| Community Rating | Strongly recommended |
| Minimum Initial Investment | $0 |
| Online Trade | $0 |
| Broker Assisted Trading Fee | $25 |
| Margin Rate | 7.5% - 9.5% |
| Number of Reviews | 16 |
TD Ameritrade Review
TD Ameritrade is a brokerage based in Wilmington, DE. Founded in 1855, TD Ameritrade is a good option for experienced traders who require additional research tools and more advanced reports.
This brokerage is a good choice for frequent traders who are looking for a fast platform with low costs that includes tools designed for day traders.
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What assets can you invest in with TD Ameritrade?
TD Ameritrade gives users access to a wide selection of investment choices. These include:| The Good | The Bad |
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What trading fees does TD Ameritrade charge?
The online trading fees of TD Ameritrade are below the average ($8.90) for online brokerages. However, there are other fees to consider.
| Trading Fees | Amount |
|---|---|
| Broker Assisted Trading Fee | $25 |
| Returned Deposit Fee (International) | $25 |
| Outgoing International Bank Transfer Fee | $25 |
How much do you have to invest to open an account?
TD Ameritrade does not have a minimum amount to start an account.
What is the minimum amount to open a margin account?
A margin account allows investors to borrow cash by using the securities and cash invested in the brokerage as collateral. TD Ameritrade offers investors this service but the minimum amount is $2,000.
What margin rates does TD Ameritrade offer?
TD Ameritrade offers a margin rate that ranges from 7.5% up to 9.5%.
What brokerage features does TD Ameritrade offer?
TD Ameritrade provides users with a variety of tools. These include:
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What research tools does TD Ameritrade offer investors?
TD Ameritrade is not only a brokerage. It's also an investment analysis platform that provides a wide selection of research tools. These include:
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Feature Breakdown
| Annual Fee | $0 |
| ETF Trades | $0 |
| Futures Contract Commission | $2.25 |
| Online Trade | $0 |
| Wire Transfer Fee - Domestic (Incoming) | $0 |
| Wire Transfer Fee - International (Incoming) | $0 |
| Paper Statement Fee | $2 |
| Returned Deposit Fee (Domestic) | $25 |
| Returned Deposit Fee (International) | $25 |
| Wire Transfer Fee - Domestic (Outgoing) | $25 |
| Wire Transfer Fee - International (Outgoing) | $25 |
| Margin Rate | 7.5% - 9.5% |
| Broker Assisted Trading Fee | $25 |
TD Ameritrade Community Reviews
Would you recommend TD Ameritrade to your friends?
