Interest Schedule

Place Trade calculates an internal funding rate based on a combination of internationally recognized reference rates on overnight deposits (ex: Fed funds, LIBOR), bank deposit rates, and real-time market rates from the world's largest and most liquid market, the interbank short-term currency swap market.

While central banks and major money-center banks set and publish reference rates for interest dependent investments, these rates often do not reflect the exact investment costs/opportunities seen in interbank and commercial transactions. PT's interest model starts with the reference rates and incorporates the dynamic market pricing to produce a midpoint or "benchmark".

PT adds a spread around the benchmark to determine deposit and borrowing rates applicable to client balances in each currency. Spreads are tiered such that larger balances receive more favorable interest treatment due to smaller spreads around the benchmark.

Please click on the links below to open and close each section:

► Reference Benchmark Rates

Reference Benchmark Rates

PT's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. PT uses a combination of internationally recognized reference rates (such as LIBOR, Fed Funds, etc), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an PT Reference Benchmark rate.

For more information about PT Reference Benchmark click here.

For information regarding the various external reference rates that contribute to the PT Reference Benchmark rate click here.

Currency	Description for Effective Date 20200110	Rate	Effective Date
USD	Reference Benchmark USD	1.550%	20200110
USD	Reference Benchmark USD Libor	1.527%	20200110
AUD	Reference Benchmark AUD	1.254%	20200110
BRL	Reference Benchmark BRL	4.400%	20200110
CAD	Reference Benchmark CAD	1.682%	20200110
CHF	Reference Benchmark CHF	(0.878)%	20200110
CNH	Reference Benchmark CNH	2.084%	20200110
CZK	Reference Benchmark CZK	1.606%	20200110
DKK	Reference Benchmark DKK	(0.810)%	20200110
EUR	Reference Benchmark EUR	(0.595)%	20200110
GBP	Reference Benchmark GBP	0.632%	20200110
HKD	Reference Benchmark HKD	1.967%	20200110
HUF	Reference Benchmark HUF	(0.167)%	20200110
ILS	Reference Benchmark ILS	0.257%	20200110
INR	Reference Benchmark INR	9.500%	20200110
JPY	Reference Benchmark JPY	(0.360)%	20200110
KRW	Reference Benchmark KRW	1.250%	20200110
MXN	Reference Benchmark MXN	6.319%	20200110
NOK	Reference Benchmark NOK	1.254%	20200110
NZD	Reference Benchmark NZD	1.081%	20200110
PLN	Reference Benchmark PLN	1.154%	20200110
RUB	Reference Benchmark RUB	6.010%	20200110
SEK	Reference Benchmark SEK	(0.143)%	20200110
SGD	Reference Benchmark SGD	1.501%	20200110
TRY	Reference Benchmark TRY	10.104%	20200110
ZAR	Reference Benchmark ZAR	6.600%	20200110
Please call us at 919-719-7200 for help moving your account to Place Trade today!

PT accrues interest on a daily basis and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.

► Interest Paid on Idle Cash Balances

Interest Paid on Idle Cash Balances

Client accounts are eligible to receive credit interest on long settled cash balances in their securities accounts.

Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid interest at the full rate for which they are eligible. Accounts with NAV of less than USD 100,000 (or equivalent) receive interest at rates proportional to the size of the account. For example, an account with a NAV of USD 50,000 earns credit interest at a rate equal to one-half the rate paid by PT to accounts with a NAV of USD 100,000 or more.

Interest accrues and is payable on a daily basis. PT posts the interest payments on a monthly basis on the third business day of the following month.

PT uses a blended rate based on the tiers outlined in the table below. The tiers on which interest rates are based are subject to change without prior notification.

For balances held in CHF, DKK, EUR, JPY or SEK, PT currently applies an effective negative rate to long balances held. The negative rate applied to accounts holding these currencies is the same regardless of account size. For other currencies in which the benchmark rate plus the interest rate paid is less than zero, the interest paid is 0%.

