Questions tagged [online-brokerage]

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Trading options and stocks under $1 per share at Charles Schwab shortly after the brokerage account creation

When creating a brokerage account at Charles Schwab, I see: January 05, 2023: Funds post. You can buy most securities, but we restrict withdrawals and trading of some securities, including all ...
Franck Dernoncourt's user avatar
0 votes
1 answer
60 views

How is the actual stock transaction price determined? [duplicate]

Let's say that for some stock, the current highest bid price is $5.01 and the current lowest ask price is $5.05. Or in more detail, the following orders are queued (for simplicity, only one share per ...
Snackoverflow's user avatar
1 vote
0 answers
71 views

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 ...
MOHAMMAD RASIM's user avatar
2 votes
1 answer
154 views

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 ...
Jimmy Vailer's user avatar
1 vote
1 answer
80 views

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 ...
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1 answer
87 views

Question about automated trading from a newbie

I always hear about automated trading programs and some words like API, AI, python ..etc but I didn't try them.. My question is If I made my trading strategy automated using them, will I have to open ...
huab's user avatar
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2 answers
156 views

If someone makes a mistake and sells their shares for 1c, who buys them?

Assume the market price is $100. Does the person with a limit buy at 1 cent get filled, or does the person with a market order get filled at a discount. Or is there some sort of safeguard? What would ...
Lewis Kelsey's user avatar
0 votes
1 answer
68 views

Is using/linking an automated trading program to a brokerage platform legal? [duplicate]

I have no experience in programming, but I see some brokerage firms have its own scripting/coding tool inside its desktop platform, and I also see an API programs,, my question is are there a ...
huab's user avatar
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0 votes
1 answer
81 views

Does an online trader affect futures prices as a real (physical) trader?

When I buy a future contract (1 contract), will I affect the price and volume and the other numbers, the same as a physical trader (if he buys 1 contract), Will the trade volume increased by two or ...
huab's user avatar
  • 927
17 votes
5 answers
7k views

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 ...
MarkJeglic's user avatar
1 vote
1 answer
53 views

How can I interpret this bond chart?

I am looking into buying a bond on DeGiro. I am new to this platform and to buying bonds. From what I understand, bonds are usually issued in multiples of 1k and have a coupon rate that is paid to you ...
user1261710's user avatar
2 votes
1 answer
316 views

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 ...
Andjelika Zogovic's user avatar
0 votes
2 answers
333 views

When I send money to fund my account, what obliges a broker to put it in my account?

When I send money to fund my brokerage account, I send the money to a bank account which I can't know if it's personal or business. What obliges a broker (which we deal with him on the basis of trust ...
huab's user avatar
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1 vote
1 answer
84 views

Can a brokerage hold BUY order from customer until brokerage has needed stock to fill the order "in-house"? [duplicate]

According to SEC.gov: Internalization When you place an order to buy or sell a stock, your broker has choices on where to execute your order. Instead of routing your order to a market or market-...
Artem's user avatar
  • 891
2 votes
2 answers
199 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,...
Yura's user avatar
  • 143
1 vote
1 answer
65 views

US based broker for European citizens

I have US stocks, and I need to transfer them to a new broker (long story). I am a non-US citizen, I am a European citizen. Is there a list of online brokers that I can do this with? I am unsure if I ...
bharal's user avatar
  • 111
2 votes
1 answer
104 views

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 ...
Flux's user avatar
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2 votes
1 answer
208 views

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 ...
Flux's user avatar
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1 vote
1 answer
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Why is Trailing take profit a non existent functionality from brokers

If i understand this correct a trailing stop loss line can be put between the current market price and what you bought it for and your taking an L on the trade ...etc... but why is the opposite ...
Hamza Arshad's user avatar
0 votes
0 answers
28 views

Foreigner trading stocks through US brokerage bank [duplicate]

I am a foreigner currently living in the US, and I have a SSN due to my employment here. However, I will be returning to my home country next year. My question is: since I have an SSN, I am able to ...
Fozz's user avatar
  • 101
-1 votes
1 answer
39 views

Taxation of US LLC in India

I am a non-resident of the USA, and a resident of India for tax purposes. Suppose I set up my US brokerage account as an LLC in the USA. What taxes will I owe on this account in India? What taxes will ...
user2371765's user avatar
  • 1,064
1 vote
0 answers
119 views

Within Interactive Brokers, what is the easiest way to 'sync' accounts so that I can execute a trade in multiple accounts from a single transaction?

My partner and I both have IRA and investment accounts with Interactive Brokers. I manage the investments in our family and so I am currently needing to log into both of our accounts separately in ...
Brian R's user avatar
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1 vote
0 answers
67 views

strategy to move funds between international accounts

I need to transfer funds from my German funds portfolio to an international broker. Most of my assets are in the profitable zone now. Only two are negative currently. I wondered which strategy might ...
steros's user avatar
  • 111
4 votes
2 answers
219 views

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....
Aleks G's user avatar
  • 765
3 votes
2 answers
475 views

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 ...
Tanner Swett's user avatar
  • 3,417
0 votes
1 answer
165 views

Ally Bank zero commission vs Robinhood no commission fees?

