Agoracom Blog

AGORACOM SURVEY: 83% Of AGORACOM Visitors Trade Via Online Broker

Posted by AGORACOM at 3:24 AM on Tuesday, March 4th, 2008

As you can tell from many of posts, I’m a data fanatic. Given the fact we (AGORACOM) conduct 95% of our activities online, it only makes sense to take advantage of our digital nature and track everything.

To this end, we ran a simple 3-question survey on our site last week and had 622 people respond in less than 24 hours. Thanks to all that responded. You can view the full survey here but here are some of the highlights:

  • 46.9% have been investing in stocks for more than 10 years;
  • 83.4% trade through an online trading account (1.3% don’t trade stocks)
  • 53% have a portfolio valued at > $100,000 (do you hear that 1.3%?)

622 people in less than 24 hours. Now I’m hooked. Look for more surveys in the future.

p.s. For our members heavily invested in the resource space, we are currently running an onsite survey at the PDAC. I’ll post the results sometime next week.

Regards,
George

3 Responses to “AGORACOM SURVEY: 83% Of AGORACOM Visitors Trade Via Online Broker”

  1. AGORACOM says:

    Hi, Ray and thanks for the post. There would be a little value in asking the question (maybe more curiosity) but for your purposes I think it would be more valuable to actually review official rankings of the online brokers. For example:

    In Canada
    https://secure.globeadvisor.com/servlet/ArticleNews/story/gam/20071006/STMAIN06

    In the USA:
    http://www.smartmoney.com/brokers/index.cfm?story=august2007

    If you want to see more, check out my search results for “online broker rankings” here:
    http://www.google.ca/search?source=ig&hl=en&rlz=&q=online+broker+rankings&btnG=Google+Search&meta=

    Does this help?

    Regards,
    George

  2. Ray Broccoli (overthehill) says:

    Hi George. That is a very good return on your survey. On the subject of On Line Brokerage, Do you think there would be some value is asking the members which on line companies they used? Sorry that I missed the questionnaire but I’m now looking for a reasonably priced company myself so I have a vested interest in the results, thereby the request.

    thx, Ray

  3. [...] admin wrote an interesting post today onHere’s a quick excerpt46.9% have been investing in stocks for more than 10 years;; 83.4% trade through an online trading account (1.3% don’t trade stocks); 53% have a portfolio valued at > $100000 (do you hear that 1.3%?) 622 people in less than 24 hours. … [...]