Questions tagged [online-brokerage]
The online-brokerage tag has no usage guidance.
102
questions
28
votes
5
answers
38k
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Buying an US ETF from Europe using Interactive Brokers
I am trying to buy an ETF using my account in Interactive Brokers. I am surprised to see that it is not possible. I am living in Europe and trying to buy an ETF in US dollars.
Their response to ...
17
votes
5
answers
8k
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Is my investment safe if the broker/bank I'm using goes into insolvency?
I'm using Scalable Capital as my broker. Once I buy ETFs through them, if Scalable Capital (or the bank they are partnered with) goes into insolvency, is my investment safe? I'm wondering if I should ...
12
votes
8
answers
30k
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Exercising an option without paying for the underlying
As a follow up to my other question, I would like to know whether the following is possible:
I have $20,000 in my brokerage account
The price of a call option with $300 strike price is $5.00 (1 ...
11
votes
3
answers
26k
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What do "unsettled funds" mean?
I sold my ETFs today in a non-margin account in an online trading platform.
99.99% of my account currently consists of unsettled funds. What does it mean that they are "unsettled funds"? Does it mean ...
11
votes
3
answers
1k
views
Is my cash safe with Robinhood banking?
Just today Robinhood released its own banking with 3% annual yield. The money will be SIPC insured. While I understand that SIPC wont cover my investments losing their value, however the cash in the ...
9
votes
3
answers
363
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How does Schwab compare to the more modern online brokers like E*Trade?
I started using Schwab because a girl I was dating at the time used them. That was 15 years ago, and I've never thought much about it. I'm highly illiterate (financially) and have mostly left my $50,...
7
votes
3
answers
4k
views
How can I verify that a broker I found online is legitimate?
Are online stock trading sites like Scottrade and ShareBuilder safe?
Or, are they scam sites?
6
votes
4
answers
27k
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How does Robinhood stock broker make money?
I recently downloaded the Robinhood app that states it charges $0 commission for its trades. If so how do they stay in business by doing this? Is there something they are leaving out?
6
votes
4
answers
537
views
How to invest with broker that will still be around in 40 years?
I am fairly young (late twenties), but would like in invest in an index fund or ETF. I will be investing around 700 Euros per month and plan to do so for the next 40 years or so.
What happens if I ...
5
votes
3
answers
7k
views
Possible to purchase multiple securities on 1 transaction?
I'm curious, can I purchase multiple securities from my online broker (TD Ameritrade) in 1 transaction? i.e. Purchase ABC and XYZ at same time, but only pay the transaction fee ($9) once.
5
votes
2
answers
1k
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How to check I own a stock not involving a broker
I want to check whether stocks I bought with my online broker are really mine. Obviously I can use my broker's desktop application, web-site, or go to their office and ask.
The question is: "Is ...
5
votes
1
answer
3k
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Is avoiding fees commonly found with CFD trading possible?
I'd like to push my trading experience a bit.
I've been looking into opening an account with a broker that offers automated trading (I'm a programmer and would like to use my own trading algorithms). ...
5
votes
2
answers
7k
views
If NYSE has market makers, what is the role of NYSE ARCA which is an ECN
When I submit a trade order through online brokerage, I see that the order goes to NYSE ARCA. Now NYSE ARCA is an ECN that will carry out the trade on NYSE, but I was of the impression that NYSE ...
5
votes
3
answers
2k
views
Scottrade cash interest?
I'm looking into opening a Scottrade account in the future, and was wondering if they pay interest on cash in your brokerage account? Are the rates published anywhere?
5
votes
1
answer
788
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What are the tax filing implications of ACATS brokerage transfer?
I just did a position transfer of my investment brokerage account. Since this is a mid year transfer, I want to understand the tax filing implications.
When I file taxes for this year, would I need ...
5
votes
1
answer
1k
views
Online stock brokers for LSE or TWSE?
Which online stock brokers allow trading on the London or Taiwan Stock Exchanges?
4
votes
2
answers
447
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Advice for a beginner investor interested in trading stocks and derivatives online?
I wanted to start an E-Trade account more or less just to fool around with. The goal is always to make money obviously, but at first I just kind of want to experiment and get familiar with the ...
