Welcome to Place Trade. Feel free to call us at 1-800-50-PLACE (507-5223) and we will be happy to help you get started, open 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, 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.
Domestic Accounts
Place Trade Financial requires a minimum equity investment of $5,000 for Joint, Trust, Corporate and Partnership brokerage accounts. The minimum equity investment to open an IRA is $3,000.
International Accounts
Place Trade Financial offers clients the opportunity to trade in over 90 market centers around the world. State of the art trading platforms are available in .
Place Trade clients may choose a base currency to trade in and are not required to deal in US dollars ($). 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."
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 fees for 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.
Place Trade Financial offers a variety of account types including:
Check out our Super Low Commissions and Margin Rates
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