Anyone use TD Ameritrade?

[Maserati]

Hi. does anyoneknow if i can use DBS remit to fund my account? i have a sum of USD in DBS multicurrency account and they provide free remit. the CS at TDA doesnt seem to be helpful in clarifiying my question. or can someone advise how i can transfer my USD in DBS over? TIA

Yes possible
My last transfer in USD was in end of 2020

 

[oceanstar]

Yes possible
My last transfer in USD was in end of 2020

THANK YOU!! so i just DBS remit my USD to their Wells Fargo Bank right.. very scare my money dont go through . cos the CS keep replying wire transfer and the FAQ. might as well get a robot to reply

 

[Maserati]

You can try with a small sum first if you are not in a hurry to fund your purchase.
I think it takes 2 -3days

 

[commie_rick]

Probably too late, but you could have withdrawn your USD to a DBS MyAccount or other multi-currency account and transferred to somewhere else for conversion back to SGD.

is there a maintenance fee or minimum balance for DBS multi currency acc ?

 

[CrashWire]

is there a maintenance fee or minimum balance for DBS multi currency acc ?

What does the website say?

 

[blackie83]

Now very hard to open as margin account? last time just select can already.

 

[Oppa380]

Now very hard to open as margin account? last time just select can already.

Normal lor
It took me 1 to 2 days and was before merger with Charles Schwab
Plenty of stuff to upload
After merger, not sure

 

[blackie83]

I mean for opening as margin account. Now they ask to call in no matter what your selection is. Maybe have to cash account first later than can change to margin.

 

[Oppa380]

I mean for opening as margin account. Now they ask to call in no matter what your selection is. Maybe have to cash account first later than can change to margin.

Strange
My opening
They don’t need me to call in
All self service and emails only

 

[ForbiddenB]

Probably too late, but you could have withdrawn your USD to a DBS MyAccount or other multi-currency account and transferred to somewhere else for conversion back to SGD.

Withdrawing USD to DBS multi currency account will only impose the USD25 withdrawal fee and $10 telegraphic charge yea? Been looking at ways to withdraw my USD fund in TDA.

 

[BlueBirdy]

Any alternatives brokers to use given that td is going to charge 50/ month for retail investors?

 

[narutos]

Any alternatives brokers to use given that td is going to charge 50/ month for retail investors?

Probably firstrade, ibkr, fsm for US stocks

 

[szeli]

Any alternatives brokers to use given that td is going to charge 50/ month for retail investors?

can you share a source for this?

 

[wira]

Any alternatives brokers to use given that td is going to charge 50/ month for retail investors?

oh when will they impose this ?
am not aware of this and they didnt send notification either ?

 

[wira]

can you share a source for this?

just saw this

https://www.tdameritrade.com.sg/retail-clients.html

seems they focussing on AI investors only now . they didnt even bother to email us to inform us on this ah.

 

[szeli]

just saw this

https://www.tdameritrade.com.sg/retail-clients.html

seems they focussing on AI investors only now . they didnt even bother to email us to inform us on this ah.

thanks for this

 

[0218crawford]

looks like got to declare AI if really wanna continue TOS. otherwise back to tiger brokers liaoz.

 

[dmleaf]

Rather shocked too when my friend send me the news, how can customers not being informed when the deadline is so close...

Any alternative platform to switch the funds to?

 

[ctstalin]

Wah I won't even know about it until I stumble upon this thread

 

[wira]

Rather shocked too when my friend send me the news, how can customers not being informed when the deadline is so close...

Any alternative platform to switch the funds to?

yes quite disappointed with their customer service. Guess they wont even want waste their time on small retail investors to bother to inform them of this.