Ally Bank claims to have zero-commission transaction fees accounts for trading, Robinhood does the same. Do they both actually not charge any fees/commissions? My understanding was that the free fees ...
tsar2512's user avatar
  • 101
2 votes
1 answer
2k views

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 ...
Tanner Swett's user avatar
  • 3,417
1 vote
1 answer
627 views

What does the "market value" of a CD on TD Ameritrade mean?

Yesterday, I bought my first certificate of deposit. (I did it more for fun and experience than for any other reason.) It's a 1-month CD that I bought on the primary market, with a coupon of 1.9%. I ...
Tanner Swett's user avatar
  • 3,417
1 vote
1 answer
40 views

Broker that allows percentage-based trades [closed]

Is there a broker available that allows you to place trades based on a percentage of your account? For example, I buy 5% if x stock price hits and sell 5% if y stock price hits. Most brokers base ...
4thSpace's user avatar
  • 1,398
27 votes
5 answers
34k views

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 ...
bp2010's user avatar
  • 452
1 vote
2 answers
263 views

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 ...
Jesse's user avatar
  • 216
11 votes
3 answers
26k views

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 ...
Zesty's user avatar
  • 625
0 votes
0 answers
48 views

What impact does currency exchange mark-up have on broker fees?

Let's say I held £100,000 in Interactive Investor and wish to add £20,000 to my investment each year in monthly instalments. They charge £10/month for a standard account[1] that offers one free trade ...
Declan McKenna's user avatar
1 vote
2 answers
16k views

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?
GodMaverick's user avatar
0 votes
1 answer
3k views

Why does my broker have slightly different prices?

I took a look at the closing price of NDAQ of the day 2019 04 26 at the NASDAQ website, this market data API, which has excatly the same values as NASDAQ, open 89.63 high 90.09 low 88....
user10385242's user avatar
1 vote
1 answer
68 views

Different brokerage accounts for HSA, IRA, 401(k), misc.?

I truly cannot find this information on my brokerage website. I have a brokerage account for my HSA, and if I wanted to use this same brokerage to invest cash I have sitting in my bank acct. would I: ...
jed's user avatar
  • 568
-1 votes
1 answer
587 views

Why is eToro asking to deposit 500 if the stock value is only 50?

I am starting to try out some platforms for trading and investing and I was surprised to see that eToro was asking me to either use leverage (which I don't want) or take a minimum position of 500 USD, ...
code4jhon's user avatar
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 ...
Nirvedh Meshram's user avatar
0 votes
2 answers
144 views

Are there any stockbrokers without a flat fee in their transaction costs? If not, why not? [closed]

Are there any stockbrokers who only charge a percentage of the trade as the transaction fee, without a flat fee (e.g just 0.1% rather than £1.xx and 0.0xx%)? If not, why not? Is this flat fee ...
CheapWill's user avatar
0 votes
1 answer
268 views

Does RBC Direct Investing allow to buy BMO ETF funds?

I'm trying to pick an online trading platform and on a first glance for choosing between major Canadian banks (RBC, BMO, TD, etc.), the RBC seems more appealing. However, I am interested in specific ...
Joe's user avatar
  • 273
1 vote
1 answer
245 views

Is Firstrade a legitimately free broker?

I'm curious about Firstrade. I know RobinHood is also fee-free, but some users claim that they make money but frontrunning, which can be costly in the long run. Curious to know if Firstrade is ...
JDM's user avatar
  • 81
0 votes
1 answer
3k views

Is it possible to buy stocks and sell it the next day, then use that cash to buy and sell the next day and so on instantly with a margin account?

I heard about limits such as a maximum of 3 trades in 3 days, if margin accounts can overcome these limits, how is it done? When I asked my broker, he said it's possible, but, I don't understand how ...
Rishi Swethan's user avatar
2 votes
2 answers
107 views

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? ...
toing's user avatar
  • 133
3 votes
1 answer
798 views

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 ...
fileyfood500's user avatar
4 votes
2 answers
1k views

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 ...
Viktor Molokostov's user avatar
6 votes
4 answers
534 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 ...
Cloud's user avatar
  • 3,655
3 votes
3 answers
286 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 ...
marco trevi's user avatar
5 votes
1 answer
696 views

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 ...
smartnut007's user avatar
0 votes
1 answer
137 views

How to sell some euros and buy rubles?

I would like to sell some euros in an online exchange and buy rubles. My question is, once I buy rubles how do I withdraw them in my Russian account? Also, how to deposit euros? I know about some ...
gurghet's user avatar
  • 121
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 ...
ggiaquin16's user avatar