Charles Schwab int, Account maintenance minimum, inactivity ? TDA Merger

Hi,

I know they want 25K minimum for opening account?

1- Can you let your account balance drop below 25K ? Is there less than 25K account maintenance minimum.

2- How long you can go without funding your account, once your account opening approved ? will they close you account?

3-Is there an minimum activity fees like IB ?

4- Is there any info when they will merge with TD ameritrade? As TDA they don't open account for my Country, this is the reason i open account with schwab only. Thanks

 

Have you tried asking them directly?

 

I will ask them later for further confirmation ,,, But trying to find out everything that i need to ask them.

Fyi i couldn't find answers on their website or internet.

 

If you are trading equities and your account goes below 25K make sure you understand the Pattern Day Trader Rules. https://www.sec.gov/fast-answers/answerspatterndaytraderhtm.html

 

My question is related to charles schwab, Not PDT. I asked about PDT in another thread.
I already received reply from Schwab and i got the clear picture now.

 

Maybe share the answers here so anyone else that may have the same question doesn't need to start a new thread.