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Author: Admin | 2025-04-28
Reference Number or Name: Obtain this information from the broker’s website.Search the ASIC Register: Visit the ASIC Financial Services Register and enter the broker’s reference number or name.Check the Broker’s Authorization: Ensure that the broker is authorized to provide “Rolling spot forex contract” services to retail customers in Australia.Match Firm Details: Verify that the details on the ASIC website, such as the broker’s website and email, match those provided by the broker. Any discrepancies might indicate an unauthorized broker, and you should avoid trading with them.Frequently Asked Questions ( FAQs) What is TD Ameritrade? Founded in 1971 as Ameritrade, TD Ameritrade is a well-known American online brokerage firm that offers a wide range of financial services including stocks, Forex, options, ETFs Mutual Funds, fixed income, and other investment products TD Ameritrade went through a couple of acquisitions and mergers. In 2006, it acquired the US operations of TD Waterhouse, followed by the acquisition of Scottrade in 2017. Finally, in 2020, Charles Schwab Corporation acquired TD Ameritrade. TD Ameritrade provides access to both US and non-US traders to trade on this platform.Is TD Ameritrade Considered Safe?Yes, TD Ameritrade is considered safe. The broker is regulated by multiple top-tier regulatory authorities, including SEC, FINRA, SIPC. It offers negative balance protection and holds client funds in segregated bank accounts. Does TD Ameritrade Offer Negative Balance Protection? Yes, TD Ameritrade offers negative balance protection. All ASIC-regulated brokers must offer negative balance protection. Negative balance protection means that traders are protected from losing more money than they have in their trading accounts. If a trade results in losses that exceed the amount of funds in the account, negative balance protection ensures that the trader’s balance cannot go below zero. This prevents the trader from owing the broker any additional money.Is TD Ameritrade regulated in Australia?No, TD Ameritrade is not regulated in Australia. The broker is not regulated by ASIC, the Australian regulator. However, it accepts Australian clients under its global entity. TD Ameritrade is regulated by several other authorities, including SEC, FINRA, SIPC. Disclosure: At Brokersway we're committed to delivering unbiased information. our opinions are
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