lowman. I am interested in one of the stocks of interest but TD has it restricted. If a guy wants to find a brokerage that allows the trade of this TD restricted stock, can you suggest a good brokerage and also, is starting fresh with a second brokerage or simply transferring funds from TD to a new brokerage the way to go?
TD charges a few bucks to transfer an entire account out but I don't know if they charge to simply transfer some funds to the new brokerage and keep TD open other than normal transfer/wire fees?
I can figure the latter out myself, just need to get some feed back on what is possibly my best route to go?
Usually stocks are restricted because it's a really bad idea to buy the stock longterm.
But with that disclaimer I've been a Schwab customer for 25 years, and I've been very happy the whole time. Consider calling/visiting one of their offices and seeing if they'll provide the services you need. I have never heard of them restricting a stock, or forbidding on-line orders.
Badge was in the same shoes as you and made the mistake of transfering his whole account. I simply had TD transfer 99% of my funds, and now all I have with them is a few shares of an old hopeful. I liked there watchlist better than the new accounts', so each day, that's the one I use.
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