"Several online brokerage facilities- TD Ameritrade, Scottrade and Options Xpress have placed T&T on Restricted Country List that they don’t do business with. Details weren’t forthcoming on when or why the country was placed on this list. Ameritrade told the Guardian it took this decision on December 2, 2010. (See Business Guardian) The decicion was taken before the Financial Action Task Force (FATF) met in France last week which determined that T&T was a jurisdiction which was not “making sufficient progress” with its compliance with FATF recommencations..
The FATF is a Paris-based inter-governmental body “whose purpose is the development and promotion of national and international policies to combat money laundering and terrorist financing”. One of the requirements of FATF is a functional Financial Intelligence Unit (FIU).
WISE charges iirc US$20 per trade which is very high
but I've been trying to get this done for months now with one roadblock or another, i'm just waiting to see what's the challenge.
Seize the Means of Production. What does it Mean?
- FCB minimum is now US$5000.
- Wise is TT$25000.and they have restrictions on what is traded.
- Republic Securities - no minumim, but i was told that thier system is too slow
- Interactive Brokers online - they have a minimum of us$10000.
- ChoiceTrade has accepted my application! there is no minimum
- Choice Trade
- Zecco
- Capital Markets Elite Group
- es
- on
- ty
- ters.
- se
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- land
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