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Small Business Accounts     Hedge & Mutual Fund (Institutional Accounts)

 

 

Get Started with Low Fees and Low Account Equity Minimums in your US or International Account


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Welcome to Place Trade!

Please feel free to call us at 1-800-50-PLACE (507-5223) and we will be happy to help you get startedopen your account, transfer your account from another firm, rollover your IRA or 401(k) or discuss the different options available to you.

Ask us about our low account equity minimums, extremely low margin rates or which forms you will need. You may open an account on your own, online, in person or via faxing or scanning your account applications to us.  

 

     
 

Please Note:

You Do NOT need $10,000 to open an account. If you see a message that says this during the account application/funding your account process please let us know right away. This is not the case. Learn more about our new account equity minimums by following this link. 

 
     

 

 

Domestic Accounts

Place Trade Financial requires a minimum equity investment of $5,000 for Individual,* Joint, Trust, Corporate and Partnership brokerage accounts as well as mutual and hedge fund management accounts. The minimum equity investment to open an IRA is $3,000. The minimum equity investment to open an account may consist of cash and/or securities. It does not have to be all cash. 

*For individuals between the ages of 21-26 we have a reduced minimum equity investment of only $3,000. 

 

International Accounts

Place Trade Financial offers clients the opportunity to trade in over 100 market centers/exchanges around the world. Place Trade's award winning trading platforms are available in multiple languages and currencies.

Place Trade clients may choose a base currency to trade in and are not required to deal in US dollars ($). When you open your account you will have the opportunity to choose your base currency from most major currencies around the world as well as the language that you wish to trade in. As with all other accounts; you must have the availability of cleared funds prior to investing. Receipt of wire transfer of funds from a US affiliated bank constitutes "cleared funds."

 

Low Minimum Equity Investments for International Accounts

Place Trade Financial requires a low minimum to open an international account. Open an account with a minimum of $5,000 equity in any combination of US dollars and/or US exchanged traded securities.  

 

     
 

No fees for postage and handling! (Domestic or international accounts.) Accounts are not charged for postage and handling as all statements, confirms and other notifications are delivered electronically (via email). If you elect to receive your confirmations via US mail, each confirmation, statement, notification, etc will have a postage and handling fee assessed. Confirmations, notifications, statements, etc. sent via email do not incur fees.

View Other Potential Fees

 
     

 

Get great service along with some of the lowest commission and margin rates of nearly any national brokerage firm!

 


 

Stock Commissions - Asia-Pacific Markets      Stock Commissions - European Markets      Stock Commissions - North American Markets

 

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Reasons to Choose Place Trade

What are SEC fees? 

Check out our Super Low Commissions and Margin Rates

Small Business Accounts     

Hedge & Mutual Fund (Institutional Accounts)

 

 

 

 

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Learn more about retirement planning by visiting some of the links below:

Roth IRA

SEP IRA

SIMPLE IRA

Traditional IRA

Qualified Plans

Rollover IRAs

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:


Coverdell ESA

529 College Savings Plans

UGMA/UTMA Accounts