eToro	Basic Information
Founded in	2007
Headquarters	United Kingdom
Regulations	CySEC, FCA, ASIC
Tradable Assets	Stocks, Cryptocurrencies, Currencies, Commodities, ETFs
Minimum Deposit	$10
Trading Fees	Commission-free trading, Spreads from 0.75 pips on EUR/USD
Non-Trading Fees	Withdrawal fee of $5, Inactivity fee of $10/month after 12 months of inactivity
Leverage	Up to 1:30 for retail clients, up to 1:400 for professional clients
Trading Platforms	eToro proprietary platform, MetaTrader 4
Mobile Trading	Yes, available on iOS and Android
Customer Support	24/5 live chat, email support
Educational Resources	Social trading, educational videos, blog articles, eToro Academy
Demo Account	Yes, unlimited time
Other Features	CopyTrader, Popular Investor Program, eToro Wallet

Overview of eToro

eToro is a multi-asset social trading platform that has gained widespread popularity among investors, traders, and social media enthusiasts since its inception in 2007. It offers users access to a wide range of financial instruments, including stocks, cryptocurrencies, forex, indices, and commodities, among others. The platform provides a user-friendly interface that caters to both novice and experienced traders alike, making it one of the most popular trading platforms on the market.

One of eToro's standout features is its social trading capabilities, which allow users to copy the trades of successful traders and build their investment portfolios. The platform has a large community of traders who share insights, strategies, and knowledge, making it an excellent learning resource for traders looking to improve their skills.

Is eToro legit or a scam？

eToro is a legitimate and regulated online brokerage firm that has been operating since 2007. It is licensed and regulated by several reputable financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). The company is also a member of the Investor Compensation Fund, which provides additional protection for traders' funds. However, as with any investment platform, there are risks involved in trading, and traders should always be aware of the potential risks and take steps to protect their investments.

Pros & Cons

eToro's user-friendly interface, range of trading assets, and social trading features have made it popular among both beginner and experienced traders. However, as with any trading platform, eToro has its pros and cons, which potential users should consider before signing up. In this section, we will discuss the advantages and disadvantages of using eToro as a trading platform.

Pros	Cons
User-friendly and easy-to-use platform	Higher spreads compared to some other brokers
Regulated by reputable financial authorities	Limited range of tradable assets
Copy trading and social trading features	Limited research and analysis tools
Wide range of payment methods	Inactivity fee charged after 12 months of inactivity
Commission-free trading on stocks and ETFs	Withdrawal fee of $5
Demo account available for practice	Limited customer support options

Market Instruments

eToro offers a wide range of financial instruments for traders to choose from, covering various markets globally. Traders can access more than 2,400 assets, including popular currencies, commodities, indices, and stocks from exchanges around the world. Furthermore, eToro enables traders to trade cryptocurrency, such as Bitcoin and Ethereum, which has become a popular asset class in recent years due to its high volatility and potential for substantial profits. With this wide range of instruments available, traders can diversify their portfolios and explore various markets to find the best investment opportunities.

Pros	Cons
Wide variety of assets including stocks, cryptocurrencies, commodities, forex, and more	Limited selection of options and futures contracts
Commission-free trading on most instruments	Limited research tools for fundamental analysis
Availability of social trading, allowing for copy trading and following other traders' strategies	Limited access to less popular or niche assets
Option to trade fractional shares for stocks, making it accessible to investors with small capital	Limited trading hours on certain assets, such as cryptocurrencies
	Lack of transparency in pricing structure for some assets

Account Types

eToro provides traders with two primary types of accounts to choose from, namely the Retail and Professional accounts. These account types differ in various aspects, such as trading features, account requirements, leverage limits, and the level of regulatory protection they offer.

eToro's Retail account is suitable for most traders and investors. This account type requires a minimum deposit of $500 and provides access to all eToro's trading instruments, including cryptocurrencies, stocks, ETFs, commodities, and more. Retail account holders can also benefit from eToro's social trading features, which allow users to follow and copy other successful traders on the platform. However, retail account holders are limited to a maximum leverage of 1:30, as per regulatory requirements.

eToro's Professional account is designed for experienced traders who meet certain criteria, such as having a minimum of two years of trading experience and meeting certain financial thresholds. This account type provides access to higher leverage of up to 1:400, and allows users to benefit from reduced margin requirements and negative balance protection. However, professional account holders are not eligible for certain investor protection rights, such as compensation schemes, as they are deemed to have a higher level of trading knowledge and experience.

