TD Ameritrade Terminated My Account. Can I Appeal it?
Having your TD Ameritrade account terminated or banned can be frustrating, especially if you feel that it has been done unfairly. It can be more troublesome if the company doesn't offer any substantial help through their customer support. If you are wondering why TD Ameritrade terminated your account, or even how to appeal, DoNotPay can help.
There are a myriad of reasons why TD Ameritrade can ban or suspend your account. This includes violating the contract or going against their policies. However, DoNotPay can help you appeal the ban if you feel that your account was mistakenly suspended.
Through an automated platform, DoNotPay can guide you on how to get unbanned from TD Ameritrade. Our robot lawyer can help you write a demand letter to appeal your TD Ameritrade banned account.
If you feel that TD Ameritrade terminated your account unfairly, getting DoNotPay’s assistance is your best bet in making a strong appeal.
Besides helping you with your TD Ameritrade account, DoNotPay can help you with your other banned accounts. Read on to learn more about getting back your suspended or banned accounts.
What Are the Reasons for Getting Banned on TD Ameritrade?
There are various reasons why you could get banned from TD Ameritrade. Based on the company's terms and conditions, your account may be suspended or even banned depending on the degree of violation.
Here are some of the reasons you can get banned or suspended from using your TD Ameritrade account:
- Violating the contract you signed when registering
- Practicing illegal trade
- Violating the user agreement
- Going against FTC rules
- Engaging in fraudulent activities
You can get banned from accessing your TD Ameritrade account in different ways, including being suspended from placing trades or even from short selling. This may depend on the degree of violation, which you may also want to appeal. Even though short selling is acceptable in the stock market, it is illegal in some countries.
Additionally, your account may be limited such that you will only be allowed to trade with settled funds for up to 90 days. Usually, this happens after you have three good faith violations.
What to Do if You Get Banned From TD Ameritrade
If you get banned from TD Ameritrade, you can appeal the ban and request the company to have your account unbanned. You can use any of these methods to request the company to unban your account.
- Visit the company in person and explain your case
- Contact TD Ameritrade customer support at 800-669-3900
Whichever way you choose, you need to give details about the ban or suspension as well as relevant information such as your social security number alongside your account number and pin. This will help the company verify your account before they can lift the suspension or unban your account. You may also be required to provide your taxpayers pin when contacting customer support.
Sometimes, the process can be complicated and time-consuming. You may end up spending more time trying to recover your banned account. This may be the case if you have violated the user agreement or have been involved in fraudulent activities. However, you can appeal and request the company to unban your account.
Get Your TD Ameritrade Account Back With the Help of DoNotPay
Appealing for your banned TD Ameritrade account can be frustrating, especially if you don't know where to start or how to handle the process. If your TD Ameritrade account has been suspended or banned and you don't know what to do, DoNotPay is your perfect solution.
We can help you get your account unbanned and resume your stock trading activities with TD Ameritrade in a fast and easy way. With the help of our automated platform, we can generate an appeal letter and mail it to the company. We can also make legal follow-ups to help you get your account back.
Just follow these three easy steps:
- Log in to your DoNotPay account and locate the Unban My Account product.
- Answer a few questions related to your banned account.
- Click on the Sign and Submit button.
And that’s it! A customized demand letter will be generated within five minutes and sent to TD Ameritrade including a two-week deadline for the company to reply. Applying legal pressure on any company is a sure way to getting things expedited and getting a response.
How to Not Get Banned From TD Ameritrade
This dilemma can actually be avoided. If you want to remain in good standing with TD Ameritrade and safeguard your account from being suspended, here is what you need to do:
- Always adhere to the user agreement
- Do not engage in illegal activities that may appear suspicious
- Avoid fraudulent activities
- Only buy stock with fully settled funds to avoid good faith violations
- Avoid recommending, endorsing or promoting a day trading strategy that involves financial risk.
- Ensure that you follow FTC rules and regulations when trading online
- You may also want to avoid short selling in countries where it is illegal
DoNotPay Can Help You Appeal Banned or Suspended Accounts on Any Platform
DoNotPay can help you appeal for banned accounts with different companies. All you need to do is sign up to DoNotPay and provide answers to some questions provided on the platform, and we will help you generate a demand letter.
Here are some of the accounts that DoNotPay can help you appeal:
DoNotPay Can Assist With a Lot of Other Tasks
In addition to helping you recover banned or suspended accounts, DoNotPay can help you with hundreds of other tasks. Our goal is to simplify radius processes for you so you can save yourself from all the hassle and unnecessary expenses.
Here are some of the things that DoNotPay can help you with:
- Scrutinize any company's Terms of Service (TOS)
- Compose consent forms for child travel
- Retrieve a forgotten password
- Sue in small claims court
- Prevent identity theft
- Draft a divorce settlement agreement
- File an insurance claim successfully
- Secure copyright protection
Sign up with DoNotPay today and discover the many things you can do with just one app.