Questions tagged [online-brokerage]
102 questions
28
votes
5 answers
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 me:
UK Retail clients are restricted from trading…
bp2010
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17
votes
5 answers
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 be using different brokers to split my…
MarkJeglic
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12
votes
8 answers
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 contract = 100 shares)
I buy 20 contracts of these…
Jean-Paul
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11
votes
3 answers
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 that the trading platform hasn't sold them yet?…
Zesty
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11
votes
3 answers
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 Robinhood saving account should always be insured…
Nirvedh Meshram
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9
votes
3 answers
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 $50,000 -- $100,000 in low-return instruments.
My…
Fixee
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7
votes
3 answers
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?
user5800
6
votes
4 answers
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 use an online broker and that broker goes bust? How…
Cloud
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6
votes
4 answers
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?
Source Code
- 387
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5
votes
2 answers
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 there a way to make sure the stocks I bought are…
Viktor Molokostov
- 153
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5
votes
1 answer
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 to obtain tax documents from both brokerage firms…
smartnut007
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5
votes
1 answer
Online stock brokers for LSE or TWSE?
Which online stock brokers allow trading on the London or Taiwan Stock Exchanges?
Loren
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5
votes
2 answers
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 operated on the concept of market makers which is…
Victor123
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5
votes
3 answers
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.
derelict
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5
votes
3 answers
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?
Mike
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