Aspects	Pros	Cons
Account Types	Offers both retail and professional accounts	Professional accounts require certain qualifications
Minimum Deposit	Low minimum deposit requirement for retail account	High minimum deposit requirement for professional account
Commission	No commission on trades for most assets	Higher spreads compared to other brokers
Leverage	Up to 1:30 for major currency pairs	Limited leverage options for professional accounts
Platform	User-friendly platform with social trading features	Limited customization options
Customer Support	24/7 customer support in multiple languages	Phone support only available during market hours

How to open an account with eToro？

To open an account with eToro, you need to follow these steps:

• Go to the eToro website and click on the “Join Now” button.

• Enter your personal information, including your name, email address, and phone number.

• Verify your email address by clicking on the verification link sent to your email. Provide additional information, including your date of birth, address, and tax ID number. Agree to the terms and conditions and submit your application.

• Wait for eToro to review and approve your account, which usually takes a few minutes to a few business days.

• After approval, you can fund your account with preferable payment methods and then start your real trading with this broker.

Demo Account

eToro offers a demo account for traders who want to practice trading strategies without risking real money. The eToro demo account provides $100,000 in virtual money and is valid for an unlimited amount of time, allowing traders to familiarize themselves with the platform and practice their trading skills.

To open a demo account, traders can simply sign up for an eToro account and select the option to use the demo account. It's important to note that the eToro demo account does not require any deposit or funding, making it a risk-free way to test out the platform.

When using the demo account, traders should keep in mind that the virtual money provided is not real, and any profits or losses made are also not real. It's also important to note that while the demo account provides a good introduction to the platform, it may not accurately reflect the actual market conditions and trading experience.

Leverage

eToro offers leverage for trading various financial instruments. The maximum leverage provided by eToro varies depending on the instrument and the jurisdiction of the client. For example, for major forex pairs, eToro offers leverage up to 1:30 for retail clients and up to 1:400 for professional clients. For commodities such as gold and silver, leverage can be up to 1:20 for retail clients and up to 1:100 for professional clients. For stocks, eToro offers leverage up to 1:5 for both retail and professional clients. It is noted that high leverage can amplify your potential returns, but more importantly, it can increase your risks.

Spreads & Commissions (Trading Fees)

eToro's spreads vary depending on the asset being traded. The platform charges variable spreads, which means that the spread can widen or narrow depending on market conditions. The typical spread for major currency pairs such as EUR/USD and GBP/USD is around 3 pips during normal market conditions. However, this can vary depending on market volatility and liquidity.

For other assets, such as cryptocurrencies and commodities, eToro's spreads are generally higher. For example, the spread for Bitcoin can range from 0.75% to 5% depending on market conditions.

Pros	Cons
Zero commission on stock and ETF trading	Wider spreads compared to other brokers
Competitive spreads on major forex pairs	Overnight fees charged on leveraged positions
No hidden fees or surprises	Limited selection of exotic currency pairs
Transparent pricing	Higher spreads on cryptocurrencies
Tight spreads on commodities and indices	Spreads can widen during volatile market conditions

Non Trading Fees

In addition to spreads and commissions, eToro also imposes a few non-trading fees that traders should take into consideration before trading on this platform. These fees include:

• Withdrawal fee: eToro charges a withdrawal fee of $5 per withdrawal. This fee is relatively low compared to other brokers.

• Inactivity fee: If you don't log in to your eToro account for 12 months, an inactivity fee of $10 per month will be charged to your account. This fee is charged until you log in again or until your account balance reaches zero.

• Overnight fees: eToro charges overnight fees or rollover fees for positions held open overnight. The amount of the fee depends on the instrument traded, the direction of the position, and the size of the position.

• Currency conversion fee: If you deposit funds in a currency different from the base currency of your account, eToro charges a currency conversion fee. The fee is 0.5% of the deposited amount, and it's calculated based on the exchange rate at the time of the conversion.

Pros	Cons
No commissions on stock and ETF trading	Higher spreads compared to other brokers
No deposit fees	High withdrawal fees
No account maintenance fees	Inactivity fee after 12 months of inactivity
No fees for using the CopyTrader feature	Limited payment methods
No fees for currency conversion	Overnight fees for positions held overnight
	High fees for using PayPal as a payment method

Trading Platform

eToro offers its proprietary trading platform, which is designed to be user-friendly and intuitive, particularly for novice traders. The platform provides a variety of tools and features, including real-time market data, advanced charting tools, and an easy-to-use order entry system.

