Questions tagged [brokerage]
For questions about brokerage firms, opening a brokerage account, etc. Questions asking for specific service recommendations are off-topic.
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Brokerage account vs Roth IRA
In a Roth IRA I can purchase up to $6500 dollars of funds per year. What would the difference be if I had a brokerage account and purchased the same funds? With a brokerage account I wouldn't have the ...
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Do CFD brokers ban profitable clients from trading on their platform, since these clients make them lose money?
Many CFD brokers make money from trading against their clients and profitable clients make them lose money. This is similar to how casinos operate. Casinos ban profitable customers. Do CFD brokers do ...
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Vanguard legacy mutual fund account held shares of the same fund that's used for brokerage sweep accounts. Now what?
Vanguard announced new annual fees on legacy mutual-fund-only accounts to start September 1, 2023, so this convinced me at long last to transition all my Vanguard legacy accounts to brokerage accounts,...
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How are lots with partial shares handled when transferring a position between brokerages?
When doing an in-kind transfer of a position between two brokerages, how are lots with partial shares (from dividend reinvestment) handled? For example, if I owned 513.7696 shares of XYZ that were ...
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Recently my mother died - how to handle her living trust account
Mary Smith (a fictional person) dies with several brokerage accounts and a living revocable trust. The trust has several brokerage accounts also. The name of the trust is Smith Living Trust. Now, ...
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Can stockbroker employee spy/track and copy positions of a performant custmer portfolio
Since a stockbroker can track and sort the best portfolios of its customers.
Can a employee of a stockbroker spy/track and copy positions of a performant customer portfolio legally?
Thanks
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Whose balance sheet is relevant to gauge the risk that I lose my shares in case of financial bankruptices?
If there is a financial crisis in the future; whose balance sheet is relevant to assess the risk that I lose my shares in case of bankruptcies of financial institutions? I assume it is the balance ...
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Is it possible to move cash from TD Ameritrade to Interactive Brokers?
If I have cash to move, do I have to use a bank account between my brokerage accounts
or it it possible to move cash from TD Ameritrade to Interactive Brokers?
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Short selling options, can brokerage force seller to buy back the options
In case if I short sell ETF or stocks, brokerage can ask short seller to cover the position even if the user is paying interest and is within margin limit.
With this question, I want to know in case ...
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Is it possible to hold stock certificates directly without any counterparty risk whatsoever?
I would like to invest in stocks of various companies, however I am deeply concerned with the counter-party risk that the institution which holds the assets on my behalf carries (e.g., a bank or a ...
user119972
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Why wouldn't a broker let a retail investor choose the order type when purchasing Treasury bills via auctions?
When purchasing US Treasury bills via auctions with Charles Schwab, one cannot choose the order type: it has to be a market order, as shown below.
As a result, one receives the following warning:
...
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Most cost effective way to realize profits?
Selling a security at a loss is subject to wash sale rules in the US, but selling a security at a gain is not. While they are rare, there are a few situations in which an investor might want to ...
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Why would a financial services company force their customers to link their checking accounts to an existing or new brokerage account?
I read on page to create a new checking account at Charles Schwab Corporation in the US:
Your new checking account will be linked to one Schwab individual brokerage account. You can open a new ...
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How can unvested assets land in one's Self-Directed Brokerage 401(k) account?
I read in a US-based employer-sponsored 401(k) plan managed by Vanguard the following warning while attempting to change the contribution allocation:
All Sources: Your plan has restrictions on having ...
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Is it legal for a stock broker to use client's idle money to generate interest and enjoy the benefit without sharing it with its clients?
I read an "investment report" about an online US stock broker, saying that the broker can gain extra earnings from clients' idle money interest without sharing the interest with its clients.
...
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Do I have any tax liability for distributions occuring between date of death and transfer of brokerage assets to me?
Due to death of a relative (death during the summer of 2021) I have inherited a non-retirement brokerage account, consisting of various common stocks and mutual fund shares, and also some settled cash ...
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Are Transaction/Order/Trade ID/Numbers attached to the trade of a security sensitive information?
Some brokerages display some Transaction/Order/Trade ID/Numbers that identifies or qualified a trade of a security (e.g., the purchase of some stock): is that sensitive information?
Example on TD ...
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What happens to a custodial brokerage account when child reaches the age of majority?
My children have custodial brokerage accounts in their names. When they reach the age of majority in our state will the account change from a custodial account to a standard brokerage account or will ...
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Why don't US "zero commission" stock brokerages allow buying of OTC stocks?
I have noticed that many "zero commission" US stock brokerages either do not allow trading in OTC stocks, or otherwise charge a commission to do so. For example, Robinhood has a very limited ...
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Why don’t broker-dealers borrow against their clients’ stock holdings instead of lending them?
From what I understand, a common business line of brokerages is lending out the shares of their clients while they are sitting idly in their accounts. Average borrow rates of blue-chips are around 0....
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A Living Trust, and Individual account and SPIC
Please consider an investor who has 400K in stocks in an individual account at a brokerage firm. He also has a living revocable trust which also has an account at the same brokerage firm. The value of ...
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CFD for long term investing, but 1:1 leverage, a trustworthy broker(no dealing desk) and no commission. Is it worth it?
So i have seen multiple treads about cfd for long term investing,
I post a selection for those who could be interested:
Is CFD a viable option for long-term trading?
Are CFDs without leverage ...
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Best practices for protecting retirement savings?
Let's say my nest egg is in ETFs in a taxable account and an IRA with the same brokerage.