Higher Interest Rates for Large Cash Balances

We pay interest to clients for credit balances, based upon rates available in the interbank deposit market. For those clients that hold large cash balances in multiple currencies, we offer the ability to take advantage of the Forex Swaps market to potentially earn higher rates. This program is not designed for and would not benefit any client who holds a single-currency long balance. The mechanics behind this program involve the buying of a currency for settlement one day out and the selling of the same currency two days out, the difference in value between the two settlement dates being the interest earned. We automatically keep rolling the swaps until you no longer meet the minimum balance criteria, or you instruct us to halt the program. You must have at least USD $10 million in cash, and US residents must be Eligible Contract Participants (ECP) to enroll in the program.

Interest Paid to You on Positive (Credit) Cash Balances View Examples

BM = Benchmark Rate

Currency	Tier	Rate Paid
USD	0 - 10,000	0%
	10,000.01 +	1.05% (BM - 0.5%)
AUD	0 - 14,000	0%
	14,000.01 - 140,000	0.754% (BM - 0.5%)
	140,000.01 +	1.004% (BM - 0.25%)
CAD	0 - 14,000	0%
	14,000.01 +	1.182% (BM - 0.5%)
CHF	0 - 100,000	0%
	100,000.01 +	-1.128% (BM - 0.25%)
CNH	All	0%
CZK	0 - 2,500,000	0%
	2,500,000.01 +	1.356% (BM - 0.25%)
DKK	0 - 700,000	0%
	700,000.01 +	-1.06% (BM - 0.25%)
EUR	0 - 100,000	0%
	100,000.01 +	-0.845% (BM - 0.25%)
GBP	0 - 8,000	0%
	8,000.01 +	0.132% (BM - 0.5%)
HKD	0 - 78,000	0%
	78,000.01 +	1.217% (BM - 0.75%)
HUF	0 - 2,800,000	0%
	2,800,000.01 +	0% (BM - 3%)
ILS	All	0%
INR	All	0%
JPY	0 - 11,000,000	0%
	11,000,000.01 +	-0.61% (BM - 0.25%)
KRW	0 - 12,000,000	0%
	12,000,000.01 +	0% (BM - 1.5%)
MXN	0 - 190,000	0%
	190,000.01 +	2.319% (BM - 4%)
NOK	0 - 85,000	0%
	85,000.01 +	0% (BM - 2.5%)
NZD	0 - 15,000	0%
	15,000.01 +	0% (BM - 2.5%)
PLN	0 - 400,000	0%
	400,000.01 +	0% (BM - 2%)
RUB	0 - 700,000	0%
	700,000.01 +	1.01% (BM - 5%)
SEK	0 - 850,000	0%
	850,000.01 +	-0.393% (BM - 0.25%)
SGD	0 - 15,000	0%
	15,000.01 +	0.501% (BM - 1%)
TRY	0 - 60,000	0%
	60,000.01 +	5%
ZAR	0 - 150,000	0%
	150,000.01 +	5.6% (BM - 1%)

► Interest Charged on Margin Loans

Interest Charged on Margin Loans View Examples

When calculating rates, keep in mind that PT uses a blended rate based on the tiers below. For example, for a balance over 1,000,000 USD, the first 100,000 is charged at the Tier I rate, the next 900,000 at the Tier II rate, etc. When determining the quoted spread, PT will use the set benchmark rate or a benchmark rate of 0 for all benchmark rates less than 0.

PT accrues interest on a daily basis and posts actual interest monthly on the third business day of the following month.

The tiers on which interest is based may change from time to time without prior notification to clients. Such adjustments are done periodically to adjust for changes in currency rates.

