What is Thinkorswim owned by?
ThinkorSwim is owned by TD Ameritrade, TD Ameritrade is an American online broker based in Omaha, Nebraska. TD Ameritrade Holding Corporation (NYSE: AMTD) is the owner of TD Ameritrade Inc. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash management services.
Can you trade options on Thinkorswim with a cash account?
The sad part is you cant even trade options on RH with a cash account. The Unofficial Subreddit for ThinkorSwim. ThinkorSwim is owned by TD Ameritrade, TD Ameritrade is an American online broker based in Omaha, Nebraska.
Is there a Thinkorswim sub reddit?
The Unofficial Subreddit for ThinkorSwim. ThinkorSwim is owned by TD Ameritrade, TD Ameritrade is an American online broker based in Omaha, Nebraska.
How long does it take for options to settle?
For options the settlement is one day but stocks and etfs are 2 days. Buying and selling the same day require you to wait an extra day. Just in case that matters. You can do unlimited day trades as long as the cash is settled.
How long does it take for money to settle on thinkorswim?
two daysWhen you buy or sell securities, it takes two days for cash from those trades to settle, or move from the buyer to the seller.
Can I trade with unsettled funds TD Ameritrade?
Margin trading is available across all of our platforms, and qualified clients can trade with unsettled funds in margin IRAs.
Does TD Ameritrade have instant deposits?
Funds may post to your account immediately if before 7 p.m. ET; next business day for all other. You can then trade most securities. For ACH and Express Funding methods, until your deposit clears—which can take 3-4 business days after posting—we restrict withdrawals and trading of some securities based on market risk.
Do margin trades settle instantly?
The settlement period is 2 business days after the trade date for stock transactions and 1 business day after the trade date for option transactions.
How long does it take for deposits to settle TD Ameritrade?
Funds typically post to your account 1-2 days after we receive your check or electronic deposit. Once the funds post, you can trade most securities. Electronic deposits can take another 3-4 business days to clear; checks can take 5-6 business days.
How do I sell stock immediately on TD Ameritrade?
0:002:00How to Sell Stocks in TD Ameritrade - YouTubeYouTubeStart of suggested clipEnd of suggested clipIn this case i am going to choose verizon which symbol is vz click on the symbol of the company youMoreIn this case i am going to choose verizon which symbol is vz click on the symbol of the company you want to sell. After that you will see a red button that says sell click on sell.
What broker allows instant deposit?
Robinhood's instant deposit feature allows basic users to invest up to $1,000 immediately after they request a funds transfer. For those who want higher limits, they can opt for a Robinhood Gold account. Robinhood Gold offers users several tiers of instant deposit limits based on their account balance.
What brokerage gives instant deposits?
Robinhood offers a paid account, Robinhood Gold, which provides higher instant deposit limits, pre- and post-market hours trading windows and the ability to trade options.
Are TD Ameritrade withdrawals instant?
Unlike some deposit options, withdrawal is rarely instant. It usually takes at least 1 business day, but often several business days for your money to arrive. We tested withdrawal at TD Ameritrade and it took us 2 business days, which is considered fairly average.
What is the 3 day rule in stocks?
In short, the 3-day rule dictates that following a substantial drop in a stock's share price — typically high single digits or more in terms of percent change — investors should wait 3 days to buy.
Why do you need 25000 to day trade?
Maintaining the minimum balance requirement of $25,000 can have its perks for a few reasons: It protects you as a new trader. A high number of day traders quit day trading because they lose money.
Can you day trade on TD Ameritrade with less than 25k?
If your account value falls below $25,000, then any pattern day trader activities may constitute a violation. If you trade futures, keep in mind that futures cash or positions do not count towards the $25,000 minimum account value.
Can you trade with unsettled funds?
Can you buy other securities with unsettled funds? While your funds remain unsettled until the completion of the settlement period, you can use the proceeds from a sale immediately to make another purchase in a cash account, as long as the proceeds do not result from a day trade.
Can I buy options with unsettled funds?
You cannot trade options with unsettled funds from your deposit. When you initiate an ACH deposit, it usually takes four business days for the funds to settle.
How do day traders avoid good faith violations?
The best way to avoid good faith violations is to ensure that you are only buying stocks with fully settled funds. Alternatively, be careful if you are selling a stock within two days of buying it, and make sure you had enough funds in the account to fund the initial purchase.
Can you day trade with a cash account on TD Ameritrade?
With a cash account at TD Ameritrade, you can deposit funds with no minimum and begin day trading instantly since PDT rules do not apply to cash accounts. However, you won't be able to trade with unsettled cash. Securities trades take two days to clear, although that may change in the future.
What is a Margin Account?
A margin account permits investors to borrow funds from their brokerage firm to purchase marginable securities on credit and to borrow against marginable securities already in the account. Interest is charged on the borrowed funds for the period of time that the loan is outstanding.
How do I apply for margin?
