A Beginner's Guide To Td Direct Investing

TD Direct Investing is an online brokerage platform that offers a range of trading platforms, tools, and educational resources to help investors at any stage of their investing journey. It provides access to various investment types, including stocks, mutual funds, exchange-traded funds (ETFs), and options. TD Direct Investing also offers different platforms, such as TD Easy Trade, a commission-free mobile app, and WebBroker, which provides access to account balances, investing activities, research, and market insights. The platform also offers resources and insights to help investors make informed decisions. Additionally, TD Direct Investing provides clear and simple pricing, with standard and active trader commission rates for stocks and options.

TD Direct Investing: Getting Started

TD Direct Investing is Canada's top digital brokerage, offering the tools, resources, and analyst insights to help investors take their investing abilities to the next level. It provides different platforms for different investors, whether they are looking to accelerate their investing skills or take it slow.

How to Get Started with TD Direct Investing:

• Choose the Right Account: TD Direct Investing offers a range of account types, including Cash, Margin, TFSA, and RSP accounts. Select the one that best suits your needs and goals.
• Open an Account: You can open an account online or by contacting their licensed representatives. Take advantage of any promotional offers for new clients, such as fee reimbursements for transferring funds from another brokerage.
• Make Your First Deposit: You can transfer funds to your TD Direct Investing account from any bank account, including TD Canada Trust accounts, using Interac e-Transfer.
• Choose Your Trading Platform: TD offers various trading platforms, including the TD App, WebBroker, Advanced Dashboard, and TD Active Trader, each with its own features and suitability for different investor needs.
• Start Investing: With your account set up and funded, you can begin investing in various products, such as stocks, mutual funds, ETFs, options, and fixed-income securities.

Additional Tips:

• Educational Resources: TD Direct Investing provides educational resources, articles, videos, and masterclasses to help new investors build their foundation and expand their knowledge.
• Transferring from Another Brokerage: If you are transferring from another brokerage, ensure you provide the necessary documentation and take advantage of any fee reimbursement offers.
• Customer Support: TD Direct Investing offers customer support from Monday to Friday, 7 am to 10 pm ET, with Investment Representatives available to assist you in multiple languages.

With its range of platforms, tools, and resources, TD Direct Investing is a great option for those looking to start their investing journey or take their investing skills to the next level.

How to transfer funds to a TD Direct Investing account

There are several ways to transfer funds to a TD Direct Investing account. Here is a step-by-step guide:

• Using EasyWeb or the TD app: If you have a TD Canada Trust account, you can use EasyWeb or the TD app to transfer funds to your TD Direct Investing account easily. Go to the "Transfers & Withdrawals" section of EasyWeb, select the appropriate option for your transfer, and follow the prompts.
• Instant transfer from another bank: You can instantly transfer money from another bank up to your daily limit using Interac e-Transfer. In the Transfers section of WebBroker, select the "From Outside TD" tab, choose the account, amount, and your email, then follow the prompts.
• Transfer from another brokerage: If you are transferring from another Canadian brokerage, TD Direct Investing may cover your transfer fees up to $150. You can open a new TD Direct Investing account and set up the transfer simultaneously.
• Recurring deposits: You can set up a Monthly Contribution Plan (MCP) or Pre-Authorized Deposit (PAD) to automatically transfer funds from your TD Canada Trust account or another financial institution to your TD Direct Investing account.
• In-person at a TD branch: You can visit a TD Canada Trust branch to transfer funds to your TD Direct Investing account.
• By phone: You can call TD Direct Investing at 1-800-465-5463 to speak to an Investment Representative and request a transfer.

Remember to review any applicable fees, restrictions, or requirements before initiating a transfer. Additionally, keep in mind that transfer times may vary depending on the method chosen.

TD Direct Investing: Platform overview

TD Direct Investing is an online brokerage platform that offers a range of trading platforms, tools, and educational resources for investors of all experience levels. The platform provides access to various investment options, including stocks, mutual funds, exchange-traded funds (ETFs), and options. It also offers different types of accounts, such as Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP).

One of the key features of TD Direct Investing is its user-friendly interface, making it easy for investors to navigate and access the information they need. The platform provides real-time market data and quotes for Canadian and US markets, along with exclusive research reports and educational resources.

For new investors, TD Direct Investing offers a commission-free mobile app called TD Easy Trade, which allows users to start trading with just a few taps. The app also provides access to how-to investing videos and allows users to hold funds in Canadian and US currencies, saving on conversion fees for cross-border investments.

