| Whether you are online trading Canada or | | | | guarantee their accounts against fraud. |
| in the United States, you need to be | | | | You need to be aware though that some |
| aware of the potential for hackers to | | | | online brokers do not guarantee their |
| steal your personal investing | | | | accounts against fraud. If you are |
| information. When trading online in the | | | | investing online, check your online |
| United States you are allowed to | | | | trading contract to see if you will be |
| transfer money directly out of your | | | | protected against fraud. |
| online trading account to either your | | | | There are a number of good stock brokers |
| personal account or a third party | | | | or Forex brokers available for online |
| payment processor. | | | | trading Canada and United States. Each |
| Online trading Canada has some checks | | | | broker will offer different features. |
| and balances in place. You usually can't | | | | Brokers will offer an assortment of |
| transfer the funds out of your account | | | | trading options such as stocks, futures, |
| to a third party. The broker that you | | | | Forex, bonds and other types of |
| have set up your trading account with | | | | investments. Online brokers will also |
| will typically issue and mail you a | | | | offer different interest rates earned |
| check or you can go to the broker's | | | | and charge different commission fees for |
| office and pick up a check. Remember to | | | | their services depending on the amount |
| never invest money that you can't afford | | | | of technical support that is required. |
| to lose. Regardless of which investment | | | | If you are a Canada citizen there are |
| vehicle you chose there is always a risk | | | | some brokers that will not allow you to |
| that you can lose your entire | | | | trade with their brokerage firm. Online |
| investment. | | | | brokers will also offer different |
| Commonly online trading information is | | | | technical trading indicators. Not all |
| gathered by hackers from a software bug | | | | technical indicators that are offered by |
| that is downloaded to your computer | | | | online brokers are available to online |
| which records all your key strokes and | | | | trading Canada accounts or individuals. |
| the websites that you are visiting. | | | | You will need to do some research and |
| Another popular method of obtaining | | | | determine which broker will fit your |
| personal information is called phishing. | | | | individual investing needs when online |
| Phishing is when a phony email is sent | | | | trading Canada or United States. |
| to you from your brokerage firm or bank | | | | If you are online trading Canada or in |
| asking you to update your personal | | | | the United States there are certain ways |
| information because of a security | | | | that you can protect your personal |
| threat. These emails look like they are | | | | information from being stolen. When you |
| from your brokerage firm or bank but | | | | are developing a password use a |
| they are not. Don't click on the links | | | | combination of numbers and letter in |
| included in these messages. If you have | | | | upper and lower case. Change your |
| a question about the security of your | | | | passwords regularly. Install good virus |
| account, log into your account directly, | | | | software and a firewall on your |
| don't log in through a link in an email. | | | | computer. By taking a couple of easy |
| Online trading Canada and United States | | | | steps to protect your personal investing |
| investors should always deal with a | | | | information your online trading Canada |
| broker that offers their own security | | | | or United States experience will be a |
| systems. These brokers will normally | | | | positive one. |