Help Center

Invest With Us: Ground Rules for Watch Accounts

*Note: Depending on your user access level, and if you have an advisor who can access your account, some of the functions described here may not be available to you, or may be performed by your advisor.

What are Watch Accounts?

You may experiment with Folios and our platform through your Watch Account without using real money.

Ten Folio Limit

You can create up to ten Watch Folios where you will be able to simulate, placing orders, modifying hypothetical positions, and tracking the performance of your Watch Folios, just as you would in an account funded with real money.

Deleting Folios

Select the Settings tab and look for the Watch Folio you want to delete, and then select Close Folio.

Twenty Hypothetical Folio Trades a Day Limit

You may place up to twenty hypothetical trades, a day, in a Watch Account.

Buy Watch Folio: Exchange

Example

If you exchange one Folio for another, and there are no securities in common to both folios, the Folio you have will be sold and the new Folio will be bought with the proceeds.

This is the Folio I have This is the Folio I want After the exchange
Old Folio:
Sell $50 of security A.
Sell $50 of security B.
New Folio:
Buy $40 of security C.
Buy $60 of security D.

If you exchange one Folio for another, and there are securities common to both Folios, we will buy or sell only what is necessary to accomplish the exchange.

This is the Folio I have This is the Folio I want After the exchange
Old Folio:
Sell $10 of security A.
Sell $50 of security B.
New Folio:
Buy $60 of security C.