For those who prefer a web-based platform, TD Direct Investing offers WebBroker, a feature-rich platform that provides account balances, investing activities, research, and market insights. WebBroker can be customized to suit individual preferences, and it also offers a robust investor education centre.

Additionally, TD Direct Investing provides advanced platforms such as Advanced Dashboard and TD Active Trader for active traders who require more sophisticated tools and features.

When it comes to funding your account, TD Direct Investing offers several convenient options. For TD Canada Trust clients, transferring funds to a TD Direct Investing account can be done easily through EasyWeb or the TD app. Instant transfers from other banks are also available using Interac e-Transfer.

TD Direct Investing also offers reimbursement of transfer fees of up to $150 when clients transfer their accounts from another brokerage, making it a cost-effective option for those looking to switch platforms.

Overall, TD Direct Investing provides a comprehensive suite of tools and resources for investors of all levels, with a focus on flexibility and accessibility. With its user-friendly interface and broad range of investment options, it is a popular choice for those looking to take control of their financial future.

TD Direct Investing: How to trade

Trading with TD Direct Investing can be done through the TD app or the WebBroker platform. The TD app is a mobile app that allows you to trade Canadian and US stocks and exchange-traded funds (ETFs) through your TD Direct Investing account. The app also enables you to change or cancel unfilled orders in real time without any additional fees. To trade using the app, log in with your EasyWeb or WebBroker credentials, navigate to the Account screen, and select Trade to begin the order entry process.

The WebBroker platform provides access to various investment options, including stocks, mutual funds, ETFs, options, and fixed income. It offers tools for monitoring markets, investments, and tools for research and insights. To get started with WebBroker, you can follow the prompts after opening an account online or contact TD Direct Investing for assistance.

Funding your TD Direct Investing account can be done through a TD Canada Trust account or via Interac e-Transfer from other financial institutions. With a TD Canada Trust account, you can use EasyWeb or the TD app to transfer funds instantly. For Interac e-Transfers, you can transfer up to your daily limit from other financial institutions to your TD Direct Investing cash or margin account.

Additionally, TD Direct Investing offers educational resources and workshops to help new investors build their knowledge and confidence. These resources include articles, videos, masterclasses, and webinars covering various investing topics.

TD Direct Investing: How to open an account

Opening an account with TD Direct Investing is a quick and easy process. Most of the popular account types, such as RRSPs, TFSAs, Margin and Cash accounts, can be opened online. To get started, go to the TD Direct Investing website, select an account and click apply.

When applying, make sure to have a piece of government-issued photo ID (e.g. driver's license, health card or passport) to hand, as you may be asked to submit a copy. You should also have the following information readily available, as you will be asked several questions throughout the application process:

• Date of birth
• Social Insurance Number
• Employment information
• Annual income
• Net worth
• Investment knowledge and experience

Your application should take just a few minutes to complete, and you will be notified by email when your account is ready for use.

In some cases, account applications may need to be processed at a branch. If you are applying through the branch, make sure you book an appointment to ensure that someone will be available to assist you.

With these steps, you should be well on your way to having your new account ready to start investing.

Making your first deposit

Once you've opened a TD Direct Investing account, you can use EasyWeb or the TD app to transfer funds to it. Here's how:

• Go to the Transfers & Withdrawals section of EasyWeb
• Pick the option that suits your transfer, then select the Between My TD Accounts tab
• Fill in the transfer details
• Pick your accounts, enter the amount, then select Continue
• Review your transfer and select Confirm Transfer to complete the transaction, or Back to make changes

You can also instantly transfer money from another bank using Interac e-Transfer. Here's how:

• Go to the Transfers section of WebBroker
• Select the From Outside TD tab
• Select the account you wish to transfer to, the amount and your email, then hit Continue
• Select the bank you wish to collect the funds from and hit Accept Request
• Sign into the bank account where the funds are coming from and complete the transaction

Personalising your account

You can personalise your account by adding a beneficiary or trading authority, or setting up a recurring deposit or a Dividend Reinvestment Plan.

Registering for WebBroker

If you opened your account online, follow the prompts to access WebBroker. Otherwise, you can call TD Direct Investing for assistance.

Trading on the go with the TD app

After you've set up your online access to WebBroker, you can use the TD app to monitor your portfolio and trade while you're on the move.

Frequently asked questions