SIPC insurance may cover me "if the firm fails financially", and only up to $500,000. That is per ...
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Finding brokers to invest in US index funds that support iraq
I live in iraq and i would like to invest in US index funds.looking at the popular brokers like robinhood and vanguard they state that they don't support investing from my country.Googling for iraqi ...
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Family Member Broker - Managing Mother's Investment
My niece works for a securities firm as registered broker, (not CFP) - her mother, my sister, inherited a large sum of money and will be investing 100% of her funds with her daughters business. Is ...
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How can brokers profit from spread? [duplicate]
How can brokers profit from spread? Isn’t market makers that profit from spread?
And also how do brokers profit from OTC gain? How does that exactly work?
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What are the pros and cons of participating in a "Fully Paid Lending Income" program in IRA?
I am interested in lending my passive holdings for generating more income. Hopefully the risk is minimal. I see, for instance, two brokerages offering it. I am not asking any recommendation on ...
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How Do I Trade With Margin On E*Trade?
I'm new to Margin altogether and need some help. Here are my numbers:
Total Margin Requirements $0.00
Total Margin Equity $190.68
Adjusted SMA $205.34
Maintenance Excess ...
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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 ...
user82352
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Understanding Account Balances On E*TRADE
I am brand new to E*TRADE and so far I love it, but the setup is a little different to what I'm used to. Could someone explain what the different balances mean? Here's what I'm seeing:
Net Account ...
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Time for an ACH Transfer
Imagine an investor who has two accounts at the same broker. One is a living trust account and the other is an individual brokerage account. Now the investor wants to move money from one account to ...
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Violating bank policy by not disclosing brokerage account and short selling
I live in U.S and work as a software developer (back office) at an investment bank. I don't have those series 63 license that needed to be registered with Finra, and my work is nothing at all ...
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Wrong citizenship on my ETORO account
ETORO took my country of tax residency as my country of citizenship and this is not True. What should I do? Their customer support seems useless. Can I continue with it?
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Can one of my citizenships cause problems with investing?
As a citizen and resident of Mexico, American and European brokers are happy to take my business. But I'm also a citizen of Syria, which is sanctioned. While filling out account creation forms, I don'...
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Does shorting stock cause your account value to go up?
Does shorting stock cause your account value number to go up?
Specifically for IB but most broker have a number that shows the total value of your account
Stocks + cash + any other investment.
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Does it matter on which exchange and which currency I buy ETF?
I am citizen of EU member state and using Interactive Brokers. I am in for a long time and let's say I am averse to euro, so I focus on US equity ETFs. As EU citizen, I have to buy their UCITS ...
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Will US brokers accept me? I'm a citizen of Iran but a resident of Georgia
Any citizens of Iran here who can share their experience?
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Why does an online stock broker need to know information about my current salary?
I'm in the process of opening an account with TD Ameritrade, and they've asked for proof of employment that includes my current salary.
Why would they need to know my current salary? Especially since ...
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How to account for a stock spinoff in an investment account
I recently obtained shares of Sylvamo Corp (SLVM) as a result of a spinoff from International Paper (IP). In the transaction history of the containing brokerage account there was no intermediate ...
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Enrolling in securities lending program vs. converting position to a synthetic long stock
Some stock brokerages provide opportunities for their clients to earn some money by allowing the brokerage to lend out the client's shares to short sellers. Common names for these programs are: "...
- 16.9k
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Status of US brokerage account of non-domiciled citizen
I have a brokerage account with Ameritrade (now owned by Schwab) that I’ve held for almost 25 years with almost all my savings there. Recently I left the US and have decided to settle in Spain. Can I ...
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Is there any evidence that zero commission stock brokers are cheaper than those that charge commissions?
Trading costs can be divided into explicit costs and implicit costs. The explicit cost is the commission charged by the stock broker. The implicit costs are the price impact of the trade, and the ...
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What's the incentive for a broker to allow short selling?
I was researching how short selling worked and I was wondering what are the advantages for the broker to allow this. Why would the broker lend out stocks with the expectation that they will get it ...
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Is Margin Interest Rate of a Brokerage Relevant?
I've seen brokerages intensely advertise their margin interest rate, and I've seen this being use to compare them. Why is this important, when you can get a low interest rate loan using in the ...
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What's the average time for order confirmation and fulfillment for brokers in intraday trading?
I've been flirting with the idea of automated, algorithmic trading applications and have been running simulations for several trading strategies with historical, intraday stock prices. There's one ...
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What to look for when opening a brokerage account for a beginner?
I am John and I am 18 years old. I am looking to open a brokerage account in Australia. My question is what characteristics should I look for when opening a brokerage account as a beginner?
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How many accounts do I need to trade Stocks. Future contracts, Cryptocurrencies, Forex, Etc.?
I am a new comer in the US and I want to start my investment here. But the first question is how many brokerage accounts do I need if I want to do and manage the investment on all of the markets? In ...
user109157
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Who sets the stock loan costs in U.S. markets?
The market "fee rate" (a.k.a. borrow cost ) for borrowing stock shares to sell short can run very high. (One source for the current borrow cost is a list published every 15 minutes by ...
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Is zero commission stock trading dependent on payment for order flow?
All zero commission stock brokerage firms I have looked at are able to offer zero commissions because of payment for order flow (PFOF). Is PFOF a necessary component of zero commission stock trading, ...
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Will U.S brokers accept a utility bill as a proof of residency if it is not registered in my name?
Will U.S brokers accept a utility bill as a proof of residency-address (when opening account) if it is not registered in my name?
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