facebookTD Ameritrade forex spread and Referral promotion? - Seedly

Anonymous

19 Oct 2020

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Promo Codes

TD Ameritrade forex spread and Referral promotion?

Im looking to switch to TD Ameritrade for my US stocks. Currently i am using Saxo which is having a low commission of minimum $4 usd but comes with a 1.5% forex spread when opening and closing a position.

Anyone knows what is the forex spread for TD Ameritrade and also they are having a promotion of $88 usd for referrals, anyone care to hit me up and share the referral fee?

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This post is no longer accepting new comments because it has been merged with Hi, does anyone have a referral code for TD Ameritrade please?

Discussion (12)

Edit on 19 Oct 2020: referral seems to have ended early oct 2020, from my phonecall with them. In fact, you dont see it on their website anymore

Anw...

TD allows you to wire SGD in directly, especially if you use POSB/DBS (TD converts to USD for you, @ good rates!), no need to convert forex with your bank, i've been doing it since forever. See here! https://www.tdameritrade.com.sg/why-td-ameritra...

How good are the rates... On 10 Aug 2020, XE's sgd:usd was 1.3728, but the eventual exchange rate when wired into my TD acc was 1.3745. Not too shabby!

(and nope, you cant exchange currencies within TD itself - you dont actually need to, from my sharing above)​​​

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Tan Yu Ji

12 Aug 2020

Economics at Nanyang Technological University

For TD Ameritrade, you have to convert your money into US from your bank first, hence it depends on your banks Forex spread!

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