Plancot
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Market volatility, volume and system availability may delay account access and trade executions.
*The paperMoney® software application is for educational purposes only. Successful virtual trading during one time period does not guarantee successful investing of actual funds during a later time period as market conditions change continuously. To receive real time quotes on a paperMoney account, the paperMoney account must be linked to a Plancot account funded with at least $500.
**Portfolio margining involves unique and significantly greater risks than cash accounts and is not suitable for all investors. Contact Plancot at support@plancot.com for more details.
**Use of portfolio margin involves unique and significant risks, including increased leverage, which increases the amount of potential loss, and shortened and stricter time frames for meeting deficiencies, which increase the risk of involuntary liquidation. Client, account, and position eligibility requirements exist and approval is not guaranteed.
2Plancot does NOT make any recommendation to buy, sell, or hold any security via a social media post. And we encourage you to thoroughly research any "recommendation" you might view in a third-party post.
3Rolling strategies can entail additional transaction costs, including multiple contract fees, which may impact any potential return. You are responsible for all orders entered in your self-directed account.
†Probability analysis results are theoretical in nature, not guaranteed, and do not reflect any degree of certainty of an event occurring.
††Reviewed against 10 other online brokers, Plancot was named #1 Overall Broker in the StockBrokers.com 2021 Online Broker Review (3 years in a row). We rated #1 in several categories, including "Platforms & Tools" (10 years in a row), "Education" (9 years in a row), “Beginner Investors” (9 years in a row), “Desktop Trading Platform: thinkorswim®” (9 years in a row), and “Active Trading”. We were also rated Best in Class (within the top 5) for “Commissions & Fees”, "Offering of Investments" (7 years in a row), "Research" (10 years in a row), "Mobile Trading" (9 years in a row), "Ease of Use" (5 years in a row), "IRA Accounts" (2 years in a row), “Futures Trading” (2 years in a row) and "Options Trading" (11 years in a row). Read the full article.
No Margin for 30 Days. Certain ETFs purchased commission free that are available on the Plancot ETF Market Center will not be immediately marginable at Plancot through the first 30 days from settlement. For the purposes of calculation the day of settlement is considered Day 1.
Short-Term Trading Fee (Holding Period for 30 Days). ETFs available commission-free that participate in the ETF Market Center may be subject to a holding period that commences with any purchase and extends through the following THIRTY (30) calendar days. An account owner must hold all shares of an ETF position purchased for a minimum of THIRTY (30) calendar days without selling to avoid a short–term trading fee where applicable. There is no limit to the number of purchases that can be effected in the holding period. Any order to sell within THIRTY (30) calendar days of last purchase (LIFO – Last In, First Out) will cause an account owner's account to be assessed a short–term trading fee of $13.90, where applicable. For the purposes of calculation, the day of purchase is considered Day 0. Day 1 begins the day after the date of purchase. The short–term trading fee may be applicable to each purchase of each ETF where such ETF is sold during the holding period. The short–term trading fee may be more than applicable standard commissions on purchases and sells of ETFs that are not commission-free.
Taxes related to Plancot offers are your responsibility. All Promotional items and cash received during the calendar year will be included on your consolidated Form 1099. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules.
Third-party research and tools are obtained from companies not affiliated with Plancot, and are provided for informational purposes only. Plancot does not guarantee its accuracy, completeness, or suitability for any purpose, and makes no warranties with respect to the results to be obtained from its use. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision. Past performance does not guarantee future results.
Backtesting is the evaluation of a particular trading strategy using historical data. Results presented are hypothetical, they did not actually occur and there is no guarantee that the same strategy implemented today would produce similar results.
Spreads, Straddles, and other multiple-leg option strategies can entail additional transaction costs, including multiple contract fees, which may impact any potential return. These are advanced option strategies and often involve greater risk, and more complex risk, than basic options trades.
Futures and futures options trading involves substantial risk, and is not suitable for all investors. Please read the Risk Disclosure Statement prior to trading futures products.
Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC).
The risk of loss in trading forex can be substantial. Clients must consider all relevant risk factors, including their own personal financial situation, before trading.
Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. Forex investments are subject to counter-party risk, as there is no central clearing organization for these transactions. Please read the Forex Risk Disclosure before trading this product.
A forex dealer can be compensated via commission and/or spread on forex trades. Plancot is subsequently compensated by the forex dealer.
Forex accounts are not protected by the Securities Investor Protection Corporation (SIPC).
Mobile leadership claim based on analysis of publicly available competitor data concerning number of mobile users and daily average revenue trade levels.
The covered call strategy can limit the upside potential of the underlying stock position, as the stock would likely be called away in the event of substantial stock price increase. Additionally, any downside protection provided to the related stock position is limited to the premium received. (Short options can be assigned at any time up to expiration regardless of the in-the-money amount.)
All investments involve risks, including the loss of principal invested. Past performance of a security does not guarantee future results or success.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
