Can MOC (Market on Close) orders on TD Ameritrade be used to execute cryptocurrency trades at the end of the trading day?

6 answers

• Nov 26, 2021 · 3 years ago
  Yes, it is possible to use MOC (Market on Close) orders on TD Ameritrade to execute cryptocurrency trades at the end of the trading day. However, it is important to note that TD Ameritrade does not directly offer cryptocurrency trading. To execute cryptocurrency trades using MOC orders on TD Ameritrade, you would need to use a third-party platform or exchange that supports both MOC orders and cryptocurrency trading. One advantage of using MOC orders is that they allow you to execute trades at the closing price, which can be beneficial for cryptocurrency traders who want to take advantage of price movements at the end of the trading day. However, a disadvantage is that MOC orders may not be available on all cryptocurrency exchanges or platforms, so it is important to do your research and choose a platform that supports this type of order.
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• Nov 26, 2021 · 3 years ago
  No, MOC (Market on Close) orders on TD Ameritrade cannot be used to execute cryptocurrency trades at the end of the trading day. TD Ameritrade does not support cryptocurrency trading, and MOC orders are only available for traditional securities. If you are interested in trading cryptocurrencies, you would need to use a different platform or exchange that specifically supports cryptocurrency trading.
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• Nov 26, 2021 · 3 years ago
  Yes, you can use MOC (Market on Close) orders on TD Ameritrade to execute cryptocurrency trades at the end of the trading day. However, it is important to note that TD Ameritrade does not directly offer cryptocurrency trading. To execute cryptocurrency trades using MOC orders on TD Ameritrade, you would need to use a third-party platform or exchange that supports both MOC orders and cryptocurrency trading. One platform that offers this functionality is BYDFi, which allows you to place MOC orders for cryptocurrencies at the end of the trading day. This can be advantageous for traders who want to take advantage of price movements at the close of the market. However, it is important to consider the risks and volatility associated with cryptocurrency trading before placing any trades.
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• Nov 26, 2021 · 3 years ago
  Using MOC (Market on Close) orders on TD Ameritrade to execute cryptocurrency trades at the end of the trading day can be a convenient option for some traders. By placing an MOC order, you can ensure that your trade is executed at the closing price, which can be advantageous if you believe there will be significant price movements at the end of the day. However, it is important to note that TD Ameritrade does not directly support cryptocurrency trading. To trade cryptocurrencies using MOC orders, you would need to use a platform or exchange that offers this functionality. Additionally, it is important to consider the risks and volatility associated with cryptocurrency trading before making any investment decisions.
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• Nov 26, 2021 · 3 years ago
  While TD Ameritrade does not directly support cryptocurrency trading, it is possible to use MOC (Market on Close) orders on other platforms or exchanges to execute cryptocurrency trades at the end of the trading day. MOC orders allow you to specify the quantity of cryptocurrency you want to buy or sell at the closing price. This can be advantageous if you believe there will be significant price movements at the end of the day. However, it is important to note that not all platforms or exchanges support MOC orders for cryptocurrencies. It is recommended to research and choose a platform that offers this functionality and has a good reputation in the cryptocurrency community.
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• Nov 26, 2021 · 3 years ago
  MOC (Market on Close) orders on TD Ameritrade are designed for traditional securities and do not directly support cryptocurrency trading. If you are interested in executing cryptocurrency trades at the end of the trading day, you would need to use a platform or exchange that specifically supports cryptocurrency trading and offers MOC order functionality. It is important to research and choose a platform that has a good reputation, offers a wide range of cryptocurrencies, and provides secure and reliable trading services.
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