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    Forums ›› Direct-Access Brokers ›› Retail Firms ›› Anyone get thinkorswim/TDAmeritrade to waive commissions?  


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ferrycorsten
 

Registered: Sep 2012
Posts: 127

 

09-21-12 05:22 AM

Has any daytraders out there gotten TDAmeritrade to waive the 9.99 ticket charge or at least lower it for stock and options traders?

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1245
 

Registered: May 2012
Posts: 518

 

09-21-12 10:43 AM

Not for Stock. For options if you do enough volume they will lower or get rid of the ticket charge and you just pay the per option fee plus reg. fees.

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FrankSlaughtery
 

Registered: Aug 2010
Posts: 811

 

09-23-12 12:48 AM


Quote from ferrycorsten:

Has any daytraders out there gotten TDAmeritrade to waive the 9.99 ticket charge or at least lower it for stock and options traders?



you used to be able to get it waived just by asking but that was before the TDA acquisition - the only way to find out now is to ask.

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nillionaire
 

Registered: Jun 2011
Posts: 149

 

09-23-12 02:30 AM

They will lower it if you trade a lot. I got them to lower mine to 7, and heard others have gotten them to lower it to 5.

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badvestor
 

Registered: Nov 2011
Posts: 253

 

09-23-12 10:15 AM

TD Ameritrade has a series of mutual funds you can trade commission free. I posted a thread about this but got no response. Maybe many users don't know this.

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SteveNYC
 

Registered: Jul 2010
Posts: 787

 

09-23-12 10:35 AM


Quote from nillionaire:

They will lower it if you trade a lot. I got them to lower mine to 7, and heard others have gotten them to lower it to 5.



5 bucks per trade? That still sux.

Prop lite firms charge .001-.003 per share. Better deal and lightning fast execution.

So 5 bucks sux.

Besides, the fucking quotes on Thinkorswim seem to lag.

What's up with that? 5 bucks per trade and laggy quotes?

The charts seem to lag also. I compared it to Worden charts and Worden charts seem on time. But then again, Worden has been in this bidness much longer than Wankorswim.

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