TD Ameritrade Thinkorswim: Account Types And Minimum Deposits

Filed Under » , , ,
By Cory Mitchell Investors and trades can use the thinkorswim platform using a number of different TD Ameritrade account types.

Individual and Joint accounts

Retirement or Individual Retirement Accounts

  • No minimum deposit or maintenance fees.
  • All the same investment choices as individual and joint accounts.
  • Accounts can be as cash, or cash and option.
Education Savings Accounts

  • No minimum deposits although certain plans have a capped deposit amount based on state.
  • All same investment choices (529 plans have limited investment choices).
  • Accounts can be Cash, Cash and Covered Calls.
Figure 1: List of all available accounts



Other accounts include accounts for businesses, trusts and investment clubs. Each is used for different purposes but have very similar features to individual accounts. Funds can be deposited via check, wire transfer, electronic funding or transfer assets.


Next: TD Ameritrade Thinkorswim: Services Offered »


Sign Up For Chart Advisor!

Try Our Stock Simulator!

Test your trading skills!

by

Cory Mitchell

Cory Mitchell
Cory Mitchell is a proprietary trader and Chartered Market Technician specializing in short to medium-term technical strategies. He is the founder of VantagePointTrading.com, a website dedicated to trader education and market analysis.

Graduating with a business degree, Mitchell has been trading multiple markets and educating traders since 2005. He has been widely published and is a member of the Canadian Society of Technical Analysts and the Market Technicians Association. His free weekend newsletter includes trading strategies, tutorials, as well as stock and forex market analysis.

comments powered by Disqus
Related Tutorials

  1. Beginner's Guide To J-Trader

    J-Trader is a platform for trading futures and options that also enables trading ...
  2.

    Beginner's Guide To CQG Integrated Client Trading Platform

    CQG Integrated Client Trading Platform is a robust trading platform that takes time to ...
  3.

    Guide To Smartphone Forex Apps

    Here are 15 apps that can enhance your forex trading.
  4.

    Automated Trading with MultiCharts

    MultiCharts is a professional technical analysis and automated trading software package.
  5.

    Creating Automated Trading Systems Using Interactive Brokers

    Learn how to use this automated global electronic market maker and broker.
Recommended
Loading, please wait...
See More »
Trading Center