BM = Benchmark Rate

Currency	Tier	Rate Charged:
USD	0 - 100,000	3.55% (BM + 1.5%)
	100,000.01 - 1,000,000	3.05% (BM + 1%)
	1,000,000.01 - 3,000,000	2.55% (BM + 0.5%)
	3,000,000.01 - 200,000,000	2.05% (BM + 0.3%)
	200,000,000.01 +	1.85% (BM + 0.3%) See note below
AUD	0 - 140,000	2.754% (BM + 1.5%)
	140,000.01 - 1,400,000	2.254% (BM + 1%)
	1,400,000.01 - 140,000,000	1.754% (BM + 0.5%)
	140,000,000.01 +	1.754% (BM + 0.5%) See note below
CAD	0 - 140,000	3.182% (BM + 1.5%)
	140,000.01 - 1,400,000	2.682% (BM + 1%)
	1,400,000.01 - 140,000,000	2.182% (BM + 0.5%)
	140,000,000.01 +	2.182% (BM + 0.5%) See note below
CHF	0 - 100,000	1.5% (BM + 1.5%)
	100,000.01 - 1,000,000	1% (BM + 1%)
	1,000,000.01 - 200,000,000	0.5% (BM + 0.5%)
	200,000,000.01 +	0.5% (BM + 0.5%) See note below
CNH	0 - 625,000	7.084% (BM + 5%)
	625,000.01 - 6,250,000	7.084% (BM + 5%)
	6,250,000.01 - 125,000,000	7.084% (BM + 5%)
	125,000,000.01 +	7.084% (BM + 5%) See note below
CZK	0 - 400,000,000	4.606% (BM + 3%)
	400,000,000.01 +	4.606% (BM + 3%) See note below
DKK	0 - 120,000,000	3% (BM + 3%)
	120,000,000.01 +	3% (BM + 3%) See note below
EUR	0 - 100,000	1.5% (BM + 1.5%)
	100,000.01 - 1,000,000	1% (BM + 1%)
	1,000,000.01 - 150,000,000	0.5% (BM + 0.5%)
	150,000,000.01 +	0.5% (BM + 0.5%) See note below
GBP	0 - 80,000	2.132% (BM + 1.5%)
	80,000.01 - 800,000	1.632% (BM + 1%)
	800,000.01 - 160,000,000	1.132% (BM + 0.5%)
	160,000,000.01 +	1.132% (BM + 0.5%) See note below
HKD	0 - 780,000	4.467% (BM + 2.5%)
	780,000.01 - 7,800,000	3.967% (BM + 2%)
	7,800,000.01 - 780,000,000	3.467% (BM + 1.5%)
	780,000,000.01 +	3.467% (BM + 1.5%) See note below
HUF	0 - 4,500,000,000	5% (BM + 5%)
	4,500,000,000.01 +	5% (BM + 5%) See note below
ILS	0 - 80,000,000	5.257% (BM + 5%)
	80,000,000.01 +	5.257% (BM + 5%) See note below
INR	All	12.5% (BM + 3%)
JPY	0 - 11,000,000	1.5% (BM + 1.5%)
	11,000,000.01 - 110,000,000	1% (BM + 1%)
	110,000,000.01 - 20,000,000,000	0.5% (BM + 0.5%)
	20,000,000,000.01 +	0.5% (BM + 0.5%) See note below
KRW	0 - 120,000,000	3.25% (BM + 2%)
	120,000,000.01 - 1,200,000,000	2.75% (BM + 1.5%)
	1,200,000,000.01 - 24,000,000,000	2.25% (BM + 1%)
	24,000,000,000.01 +	2.25% (BM + 1%) See note below
MXN	0 - 1,900,000	9.319% (BM + 3%)
	1,900,000.01 - 19,000,000	8.319% (BM + 2%)
	19,000,000.01 - 1,900,000,000	7.819% (BM + 1.5%)
	1,900,000,000.01 +	7.819% (BM + 1.5%) See note below
NOK	0 - 850,000	2.754% (BM + 1.5%)
	850,000.01 - 8,500,000	2.254% (BM + 1%)
	8,500,000.01 - 850,000,000	1.754% (BM + 0.5%)
	850,000,000.01 +	1.754% (BM + 0.5%) See note below
NZD	0 - 150,000	2.581% (BM + 1.5%)
	150,000.01 - 1,500,000	2.081% (BM + 1%)
	1,500,000.01 - 150,000,000	1.831% (BM + 0.75%)
	150,000,000.01 +	1.831% (BM + 0.75%) See note below
PLN	0 - 70,000,000	4.154% (BM + 3%)
	70,000,000.01 +	5.154% (BM + 4%) See note below
RUB	0 - 660,000,000	11.01% (BM + 5%)
	660,000,000.01 +	11.01% (BM + 5%) See note below
SEK	0 - 850,000	1.5% (BM + 1.5%)
	850,000.01 - 8,500,000	1% (BM + 1%)
	8,500,000.01 - 850,000,000	0.5% (BM + 0.5%)
	850,000,000.01 +	0.5% (BM + 0.5%) See note below
SGD	0 - 150,000	3.001% (BM + 1.5%)
	150,000.01 - 1,500,000	2.501% (BM + 1%)
	1,500,000.01 - 150,000,000	2.001% (BM + 0.5%)
	150,000,000.01 +	2.001% (BM + 0.5%) See note below
TRY	0 - 60,000,000	15.104% (BM + 5%)
	60,000,000.01 +	15.104% (BM + 5%) See note below
ZAR	0 - 1,500,000	8.1% (BM + 1.5%)
	1,500,000.01 - 15,000,000	7.6% (BM + 1%)
	15,000,000.01 - 1,500,000,000	7.35% (BM + 0.75%)
	1,500,000,000.01 +	7.35% (BM + 0.75%) See note below

