What is TD Ameritrade?
As one of the largest online investment brokerages, TD Ameritrade leads the way with standout free-of-charge features. A perfect trading platform for beginners or seasoned investors, the company provides access to stocks, bonds, mutual funds, and futures to keep your portfolio well diversified. TD Ameritrade makes it easy for you to make informed decisions regarding your investments with tons of research options available.
Recently, Charles Schwab acquired TD Ameritrade. The merger between the two will take several years but will only enhance the products and services the company is known for.
Is TD Ameritrade Right for You?
Looking to start investing? Maybe you’re already an active trader? Either way, TD Ameritrade is for you. TD Ameritrade gives you the knowledge to become a smart and savvy investor with industry-leading technology and educational resources at your fingertips.
Consistently rated as one of the top online brokers, TD Ameritrade requires a zero-dollar minimum investment and boasts commission-free trades and no hidden fees.
TD Ameritrade Offerings
Standard Brokerage Account
This basic investment account is perfect for the everyday investor. Available as an individual or joint account, you can access a broad selection of investment products, including research options and different trading platforms. It’s possible to upgrade the account for forex and options trading.
Specialty Accounts
Planning for the future is easy with TD Ameritrade. They offer a variety of specialty accounts for yourself or your business needs. Here are just a few of their different options:
- Trusts
- Limited Partnerships
- Partnerships
- Limited Liabilities
- Sole Proprietorship
- Corporate
- Small Business Plans
Education Savings Accounts
Start socking away for future educational needs with TD Ameritrade’s flexible state-qualified 529 plans and Coverdell Savings Accounts. These accounts make it easy to cover the costs of tuition, books, and other educational expenses when the time comes.
Retirement Accounts
Let TD Ameritrade help you reach your retirement goals. Learn about their Traditional or Roth IRAs and find out the tax advantages of each and how tax planning can help your future.
Managed Portfolios
Nervous about investing? TD Ameritrade’s got you covered with professionally managed portfolios. Let the experts help you grow your money and hit all your financial goals. All you need to do is answer a few questions, and our team of advisors will select a plan that works for you. They’ll consistently monitor it and allocate your investments based on your financial objectives.
TD Ameritrade Trading Platforms
TD Ameritrade.com
This is the on-ramp platform for the everyday investor. Featuring easy access to their account, customers can review their balance, make trades, and research the latest trends. The website also has built-in access to the latest stock reviews from financial pros, along with a much-needed tax time tool that keeps track of capital gains and losses.
Thinkorswim Desktop and Web
The Thinkorswim platform was designed with the serious investor in mind. Developed with feedback from experienced traders, Thinkorswim includes advanced capabilities that allow customers to trade equities and derivatives, all while having access to a range of technical analysis tools readily available.
Mobile App
These days, mobile apps are necessary for the advanced investor. The TD Ameritrade app offers many of the same functions as its web platform but in two different apps. The traditional TD Ameritrade apps provide the same functionality as the web, with the option to trade and research stocks and access recent headlines as one of its main features.
Thinkorswim app is much more analytical and designed to keep track of advanced trading options like futures and forex. It features customizable charts and live communication with experts for immediate help.
TD Ameritrade Features
Online Trading Platform and Mobile App
The web-based trading platform and mobile app make it easy to manage investments and stay up to date with the latest financial news no matter where you are.
Several Account Types
A host of different account types are available to help you reach your financial goals. With everything from retirement accounts to education, TD Ameritrade has you covered.
Mutual Fund Selection
A TD Ameritrade login gives access to resources that can help you pick from over 13,000 mutual funds. Choose your fund based on its past performance and its outlook moving forward.
No Minimums
One of the biggest advantages of a TD Ameritrade account is that no account minimums are necessary.
Customer Support
TD Ameritrade customer service goes above and beyond with phone support 24/7. There are various other ways to get in touch, either through text, Facebook Messenger, or Twitter direct message. With branches located nationwide, getting support in person is just as easy.
Research and Screeners
TD Ameritrade prides itself on its research options, allowing customers to analyze investment strategies and evaluate performance. Use the screener option to find stocks or mutual funds that are based on your specified criteria.
TD Ameritrade Fees and Commissions
With no annual fees, stock trading costs, and commission-free EFTs, TD Ameritrade is an attractive option for novice or seasoned investors.
How to Get Started with TD Ameritrade
Setting up an account is easy. TD Ameritrade makes it easy to select the account that’s perfect for your financial goals. From there, you’re just a few clicks away from getting started and growing your money.
