Td Ameritrade Reviews

TD Ameritrade offers a range of key features and benefits for investors. The platform provides commission-free trading on stocks, ETFs, and options, making it cost-effective for traders. The thinkorswim platform is highly regarded for its advanced trading tools and research capabilities, catering to both novice and experienced traders. Educational resources such as interactive courses and webcasts help investors improve their trading skills. The platform supports a wide variety of investment options, including stocks, bonds, mutual funds, ETFs, options, IPOs, futures, forex, margin, and crypto trading. Customer support is known for being responsive and helpful, ensuring a smooth trading experience. No account minimums make it accessible for all types of investors. Managed Portfolios offer a hands-off investment approach for those who prefer professional management.

TD Ameritrade has been acquired by Charles Schwab. The pricing structure includes $0 commission on listed stocks and ETFs for online trades. Options trading costs $0.65 per contract. For broker-assisted trades, there is an additional $25 service charge. Mutual funds on the Schwab Mutual Fund OneSource platform have $0 commission. OTC trades cost $6.95. Futures and futures options are priced at $2.25 per contract. Forex trades have $0 commission, with costs reflected in the bid/ask spread. Treasuries and CDs have $0 commission for online trades, with a $25 service charge for broker-assisted trades. Foreign stock transactions placed on the U.S. OTC market incur a $50 foreign transaction fee. Canadian securities cost $6.95 for online trades, with an additional $25 service charge for broker-assisted trades. Investment management fees and account minimums vary based on the type of account and services selected.