I don't get it, are you saying you are "for" or "against" opening an account with a broker? On one hand, it seems like your saying that you are more of a paranoid type about privacy and that you have to provide a potential broker a lot of private information, and on the other hand it seems like...
This is from the SpeedTraders' website:
"SPEEDTRADER ACCEPTS APPLICATIONS FOR MARGIN AND OPTION ACCOUNTS ONLY NO CASH ACCOUNTS ACCEPTED – MINIMUM DEPOSIT $15,000 FOR US AND $25,000 FOR FOREIGN CLIENTS. Day Trading Accounts : There is a $25,000 minimum required to establish a day trading...
Then why the hell have I created a SureTrader account and provided all this information?
Is it fit for doing day trading? Why would one create a SureTrader/SpeedTrader account vs a TD Canada Trust account?
I'm a complete beginner at this, so please bare with me!
I didn't know you could open a trading account with TD Canada Trust...
What's the difference between opening a SureTrader account vs a TD Canada Trust account? Is there a 25k minimum deposit?
I also have to provide my passport, driver license and social security number.
Is SureTrader a reputable broker?
Since I'm from Canada, I don't think my data will be reported to IRS. Maybe a similar Canadian institution?
Thanks for the reply Conduit!
Hey guys, I'm just getting started with day trading. Since I don't have 25k (or 15k) to create a SpeedTrader account, I'm just going to create a SureTrader account.
I am astonished at all the very sensitive information that needs to be provided when creating an account. It makes me very...