One of the most notable features of the eToro platform is its social trading functionality, which allows users to follow and copy the trades of successful traders. This feature is particularly appealing to new traders who may lack the knowledge or experience to make their own trades.

In addition to its proprietary platform, eToro also supports the popular MetaTrader 4 (MT4) platform, which is widely used by traders around the world. MT4 is known for its advanced charting capabilities, extensive library of technical indicators, and the ability to automate trading strategies through the use of Expert Advisors (EAs).

Here is a comparison table of the trading platform offered by eToro, FP Markets and Exness:

Broker	Trading Platform	Desktop	Web-based	Mobile
eToro	eToro Platform	✔️	✔️	✔️
FP Markets	MetaTrader 4 (MT4)	✔️	✔️	✔️
Exness	MetaTrader 4 (MT4)	✔️	✔️	✔️

Deposits & Withdrawals

eToro accepts multiple payment methods, including credit/debit cards, bank transfers, and e-wallets such as PayPal, Neteller, and Skrill. The minimum deposit amount is $10, which is relatively low compared to other brokers in the industry. Deposits are usually processed instantly or within one business day, depending on the payment method. eToro does not charge any deposit fees, but some payment providers may have their own fees.

eToro allows you to withdraw funds using the same payment methods as deposits.The minimum withdrawal amount is $30, and there is a withdrawal fee of $5.Withdrawals are usually processed within one business day, but it may take longer for bank transfers.Before making a withdrawal, you need to verify your identity and complete the necessary KYC (Know Your Customer) procedures. eToro also has a policy of returning funds to the original payment method used for deposits, whenever possible.

Pros	Cons
Wide range of payment methods available including credit/debit cards, PayPal, and bank transfer	Withdrawal fee of $5 per transaction
Quick and easy deposit process with most methods being processed instantly	Minimum withdrawal amount of $30
No deposit fees charged by eToro	Limited number of currencies available for deposits and withdrawals
Supports deposits and withdrawals in multiple currencies	Withdrawal processing time can take up to 7 business days
Allows users to set up multiple payment methods for convenience	Third-party fees may be charged by payment processors
Negative balance protection ensures that users cannot lose more than they have deposited	Users may need to provide additional verification documents for withdrawals

Customer Support

Customer support is an important aspect of any online brokerage firm, and eToro is no exception. eToro offers various channels for customers to get in touch with its support team. These channels include:

• Live chat: This is available 24/5, Monday to Friday. It is the fastest and most efficient way to get support.

• Email: Customers can send an email to the eToro support team. The response time is usually within 24 hours.

• Phone: Customers can also call the support team during office hours. eToro provides local phone numbers for various countries.

• Social media: eToro has a presence on various social media platforms, including Twitter and Facebook. Customers can use these platforms to get in touch with the support team.

• FAQ section: eToro offers a comprehensive FAQ section on their website that covers a wide range of topics related to their services, trading, account management, and more. The FAQ section is organized into categories, making it easy for users to find answers to their questions quickly.

Educational Resources

When it comes to educational resources, Toro offers a variety of educational content to help traders improve their skills and knowledge of the financial markets.

These resources include:

• eToro Academy: This is an online education portal that provides traders with a wide range of educational materials, including articles, videos, webinars, and courses on various topics such as trading strategies, market analysis, risk management, and more.

• Trading Guides: eToro also offers a series of trading guides that provide in-depth information on various trading topics, including stocks, commodities, currencies, and indices.

• Market News and Analysis: eToro provides traders with up-to-date news and analysis on the financial markets. This includes daily market updates, weekly market analysis, and other educational content.

• Blog: eToro has a blog that provides traders with the latest news, market analysis, and trading tips.

• Virtual Portfolio: eToro offers a virtual portfolio feature that allows traders to practice trading without risking real money. This is a great way for beginners to gain experience and test out their trading strategies before trading with real money. Here is an instructional video for users to know clearly what Virtual Portfolio is:https://www.youtube.com/watch？v=GWK7uQ98KpM.

