Skip Preview Risk Notice

The protection of one's personal information is the type of thing that every
online trader needs to be able to take for granted. At optionsXpress, we consider
it to be among our most important responsibilities.

This feature allows your account to place trades directly from the order form without a preview, or recap, of the order details. Check the enable box on your trade preferences page and click Save Changes to begin using SpeedTrade.

Skipping the preview screen increases the risk of erroneous trades in your account and you should note the following:

  • The preview screen is the customer's only pre-placement, pre-execution, quality control mechanism on order details. In order to confirm your order details once the trade is placed without a preview you must review the "Order Status" page.
  • optionsXpress does not review your orders for accuracy nor for consistency, and may not prevent you from placing an order that appears erroneous to you. In the event of your mistake on the details of the order you may face risk of loss without the ability to correct your order.
  • Orders placed through optionsXpress are sent directly to the exchange marketplace, and as such, not all orders may be cancelled or withdrawn. Specifically, market orders and marketable limit orders may not be available for cancellation.
  • Please contact optionsXpress immediately if you place an order that you believe is erroneous in order to increase your chances of a favorable outcome. optionsXpress reserve the right to withdraw the skip preview privilege at optionsXpress' sole discretion.
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