Anyone use TD Ameritrade?

[George Soros]

I suggest that you google “ Pattern Day Trader Rule “ for more details .

In simplistic terms, if your account has less than USD 25K, you are limited to 3 Trades every 5 Trading Days.

Is for trade future or stock?
Recently I check my acc type, it show margin acc, and i check my trade confirmation, it show i bought the stock under margin acc?
So would like to know, if bought stock once.minus off my cash, it should be consider done right?

 

[OnePunchMan]

Finally got my funds in after I transferred on Fri... But I got this msg to say that my remaining day trades left is 3. Any idea what this means?

Sent from HUAWEI YAL-L21 using GAGT

if you buy and sell the same ticker in the same day and have less than us$25k total networth in the account that number will limit your purchases.

if you always buy and hold, ignore it

 

[OnePunchMan]

Is for trade future or stock?
Recently I check my acc type, it show margin acc, and i check my trade confirmation, it show i bought the stock under margin acc?
So would like to know, if bought stock once.minus off my cash, it should be consider done right?

as long as you have cash they shouldnt touch your margin.

 

[mimicoco77]

I have spoken to a us guy to feedback that the response Super slow in SG.. hopefully, they can iron out the issue soon as hotline Super hot... called 3 times but waited more than 1/2 hrs... my account was open from TOS times that was not even taken over by TDA at that times...has been 12 years ago.. so far so good.. their platform is super powerful. Try to use the education tool, can learn lot of stuff..

Posted with HardwareZone Forums app

 

[Converged]

Anyone knows how to transfer stocks from another broker into TD Ameritrade?

Posted from PCWX using 999

 

[occifer]

Anyone knows how to transfer stocks from another broker into TD Ameritrade?

Posted from PCWX using 999

It costs quite abit imo.
Do check, i am not sure.

If the stock isnt volatile, why not juz buy and sell at around the same time in the 2 brokerages.
Transaction costs should be low in tos case, free.

Sent from me using GAGT

 

[Converged]

It costs quite abit imo.
Do check, i am not sure.

If the stock isnt volatile, why not juz buy and sell at around the same time in the 2 brokerages.
Transaction costs should be low in tos case, free.

Sent from me using GAGT

I see.. thanks! How long does it take to wire the $ from bank to tos?



Posted from PCWX using 999

 

[absoluthk]

Finally got my funds in after I transferred on Fri... But I got this msg to say that my remaining day trades left is 3. Any idea what this means?

Sent from HUAWEI YAL-L21 using GAGT

their youtube explained how they count PDT

 

[absoluthk]

Anyone knows how to transfer stocks from another broker into TD Ameritrade?

Posted from PCWX using 999

Search for ACAT on their website. USD 75.

if the other broker not charging you for custodial fees, no point

 

[absoluthk]

I am considering opening IBKR to get around PDT

any other users comment on IBKR side?
* account maintenance fee
* data fees
* TWS Workstation is more confusing than TOS
* IB no service vs TD little service

 

[Converged]

Search for ACAT on their website. USD 75.

if the other broker not charging you for custodial fees, no point

75 dollars to receive incoming positions? Wow.. thanks for the info

Posted from PCWX using 999

 

[Knightoftheblackrose]

The PDT rule is a rule imposed by FINRA.

https://www.finra.org/investors/lea...ng/day-trading-margin-requirements-know-rules

It does not apply only to TD Ameritrade.

I am considering opening IBKR to get around PDT

any other users comment on IBKR side?
* account maintenance fee
* data fees
* TWS Workstation is more confusing than TOS
* IB no service vs TD little service

 

[occifer]

I see.. thanks! How long does it take to wire the $ from bank to tos?



Posted from PCWX using 999

1-2 days only in my experience.

Sent from me using GAGT

 

[OnePunchMan]

I am considering opening IBKR to get around PDT

any other users comment on IBKR side?
* account maintenance fee
* data fees
* TWS Workstation is more confusing than TOS
* IB no service vs TD little service

huh? how does that get around PDT

 

[AAAbattery]

The PDT rule is a rule imposed by FINRA.

https://www.finra.org/investors/lea...ng/day-trading-margin-requirements-know-rules

It does not apply only to TD Ameritrade.

Does the 25k equity include the stocks you have on hand or cash balance? Does anyone know. Is there like average holding calculations etc?

 

[OnePunchMan]

Does the 25k equity include the stocks you have on hand or cash balance? Does anyone know. Is there like average holding calculations etc?

it includes your current stock holding

 

[JinSwag]

hi, I just open td account. I see my account with delay price, how can I get live price? I want to trade option so its important for me to have live pricea

 

[_dXter]

Fund the account with minimum USD$3K to get live data?

 

[JinSwag]

Fund the account with minimum USD$3K to get live data?

Thanks for the advise, do you have any link which for reference? I cant seem to find the information. Sorry, I'm new to trading.

I tried saxo and the contract fees are too high, in addition need pay for live data...hence I am exploring TD

 

[Barracudaz]

hi, I just open td account. I see my account with delay price, how can I get live price? I want to trade option so its important for me to have live pricea

If I remember correctly, it's 500usd to get live data