why is my etrade account not approved for trading

Why not try Thinkorswim, who is owned by TDA anyway? Call 800-ETRADE-1 (800-387-2331). This platform has been a nightmare since last Friday. Sup faggots. But, like everything else, these … Has anyone had this problem when they first joined? Still can't find what you need? In order to subscribe to real-time data, you first have to have $1,000 in your account. Not all clients will qualify. If he sues them, they DEFINATELY will not want to do business him. How GetHuman4931091 fixed the problem. Opened last year and took about 5 days for funds to settle and be able to trade. 2k is recommended but not required. Technically, the insurance is valid per customer, not per account. Open Etrade Account Is E*Trade SIPC Insured? This thread is archived. When trading on margin, an investor borrows a portion of the funds he/she uses to buy stocks to try to take advantage of opportunities in the market. They are not the fastest in my experience. Same here. I’m mean what damage am I going to do with just 200, E*TRADE took some money from my bank and I still can’t buy stocks because it says my account hasn’t been approved for trading. Opening an account with Etrade is completely free, however you must deposit a minimum of $500 within 2 months of account opening or they will deactivate it. ToS doesn't have "levels". It took a good 4 days to transfer the funds and 3 more days for them to become available for trading. Why was I not approved for forex trading? An actively traded stock may not trade for a good part of a day due to a trading halt, and thinly traded stocks may sometimes not trade for a day or more due to their ownership structure and investor sponsorship. hide. I would like to know the reason why or get my documents verified. How difficult is it to be approved for options with etrade? save. To add Option Trading to one or more of your accounts, under My Accounts click on Open New Account and select the accounts you want to add options to. Options trading involves risk; is not suitable for all investors; and is subject to approval. I have money being transferred to the account to so idk if it’s my problem or theirs with this. O. Omoh101 Active member. Have no idea how to get my money back now, To get it approved you need to upload your drivers license and SSN which is under customer services. Etrade doesn't want to do business with this guy. How many day trades does Etrade allow on cash account. You will also need to apply for, and be approved for, margin and option privileges in your account . 4 comments. report. Just frustrated this week, I did not have a problem with cash app.. worked like a charm, I have 100 for 13 waiting for Monday. We are available 24 hours a day, 7 days a week. 0 comments. Smh where’s the service. Visit our contact us page. I’ve seen questions about this for new accounts, but not for one that’s been in use for a while. Sort by. Or is this an issue that I have to call about? I was locked out of my account during an extremely volatile time in the market but could not access my account to protect my assets. I made a fidelity account which is what I think I’ll mainly be using. Do you need at least $2000 in your account to trade forex? Press question mark to learn the rest of the keyboard shortcuts. Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC). 2021-02-05 12:46:27 @Grolden87 @Hedn4Hevn @rob67991455 @SilkLifeMedSpa Nice I've been using my Fidelity more lately than TD and Etrade because of the issues they were having past few weeks. I ran into the same issue. Does anyone knows what kind of experience one should have and what should be the account objectives in order to qualify for the level 2. Getting approved for options with Etrade. Hang in there! You might be wondering, with the lack of flexibility in custodial accounts, why not just create a regular investment account under your own name and give the money to your kids on your terms? So should I just say fuck Etrade and use another service that approves options trading much more easily? GetHuman4931091 did not yet indicate what eTrade should do to make this right. Press question mark to learn the rest of the keyboard shortcuts. A corporate manager offered me $100 for my inconvenience and losses. 9 months ago. My Ticker Changed! 656 118. With a TD Ameritrade account, you’ll have access to options trading on our web platform, as well as our more comprehensive platform thinkorswim. Let me suggest something. And E*Trade’s memberships don’t stop with those organizations, either. When trading on margin, an investor borrows a portion of the funds he/she uses to buy stocks to try to take advantage of opportunities in the market. I opened my account at the beginning of this month. Here’s what you need to keep in mind. Trading privileges subject to review and approval. It took a good 4 days to transfer the funds and 3 more days for them to become available for trading. The weird thing is it’s not saying my funds aren’t available for trading, but my entire account which I’m wondering what I can do about that. Complete and sign the application. The Federal Reserve’s Regulation T is one of the key restrictions in the SEC arsenal of tools for controlling day trading. Forex accounts are not available to residents of Ohio or Arizona. Download an application and then print it out. best. Does anyone know why this happens? I have same issues can’t even login to the new account. Not all futures products are available for trading in all account types. Hang in there! I opened my account at the beginning of this month. By using our Services or clicking I agree, you agree to our use of cookies. Check the URL and try again. @LondonBoyPuffy Taken @etrade two months to set up my account and it’s still not working. If you are approved you can start off selling SPX calls if you want. Etrade held my account hostage for about a week and then a corporate manager allowed me to opt out of real time quotes, because etrrade apparently got numerous complaints about their behavior. Account is not approved for trading. Doesn’t help their phone lines are backed up, Press J to jump to the feed. EDIT: In fact Schwab is so bad that when I merely changed my account from my own name to my trust that caused by option trading level to be set back down to level 1. Been waiting for my measly 200 to become active for almost a week now. nunrgguy Established member. I have been trading stocks with Etrade for few years now.

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