4
votes
2
answers
8k
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Where do online stock brokers get their real-time data from?
I've been playing around with some stock broker simulators lately which inspired me to start a small project for fun for myself. It's a small website I'm going to program where I use real-time stock ...
4
votes
2
answers
777
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Option Trading / Demo Account
I'm a total newbie to trading. At present, my experience consists of trading a few stocks/funds directly with my local bank.
I recently downloaded a Demo Account trading app and created a demo ...
4
votes
3
answers
1k
views
Are there statistics showing percentage of online brokerage customers that are actually making a profit trading forex/futures/options?
This question concerns the online brokerages that allow a person to open an account to trade in forex, futures, or options.
Here in USA, is there available statistics to show the percentage of ...
4
votes
2
answers
704
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U.S. sanctions against citizens from countries under U.S. sanctions [closed]
Preface: It is a known fact that because of Russia taking over Crimea, Iran with their nuclear program and North Korea with their crazy missile plans, the United States Government has placed several ...
4
votes
2
answers
224
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How to "validate" online stock trading platforms?
I don't consider myself an investor, mainly as I don't have sufficient disposable income to invest. However over the years I've accumulated a number of share certificates for various public companies....
4
votes
1
answer
57
views
Is there's a regulator or redressal mechanism for Broker Firms
I have account with zerodha. I have made a huge loss of 80000 rupees because of zerodha's system failure.
I have raised this with Zerodha, they are neither replying nor do I see any effort to ...
4
votes
1
answer
263
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How much should I save up per trade?
I have about 62 shares of Home Depot stock that my grandparents slowly bought for me over the years (thanks grandparents!), and I want to start building up a more diverse portfolio. Specifically, I ...
3
votes
3
answers
1k
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First time investor and online brokerage accounts
I have some extra money which I would like to start investing. I am a first time investor so I know very little about personal investing. I have about 1000 dollars to invest. I want to use an online ...
3
votes
3
answers
32k
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Are 'per trade' fees charged on every order or just once per stock?
As someone relatively new to stocks, I understand that stock brokers charge commissions: usually either per share or per trade.
In general, are commissions taken every time you place any order (...
3
votes
2
answers
698
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How do I properly pull my funds from one account and invest in another when I do not have a broker?
This is a follow-up to my previous question:
My investment account is increasingly and significantly underperforming vs. the S&P 500. What should I do?
Much of the advice I received pertained to ...
3
votes
1
answer
185
views
How do I pick the right company for investing services?
I am looking to move forward with my life and get my finances on track/be financially responsible. Part of that plan has me wanting to start looking at investing and other means to help grow my ...
3
votes
1
answer
822
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Selling Covered Calls, will online broker sell shares automatically?
Let's say I own a share of a company at $100, and I sell a call option for this company for $5 with a 6 month expiration, and a strike price of $110 (all arbitrary numbers). If the share price rises ...
3
votes
3
answers
315
views
Being resident (and paying taxes) in Italy, can I absolutely freely choose any online trading platform?
I would like to begin trading online but, as a total beginner, I have the most stupid doubts.
Given the huge amount of brokerage platforms accessible online, I don't know how to figure out how to ...
3
votes
2
answers
498
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Is there any risk in keeping lots of assets with one broker? [duplicate]
I'm in the USA. Currently, the bulk of my net worth is in accounts with TD Ameritrade. Right now, that's only about $30,000, but I plan to keep contributing; hopefully in a few decades, I'll have a ...
3
votes
1
answer
176
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How much do brokerages pay exchanges per trade?
When an online broker executes a trade on for example the NYSE how much do they pay to have the trade executed on the NYSE?
3
votes
2
answers
139
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Overspending on an IRA issues
I have an IRA with a discount online brokerage company and somehow they let me overspend on my account. I bought something and I ended up paying more because the transaction went through the day after....
3
votes
0
answers
140
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Why online brokerages sometimes allow free ETF buying [duplicate]
ETFs trade just like stocks, so I wonder how come questrade lets customers trade ETFs for free whereas they charge commission on stock trading? Any guesses? Furthermore, only buying is free but ...
