Understanding Brokerage Documents: A Comprehensive Guide.
Join us for an in-depth educational video that demystifies the Brokerage Documents Module!
Whether you're a new or experienced investor, this video will walk you through everything you need to know about managing your brokerage documents. Learn how to access essential documents such as trade confirmations, monthly statements, and tax documents. We provide clear explanations and practical tips to help you stay on top of your investment records.
Don't miss this valuable resource to enhance your financial literacy and streamline your document management!
Want some step by step instructions?
Trade Confirmations
Step 1: Navigate to the trade confirmations tab. This is where daily trade confirmations for the Bits of Stock account are located.
Step 2: To view a specific day's trade confirmations, click on the download option located next to the desired trade confirmation.
This action initiates a download in your browser. Open the downloaded document to view the trades made that day. If there are multiple trades in a day, they'll appear as separate lines in the document. The document also provides details such as whether it was a buy or sell trade, the settlement date, and the trade date, among other useful information.
Monthly Statements
Step 3: Proceed to the monthly statements tab. Here, find the monthly statements generated for the Bits of Stock account.
Step 4: Click on the download option to download a statement.
After the download completes, open the confirmation to access the monthly statement document. This document provides an overview of the end-of-month positions, trade activities, cash and securities summary, end-of-month portfolio, and the entire trade activity for the past month, including the beginning and ending balance.
Note that stock reward redemptions appear under non-trade activities.
Tax Documents
Step 5: Lastly, find tax documents under the tax documents tab.
During tax season, access tax documentation and instructions on how to use them here. Download them by clicking on the download option.
If any document is lost or inaccessible, reach out to us at bitsofstock.com/knowledge-center. Now, it's time to reap the benefits of the stock reward program!
