TD Ameritrade is an online stock broker that provides a variety of investment options, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), options, and futures. It was founded in 1971 and has become one of the largest online brokers in the world, with over 11 million funded client accounts and over $1 trillion in assets under management. Here are some key points to know about TD Ameritrade:
- Comprehensive research tools: TD Ameritrade provides an extensive suite of research and educational tools, including real-time market data, news and analysis, earnings calendars, and third-party research reports. The broker also offers a variety of educational resources, including webinars, tutorials, and courses on investing and trading.
- Advanced trading platforms: TD Ameritrade offers multiple trading platforms for different types of investors, including the flagship thinkorswim platform, which is designed for active traders and includes advanced charting, real-time data, and customizable features. The broker also offers a web-based platform and a mobile app for on-the-go trading.
- Commission-free trading: TD Ameritrade offers commission-free trading for stocks, ETFs, and options, making it an attractive choice for investors looking to minimize costs. The broker also offers low fees for other investment products, including bonds and mutual funds.
- Access to global markets: TD Ameritrade provides access to a wide range of global markets, including over 100 foreign exchanges, allowing investors to trade stocks, bonds, and other securities from around the world. The broker also offers forex trading and access to futures and options markets.
- Robust account features: TD Ameritrade offers a variety of account types, including individual, joint, and retirement accounts, as well as custodial accounts for minors. The broker also offers a range of features, including tax-loss harvesting, automatic rebalancing, and a cash management account that earns interest and provides ATM fee reimbursement.
- Wide range of investment products: TD Ameritrade offers a vast array of investment products, including stocks, ETFs, mutual funds, bonds, options, futures, and forex, making it a one-stop-shop for all your investing needs.
- User-friendly platform: TD Ameritrade’s trading platform is intuitive and easy to use, even for beginners. It offers a wide range of tools and resources to help you make informed investment decisions.
- Low fees: TD Ameritrade has some of the lowest fees in the industry, with $0 commissions for online equity, ETF, and option trades.
- Educational resources: TD Ameritrade provides extensive educational resources to help investors learn more about investing, including articles, videos, webinars, and in-person seminars.
- Strong reputation: TD Ameritrade has been in the industry for over 40 years and has earned a strong reputation for its reliable and trustworthy services.
- Wide range of investment products: TD Ameritrade offers a vast array of investment products, including stocks, ETFs, mutual funds, bonds, options, futures, and forex, making it a one-stop-shop for all your investing needs.
- User-friendly platform: TD Ameritrade’s trading platform is intuitive and easy to use, even for beginners. It offers a wide range of tools and resources to help you make informed investment decisions.
- Low fees: TD Ameritrade has some of the lowest fees in the industry, with $0 commissions for online equity, ETF, and option trades.
- Strong reputation: TD Ameritrade has been in the industry for over 40 years and has earned a strong reputation for its reliable and trustworthy services.
- Customer support: TD Ameritrade provides excellent customer support, with 24/7 phone and chat support, as well as in-person support at its branch locations.
What types of accounts does TD Ameritrade offer?
TD Ameritrade offers a variety of account types, including individual brokerage accounts, joint accounts, IRAs, trust accounts, and more.
Is there a minimum deposit required to open an account with TD Ameritrade?
No, there is no minimum deposit required to open an account with TD Ameritrade.
Does TD Ameritrade offer any research or educational resources?
Yes, TD Ameritrade offers a variety of research and educational resources, including market news, analysis, and commentary, as well as access to third-party research and educational materials.
What trading platforms does TD Ameritrade offer?
TD Ameritrade offers two main trading platforms: thinkorswim, a more advanced platform designed for active traders, and the TD Ameritrade Mobile App, a more streamlined platform for on-the-go trading.
Does TD Ameritrade charge any fees for trades or account maintenance?
TD Ameritrade offers $0 commissions for online equity, ETF, and option trades. There are also no account maintenance or inactivity fees. However, there may be fees for certain transactions, such as wire transfers or paper statements.