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WELTRADE , Charles Schwab Broker Comparison

Do you want to know which is the better broker between WELTRADE and Charles Schwab ?

In the table below, you can compare the features of WELTRADE , Charles Schwab side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
WELTRADE
5.74
Regulated
Under guarantee
15-20 years
NBRB,FSC,FSCA
Skrill,VISA/MASTERCARD,Neteller,IDLB,FASAPAY,DIGITAL,PerfectMoney
D
D
862.6
62
62
609
1844
1689
1844
A

EURUSD: 0.3

XAUUSD: 0.4

29
-6
29
D
20.42 USD/Lot
70 USD/Lot
D

Long: -7.5

Short: -2.5

Long: -43

Short: -30

AA
0.3
69.6
Pro,Premium,Micro
--
100 USD
1:1000
from 0.5
10.00
Floating
0.01
--
Charles Schwab
6.92
Regulated
Under guarantee
--
--
5-10 years
SFC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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WELTRADE 、 Charles Schwab BrokersRelevant information

WELTRADE 、 Charles Schwab BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of weltrade, td-ameritrade lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

weltrade

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

WELTRADE Review Summary in 10 Points
Founded 2006
Registered Country/Region Saint Vincent and the Grenadines
Regulation FSCA (exceeded)
Market Instruments forex, Index CFDs, commodities, stock CFDs, metals and digital currencies
Demo Account Available
Leverage 1:1000
EUR/USD Spread Floating from 0.5 pips
Trading Platforms MT4, MT5
Minimum deposit $1
Customer Support 24/7 live chat, phone, email

What is WELTRADE?

Established in 2006, WELTRADE, a trading name of Systemgates Capital Ltd, is allegedly an online CFDs broker incorporated in Saint Vincent and the Grenadines and regulated in Belarus that provides its clients with the worlds most widely-used MetaTrader4 and MetaTrader5 trading platforms, flexible leverage up to 1:1000, floating spreads on various tradable assets, a choice of four different live account types, as well as auto-trading service and 24/7 customer support service. As for regulation, WELTRADE holds an exceeded Financial Sector Conduct Authority (FSCA) license.

WELTRADE's home page

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

WELTRADE has several advantages, such as a variety of trading instruments, flexible leverage options, and a range of account types suitable for traders at different levels. The broker also provides a range of trading platforms and tools, as well as 24/7 customer support.

However, the negative reviews from some customers regarding withdrawal issues and scams are concerning. Additionally, the lack of valid regulatory license may be a cause for caution. Traders should always exercise caution when selecting a broker and conduct thorough research before investing.

Pros Cons
• Negative balance protection • Exceeded FSCA license
• Multiple account types to choose from • Negative reviews and reports of scams
• Flexible leverage options • Clients from the USA, Canada, EU, Belarus and Russia are not accepted
• Low spreads with no commissions
• MT4 and MT5 supported
• Low minimum deposit ($1)
• Multiple deposit and withdrawal methods
• 24/7 customer support

WELTRADE Alternative Brokers

    There are many alternative brokers to WELTRADE depending on the specific needs and preferences of the trader. Some popular options include:

    • CMC Markets - A reliable broker with a long history and competitive pricing.

    • FOREX TB - A broker with a wide range of trading instruments and a user-friendly platform.

    • GMO - A well-known Japanese broker with with a strong focus on technology and innovation.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is WELTRADE Safe or Scam?

The fact that WELTRADE is regulated by Financial Sector Conduct Authority (FSCA) in South Africa is a positive point, but the negative reviews from clients are concerning. The negative reviews, including clients saying they are unable to withdraw and accusing WELTRADE of being a scam, cannot be ignored.

The fact that WELTRADE offers negative balance protection is a good thing, but it does not necessarily guarantee the safety of the investment. It is important to exercise caution when investing with any broker, and it is recommended to thoroughly research and gather information before making any investment decisions.