Note: May be subject to a 1% surcharge applied to the spread if financing is not pre-arranged.

Disclosures

Credit balances greater than USD 10,000 (or equivalent) in accounts with a NAV of less than USD 100,000 (or equivalent) will be paid interest at a proportional rate. For accounts holding credit balances in currencies carrying a negative interest rate, the negative rate will be applied to accounts with balances of at least USD 100,000 (or equivalent), but smaller credit balances will not be charged the negative rate.

Institutions - Hedge Fund and Mutual Fund Managers

Hedge and Mutual Fund Application Steps Checklist

Please follow this checklist for a fast and easy experience opening a hedge fund or mutual fund account at Place Trade!

1. Complete the Investment Manager Electronic Application

Fully electronic (Use this for fastest processing):
You will be asked to establish a username and password at the beginning of the process so that all the information you enter will remain secure. While most customers will complete their application in a fully electronic fashion, we are sometimes required to receive paper documents which should be forwarded to the addresses listed under Contact Us/Document Submission Information on the PT website.

2. Fund Your Account

You are not required to fund your account prior to approval, however, if you'd like to do so, you will be presented with several options at the end of the registration process.

Send a check* (with your deposit instruction form, application or account number written on the check) or wire (call or visit your bank to initiate) as specified in your deposit instructions to PT. Electronic Funds Transfer (ACH), Broker-to-Broker Transfer (ACAT), and PT Internal Transfers will automatically transfer. If we do not receive your funds in 45 days from approval the account will be closed.

3. Application Review

We will review your application for approval once your entire application has been completed. Your application is complete once there are no outstanding application tasks within Finish Application, located in the Login drop-down list in the upper right corner of the PT homepage. Sometimes after you have completed the application we require additional steps. You will be notified by email and within Login/Complete Application if this is the case.

4. Application Review Results

You will be notified by email and within Login/Complete Application of the results of our application review. Fully completed applications will be processed within 48 business day hours under normal business conditions.

5. Submit an Application for Each Fund

Print out a paper application under Login/Account Management. You have two options:

You can complete the required information and send the form to the fund. They should designate someone as an authorized person to sign on behalf of the fund, and then send the application to PT Account Processing.
You can send the application to the fund. Their authorized person should complete and sign on behalf of the fund, and then send the application to PT Account Processing.

You may log into Account Management at any time to see the status of the fund's applications.

Place Trade Financial, Inc. TWS Latest for Windows 64-bit

Download

Windows: 64 bit | File Size: 4MB|Version 9554

Step One: Click the Download button to begin installing TWS.

Step Two: When the installation is complete, click the TWS icon on your desktop to log in.

Place Trade Financial, Inc. TWS Installation Instructions

This instruction walks you through the standard installation procedure for installing TWS, and shows you the pop-up windows that you will encounter and need to take action on in each step throughout the process. The instructions are specific to the browser and operating system you are using.

When you click the “Download” button you will see the below:

In the bottom left corner of your browser find and click the tws…exe download button.

If you see the Security Warning box, click the “Run” button to confirm that you want to install TWS.

Click the “Next” button on the Setup Wizard to install TWS.

Uncheck the “Run Trader Workstation” checkbox and click the “Finish” button. A TWS icon is installed on your desktop.

Find the TWS icon on your desktop and double-click to launch the Login box.

Enter your username and password then click the “Login” button to log into TWS.

