TD Ameritrade

TD Ameritrade Overview

TD Ameritrade is an online broker that offers a wide range of services for investors and traders. TD Ameritrade provides access to over 100 markets and more than 11,000 products across asset classes, including stocks, options, ETFs, mutual funds, fixed income, futures, and Forex. 

TD Ameritrade includes a variety of trading platforms, research tools, and educational resources. The platform also provides access to trading tools such as real-time quotes, charting packages, and portfolio management tools.

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TD Ameritrade Trading Platforms

TD Ameritrade offers two main trading platforms: its web-based platform Trade Architect and its downloadable thinkorswim platform. Both provide comprehensive research tools with real-time data and market news feeds. Trade Architect includes an intuitive dashboard allowing you to scan for opportunities based on your criteria quickly. thinkorswim has a robust suite of analytical tools designed for active traders.

TD Ameritrade’s thinkorswim® trading platform is designed to provide investors with access to real-time streaming quotes and charts, market news, and analysis tools such as screeners and technical indicators. The platform offers powerful trading capabilities like complex order types and multi-leg options strategies. Additionally, TD Ameritrade’s mobile apps allow customers to trade anywhere from any device.

In addition to the two primary platforms, TD Ameritrade also provides Mobile Trader, which allows users to trade from their smartphones or tablets using their existing TD Ameritrade account information. TD Ameritrade’s mobile apps are available for both Android and iOS devices.

Investment Products and Account Types Offered by TD Ameritrade

TD Ameritrade offers a variety of investment products for individuals, businesses, and retirement accounts. For individual investors, TD Ameritrade provides access to stocks, options, ETFs, mutual funds, bonds, CDs, fixed-income investments, and more. The company also offers trading in forex and futures markets.

In addition to traditional investments like stocks and bonds, TD Ameritrade also allows clients to trade complex derivatives such as options contracts. Options contracts give investors the right but not the obligation to buy or sell an underlying asset at a predetermined price on or before a certain date. Options can be used for hedging or speculating on future stock price movements.

Account Types Offered by TD Ameritrade

TD Ameritrade offers a variety of account types, ranging from individual and joint brokerage accounts to retirement accounts like Traditional IRAs, Roth IRAs, SEP IRAs, and more. You can also open custodial accounts for minors or trust accounts. TD Ameritrade also provides corporate and business accounts.

TD Ameritrade Fees and Commissions

TD Ameritrade charges a base commission of $0 for stock and ETF trades. Options contracts cost $0.65 per contract. The broker does not charge additional fees or surcharges, such as platform or account inactivity fees.