Is TD Ameritrade close to bankruptcy? A personal Review
Sometimes all that glitters is not gold when it comes to investing and the online stock trading, in fact it can be a HAIR PULLING experience when it comes down to a simple trade. All the discount online trade accounts be it Alpaca , Robin Hood , Webull , Ameritrade even Charles Schwab . You can be sure they will quickly take your money and put it to good use... for them... Here is what we found when it came to getting your money back to use for other things.. So if you are trading with Ameritrade or similar online trading account be aware that in case of urgency or emergency you won't and will not get your money back the same day or even the next... The reasons are many and all lawful. They are required by law to hand you the money 2 business days. But that won't happen # 1 They will wait until the end of the day to make the trade you ordered in the morning # 2 They will then send you a message telling you "You have unsettled funds." You now have to wait 2 f...