Place Trade Financial, Inc. TWS Latest for Mac OSx

Download

Mac OS X: 64 bit | File Size: 4MB|Version 9554

Step One: Click the Download button to begin installing TWS.

Step Two: When the installation is complete, click the TWS icon on your desktop to log in.

Place Trade Financial, Inc. TWS Installation Instructions

When you click the “Download” button you will see the below:

In the bottom left corner of your browser find and click the tws…exe download button.

Click your Downloads folder to see the list of available files, and double-click the tws.dmg file to open it.
If the Downloads folder is not in your dock, you may locate it under Macintosh HD > Users > yourusername > Downloads

Double-click the Trader Workstation icon to initiate installation.

Click “Open” to confirm and start the installation.
A proprietary Java Runtime Environment is included with this package and may take a minute to install – please wait!
The Setup Wizard will display when the installation is complete.

Click the "Next" button on the Setup Wizard to install TWS.

Uncheck the "Run Trader Workstation" box and click the "Finish" button. A TWS icon is installed on your desktop.

Find the TWS icon on your desktop and cilck to launch the Login box. You can also launch the TWS software from the Trader Workstation folder located under Macintosh HD > Users > yourusername > Applications > Trader Workstation.

Enter your username and password then click the "Login" button to log into TWS.

Place Trade Financial, Inc. TWS Latest for Linux 64-bit

Download

Linux 64 bit | File Size: 4MB|Version 9554

Step One: Click the Download button to begin installing TWS.

Step Two: When the installation is complete, click the TWS icon on your desktop to log in.

Place Trade Financial, Inc. TWS Installation Instructions

This instruction walks you through the standard installation procedure for installing TWS, and provides the command line entries you will need. You can copy and paste the text to make it easier for you to install.

Click the Download button and save the TWS installation file to a desired location. The remaining instructions assume that you have saved the file to the default Downloads folder. If you have saved it to a different location, replace “Downloads” in the instructions with the appropriate directory/folder.

Open Terminal (Ctrl+Alt+T on most distributions) and navigate to the directory where the installer was downloaded:

Copy: cd ~/Downloads

Make the installer executable by using: chmod u+x before the filename:

Copy: chmod u+x tws-latest-linux-x64.sh

Run the installer to start the wizard by typing “./” before the file name:

Copy: ./tws-latest-linux-x64.sh

Click the “Next” button on the Setup Wizard to extract files.

Uncheck the “Run Trader Workstation” checkbox and click the “Finish” button. A TWS icon is installed on your desktop.

Find the TWS icon on your desktop and double-click to launch the Login box.

Enter your username and password then click the “Login” button to log into TWS.

Place Trade Financial, Inc. TWS Latest for Linux 32-bit

Download

Linux 32 bit | File Size: 4MB|Version 9554

Step One: Click the Download button to begin installing TWS.

Step Two: When the installation is complete, click the TWS icon on your desktop to log in.

Place Trade Financial, Inc. TWS Installation Instructions

Open Terminal (Ctrl+Alt+T on most distributions) and navigate to the directory where the installer was downloaded:

Copy: cd ~/Downloads

Make the installer executable by using: chmod u+x before the filename:

Copy: chmod u+x tws-latest-linux-x86.sh

Run the installer to start the wizard by typing “./” before the file name:

Copy: ./tws-latest-linux-x86.sh

Click the “Next” button on the Setup Wizard to extract files.

Uncheck the “Run Trader Workstation” checkbox and click the “Finish” button. A TWS icon is installed on your desktop.

Find the TWS icon on your desktop and double-click to launch the Login box.

Enter your username and password then click the “Login” button to log into TWS.

Place Trade Financial, Inc. TWS Latest for Windows 64-bit

Download

Windows: 64 bit | File Size: 4MB|Version 9554

Step One: Click the Download button to begin installing TWS.

Step Two: When the installation is complete, click the TWS icon on your desktop to log in.

Place Trade Financial, Inc. TWS Latest for Windows 32-bit

Download

Windows: 32 bit | File Size: 4MB|Version 9554

Step One: Click the Download button to begin installing TWS.

Step Two: When the installation is complete, click the TWS icon on your desktop to log in.

