TD Ameritrade Review

Company Overview: TD Ameritrade

TD Ameritrade is a leading online stock broker and pioneer in the investment industry for over 40 years. TD Ameritrade is now one of the largest discount brokerages in the United States, and the largest in terms of average client trades placed each day (which is approximately 500,000 trades per day). Today, TD Ameritrade provides investing and trading services for 11 million client accounts that total more than $1 trillion in assets, and custodial services for more than 6,000 independent registered investment advisors.The merger between Ameritrade and TD Waterhouse helped the company expand its product offering, with a more concentrated focus on long-term investing, guidance and asset gathering. With a nationwide branch network and offerings for IRAs and college savings accounts, among other things, the company created unique tools designed to help investors make better investing decisions.

TD Ameritrade Overview

TD Ameritrade offers attractive rates and terms compared with other top online stock brokers:

Account Minimum: $0

Commission: $6.95 per trade

Options: $6.95 + $0.70 per contract

Real-Time Data: Yes

Screening Tools: Yes

Research: Yes

Charts: Yes

Able To Trade: stocks, bonds, mutual funds, ETFs, options, futures, foreign exchange

Inactivity Fee: $0

Outgoing Transfer Fee: $75

How TD Ameritrade Compares: Key Benefits Of TD Ameritrade

Here are some of the reasons that investors love TD Ameritrade:

  • Account Minimum:You can open a TD Ameritrade online stock brokerage account with $0.
  • Commission-Free: TD Ameritrade offers more than 4,000 commission-free mutual funds and 300 commission-free ETFs.
  • Real-Time:TD Ameritrade offers real-time quotes and data.
  • Other Features:TD Ameritrade offers three different trading platforms (TDAmeritrade.com, Trade Architect and thinkorswim) as well as free research and data, free investment screening tools and a customizable dashboard.
  • Customer Support:TD Ameritrade offers 24/7 customer support.

Bottom Line: Is TD Ameritrade right for you?

TD Ameritrade has a top reputation as an online stock broker.

Its excellent trading platform, real-time data, free research and screening tools makes TD Ameritrade a solid investment platform. If you are looking for a low commission online stock broker, then TD Ameritrade can be a reliable match.

TD offers three trading platforms:

  1. TDAmeritrade.com
  2. Trade Architect
  3. Thinkorswim

You can trade on TDAmeritrade’s mobile app. Also, TD Ameritrade has its own physical branches, and will add several hundred additional branches through its acquisition of Scottrade.

TD Ameritrade offers more than 4,000 commission-free mutual funds and 300 commission-free ETFs, making it one of the best commission-free online stock broker platforms.

Next Steps: How To Apply To TD Ameritrade

You can open a TD Ameritrade account online within a few minutes, and the process is simple.


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Details

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Details

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Details

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