Advertisement

Jeffrey Lim

09 Jun 2021

∙

General Investing

Has anyone got restricted by TD Ameritrade PDT before ?

So I've been recently day trading on TDA and I've been warned that I am a PDT and will restrict me if I don't have 25kUSD. I don't currently have 25k, just wanna ask has anyone really got restricted after the warning? Was wondering if it's like SAF and sometimes will.not get caught 😂 alternatively I can use tiger but it means I need to manage two seperate account

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Chris

09 Jun 2021

Owner and Writer at Tortoisemoney.com

Ive not experienced it myself but as far as Ive seen on Reddit, many new investors (especially the options ones) have been struck with the 90 day ban on day trading due to PDT. Sooo, if you've already broken the PDT rule, you'll most likely have to switch to another broker.

Reply

Save

View 3 replies

Write your thoughts

Related Posts

Anyone using TD Ameritrade? Just saw an article from The Edge "TD Ameritrade Singapore announces zero commissions for US market trades from Singapore". How is their FX rates and platform?

Does anyone know if SGD be exchanged to USD in TD Ameritrade and what are the incurred charges? I read that TD charges preferential rates, what does that mean?

TD Ameritrade Singapore removes commissions on online stock, ETF and option trades (Link below) Anyone read that? Do they impose other charges?

Anyone transferred USD from a Bank of America account to a TD Ameritrade Singapore account (I can't seem to get that to work, it was way easier when they are not in SG as we can ACH)?

I am a student (from SG) studying in a UK University and I don’t have any income, I tried setting up a TD Ameritrade account but I got rejected. Is there any way for me to set it up successfully or are there any alternatives available?

Related Products

TD Ameritrade

3.6

33 Reviews

$0

MINIMUM FEE

$0

TRADING FEES

Custodian

STOCK HOLDING TYPE

Related Posts

Anyone using TD Ameritrade? Just saw an article from The Edge "TD Ameritrade Singapore announces zero commissions for US market trades from Singapore". How is their FX rates and platform?

Does anyone know if SGD be exchanged to USD in TD Ameritrade and what are the incurred charges? I read that TD charges preferential rates, what does that mean?

TD Ameritrade Singapore removes commissions on online stock, ETF and option trades (Link below) Anyone read that? Do they impose other charges?

Anyone transferred USD from a Bank of America account to a TD Ameritrade Singapore account (I can't seem to get that to work, it was way easier when they are not in SG as we can ACH)?

I am a student (from SG) studying in a UK University and I don’t have any income, I tried setting up a TD Ameritrade account but I got rejected. Is there any way for me to set it up successfully or are there any alternatives available?

Advertisement