To apply for margin trading, log in to your account at www.tdameritrade.com, go to Client Services > My Profile and select General. In the Elections & routing section, select Apply next to Margin trading. You will be asked to complete three steps:
How does my margin account work?
Generally, a client pledges the securities in their account as collateral for a loan that they may then use to purchase additional securities. The Federal Reserve Board (FRB) sets margin requirements for various marginable securities. For instance, the current margin requirement for initial purchase of eligible securities is 50% of the purchase amount. This is commonly referred to as the Regulation T (Reg T) requirement. Under Reg T, you must have at least 50% of the value of the trade in your account in either cash or fully paid marginable securities by settlement date of the trade. Although, The Federal Reserve determines which stocks can be used as collateral for margin loans, TD Ameritrade is not obligated to extend margin on all approved stocks.
What is a Special Margin requirement?
Some securities have special maintenance requirements that require you to have a higher percentage of equity in your account in order to hold them on margin. Typically, they are placed on positions held in the account that pose a greater risk. These higher-risk positions may include lower-priced securities, highly concentrated positions, highly volatile securities, leveraged positions and other factors. There are no restrictions from trading securities with special maintenance requirements as long as the requirement can be met.
What are the margin requirements for Mutual Funds?
Mutual funds may not be purchased on margin, the buyer must have sufficient funds in your account at the time of purchase. Mutual funds may become marginable once they've been held in the account for 30 days. As a result, their mutual fund positions may be segregated into marginable and non-marginable holdings.
What is the margin interest charged?
The interest rate charged on a margin account is based on the base rate. Your particular rate will vary based on the base rate and the margin balance during the interest period. You can review the base rate and the balance schedule on the Rates & Fees page.
How do I avoid paying Margin Interest?
If you don't want to pay margin interest on your trades, you must completely pay for the trades prior to settlement. If you need to withdraw funds, make sure the cash is available for withdrawal without a margin loan to avoid interest. You may have to wait for recent trades or newly deposited funds to settle before you withdraw funds.
Shared workspace with all kinds of goodies
Good setup to save some people some time! Customize it how you’d like it! :) 🚀 setup! Opening range breakout, short and long entries and tons of goodies! My gift to Reddit! Cheers tos.mxjS3RCR...
Multiple charts - side scroll together?
Would LOVE to see a feature where I'm able to lock the side scroll on multiple charts whereas they scroll sideways together. This doesn't exist yet, right? Any effort being made to make this possible?
How to zoom into charts correctly
Idk if its just me but TOS charts are so unintuitive compared to Tradingview. When I zoom into a chart I can't figure out what point its using as the zoom point. It feels like it changes with every zoom. Sometimes it zooms to the start of the chart, sometimes the end, sometimes somewhere in the middle.
Buy Stop order with a Stop Loss order
Can you set up a Stop Loss order while you are entering a Buy Stop order? or do you have to wait for your Buy Stop to fill then enter the Stop Loss order?
bad lag on options during mornings?
Not sure when this started but the level2 (depth of market) for many options is just horribly delayed for me from market open until well past 12. I realize options are not as liquid and the bid/ask can travel well outside of the last "market" price but its obvious the delay is there.
web vs desktop
Is there a way I can make my desktop chart/analytics look like the Web version?
How to get charts to default to a specific zoom?
I like to use the hand tool and drag the price axis up and down a lot and this seems to default my charts to whatever I manually move it to, regardless of what I set it to in the settings.
What companies are not included in the ban?
But some previously identified companies, such as Commercial Aircraft Corp of China (COMAC), which is spearheading Chinese efforts to compete with Boeing and Airbus, as well as two companies that had challenged the ban in court, Gowin Semiconductor Corp and Luokung Technology Corp, were not included.
What is margin account?
In a margin account, proceeds from a sale are immediately available to you for additional purchases.
When is Branson's birthday?
This test flight will likely result in FAA approval for passenger flights and precursor to the Richard Branson spaceflight that is likely on his birthday on July 18th.
Is there a hurdle to translating a drug to profits?
There are still many hurdles with translating the drug to profits, as a followup study is pending. Pricing concerns based on drug efficacy raised by the Institute for Clinical and Economic Review (ICER) may also lower the upper limit of profitability.
Who is the president of El Salvador in 2021?
In a video broadcast to Bitcoin 2021, a multiday conference in Miami being billed as the biggest bitcoin event in history, President Nayib Bukele announced El Salvador’s partnership with digital wallet company, Strike, to build the country’s modern financial infrastructure using bitcoin technology.
Do you need margin to day trade?
It's a law, not a broker choice. If you want to day trade, you'll need a margin account and at least 25k in it. You don't have to use the margin if you don't want to.
Who is Biden's Indo-Pacific policy coordinator?
Biden’s Indo-Pacific policy coordinator, Kurt Campbell, said last month that a period of engagement with China had come to an end and that the dominant paradigm in bilateral ties going forward would be one of competition.
