.
3. Educational Resources and Information:
- Prospectus and Brochures: Encourages investors to review prospectuses and standardized options brochures before investing in mutual funds, ETFs, or options.
- ETF Information and Disclosure: Provides essential information regarding ETFs and their associated risks.
4. Margin Trading and Risks Involved:
- Margin Trading Risks: Advises about the risks and interest charges associated with margin trading, highlighting the potential for losses exceeding the deposited amount.
- Customer Assessment: Encourages investors to evaluate if margin trading aligns with their investment objectives, risk tolerance, and financial situation.
5. Pricing and Disclaimers:
- $0 Online Trades: States that online trades for various securities, including stocks, ETFs, options, and mutual funds, are priced at $0.
- Pricing Disclaimer: Warns that prices are subject to change without notice and that specific securities mentioned are for demonstration purposes only, not as recommendations.
6. Legal and Regulatory Disclosures:
- Regulatory Compliance: Emphasizes compliance with regulatory bodies like FINRA/SIPC and mentions jurisdictional restrictions where Firstrade isn't authorized to conduct transactions.
- System Response Disclaimer: Reiterates that system response and access times might vary due to market conditions and other factors.
This detailed breakdown aims to offer a comprehensive understanding of the concepts mentioned in Firstrade's brokerage services and products. If you're considering using Firstrade or exploring investment options, this information forms a critical foundation to evaluate their offerings and risks involved.
