A: You only need to deposit $3,500 to open a Thinkorswim forex account.

This wasn’t the case in the past, but it all changed when TD Ameritrade took over. Still didn’t find what you need? Currently at this moment I am trying out TD’s Thinkorswim aka US Trading Platform and IB (Interactive Brokers). This rule applies across the board for all Thinkorswim accounts, regardless of the type.

In fact, from a distance, the two can easily pass for Siamese twins. Meanwhile, TD Ameritrade bested Interactive Brokers in our Best for Beginners, Best Stock Trading Apps, and Best for ETF Research rankings., Overall, Interactive Brokers is our top pick for day trading, while TD Ameritrade is our top choice for beginners..

$1 per trade is the minimum. There's a range of immersive courses aimed at beginners that covers basic investing and trading ideas, plus a few advanced topics. So, it’s safe to say that this is an all-inclusive platform that provides you with a wide array of options and lots of helpful, educational materials.


will have a permanent address in canada. Interactive Brokers and TD Ameritrade clients have access to real-time buying power and margin information, plus real-time unrealized and realized gains and losses.

Both Interactive Brokers and TD Ameritrade generate interest income from the difference between what you're paid on your idle cash and what they earn on customer balances.

Many of the online brokers we evaluated provided us with in-person demonstrations of its platforms at our offices. Less than that amount means very high commissions at the bank brokerages.
It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Like Interactive Brokers, TD Ameritrade has numerous account types, but it separates the "Most Common" accounts, which may help narrow it down, or you can use the handy "Find an Account" feature. They have cost me over $30k in the past 4 trading days and wouldn't even rebate me $200 in comissions for their fuck ups. 2 years ago. There is one additional step to trade currencies, which is to scroll down to your account summary and click the button which allows you to add an FX account. i know other countries require residence before one can be opened?

You can log into any app using biometric (face or fingerprint) recognition, and both brokers protect against account losses due to unauthorized or fraudulent activity. Does that change whether or not I should look at a small brokerage (IB/Questrade) vs. a bank?

Trading instruments, or securities, are the various market types you can trade. Life Long Learning Plan Withdrawal – $100, $29 if less than 10 trades per month or balance is less than $50,000, $9.95 if than 10 trades per month or more than $50,000, RRSP – $100 if balance is less than $15,000, RESP – $50 unless you have $25,000 in all your accounts.

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