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How to Buy US Stocks with TD Direct Investing

Are you looking to invest in US stocks but unsure of how to get started? TD Direct Investing offers a user-friendly platform that makes it easy for investors to buy and sell stocks from the comfort of their homes. In this article, we will guide you through the process of buying US stocks with TD Direct Investing, from opening an account to executing your first trade.

Opening a TD Direct Investing Account

The first step in buying US stocks is to open a TD Direct Investing account. Here’s how to do it:

  1. Visit the TD Direct Investing Website: Go to www.tddirectinvesting.com and click on “Open an Account.”
  2. Choose an Account Type: TD Direct Investing offers different account types, including individual, joint, and trust accounts. Select the one that best suits your investment needs.
  3. Fill Out the Application: Provide your personal information, including your name, address, and social security number. You may also need to upload identification documents.
  4. Fund Your Account: Once your account is approved, you can fund it by transferring funds from your bank account or by depositing a check.

Understanding the Platform

TD Direct Investing provides a user-friendly platform that allows you to easily navigate and execute trades. Here’s a quick overview of the platform:

  1. Dashboard: The dashboard provides a summary of your account, including your portfolio value, recent trades, and market news.
  2. Stock Screener: Use the stock screener to find stocks that meet your investment criteria, such as price, market capitalization, and industry.
  3. Watchlist: Create a watchlist of stocks you are interested in, so you can easily monitor their performance.
  4. How to Buy US Stocks with TD Direct Investing

  5. Trade Execution: Place trades directly from the platform. You can choose from different order types, such as market orders and limit orders.

Buying US Stocks

Once your account is funded and you are familiar with the platform, you can start buying US stocks. Here’s how to do it:

  1. Search for a Stock: Use the search bar to find a specific stock or use the stock screener to find stocks that meet your criteria.
  2. Review the Stock Details: Before placing a trade, review the stock’s details, including its price, market capitalization, and historical performance.
  3. Choose an Order Type: Decide whether you want to place a market order (buy at the current market price) or a limit order (buy at a specific price).
  4. Enter the Trade: Enter the number of shares you want to buy and the order type. Review the trade details and confirm the trade.

Case Study: Investing in Apple (AAPL)

Let’s say you want to buy shares of Apple (AAPL). Here’s how you can do it using TD Direct Investing:

  1. Search for AAPL: Enter “AAPL” in the search bar and select the stock from the search results.
  2. Review the Stock Details: Review the stock’s price, market capitalization, and historical performance.
  3. Choose an Order Type: Decide whether you want to place a market order or a limit order.
  4. Enter the Trade: Enter the number of shares you want to buy and the order type. Review the trade details and confirm the trade.

By following these steps, you can easily buy US stocks with TD Direct Investing. Remember to do your research and consider your investment goals and risk tolerance before making any investment decisions.