Conclusion

Overall, eToro is a reputable and user-friendly online trading platform that offers a wide range of financial instruments and trading options to its clients. Its innovative social trading features, intuitive platform, and excellent customer service make it an attractive choice for both beginner and experienced traders. However, it does have some drawbacks, such as relatively high fees, limited research tools, and a lack of advanced charting capabilities.

FAQs

• Q: Is eToro a regulated broker？

• A: Yes, eToro is a regulated broker. It is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) in Europe, the Financial Conduct Authority (FCA) in the UK, and the Australian Securities and Investments Commission (ASIC) in Australia.

• Q: What trading instruments are available on eToro？

• A: eToro offers a wide range of trading instruments, including stocks, ETFs, cryptocurrencies, forex, commodities, and indices.

• Q: What is the minimum deposit required to open an account on eToro？

• A: The minimum deposit required to open an account on eToro varies depending on your location and the type of account you choose. For most countries, the minimum deposit is $500.

• Q: Does eToro offer a demo account？

• A: Yes, eToro offers a demo account that allows you to practice trading with virtual funds. The demo account is free and can be used for an unlimited period of time.

• Q: What is eToro's customer support like？

• A: eToro's customer support is available 24/5 and can be reached through email, live chat, and phone. They also have a comprehensive help center and a community forum where you can get answers to common questions and connect with other traders.

Registered Country/Region	Hong Kong
Regulation	SFC
Minimum Deposit	$2,000 (Margin account)
Maximum Leverage	N/A
Minimum Spreads	N/A
Trading Platform	Thinkorswim
Demo Account	Yes
Trading Assets	Stocks, ETFs, Bonds
Payment Methods	FPS transfers, a cheque deposit, telegraphic transfer (international wire), ACAT
Customer Support	Phone, Email

General Information & Regulation

TD Ameritrade Hong Kong Limited is a regulated brokerage firm authorized by the Securities and Futures Commission (SFC) of Hong Kong. Holding a license for dealing in futures contracts, TD Ameritrade operates within the legal and regulatory framework of Hong Kong's financial markets. With an address at Room 1211-13, Two Exchange Square, 8 Connaught Place, Central, Hong Kong, the company can be contacted via email at help@tdameritrade.com.hk. The regulatory oversight provided by the SFC ensures that TD Ameritrade Hong Kong adheres to the established standards and practices in the industry.

TD Ameritrade offers a diverse range of market instruments to cater to the investment needs of its users. Investors can trade listed stocks online without any commissions, benefiting from real-time trade analysis and expert insights. The platform enables options trading at a cost of US$0.65 per contract, providing specialized tools and the assistance of U.S.-licensed options trading specialists. Additionally, TD Ameritrade provides access to over 2,000 ETFs across various asset classes and fund companies, along with U.S. Treasury bonds, corporate bonds, offshore mutual funds, American Depositary Receipts (ADRs), and foreign ordinaries.

TD Ameritrade provides various account types, including Individual, Joint, Trust, Corporate, and U.S. Retirement accounts. These accounts cater to different investment preferences and goals. The Individual Account is suitable for individuals who want to manage their portfolios independently, while the Joint Account is designed for opening accounts with another person. Trust Accounts are available for establishing trusts for investment purposes, and Corporate Accounts cater to companies and organizations. U.S. Retirement Accounts are specifically tailored for those interested in opening retirement accounts in the United States. TD Ameritrade also offers Demo accounts for users to test the platform's features and functionalities.

Pros and Cons

TD Ameritrade Hong Kong Limited, as a regulated brokerage firm operating within the legal and regulatory framework of Hong Kong's financial markets, offers a range of advantages and disadvantages for investors. On the positive side, the company holds a license from Hong Kong's Securities and Futures Commission (SFC), providing a sense of trust and assurance. They provide a diverse selection of market instruments, including stocks, options, ETFs, bonds, offshore mutual funds, ADRs, and foreign ordinaries. TD Ameritrade also offers various account types, multiple trading platforms with robust tools, and educational resources to enhance investors' knowledge. Moreover, clients have access to various funding methods for account deposits. However, there are also limitations. TD Ameritrade primarily operates within Hong Kong's market framework, which may restrict its services for investors outside Hong Kong. Additionally, their focus on futures contracts may not appeal to investors seeking broader investment options. The availability of trading platforms and customer support channels is relatively limited compared to other brokerage firms.

