What does Maint required mean TD Ameritrade?

What does Maint required mean TD Ameritrade?

1. That is the maintenance margin required for that position. Whenever you trade using your margin account, you must (by law, and also separately often by stricter policies from the brokerage) have a certain percentage of equity - at least 25%, often higher.2016-08-17

What does it mean when a stock has a maintenance requirement?

Maintenance margin is the minimum equity an investor must hold in the margin account after the purchase has been made; it is currently set at 25% of the total value of the securities in a margin account as per Financial Industry Regulatory Authority (FINRA) requirements.

What is TD Ameritrade maintenance fee?

Account minimum $0 ---------------------------------------------------- -------------------------------------------------------------------- Stock trading costs $0 Options trades No base commission; $0.65 per contract. Account fees (annual, transfer, closing, inactivity) No annual or inactivity fee. $75 full transfer; $0 partial transfer. Number of no-transaction-fee mutual funds More than 3,700.

What is maintenance requirement on thinkorswim?

A maintenance requirement of $2.50 per share is needed for all short stocks trading below $2.50 per share. • A 40% maintenance requirement may be needed if a position represents 70% - 100% of the total marginable long value and short value.