Can I transfer an existing debit balance and/or options contracts to TD AMERITRADE?
If you are transferring a margin and/or options account with an existing debit balance and/or options contract, please make sure you have been approved for margin/options trading in your TD AMERITRADE account. Please refer to your Margin Account Handbook or contact a TD AMERITRADE representative to ensure that your account meets TD AMERITRADE’s margin requirements. IRA debit balances Many firms will charge fees to transfer your account, which may result in a debit balance after your transfer is completed. Debit balances must be resolved by either: 1) funding your account with an IRA contribution (IRA contributions must be in accordance with IRS rules and contribution limitations); or 2) liquidating assets within your account. To avoid transferring the account with a debit balance, contact your delivering broker to clear up any fees before transferring the account. Transferring options contracts If your account transfer includes options contracts, the transfer of your entire account cou