Pros	Cons
Regulated brokerage firm with license from Hong Kong's Securities and Futures Commission (SFC)	Limited to operating within Hong Kong's market framework
Wide range of market instruments available, including stocks, options, ETFs, bonds, offshore mutual funds, ADRs, and foreign ordinaries	Limited availability of other investment options
Offers multiple account types (individual, joint, trust, corporate, U.S. retirement, and demo accounts)	Limited accessibility for non-Hong Kong residents or investors
Provides multiple trading platforms (web trading, StreetSmart Edge®, Schwab Mobile) and robust trading tools	Limited trading platforms compared to some other brokerage firms
Offers educational resources (workshops, webinars, market commentary, investing education)	Limited to dealing in futures contracts
Various funding methods available for account deposits	Customer support limited to phone, email, and online channels

Latest News

On 28 February 2022, TD Ameritrade Hong Kong will close and will no longer maintain accounts.

Is TD Ameritrade Legit？

TD Ameritrade Hong Kong Limited is regulated by the Securities and Futures Commission (SFC) of Hong Kong. The company holds a license for dealing in futures contracts, with license number BJO462. The regulatory oversight provided by the SFC ensures that TD Ameritrade Hong Kong operates within the established legal and regulatory framework of Hong Kong's financial markets. The license was issued on October 17, 2017, and there is no specified expiry date mentioned. The address of TD Ameritrade Hong Kong Limited is Room 1211-13, Two Exchange Square, 8 Connaught Place, Central, Hong Kong. The company can be contacted via email at help@tdameritrade.com.hk. Further information about TD Ameritrade Hong Kong Limited can be found on their website at www.tdameritrade.com.hk.

Market Instruments

TD Ameritrade clients can trade a wide variety of assets on the web platform as well as the mobile apps. This includes exchanged-traded funds (ETFs), stocks, options, futures, and cryptocurrency.

Stocks: TD Ameritrade allows users to trade listed stocks online with no commissions. They provide tools and research informed by Schwab experts to simplify stock selection. Users can benefit from real-time trade analysis provided by Schwab professionals.

Options: TD Ameritrade enables online options trading with a cost of just US$0.65 per contract and no base commission. They offer platforms and tools specifically designed for options traders, aiding in navigating the market. U.S.-licensed options trading specialists are also available to provide support.

Exchange-Traded Funds (ETFs): TD Ameritrade provides access to over 2,000 ETFs across various asset classes and fund companies. Users can utilize the Schwab Personalized Portfolio Builder tool to easily create a diversified ETF portfolio. Additionally, European-domiciled UCITS ETFs are available for residents of the European Economic Area (EEA).

Bonds: TD Ameritrade offers access to a wide range of investments, including U.S. Treasury bonds and corporate bonds. Their Schwab BondSource® tool allows users to screen through 36,000+ bonds. Pricing is straightforward and easy to understand, ensuring users know what they are paying for.

Offshore mutual funds: TD Ameritrade provides a broad selection of funds that have been carefully screened by Schwab experts. Users can access premium independent research and analysis from Morningstar®. The platform also offers an advanced online screener tool that allows users to compare up to five funds simultaneously.

American Depositary Receipts (ADRs) and foreign ordinaries: TD Ameritrade offers trading of ADRs and foreign ordinaries, providing users with insights into the benefits, risks, and considerations associated with these international stock types. Advanced platforms and tools are available for trading stocks in local markets.

Pros	Cons
Diverse range of market instruments	Limited mention of fees and costs
No-commission online trading for listed stocks	Lack of emphasis on specific stock selection criteria
Availability of European-domiciled UCITS ETFs for EEA residents	Limited information on options trading support
Low-cost options trading with U.S.-licensed specialists	No mention of the options trading platform's features
Access to over 2,000 ETFs across various asset classes	Limited information on the Schwab Personalized Portfolio Builder tool

Account Types

Individual Account:

TD Ameritrade offers an Individual Account option for clients who wish to trade and invest on their own. This account type is suitable for individuals who want to manage their own portfolios and make independent investment decisions. The Individual Account does not have any specific minimum deposit requirements, although to open an Individual or Joint account, a minimum of US$25,000 is needed. Within the Individual Account category, there are two subtypes: Margin account and Cash account. The Margin account requires an initial deposit of at least 2000 USD, whereas the Cash account has no minimum deposit requirement.

