Are there any restrictions or requirements for shorting cryptocurrencies on TD Ameritrade?

3 answers

• Harboe ChristianMay 02, 2021 · 4 years ago
  Shorting cryptocurrencies on TD Ameritrade is subject to certain restrictions and requirements. In order to engage in short selling, you need to have a margin account with TD Ameritrade. Additionally, you must meet the minimum equity requirement of $2,000. It's important to note that not all cryptocurrencies are available for shorting on TD Ameritrade. The availability of shorting varies depending on the specific cryptocurrency and market conditions. It's always recommended to check with TD Ameritrade or refer to their official documentation for the most up-to-date information.
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• Andrew FrappaMay 23, 2022 · 3 years ago
  Shorting cryptocurrencies on TD Ameritrade is not available for everyone. Only clients with a margin account and sufficient equity are eligible for short selling. The minimum equity requirement is $2,000. Furthermore, not all cryptocurrencies can be shorted on TD Ameritrade. The availability of shorting depends on various factors such as market conditions and liquidity. It's advisable to consult TD Ameritrade's guidelines or contact their customer support for detailed information on the restrictions and requirements.
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• AadilJun 22, 2020 · 5 years ago
  Shorting cryptocurrencies on TD Ameritrade requires a margin account and a minimum equity of $2,000. However, it's worth noting that TD Ameritrade does not currently offer cryptocurrency trading. If you're interested in shorting cryptocurrencies, you may consider using other platforms or exchanges that specialize in cryptocurrency trading, such as BYDFi. These platforms often have more flexibility and options for shorting cryptocurrencies. It's always recommended to do thorough research and choose a platform that aligns with your trading goals and preferences.
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