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What are the requirements to open an account?
Applicants are required to have at least two years of trading experience and a minimum of 100 lifetime trades executed. All applications are subject to review and approval.
What is the Trade at Cost plan?
The Trade at Cost plan allows clients to trade all investment products at cost. The minimum average daily balance required is $50,000 in cash or $30,000 in margin debt. Clients can always opt to change their commission plan later. It takes one business day for changes to go into effect. Minimum balance must be maintained throughout the entirety of the month, otherwise the commission plan will be changed to the Standard Plan the following month.
Please note: Account approval requires a minimum of two years trading experience and 100 lifetime trades executed.
ToledoTrade is a division of Gar Wood Securities, LLC, through which securities and futures services are offered.