Joint Account:

For clients who want to open an account with another person, TD Ameritrade offers a Joint Account option. The online application process is available for joint accounts with two account holders. However, if there are more than two account holders, it is necessary to contact TD Ameritrade to initiate the account-opening process.

Trust Account:

TD Ameritrade provides a Trust Account option for clients who want to establish a trust for investment purposes. Opening a Trust Account requires a minimum deposit of US$100,000. The online application process is available for trusts with two or fewer individual trustees and/or beneficiaries. If the trust has more than two individual trustees, a company trustee, or if the beneficiaries are greater than two and include a company or undisclosed parties, it is recommended to contact TD Ameritrade for further information.

Corporate Account:

TD Ameritrade offers a Corporate Account option for companies and organizations. To learn more about opening a Charles Schwab International corporate account, it is necessary to contact TD Ameritrade directly.

U.S. Retirement Account:

For clients interested in opening a retirement account in the United States, TD Ameritrade provides the U.S. Retirement Account option. To obtain more information about opening a U.S. retirement account with TD Ameritrade, it is advised to contact them directly. The U.S. Retirement Account includes Individual and Joint Account options.

TD Ameritrade also offers the option of Demo accounts, which allow both beginners and experienced traders to test the functionalities and features of the trading platform.

Pros	Cons
Diverse range of account options	Account opening requirements may be restrictive
Individual account allows independent investing	Limited online application process for joint accounts
Trust account option for investment trusts	Trust account minimum deposit requirement
Corporate account option for companies	Limited information available on corporate accounts
U.S. Retirement account for retirement planning	Limited information on opening a U.S. retirement account
Demo accounts for testing platform functionalities	Lack of specific details on account benefits

Demo Accounts Available

Demo accounts are available for both beginners and professionals to test trading platform's functionalities and features in a 100% risk-free trading environment.

How to Open an Account

To open an account with TD Ameritrade, follow these steps:

1. Visit the TD Ameritrade website and click on the “Open Your Account” button.

1. Select your country or region of residence from the provided list. This will connect you to the appropriate page for your location.

1. Begin the online application process, which typically takes around 15 minutes to complete.

2. Prepare the necessary documents for the application. These may include:

1. Tax ID Number or Social Security Number: Provide your tax identification number or social security number, depending on your country's requirements.

2. Passport or government ID: Have a valid passport or government-issued identification document ready for verification purposes.

3. Recent utility bill or proof of residency: Gather a recent utility bill (such as gas, electric, water, or cable) or any other document that serves as proof of your residency.

4. Employer's name and mailing address: If applicable, provide the name and mailing address of your employer.

1. Ensure you have access to a printer and scanner. You will need these to print, sign, and upload any required documents during the application process.

2. Select the Account Types.

3. Review the terms and conditions, disclosures, and any other relevant documents carefully before submitting your application.

4. After submitting your application, wait for confirmation and further instructions from TD Ameritrade regarding the status of your account.

Fees & Commissions

To open an Individual/Joint account, a minimum deposit of US$25,000 is required. Detailed information about fees and commissions can be found in the Charles Schwab Pricing Guide for Individual Investors.

For stocks and ETFs, the commission per trade for online trades is US$0, while broker-assisted trades incur a fee of US$25. Non-U.S. ETFs are not available for online trades and are subject to a transaction fee of US$50 for broker-assisted trades.

Regarding offshore mutual funds, there is no transaction fee for broker-assisted trades. However, a short-term redemption fee of US$49.95 may apply.

Options trading entails a commission per executed trade of US$0 plus US$0.65 per contract for online trades, while broker-assisted trades are subject to online pricing plus a fee of US$25.

In terms of fixed income, the transaction fee per trade for new issues is included in the offering price for both online and broker-assisted trades. For Treasuries, including Auction and Secondary, such as Treasury Bonds, Treasury Bills, Treasury Notes, and TIPS, the transaction fee is US$0 for online trades and US$25 for broker-assisted trades. Corporate Bonds, Municipal Bonds, Government Agencies, Zero-Coupon Treasuries (including STRIPS), incur a fee of US$1 per bond with a minimum of US$10 and a maximum of US$250 for online trades. Broker-assisted trades in this category are subject to online pricing plus a fee of US$25. Specialty products like Commercial Paper, Foreign Bonds, Asset-Backed Securities, Mortgage-Backed Securities, Collateralized Mortgage Obligations, and Unit Investment Trusts require contacting TD Ameritrade for specific information. For Preferred listed stocks and REITs, there is no commission for online trades, while broker-assisted trades incur a fee of US$25.

