Get Started > Individuals
Get Started with Low Fees and Low Account Equity Minimums in your US or International Account
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 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, 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.
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 $3,000.
Place Trade Financial offers clients the opportunity to trade in over 100 market centers/exchanges around the world. Place Trade's award winning trading platforms are available in multiple languages and currencies.
Place Trade clients may choose a base currency to trade in and are not required to deal in US dollars ($). 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."
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.
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