Practice accounts are a great way to get familiar get familiar with the process of trading. However, they do have the following limitations:

• Stock splits, consolidations, reorganizations, name changes and other corporate actions will not be reflected in a practice account. The impact of these actions can be simulated through manual adjustments by buying more or selling part of the position and editing the average cost price.
• Income earned from dividends and interest and interest charges incurred by borrowing on margin will not be reflected in practice account.
• Practice accounts are not reflected on monthly or quarterly statements.
• Trade confirmations, prospectuses, and statements will not be provided for practice account transactions.
• Email notifications for trade status changes (for example, order fill notifications), documents, stock alerts, and transfers are not supported for practice accounts.
• The following account features/services are also not available for practice accounts: transaction history bill payments fund transfers dividend reinvestment pre-authorized contributions automatic investment plans and automatic-funds transfers.
• Practice account balances will always be excluded from all total calculations on the account summary pages.

Please note: After 90 days of inactivity, practice accounts will be automatically closed.