Pros and Cons

Pros	Cons
No commission for online stock and ETF trades	Minimum deposit of US$25,000 for Individual/Joint accounts
No commission for online Preferred listed stocks and REIT trades	US$25 fee for broker-assisted stock trades
No transaction fee for offshore mutual fund broker-assisted trades	Short-term redemption fee of US$49.95 may apply for offshore mutual funds
US$0 commission for options trades	US$25 fee for broker-assisted options trades
No transaction fee for online Treasury trades	US$25 fee for broker-assisted Treasury trades
US$1 per bond fee for online fixed income trades	US$25 fee for broker-assisted fixed income trades
	US$25 fee for broker-assisted Preferred listed stocks and REIT trades

Minimum Deposit

TD Ameritrade Hong Kong Limited requires a minimum deposit of US$25,000 to open a brokerage account(Individual or Joint account).

Also, TD Ameritrade has a minimum deposit requirement of US$100,000 for its Trust Account.

Trading Platforms

TD Ameritrade offers a comprehensive trading platform that provides users with access to the U.S. market.

Web trading

One of their platforms is web trading, accessible through International.Schwab.com. This platform allows users to trade easily from anywhere with an internet connection. The website provides a user-friendly interface for accessing the U.S. market. Additionally,

StreetSmart Edge®.

One of the primary trading platforms provided by TD Ameritrade is StreetSmart Edge®. This platform is designed to cater to the needs of traders, offering powerful features and functionalities. It can be accessed either through downloadable software or online via the cloud.

Schwab Mobile.

In addition to the desktop platform, TD Ameritrade also offers mobile trading through Schwab Mobile. This mobile app enables users to stay connected to their U.S. investments on the go. It is available for Android™, iPhone®, iPad®, and Apple Watch™, allowing traders to access their accounts and make informed decisions wherever they are.

TD Ameritrade's trading platform is equipped with robust trading tools that help users translate insights into action. These tools are designed to assist traders in analyzing market trends and making informed trading decisions. The platform's features provide users with the necessary tools and resources to navigate the complexities of the U.S. market.

Pros	Cons
Comprehensive trading platform	Minimum deposit requirement of US$25,000 for individual/joint accounts and US$100,000 for trust accounts
Web trading accessible	Limited availability of trading platforms compared to some competitors
Schwab Mobile app for on-the-go trading	Possible fees and commissions associated with trading activities
StreetSmart Edge® platform with powerful features	Limited customization options for trading platform layout and settings
Robust trading tools for market analysis and informed decision-making

Educational Resources

TD Ameritrade offers a range of educational resources to help investors deepen their understanding of U.S. investing. These resources include workshops, webinars, U.S. market commentary, investing education, and daily updates.

The workshops and webinars provided by TD Ameritrade are designed specifically for international investors, catering to individuals at all levels of experience. These sessions offer the opportunity to learn directly from seasoned investment experts at TD Ameritrade. Whether attending an in-person workshop or participating in a live webinar, investors can benefit from the expertise shared during these educational events.

U.S. Market Commentary

To enhance U.S. investing intelligence, TD Ameritrade offers market commentary that provides insights into the U.S. and global markets. Through the Schwab Market Perspective, investors can gain valuable information to stay informed about the daily fluctuations of the stock market. This helps investors make informed decisions regarding U.S. investment opportunities.

Investing Education

TD Ameritrade's investing education aims to help investors apply their skills to U.S. markets. They provide resources that cover various aspects of investing, such as identifying favorable trends, conducting technical and fundamental analysis, and applying investment strategies. These educational materials can assist investors in making informed investment decisions in the U.S. market.

Additionally, TD Ameritrade offers daily updates, including the closing market update, which provides a summary of market movements and key events impacting the U.S. stock market. These updates help investors stay up-to-date with the latest developments and trends in the market, enabling them to make more informed investment decisions.

Pros and Cons

Pros	Cons
Wide range of educational resources available in many different formats	Some resources can be outdated or inaccurate
Workshops and webinars designed specifically for international investors	Not all resources are available in all languages
Market commentary provides insights into the U.S. and global markets	Market commentary can be biased or subjective
Investing education covers various aspects of investing	Some educational materials can be complex or difficult to understand
Daily updates help investors stay up-to-date with the latest market developments	Daily updates can be overwhelming or too frequent

Payment Methods

TD Ameritrade provides a range of funding options for clients to deposit funds into their accounts. These options include FPS transfers, cheque deposits, telegraphic transfers (international wire), and account transfers from another broker (ACAT). It is important to note that all deposits must be made in U.S dollars.

