/----/ With Zero Commissions the brokers are going Broke. So try that Internet thingy to make your trades. And you can open an account with only ZERO dollars. Save up your coins and when you get $500 buy some stock or an ETF.This does act like the start of a buying boom. what do you think?
Buying Boom for which Individuals?
What % of the US population has the opportunity to even invest current cash on hand?
What % of the US population has the opportunity to take their massive stash of CASH and buy stock?
What % of the US population has the opportunity to EFFECTIVELY move money currently in their retirement funds?
What % of the US population has the opportunity call their broker on a daily basis and get immediate response?
What % of the US population has the opportunity to alter automatic deposits into retirement plans that they cannot easily alter?
I'm guessing that all of the above cater to the Ultra Rich.
TD Ameritrade
What is the minimum amount required to open an account?
There is no minimum to open a new account; however, a $2,000 deposit is required to be considered for margin and options privileges, regardless of any promotional offer.