Options Trading Tutorial

Is it safe to send this information to an investment broker?

I'm signing up with optionsxpress.ca to trade in stocks and options and was wondering if it was safe. This is the first time I've done this, and I want to make sure I'm not getting duped or putting myself at risk. They are asking for the following: 1) A deposit check ($1000) 2) A photocopy of my driver's license (front and back) 3) My SIN # (Canadian equivalent of Social Security number?) And all the other typical pieces of information: name, address, phone number, date of birth, etc. I'd be mailing this info by Fedex. Anyone see any problems?

Public Comments

1. You have to give these information in order to open an account for trading in stocks and options at any brokerage firms. You are doing it right also by using FedEx with the tracing capability of the mail.