United States USA

Market data agreement

Market data is the proprietary right of the national exchanges, and Ustocktrade is required to obtain a market data agreement from its users on behalf of the exchanges that own the data.

If you are unable to complete the Agreement, please contact Ustocktrade Support.

Non-professional Vs Professional Trader

A “Nonprofessional” subscriber primarily means that you are receiving market data for your personal, non-business use and are not qualified as a “Securities Professional”, among other criteria. You will be able to receive this consolidated market data for no additional charge.

 A day trader can qualify as a “Non-professional”  if he/she is managing his/her own money AND:

  • Does not assist any other person with investment decisions, nor does he/she share profits; and is not a “Securities Professional”
  • Is NOT receiving office space and equipment in exchange for his/her work as a financial consultant to a firm
  • Has NOT entered into a profit-sharing agreement with an organization

 

If you do not meet these criteria of a “Nonprofessional” subscriber, you will qualify as a “Professional Subscriber” and be covered by a separate agreement and charged an additional market data monthly fee. This fee is directly passed onto our users from the national exchanges.

Large Traders

If a large trader otherwise meets the definition of “Non-professional Subscriber”, the large trader does not lose his or her “Nonprofessional Subscriber” status merely because he or she falls within SEC Rule 13h-1(a)’s definition of “large trader”.

Former Professional Trader

If you are a retired or inactive professional no longer providing services in a professional capacity you qualify as “Non-professional” as long as you are not registered with FINRA. You must notify us immediately if your status as a professional trader changes.




More questions? Contact us.

Please read important legal disclosures.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The information provided should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Consider the investment objectives, risks, charges, and expenses of a fund before investing. Contact us for a prospectus containing this information.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or Exchange Traded Fund (“ETF”) carefully before investing. Before investing in any mutual fund or ETF, you should consider its investment objective, risks, charges and expenses. Contact us at support@ustocktrade.com for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully. ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. ETFs are subject to risks similar to those of stocks. Some specialized exchange-traded funds can be subject to additional market risks. Leveraged and inverse exchange traded products are not designed for buy and hold investors or investors who do not intend to manage their investment on a daily basis. These products are for sophisticated investors who understand their risks (including the effect of daily compounding of leveraged investment results), and who intend to actively monitor and manage their investments on a daily basis

Testimonials may not be representative of the experience of other customers and are no guarantee of future performance or success.

Market data supplied by ActivFinancial. Real-time market data is only supplied when User logs into his or her account.

Securities lending involves the risk of loss if the borrower fails to return the security loaned or becomes insolvent. Investment value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Not all securities and account types are eligible for the Fully-Paid Securities Lending Program. You should consult a tax advisor regarding the tax implications of lending securities and the receipt of substitute payments under applicable tax laws.

Securities products and services offered to self-directed investors through Ustocktrade Securities, Inc. Member FINRA / SIPC. Ustocktrade is the brand name of Ustocktrade LLC. Ustocktrade LK (Private) Limited, Ustocktrade Finance, LLC and Ustocktrade Securities, Inc. are fully-owned subsidiaries of Ustocktrade, LLC.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

FINRA BrokerCheck reports for Ustocktrade Securities are available at http://www.finra.org/brokercheck

Ustocktrade Securities, Inc.
Member FINRA/SIPC
V.03 03/04/2021