Products & Services

Order Routing
SEC Exchange Act
Rule 11Ac1-6

Products & Services — Trading

Login Now

If you have a NetExchange Account Login Now (Users with ID and Password only. This will bring you to NetExchange Client. From here, click on the “Login” button which is located in the top right in the grey menu bar. From there, fill out the form. The financial institution number is "6BB".)

How to Trade Online

Trading Online with Investors Capital requires a Pershing Account

Open Pershing Account PDF Application for a opening a Pershing Account.

Adobe Acrobat Reader is required to view PDF files.

After you have printed and filled out the PDF forms sign the applications and forward them to:
Investors Capital
230 Broadway
Lynnfield, MA 01940

Enclose a check made payable to PERSHING.
A minimum of $2000.00 is required to fund a Trading Account.

Once the application is received we will assign an account number, I.D. and password along with instructions for activating your Trading Account.

FED Fund Wires

After you have set up an Online Trading Account Fed Fund wires are accepted and can be sent to:
The Bank of New York
New York, NY
ABA# 021000018
Pershing LLC
Account Number: 890-051238-5

For Benefit of (FBO): Client Name
FBO Account Number: Client Account Number (i.e. 6BB123456)

FED Fund wires require a Customer Account Number which is assigned when you open an Account.

If you have any questions regarding opening a trading Account please call: 800-949-1422

Extended Hours Trading Risk Disclosure Statement

You should consider the following points before engaging in extended hours trading. “Extended hours trading” means trading outside of “regular trading hours.” “Regular trading hours” generally means the time between 9:30 AM and 4:00 PM (ET).

Risk of Lower Liquidity. Liquidity refers to the ability of market participants to buy and sell securities. Generally, the more orders that are available in a market, the greater the liquidity. Liquidity is important because with greater liquidity it is easier for investors to buy or sell securities, and as a result, investors are more likely to pay or receive a competitive price for securities purchased or sold. There may be lower liquidity in extended hours trading as compared to regular trading hours. As a result, your order may only be partially executed, or not at all.

Risk of Higher Volatility. Volatility refers to the changes in price that securities undergo when trading. Generally, the higher the volatility of a security, the greater its price swings. There may be greater volatility in extended hours trading than in regular trading hours. As a result, your order may only be partially executed, or not at all, or you may receive an inferior price when engaging in extended hours trading than you would during regular trading hours.

Risk of Changing Prices. The prices of securities traded in extended hours trading may not reflect the prices at the end of regular trading hours, or upon the opening the next morning. As a result, you may receive an inferior price when engaging in extended hours trading than you would during regular trading hours.

Risk of Unlinked Markets. Depending on the extended hours trading system or the time of day, the prices displayed on a particular extended hours trading system may not reflect the prices in other concurrently operating extended hours trading systems dealing in the same securities. Accordingly, you may receive an inferior price in one extended hours trading system than you would in another extended hours trading system.

Risk of News Announcements. Normally, issuers make news announcements that may affect the price of their securities after regular trading hours. Similarly, important financial information is frequently announced outside of regular trading hours. In extended hours trading, these announcements may occur during trading, and if combined with lower liquidity and higher volatility, may cause an exaggerated and unsustainable effect on the price of a security.

Risk of Wider Spreads. The spread refers to the difference in price between what you can buy a security for and what you can sell it for. Lower liquidity and higher volatility in extended hours trading may result in wider than normal spreads for a particular security.