2
votes
5
answers
360
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Are there any recognized retirement plans / IRA accounts that also allow me to trade in stocks/options
The company that I work for was recently acquired by a much larger company. One consequence of this is that my company decided to discontinue their 401k plan and move us all to the larger company's ...
2
votes
1
answer
318
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Why didn't a margin call prevent me from losing more than my initial investment when buying on margin?
I entered a trade with 10 USD and a leverage of 1:100. There was a margin call, and the position was automatically closed. I would like to know how I lost 30 USD when I entered a trade with only 10 ...
2
votes
2
answers
200
views
How to pick online broker
I'm looking for the way to pick online broker. I suppose to buy ETFs and rarely some other securities. There are a lot of online brokers ratings. Mostly it consist of 5-7 same items like TD Ameritrade,...
2
votes
3
answers
592
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Online brokers with a minimum stock purchase lower than $500
Right now I am considering starting investing in stocks on my own and using the Commonwealth Bank Comsec to do it.
What's stopping me is not the $20 brokerage to buy, and then another $20 to sell. ...
2
votes
3
answers
394
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Using Euros to buy and sell NASDAQ stocks [closed]
I'm looking for the best way to buy and sell stock on the NASDAQ using Euros from Spain. I currently use Charles Schwab to trade in US dollars, but I'm not aware if any similar companies exist in ...
2
votes
2
answers
107
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How do trading platform like TD-AmeriTrade or Fidelity work?
When an individual places a trade on an online brokerage, is it against their order book or is it against the order books of exchanges like NYSE?
Do brokerages warehouse some risk when making markets? ...
2
votes
1
answer
6k
views
Does Robinhood calculate fees and taxes over the total gain/loss or per-transaction?
Suppose a person is using Robinhood app for stock trading. He puts $10000. His current portfolio value is $9500 meaning he has suffered an overall loss of $500. He did stock trading say 50 times out ...
2
votes
1
answer
212
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How can I verify that a futures broker is legitimate?
To verify that a stock brokerage firm is legitimate and not a scam, I can use FINRA's BrokerCheck. Some stock brokers helpfully provide a link to BrokerCheck in the fine print at the bottom of web ...
2
votes
1
answer
133
views
Can There Be Partial Trade Fill Percentage?
I am a 20 year old investor, so far my trading account is quite small (~10k) so I haven't made many large trades, most have been worth a couple thousand dollars.
I noticed in my broker (TD Web ...
2
votes
1
answer
163
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How does TD Easy Trade make money with commission-free trading (Canada)?
How does TD Easy Trade make money with commission-free trading? Is it solely through USD currency exchange fees like Wealthsimple? Is TD using the platform as a loss leader for their Direct Investing ...
2
votes
1
answer
2k
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How does this "cont callable," "make whole calls" bond work?
I was looking at this bond on TD Ameritrade:
This is a callable bond, so I'm wondering how that works, exactly.
TD Ameritrade says that this bond is "cont callable," which I assume is an ...
2
votes
1
answer
106
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How do I protect myself against a futures broker's collapse?
I noticed that SIPC does not cover futures. Accounts at futures brokers are not protected by SIPC. If I am worried about the possibility of a futures broker's collapse, what should I do? Do I need to ...
1
vote
1
answer
4k
views
Can we buy and sell stocks without worrying about settlement period
When I buy stocks in my brokerage account(non-margin), I heard that there is a settlement period of 2 -3 biz days after which the clearing house will deposit the stocks to my account. Same thing for ...
1
vote
1
answer
85
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Is it possible to invest on stocks/cryptos with having no Social Security Number in US?
I am on F-2(student dependent) visa in the US. I want to know if it is possible to have a brokerage account and invest online on stocks or cryptos?
I do not have SSN nor ITIN and some brokerage like ...
1
vote
2
answers
266
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How to choose an Online Investment Platform?
TL;DR: Although I know all the things I want out of an online investment platform, I have no idea how to find which platform best offers those things.
I have spent some time organising and planning ...
1
vote
2
answers
16k
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Can I buy the same stock on two different platforms?
If I'm holding with one brokerage and I want to open an account with another and buy more of the same stock I'm already holding, is that lawful or illegal?