• Get $40 off VIP by signing up for a free account! Sign Up

ThinkorSwim minimum balance for real time quotes

Just wanted to let you guys know, if it hasn't already been discussed here. Was told by support it is a new rule. TD Ameritrade now requires $500 minimum balance for real time quotes. This is only applied to paper trading account. You can still just go to the live side and get the real time data for free.
 
My guess is that they are looking to address the data dissemination issues they have.
100% guarantee you that it's because people are using other free brokerages like RobinHood and then signing up for papertrading at TD with $10 just to take advantage of the TOS platform to make decisions. We used to deal with crap like that all the time and that was before free commissions
 
100% guarantee you that it's because people are using other free brokerages like RobinHood and then signing up for papertrading at TD with $10 just to take advantage of the TOS platform to make decisions. We used to deal with crap like that all the time and that was before free commissions

I once asked TDA (at an upper-mid level mgmt level) if they would consider tiering commission rates and then guarantee service levels, eg, the more you paid in commissions (or bigger balance) the better service. They said they were all for increasing mkt share and would never do that.

Maybe this is a first baby step in that direction.
 
I once asked TDA (at an upper-mid level mgmt level) if they would consider tiering commission rates and then guarantee service levels, eg, the more you paid in commissions (or bigger balance) the better service. They said they were all for increasing mkt share and would never do that.

Maybe this is a first baby step in that direction.
LOL that guy straight up lied to you. If your account balance is high enough or you trade a certain amount per month there is a negotiating threshold for commission rate changes. You request a commission negotiation and mgmt reviews your account and trade history. Things might have changed since the no commission stuff kicked in though. For service level changes, that doesn't kick in until you hit PCS (private client services) and you have to have $1mil with TD. PCS people get to do whatever the hell they want and have a totally separate phone line to call.
 
I was looking for guaranteed uptime and different ip routing where I would be switched over to less congested servers/lines. At the time, its what another firm was offering

imo, td is pretty flexible if you trade at specific levels.
 
I was looking for guaranteed uptime and different ip routing where I would be switched over to less congested servers/lines. At the time, its what another firm was offering

imo, td is pretty flexible if you trade at specific levels.
Ohhh I gotcha. Yea, to my knowledge they've never had anything like that. Part of the consideration would be that the brokerage is TD but the platform is ToS and they're 2 different companies based in 2 different places (ToS is in Chicago). So there would have to be a system that is set up by both to allow something like that and they probably just don't want to bother.
 
I feel a bit limited with scanning stocks and options because of the study filter being blocked on practice accounts. I also don't live in the US so i can't open up a live account. Is there any sort of work around to get these study filters working?
 
I feel a bit limited with scanning stocks and options because of the study filter being blocked on practice accounts. I also don't live in the US so i can't open up a live account. Is there any sort of work around to get these study filters working?

No other way around it.
 
@wildeye as @BenTen stated, there is no way around setting up a live account... The reason behind this is that the platform shouldn't be abused as simply a free research service for folks who have trading accounts on other platforms... Only those with vested interests, in the form of a funded account, get all of the goodies... I surely couldn't find fault for following this business model...
 

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
632 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top