Anyone use TD Ameritrade?

[loackerc]

I uploaded the documents without penned signatures. Called in to support to ask how to reupload -> they tell me actually my documents are okay and they dont need me to pen sign in ink and scan. If more info is needed, their accounts dept will contact me.

Shall wait and see though..cross fingers

Sent from Vormir using GAGT

Thanks, I'll leave it then. I tried calling in earlier to check but the estimated waiting time told by the system was 2.5 hours, hung up in the end.

From my exp,

1. Acct opening is slow but best to call in at 9am. Abt 10-30 mins can get CSO. Dun press 1 or 4, try 2 or 3 and ask to transfer or sometime they can do as well.

2. Deposit of funds for me from dbs to td took 2 business days, fri and mon

3. Fx rate for me was not bad, 1.33x or 0.754x.

undefined HardwareZone Forums app

Doesn't calling in not expedite the process? everyone here seems to wait 2~3 months

 

[idiot444]

I uploaded the documents without penned signatures. Called in to support to ask how to reupload -> they tell me actually my documents are okay and they dont need me to pen sign in ink and scan. If more info is needed, their accounts dept will contact me.

Shall wait and see though..cross fingers

Sent from Vormir using GAGT

If there's outstanding not done, you can wait until the cow comes home. Try calling back in 2 weeks' time to check again. Their application is overwhelming and indeed 2 months is the benchmark for the account readiness.

 

[zekrom007]

I just called. They told me they changed their policy just that it is not reflected in website. The signature is no necessary apparently.

Sent from Vormir using GAGT

 

[zekrom007]

Trading is a very personal thing. Not trying to sound selfish. But it will be best to trade by yourself first

Can join facebook groups for us stocks. Tons of them

Sent from Vormir using GAGT

 

[shadow84]

Thanks, I'll leave it then. I tried calling in earlier to check but the estimated waiting time told by the system was 2.5 hours, hung up in the end.



Doesn't calling in not expedite the process? everyone here seems to wait 2~3 months

Not sure abt the rest but for me, while i did created my TD acct last yr, i left it hanging till Dec 2020 in which i restarted the opening of acct. I provided the necessary docs via their email since Apr 2020 but no follow ups. Then i called me and they mentioned to resubmit all docs again coz it was more than 6 mths old. Did that the next day and 3-4 days later, i received email that acct was approved on top of asking for my payslip/bills to further verify on change of address.

 

[shadow84]

I heard tos quite lagging to be frank.
The platform not easy to toggle.

Overall lag or specific functions lag? So far all okay for me, no lags

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[888888888888]

Not referring to TD solely, if you've done any trading or investing using USD over past few years, it would have been conversion loss of several thousands. you'll need to profit and continue to max that, unless you've hedged exactly all the way.
consoling post but doesnt change for those holding USD but also couldn't convert straightaway.

Anyway traders shd not waste time worry about money exchange and transfer. once committed ...keep all money in USD and burn all your bridges with sdgdollar. you either make your million or die trying. Retreat is not an option. if u start planning retreat before the battle begins...u already lost..forget about trading.
My advice to novice is start with IB to build usd . commission $2 is nothing.
when u trade in thousands a day ...switch to TD for free commission.

 

[mrmmme]

Anyone has tried withdrawing from TDA to DBS Multiplier acc? Is the withdrawal in USD by default into that acc or will they convert to SGD for u?

 

[loackerc]

Saw this update on ig, anyone used poems before? How is it compared to TDA?

Edit: ok, doesn’t seem so exciting after reading tnc:
US Zero Commission promotion is applicable for all Cash Plus Accounts, limited to the first 3 eligible trades per day, excluding Exchange Fees and GST; where applicable.
The promotion is applicable for BUY trades executed ONLINE through POEMS suite of platforms in the US Markets, with contract gross value not more than USD 2,000 from 1 February 2021 to 30 April 2021.

 

[zekrom007]

Why are there two account types and which one are yall using? (ira account vs margin)

Sent from Vormir using GAGT

 

[bigrooster]

Why are there two account types and which one are yall using? (ira account vs margin)

Sent from Vormir using GAGT

IRA (individual retirement account) is only applicable for U.S. person. For the rest of us is use Margin account.

 

[OnePunchMan]

Not referring to TD solely, if you've done any trading or investing using USD over past few years, it would have been conversion loss of several thousands. you'll need to profit and continue to max that, unless you've hedged exactly all the way.
consoling post but doesnt change for those holding USD but also couldn't convert straightaway.

what you talking about? when trading in different currency you need to set your base currency, fx risk is always there. There is nothing stopping the fx to rise or fall 5-10% the day after you converted

 

[CCPie]

Still worth opening this acc? Just received more documents to fill after waiting 3 months...

 

[ET1111]

I was a ibkr user, switched to td recently. The depositing of funds for ibkr takes about an hour, sometimes even less. TD, i transferred last Thursday(cny eve) morning, only got it yesterday, Tuesday late night. Not sure if it is the cny that cause the delay. I haven’t tried wirhdrawing, wonder if for these brokerage, it will be as fast to withdraw as their deposit?

Posted from PCWX using iPhone13,4

 

[bigrooster]

Still worth opening this acc? Just received more documents to fill after waiting 3 months...

TD contacted you 3 months after your application and asked for more documents? What did they ask for? Gosh, I'd better contact them to check if anything is missing and not 痴痴地等 ...

 

[bigrooster]

From what I gathered from this thread's recent posts, it seems that the time needed for TD account opening is at least 3 months? Anyone couldn't wait and opened account with another brokerage? I'm looking at Firstrade as an alternative ... anyone use them and how is it? Thanks.

 

[ET1111]

Hi,

How do I get live data on thinkorswim?

 

[_dXter]

Hi,

How do I get live data on thinkorswim?

Please search their faqs
https://www.tdameritrade.com.sg/faqs.html
After you deposited, chat with their support in the app to activate live data

"
What is the minimum deposit required to open an account?

There is no minimum amount to open an account. We recommend people start with at least USD$3,500. If you do fund with at least USD$3,500, we will rebate your wire fee up to USD$100. You need USD$25,000 to actively day trade, USD$5,000 to sell options naked, and USD$2,000 to have margin capability in your account. At a minimum, you need at least USD$500 to receive live real time data."

 

[shadow84]

No need to livechat with them, will auto be realtime data once deposited into TD acct

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[CCPie]

TD contacted you 3 months after your application and asked for more documents? What did they ask for? Gosh, I'd better contact them to check if anything is missing and not 痴痴地等 ...

Got some enhanced due diligence form, about source of money etc...