Market Instruments

WELTRADE offers a diverse range of market instruments to trade including Forex, metals, commodities, index CFDs, and CFDs for digital instruments such as Bitcoin, Litecoin, and Ethereum. The Forex instruments include a variety of major, minor, and exotic currency pairs, with competitive spreads and high leverage options available. The commodity markets available to trade include precious metals like gold and silver, as well as energy products such as oil and gas.

Furthermore, traders can also access a variety of CFDs on popular stock indices from around the world. WELTRADE's offering of digital instrument CFDs allows traders to participate in the growing cryptocurrency market with competitive conditions.

Accounts

WELTRADE's account types cater to traders of all levels, with the Micro account being suitable for beginners and the Premium account for advanced traders.

The Micro account has a minimum deposit requirement of $1, making it accessible for those who want to start with a small investment. The Pro account requires a minimum deposit of $100, and it is considered the best choice according to the broker's website. The Premium account requires a minimum deposit of $25,000 and offers additional features and benefits for advanced traders.

It is worth noting that traders should carefully consider their level of experience and investment goals when choosing an account type.

Account type Micro Pro Premium
Minimum deposit $1 $100 $25
Average speed of deal execution from 0.9 second from 0.5 second from 0.8 second
Account currency cents USD / cents EUR USD USD / EUR
Spread Floatingfrom 1.5 pips Floatingfrom 0.5 pips Floatingfrom 1.5 pips
Minimum volume of one order 0.01 lots
Maximum volume of one order 1000 lots 100 lots 100 lots
Leverage 1:33 - 1:1000 1:1-1:1000 1:33 - 1:1000
Margin Call Level 100%
Stop Out Level 10%, 20% for digital instruments
Interest rate / 5% 3.5%
Interest rate No
Trading platform MetaTrader 4 / MetaTrader 5
Automatic trading Yes
Swap

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Micro or Premium account can enjoy flexible leverage ranging from 1:33 to 1:1000, while the Pro account with the leverage of 1:1-1:1000. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are influenced by what type of accounts traders are holding. WELTRADE reveals that the spread on the Micro and Premium accounts is floating from 1.5 pips, while the clients on the Pro account can experience floating spreads from 0.5 pips. All charging no commissions. It is important for traders to understand the different spread and commission structures before opening an account with WELTRADE.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commissions
WELTRADE From 0.5 pips None
CMC Markets From 0.7 pips None
FOREX TB From 0.5 pips None
GMO From 0.8 pips None

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

When it comes to trading platforms available, WELTRADE gives a variety of trading platforms to suit different traders' needs. The popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are available for download on iOS and Android devices, as well as on desktop and Mac OS. These platforms are well-known in the industry for their user-friendly interface, advanced charting tools, and the ability to support automated trading through the use of Expert Advisors.

In addition, WELTRADE also offers the Web Terminal platform, which is accessible through a web browser, allowing traders to trade from any device with an internet connection.

MT4 and MT5

Overall, WELTRADE's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platforms
WELTRADE MT4, MT5
CMC Markets CMC Next Generation, MT4, MT5, Stockbroking platform
FOREX TB MT4, MT5, WebTrader, MobileTrader
GMO Z.com Trader, MT4, FXBook Mobile, Z.com Trader Mobile, FXBook Web

Note: This table is subject to change as brokers may add or remove trading platforms over time.

Trading Tools

In addition to its trading platforms, WELTRADE provides traders with some trading tools to assist with their trading decisions. One of these tools is the Trading Calculator, which enables traders to estimate their potential profits or losses on a trade before executing it.

The Economic Calendar is also available to traders, which shows upcoming economic events and releases and their expected impact on the markets. These tools can be useful for traders who want to keep up with the latest market news and make informed trading decisions.

Trading Tools

Deposits & Withdrawals

WELTRADE accepts deposits and withdrawals with credit/debit cards, like Visa and MasterCard Skrill, Neteller, digital currencies, Perfect Money, Indonesia Local Bank, and Fasapay,making it convenient for traders from different countries. The minimum deposit amount depends on the terms of the payment system.

