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First Trade

Looking to make your first trade……take a tour of our trading screen to help you understand how to place that first transaction. This demo will walk you through the steps necessary to place the type of trade you are considering whether it be a market, limit, stop, stop limit or trailing stop order. Simply click on the link for the type of order you are considering and follow the steps to ensure your order is entered properly. Thank you for taking the time to learn some of the features of our system and good luck with all your trading endeavors. All OTCBB and Pink Sheet stocks must be placed as a limit order.
Note: Macromedia Flash is required to view the demonstrations. A broadband connection is also preferred.

NASDAQ Agreement	Your first login requires your to agree to the terms and conditions of the NASDAQ agreement.
Buy Market Order	a buy order at the current market ask price.
Buy Limit Order	a buy order indicating the maximum price per share you are willing to pay.
Sell Market Order	a sell order at the current market bid price.
Sell Limit Order	a sell order to sell at a specific price or higher.
Sell Stop Order	also known as a stop loss order, is an order to sell that automatically becomes a market order, when the current market price drops to or below your designated trigger price.
Sell Stop Limit Order	a stop limit order is a stop order that, once your sell price is triggered, becomes a limit order instead of a market order.
Sell Virtual Trailing Stop Order	A Virtual Trailing Stop Sell Order is a stop order in which your stop loss trigger price moves up in conjunction with the market price.
Note: all order types can be entered as day orders, which are only good for the current trading day, or as GTC or Good Till Cancel. Good Till Cancel orders remain open orders until they are either executed or cancelled by the customer.

*The term Direct Access refers to the client’s ability to determine which Exchange, ECN or Market Maker receives their order. The term does not mean to imply that you can trade without a broker, as any transaction would require a relationship with a registered Broker-Dealer.

The risk of loss in electronic trading can be substantial, you should therefore consider whether such trading is suitable for you based on your individual circumstances and financial resources. Account access, trade execution and system response may be adversely affected by market conditions, quote delays, system performance and other factors. Extended hours trading entails several risks including lower liquidity, higher volatility, wider spreads, changing prices, unlinked markets, news and announcements. Not all securities, products or services are available in all states or countries outside the United States and nothing herein should be deemed as an offer or solicitation of these securities, products and services in any jurisdiction in which Online Brokerage Services is not properly licensed and registered.

Online Brokerage Services, Inc. reserves the right to refuse the transfer of funds from a brokerage account to another account, other than that which was used as the brokerage account's original source of funding. Online Brokerage Services, Inc. will not allow for third-party funding. Funds are subject to a minimum holding period of thirty (30) days upon initial funding of account.