Apr 10, 2014, 9:32 pm
Last edit by: MasterCharge
Limits
As of November 20th, 2014, Loyal3 does not allows purchases of $10, $25 and $50 with a credit card.
No Cash Advance:
Bank of America Virgin Atlantic
Bank of America Alaska Air
Barclaycard Arrival
Capital One (All Cards)
Citi Platinum AAdvantage Visa
Chase Hyatt
Chase Freedom
Chase Marriott
Chase Sapphire Preferred
Chase United MileagePlus Explorer
Chase United Business
US Bank Flex Perks
Cash Advance:
*Data Needed
Placing Orders
- Make sure when you place an order, the funding source is selected as your CC and not the Checking account that it defaults too. Loyal3 won't cancel the buy order, and some have suggested the only way is to put a stop on the amount by contacting your bank.
Current Stocks Available for Trade
*A total of sixty-two (62) as of 10/14/2014
IPO's for Trade Now
*
As of November 20th, 2014, Loyal3 does not allows purchases of $10, $25 and $50 with a credit card.
Maximum purchase generally limited to $10,000 per IPO and $2,500 per month per non-IPO stock.
Bank of America Virgin Atlantic
Bank of America Alaska Air
Barclaycard Arrival
Capital One (All Cards)
Citi Platinum AAdvantage Visa
Chase Hyatt
Chase Freedom
Chase Marriott
Chase Sapphire Preferred
Chase United MileagePlus Explorer
Chase United Business
US Bank Flex Perks
Cash Advance:
*Data Needed
Placing Orders
- Make sure when you place an order, the funding source is selected as your CC and not the Checking account that it defaults too. Loyal3 won't cancel the buy order, and some have suggested the only way is to put a stop on the amount by contacting your bank.
Current Stocks Available for Trade
*A total of sixty-two (62) as of 10/14/2014
- NASDAQ: FOX
- NASDAQ: AMZN
- NASDAQ: AAPL
- NASDAQ: ATVI
- NASDAQ: BWLD
- NASDAQ: DISCA
- NASDAQ: DNKN
- NASDAQ: EA
- NASDAQ: EIGI
- NASDAQ: FB
- NASDAQ: FTR
- NASDAQ: GPRO
- NASDAQ: GOOGL
- NASDAQ: HAS
- NASDAQ: INTC
- NASDAQ: KRFT
- NASDAQ: MAT
- NASDAQ: MSFT
- NASDAQ: MDLZ
- NASDAQ: MNST
- NASDAQ: PLAY
- NASDAQ: SBUX
- NASDAQ: VIAB
- NASDAQ: YHOO
- NYSE: GLOB
- NYSE: AMC
- NYSE: ANF
- NYSE: ARO
- NYSE: AEO
- NYSE: BABA
- NYSE: BUD
- NYSE: BRK.B
- NYSE: BBY
- NYSE: BKW
- NYSE: KO
- NYSE: DIS
- NYSE: DPS
- NYSE: GPS
- NYSE: HSY
- NYSE: HUBS
- NYSE: KATE
- NYSE: K
- NYSE: KSS
- NYSE: LB
- NYSE: M
- NYSE: MCD
- NYSE: NKE
- NYSE: NOK
- NYSE: PVH
- NYSE: PEP
- NYSE: ZQK
- NYSE: RL
- NYSE: SC
- NYSE: TGT
- NYSE: TWX
- NYSE: TRUP
- NYSE: TWTR
- NYSE: UL
- NYSE: VFC
- NYSE: WMT
- NYSE: WWE
- NYSE: YUM
IPO's for Trade Now
*
loyal3 free stock trades with credit/debit card
Jul 25, 2014, 11:12 am
#363
Join Date: Jun 2014
Posts: 41
Two things:
1. Since 2011, 1099s have had to report cost basis: "Starting in tax year 2011, brokers must report the adjusted basis and whether any gain or loss on a sale is classified as short-term or long-term from the sale of "covered securities" on Form 1099-B."http://www.irs.gov/Businesses/Small-...Reporting-FAQs
2. It's fairly easy to cut and paste the transactions into a spreadsheet from the loyal3 website. Then, write simple formulas for profit/loss, basis/proceeds.
1. Since 2011, 1099s have had to report cost basis: "Starting in tax year 2011, brokers must report the adjusted basis and whether any gain or loss on a sale is classified as short-term or long-term from the sale of "covered securities" on Form 1099-B."http://www.irs.gov/Businesses/Small-...Reporting-FAQs
2. It's fairly easy to cut and paste the transactions into a spreadsheet from the loyal3 website. Then, write simple formulas for profit/loss, basis/proceeds.
Jul 25, 2014, 11:17 am
#364
Join Date: Jun 2014
Posts: 41
I could be wrong here, but my understanding is that the 2500 buy limit is per stock per month, but yours would only be testing whether you could buy more than 2500 in total stock, which isn't actually a limit. (I'm assuming you are doing a 50$/buy of the 52 stocks--the max they say they allow for a CC purchase).
Jul 25, 2014, 11:31 am
#365
Join Date: Jul 2004
Location: Lodi, CA
Posts: 592
Two things:
1. Since 2011, 1099s have had to report cost basis: "Starting in tax year 2011, brokers must report the adjusted basis and whether any gain or loss on a sale is classified as short-term or long-term from the sale of "covered securities" on Form 1099-B."http://www.irs.gov/Businesses/Small-...Reporting-FAQs
2. It's fairly easy to cut and paste the transactions into a spreadsheet from the loyal3 website. Then, write simple formulas for profit/loss, basis/proceeds.
1. Since 2011, 1099s have had to report cost basis: "Starting in tax year 2011, brokers must report the adjusted basis and whether any gain or loss on a sale is classified as short-term or long-term from the sale of "covered securities" on Form 1099-B."http://www.irs.gov/Businesses/Small-...Reporting-FAQs
2. It's fairly easy to cut and paste the transactions into a spreadsheet from the loyal3 website. Then, write simple formulas for profit/loss, basis/proceeds.
Jul 25, 2014, 11:50 am
#366
Join Date: Jun 2014
Posts: 41
Here's the kind of thing I'm talking about...check out this forum, the user Cowstash has provided a sample google sheet:
http://forum.mrmoneymustache.com/inv...at-loyal3/100/
Jul 25, 2014, 2:28 pm
#368
Join Date: Jan 2014
Location: Chyona
Programs: Anywhere I can ski...
Posts: 401
I could be wrong here, but my understanding is that the 2500 buy limit is per stock per month, but yours would only be testing whether you could buy more than 2500 in total stock, which isn't actually a limit. (I'm assuming you are doing a 50$/buy of the 52 stocks--the max they say they allow for a CC purchase).
series 7/66?
Jul 30, 2014, 2:17 pm
#375
Join Date: Mar 2014
Posts: 226
If you initiate a sale of stock before 2PM Eastern time on a trading day, the sale will be initiated that afternoon. The funds should be available in your Loyal3 account approximately 3 business days after the sale, at which point you can transfer it out to your linked checking account.