What are the options for trading digital currencies on TD Ameritrade after regular market hours?
Johnston LodbergDec 17, 2021 · 3 years ago3 answers
Can you provide some information about the options available for trading digital currencies on TD Ameritrade after regular market hours?
3 answers
- Dec 17, 2021 · 3 years agoSure! TD Ameritrade offers extended trading hours for certain digital currencies. This means that you can trade these currencies even when the regular market is closed. It's a great option for those who want to take advantage of price movements that occur outside of regular trading hours. Just keep in mind that the liquidity and trading volume may be lower during extended hours, which can affect the execution of your trades.
- Dec 17, 2021 · 3 years agoAbsolutely! TD Ameritrade allows you to trade digital currencies after regular market hours through their thinkorswim platform. This platform provides access to a wide range of digital currencies, including Bitcoin, Ethereum, Litecoin, and more. It's a convenient option for traders who want to stay active in the market outside of regular trading hours. However, it's important to note that the prices of digital currencies can be more volatile during extended hours, so it's essential to exercise caution and use appropriate risk management strategies.
- Dec 17, 2021 · 3 years agoYes, you can trade digital currencies on TD Ameritrade after regular market hours. However, it's worth mentioning that TD Ameritrade does not directly support digital currency trading. Instead, they offer access to digital currency futures contracts through the CME Group's Bitcoin futures. This means that you can trade Bitcoin futures on TD Ameritrade's platform even when the regular market is closed. It's a unique option for traders who want exposure to Bitcoin without actually owning the underlying asset. Just be aware that trading futures contracts involves a different set of risks compared to trading the actual digital currencies.
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