WELTRADE minimum deposit vs other brokers

WELTRADE Most other
Minimum Deposit $1 $100

Deposits via Indonesia Local Bank can be processed in 24 hours, while other deposits are instant. All withdrawal requests are said to be processed within 30 minutes and the broker supports 24/7 withdrawals. More details can be found in the below screenshots.

However, it is important for traders to carefully review the terms and conditions of each payment method, as well as any potential fees or limitations that may apply. More details can be found in the below screenshots.

Deposits
Withdrawals

Customer Service

It is a good sign that WELTRADE offers multiple ways to get in touch with their customer support team, including 24/7 Live chat, phone, email, online messaging, or request a callback. The broker also has a presence on popular social media platforms, including Twitter, Facebook, Instagram and Line, which may be convenient for some traders. It should be noted that the broker is registered in Saint Vincent and the Grenadines, which is not a heavily regulated jurisdiction, so traders should exercise caution and do their due diligence before investing.

Customer Service
Customer Service

Overall, WELTRADE's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• 24/7 multi-channel support available • Registered address is shady
• Active presence on social media platforms for easy communication
• Support for multiple languages

Note: These pros and cons are subjective and may vary depending on the individual's experience with WELTRADE's customer service.

Education

WELTRADE offers a range of educational resources to help traders improve their knowledge and skills. The broker provides market news and analytics to keep clients updated on the latest market trends and developments. In addition, WELTRADE offers training and seminars to help traders learn the basics of trading, as well as more advanced strategies. The MetaTrader guide is also available for traders to learn how to use the trading platform effectively. These educational resources can help traders make better-informed trading decisions and improve their overall trading performance.

User Exposure on WikiFX

It is important to exercise caution when investing with any broker, and this includes WELTRADE. It is concerning to see reports of scams and issues with withdrawals from some users. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Conclusion

Based on the information available, WELTRADE is a Forex and CFD broker offering a range of trading instruments, account types, and platforms. It has some attractive features such as competitive spreads, a wide range of payment methods, and negative balance protection.

However, there are also some concerns raised by clients regarding withdrawal issues and scams. Additionally, the broker is registered in Saint Vincent and the Grenadines, which is a less regulated jurisdiction compared to major financial centers. Traders should exercise caution and conduct their own research before investing with WELTRADE or any other broker.

Frequently Asked Questions (FAQs)

Q 1: Is WELTRADE regulated?
A 1: No. WELTRADE holds an exceeded Financial Sector Conduct Authority (FSCA) license.
Q 2: At WELTRADE, are there any regional restrictions for traders?
A 2: Yes. Not for residents of the USA, Canada, EU, Belarus and Russia and other not-supported (restricted) countries.
Q 3: Does WELTRADE offer demo accounts?
A 3: Yes.
Q 4: Does WELTRADE offer the industry-standard MT4 & MT5?
A 4: Yes. Both MT4 and MT5 are supportable.
Q 5: What is the minimum deposit for WELTRADE?
A 5: The minimum initial deposit to open an account is only $1.
Q 6: Is WELTRADE a good broker for beginners?
A 6: No. WELTRADE is not a good choice for beginners. Though it seems to offer competitive trading conditions, it lacks legitimate regulation.
td-ameritrade
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.

basic-info

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.

regulation

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.

market-instruments
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.

account-types
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.

account-type

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.

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

open-account
  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.

open-account
  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.

fees

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.

Web trading
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.

educational-resources

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.

trading-platform

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.

payment

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.

Are the transaction costs and expenses of weltrade, td-ameritrade lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive weltrade and td-ameritrade are, we first considered common fees for standard accounts. On weltrade, the average spread for the EUR/USD currency pair is from 0.5 pips, while on td-ameritrade the spread is --.

Which broker between weltrade, td-ameritrade is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

weltrade is regulated by NBRB,FSC,FSCA. td-ameritrade is regulated by SFC.

Which broker between weltrade, td-ameritrade provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

weltrade provides trading platform including Pro,Premium,Micro and trading variety including --. td-ameritrade provides trading platform including -- and trading variety including --.

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