Place Trade Financial, Inc. TWS Installation Instructions

When you click the “Download” button you will see the below:

In the bottom left corner of your browser find and click the tws…exe download button.

If you see the Security Warning box, click the “Run” button to confirm that you want to install TWS.

Click the “Next” button on the Setup Wizard to install TWS.

Uncheck the “Run Trader Workstation” checkbox and click the “Finish” button. A TWS icon is installed on your desktop.

Find the TWS icon on your desktop and double-click to launch the Login box.

Enter your username and password then click the “Login” button to log into TWS.

Download for Other Operating Systems

Our server for the informational site is currently down for maintance. We expect it to be back up shortly. All of our trading systems as well as Account Management are working normally!

You are welcome to Log into any of the trading platforms, Account Management or call us at 919-719-7200 or 919-931-2004 with any questions or concerns.

If you were in the middle of a new account application you may finish it via this link or use this link to open a new account.

Please click here to:

Log into your account (Account Management)

Finish a new account application:

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Please try again by searching for the subject that you are looking for or simply give us a call at 919-719-7200 or 800-50-PLACE (800-507-5223) and we will help you find what you are looking for right away!

How much will I receive in Social Security Benefits? (Based on my age/year of birth)

***Should I take my social security benefits early or wait to qualify for the maximum benefits? Can* *I take my spouse or ex-spouse's benefits early or should I wait?***

What is Full (or Normal) Retirement Age?

According to the Social Security Administration "Full retirement age is the age at which a person may first become entitled to full or unreduced retirement benefits."

Regardless of what your full retirement age (also called "normal retirement age") is, you are allowed to start receiving benefits as early as age 62 or as late as age 70.

What Happens to Your Benefits if You Retire Early?

If you are healthy and can afford to wait then there is no need to rush! If you choose to retire you may begin drawing social security benefits at any time between age 62 and your full retirement age (which is based on the year that you were born).

If you are seriously considering tapping into your benefits early, it is important to note that you will not be entitled to the full amount that you may be expecting. In fact, your benefits will be reduced by a fraction of a percent for every month that you receive them prior to your full retirement age. Although that may not sound like much it can easily add up to a 20 - 35% reduction in monthly benefits and can make a significant difference in your long term financial well-being!

Compare Social Security Benefits Paid at Full Retirement versus Age 62 (By Year of Birth)

Year of Birth¹

When do I reach Full (Normal) Retirement Age?

Months between age 62 & Full Retirement²

If You Start Your Benefits at Age 62 ³

A $1000 FULL Retirement benefit would be reduced to

Your retirement benefit is reduced by⁴

A $500 spouse's benefit would be reduced to

Spouse's benefit is reduced by⁵

1937 or earlier

$800

20.00%

$375

25.00%

1938

65 and 2 months

$791

20.83%

$370

25.83%

1939

65 and 4 months

$783

21.67%

$366

26.67%

1940

65 and 6 months

$775

22.50%

$362

27.50%

1941

65 and 8 months

$766

23.33%

$358

28.33%

1942

65 and 10 months

$758

24.17%

$354

29.17%

1943-1954

$750

25.00%

$350

30.00%

1955

66 and 2 months

$741

25.83%

$345

30.83%

1956

66 and 4 months

$733

26.67%

$341

31.67%

1957

66 and 6 months

$725

27.50%

$337

32.50%

1958

66 and 8 months

$716

28.33%

$333

33.33%

1959

66 and 10 months

$708

29.17%

$329

34.17%

1960 and later

$700

30.00%

$325

35.00%


	View the chart above to see the difference between receiving a normal (Full Retirement Age) monthly benefit payment and the amount that you would receive if you started taking reduced benefits at age 62. The example is based on an estimated monthly benefit of $1000. You may also click on your birth year to visit the SSA website and find out how much your benefit will be reduced if you retire between age 62 and your specific full retirement age.

If you were born on January 1st, you should refer to the previous year.
If you were born on the 1st of the month, we figure your benefit (and your full retirement age) as if your birthday was in the previous month. If you were born on January 1st, we figure your benefit (and your full retirement age) as if your birthday was in December of the previous year.
You must be at least 62 for the entire month to receive benefits.
Percentages are approximate due to rounding.
The maximum benefit for the spouse is 50% of the benefit the worker would receive at full retirement age. The % reduction for the spouse should be applied after the automatic 50% reduction. Percentages are approximate due to rounding.