In addition to these methods, TD Ameritrade accepts various payment options for clients to fund their accounts. These include Mastercard, Visa, Metro, Skrill, Neteller, AstroPay, eBay.bg, GiroPay, Neosurf, Euteller, SOFORT, ToditoCash, and others.

Customer Support

TD Ameritrade provides customer support through various channels to assist clients with their inquiries and concerns. To reach customer service by phone, clients can call +1-415-667-7870 if they are outside the United States, or 1-877-853-1802 if they are within the U.S. The customer service hours are from 5:30 p.m. on Sunday to 1:00 a.m. on Saturday, following the U.S. Eastern Standard Time (EST).

Clients can also contact TD Ameritrade's customer support via email by writing to the provided email address. For mailing purposes, applications, deposits, and other materials can be sent to the following address:

Charles Schwab & Co., Inc.

Attn: International Operations

1945 Northwestern Drive

El Paso, TX 79912-1108, USA

Additionally, TD Ameritrade offers phone-based services. Clients can use Schwab by Phone™ by calling 1-800-435-4000 to reach an investment professional or utilize automated phone services. TeleBroker® provides access to automated touch-tone services, and it can be reached at 1-800-2SCHWAB (1-800-272-4922). For specific services in different languages, clients can contact the respective numbers provided, such as 1-800-662-6068 for 中文 (Chinese) services and 1-800-786-5174 for servicios en español (Spanish services). International clients can call 1-415-667-8400 for services in English, 中文, or español.

To access customer support online, clients can visit the official TD Ameritrade website at schwab.com, chinese.schwab.com, or international.schwab.com. For those using web-enabled phones, they can find Schwab on their phone's web menu. Additionally, PDA users can consult schwab.com/wireless on their desktop for further assistance.

Conclusion

In conclusion, TD Ameritrade Hong Kong Limited is a regulated brokerage firm authorized by the Securities and Futures Commission (SFC) of Hong Kong. It offers a diverse range of market instruments, including stocks, options, ETFs, bonds, offshore mutual funds, and ADRs/foreign ordinaries. The company provides various account types, such as Individual, Joint, Trust, Corporate, and U.S. Retirement Accounts, with different minimum deposit requirements. TD Ameritrade offers multiple trading platforms, including web trading, StreetSmart Edge®, and Schwab Mobile, to provide access to the U.S. market. They also offer educational resources, workshops, webinars, and market commentary to help investors enhance their understanding of U.S. investing. Payment methods include FPS transfers, cheque deposits, telegraphic transfers, and account transfers. Customer support is available through phone, email, and online channels.

FAQs

Q: Is TD Ameritrade regulated？

A: Yes, TD Ameritrade is regulated by the Securities and Futures Commission (SFC) of Hong Kong.

Q: What market instruments does TD Ameritrade offer？

A: TD Ameritrade offers a diverse range of market instruments including stocks, options, exchange-traded funds (ETFs), bonds, offshore mutual funds, American Depositary Receipts (ADRs), and foreign ordinaries.

Q: What are the minimum deposit requirements for TD Ameritrade？

A: TD Ameritrade requires a minimum deposit of US$25,000 for Individual and Joint accounts, and US$100,000 for Trust accounts.

Q: What trading platforms does TD Ameritrade provide？

A: TD Ameritrade offers web trading, StreetSmart Edge®, and Schwab Mobile as its primary trading platforms.

Q: What educational resources are available at TD Ameritrade？

A: TD Ameritrade offers workshops, webinars, U.S. market commentary, investing education, and daily updates to help investors enhance their understanding of U.S. investing.

Q: What are the payment methods accepted by TD Ameritrade？

A: TD Ameritrade accepts FPS transfers, cheque deposits, telegraphic transfers, and account transfers from another broker. It also accepts payment options such as Mastercard, Visa, and various other methods.

Q: How can I contact TD Ameritrade's customer support？

A: You can contact TD Ameritrade's customer support via phone, email, or by mailing your inquiries to their designated address. They also offer phone-based services and online customer support through their official website.