So if I put 10,000 in and invest 9,500 after all trading fees are taken into account....
My investment portfolio is worth 9,500- fees...andy cash balance is $500.
Maybe there is an annual fee..maybe you made a trade that you had to pay a comission on...they let you go ahead and trade but Now you gotta put dome money into to cover fee.
Your cash balance is a separate amount from the value of your investments. If your investments have increased in value and you sell them it will increase the amount of your cash balance in your TD Ameritrade account. If you still are wondering about this then you can call customer service to ask them to explain it to you.
Scottrade is a great place for new investors. We offer many great research tools including S&P and Reuters analyst reports, stock screeners, and educational videos designed to help you make your own investment decisions. Additionally, while we are unable to provide opinions or comment on specific investments, you will not be alone! We offer world class customer service by phone, email, or your local branch whenever you need assistance.
We have no fees to open or maintain an account. We require an initial deposit of just $500 for all of our account types; however we do not require you to maintain a minimum balance. These will be your funds to trade with, in the account.
The commission for online market and limit stock trades is $7 per transaction for stocks priced $1 and above. This is for any number of shares.
Scottrade Referral Code - “VZDM0130" for 3 Free Trades For Opening A New Account.
Select "Referred By Friend" and enter that code. the free trades appear right after you open your account or within 2 days.
In my TD Ameritrade account, one section says "cash balance" and has the number -$102. But when I look at my stocks, i have gained almost 5% on all my investments except for one which i lost 0.5%. Why is my cash balance -$102 when I have gained money?
