TD Ameritrade Review & User Rating 2020
TD Ameritrade is a broker that offers an electronic trading platform for the trade of financial assets including common stocks, preferred stocks, futures contracts, exchange-traded funds, options, cryptocurrency, mutual funds, and fixed income investments. It also provided margin lending, and cash management services.
- Start year: 1971
- Country of origin: Omaha, Nebraska, U.S.
- Regulation: Australian Securities and Investments Commission (ASIC)
- Payment options: Credit/debit cards, Wire transfer
- Minimum account size: $500
- Minimum lot size: 0,1
- Leverage: 1:50 to 1:500
- Spreads: from 0,4 pips
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. With clients placing, on average, approximately 500,000 trades each day, it maintains the leadership position it assumed when founder Joe Ricketts opened his doors in Omaha, NE, in 1975.
For over 40 years, TD Ameritrade has been proud to help our clients take their investing to the next level. Everything we offer – from guidance, to powerful trading tools, to retirement resources – is designed to help smart investors get smarter.
TD Ameritrade provides essential banking services to customers through 284 retail service centers across the United States. Like its closest competitors, TD Ameritrade offers mobile check deposit, online bill pay, and ATM fee reimbursement. TD Ameritrade also offers cash management accounts with FDIC-insurance protection. For investors who maintain high amounts of uninvested cash in their brokerage accounts, however, TD Ameritrade does not share the interest it earns.