Please Note: If you qualify for benefits as a Survivor, your full retirement age may be calculated differently.

Source: Social Security Administration

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We offer all the Products and Services you need to build your portfolio and take charge of your investments.

Did you leave your old 401(k) behind?

Our retirement specialists will
make it easy for you to rollover your 401(k) retirement account.

Call 1-800-50-PLACE today!

Retirement Resources

Social Security Administration Information:

Retirement Benefits
How Work Affects Benefits
Retirement Planner
Benefit Calculator
What Every Woman Should
Know

Retirement Planning

DOL Info & more

Small Business & Enterprise

Pension Protection Act (PPA)

Choosing a Retirement Solution

Auto Enrollment 401(k) Plan: Safe Harbor

FAQs - Auto Enrollment

QDIA Guidance Memorandum

Go Mobile!

Flexibility to trade and invest on the go. Download our Place Trader Workstation Handy Trader app today!

All investing involves risk, including the possible loss of principal and there can be no assurance that any investment strategy will be successful.

Stock yield enhancement

Earn money lending your shares

Powerful Trading Technology

· Powerful Trading Tools

· Multiple trading platforms

· Mobile Trading App

Trade World-Wide

    ·  Access 100+market centers

    ·  In 19 Countries

    ·  Choose your Currency & Language

English • Česky • 日本 語 • 简体中文

繁體文 •Deutsch • Español • Français

Italiano • Nederlands •Pyсский • Slovenčina

Get an idea of some of the investment offerings at Place Trade by checking out the links below:

International Trading

Cash & Wealth Management

Learn more about retirement planning by visiting some of the links below:

Individual Retirement Plans & Rollovers

Small Business & Enterprise - Qualified Plans

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:

Coverdell ESA

529 College Savings Plans

UGMA/UTMA Accounts

Check out some of our popular links:

Trading Platforms

Online Trading Tools

Place Trader Workstation

Mobile Solutions

Online Trading

Open an Online Trading Account

All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful.

Please Note: Brokerage products are NOT FDIC insured or bank guarantee and may lose value.

PLACE TRADE^®, PT^SM, PTF^SM, PlaceTrade.com ^TM, Place Trader^SM, Place Trader Workstation^SM, The Smart Place to Trade^TM, The Smart Place for your IRA^TM, The Smart Place for your 401(k)^TM, The Smart Place to Trade Options^TM Financial Quarterback^TM, Jonesitus^TM and The Bond Queen^TM are service marks and/or trademarks of Place Trade Financial, Inc.

Please note that while Place Trade strives to offers extremely low overall trading costs including deep discount commissions and some of the lowest margin rates available we would like to remind investors that there will be trading costs associated with investing, trading and holding a brokerage account. Brokerage commissions and exchange fees along with potential other account fees, fund expenses and service fees may apply. Expenses related to your investment account may vary depending on the type of investments that you choose to hold, type of account, level of activity, account balance, tax withholding or other possible factors. Please consider your overall trading costs prior to investing.

The information on this website is for discussion and information purposes only. Nothing contained herein should be considered as an offer to buy or sell any security, securities product or service, nor should be considered as investment, legal or tax advice. Place Trade Financial is a registered broker dealer (Member FINRA/SIPC) however it is not registered in all states or jurisdictions. Place Trade does not solicit securities, products or services in any jurisdiction where it is not authorized to do so. Please contact Place Trade Financial at 1-800-50-PLACE (1-800-507-5223) or 1-919-719-7200 for further information. Systems response and access times may vary due to market conditions, system performance as well as other factors. All accounts accepted at the discretion of Place Trade Financial.

Place Trade Financial, Inc. does not provide investment advice to online trading clients/accounts, online institutional accounts or any other individual or account that is not specifically set up as a full service client and on a full service commission and fee schedule. Place Trade Financial, Inc. will only provide investment advice to full service clients that are specifically set up for full service trading and advice. (Full Service clients work with experienced financial consultants and pay full service commissions and fees which are different than online trading commissions and fees.) To take advantage of both our Online Trading and Full Service flexible client benefits please call 1-919-719-7200 today! Documentation for any claims and/or statistical information will be provided upon request. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

The risk of loss in trading stocks, bonds, mutual funds, options, and other securities can be substantial. Options are not suitable for all investors. For more information please read the "Characteristics and Risks of Standardized Options" guide prior to trading options along with the relevant risk disclosure statements on our website.

Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment. (The amount you may lose may be greater than the amount that you started with or more simply put; you can lose more than the amount that you actually put into an investment when trading on margin.) Please follow these links for additional information regarding trading on margin and margin loan rates.

IMPORTANT: The projections or other information generated by any investment analysis tools regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.

Place Trade does not offer futures or forex trading at this time.

Place Trade Financial, Inc. does not provide tax advice to online trading clients/accounts, online institutional clients/accounts or any other individual or account at any time. Please speak with your own personal tax advisor, CPA or tax attorney prior to making tax related decisions.

Please Note: Any symbols displayed are for illustrative purposes only and do not portray a recommendation. Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

This website includes links to other third party sites. Any links to third party sites, including any site that does not specifically include PlaceTrade.com in both the url/domain name title, frame source code and ICANN's WHOIS database, are not owned or controlled by Place Trade Financial, Inc. Place Trade cannot be responsible for the content, policies, procedures, media, source code, systems, security, certificates, instrumentalities, patents, trademarks, copyrights, original art, algorithms, configuration or any other function, form or facet of websites that it does not own or control including any other sites that may be referred or linked either to or from such sites, whether specifically stated, used or implied in any way. For information regarding other websites, please contact those websites or companies directly.

A Best Online Broker for Trading, Investing & Financial Planning

Interest Schedule

Reference Benchmark Rates

Interest Paid on Idle Cash Balances

Higher Interest Rates for Large Cash Balances

Interest Paid to You on Positive (Credit) Cash Balances View Examples

BM = Benchmark Rate

Interest Charged on Margin Loans View Examples

Your blended rate for

=

BM = Benchmark Rate

Disclosures

Institutions - Hedge Fund and Mutual Fund Managers

Hedge and Mutual Fund Application Steps Checklist

​

Please follow this checklist for a fast and easy experience opening a hedge fund or mutual fund account at Place Trade!

1. Complete the Investment Manager Electronic Application

2. Fund Your Account

3. Application Review

4. Application Review Results

5. Submit an Application for Each Fund

Place Trade Financial, Inc. TWS Latest for Windows 64-bit

Place Trade Financial, Inc. TWS Installation Instructions

Place Trade Financial, Inc. TWS Latest for Mac OSx

Place Trade Financial, Inc. TWS Installation Instructions

Place Trade Financial, Inc. TWS Latest for Linux 64-bit

Place Trade Financial, Inc. TWS Installation Instructions

Place Trade Financial, Inc. TWS Latest for Linux 32-bit

Place Trade Financial, Inc. TWS Installation Instructions

Place Trade Financial, Inc. TWS Latest for Windows 64-bit

Place Trade Financial, Inc. TWS Latest for Windows 32-bit

Place Trade Financial, Inc. TWS Installation Instructions

How much will I receive in Social Security Benefits? (Based on my age/year of birth)

Should I take my social security benefits early or wait to qualify for the maximum benefits? Can I take my spouse or ex-spouse's benefits early or should I wait?

What is Full (or Normal) Retirement Age?

What Happens to Your Benefits if You Retire Early?

Compare Social Security Benefits Paid at Full Retirement versus Age 62 (By Year of Birth)

Subcategories

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Products & Services

All the Tools You Need

Did you leave your old 401(k) behind?

Retirement Resources

Go Mobile!

All investing involves risk, including the possible loss of principal and there can be no assurance that any investment strategy will be successful.

Stock yield enhancement

Earn money lending your shares

Powerful Trading Technology

Trade World-Wide

English • Česky • 日本語 • 简体中文

繁體文 •Deutsch • Español • Français

Italiano • Nederlands •Pyсский • Slovenčina

About Place Trade

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Online Trading

Common Links

***Should I take my social security benefits early or wait to qualify for the maximum benefits? Can* *I take my spouse or ex-spouse's benefits early or should I wait?***