Autotrade is a service provided by TD Ameritrade that automatically enters trade recommendations you receive from TradeWise and other third-party newsletter providers into your TD Ameritrade account. Autotrade is available at no additional fee. There are subscription fees for the third-party newsletters and all trades initiated via Autotrade are subject to your individual commission rates and fees as a TD Ameritrade client.
- Convenience - You don't have to take the time to enter a trade when your newsletter provider makes a trade recommendation. Trades are automatically entered for you.
- Control - You determine your allocations on a per trade basis. And you can terminate Autotrade at any time.
- Simplicity - Set-up is simple. First, you will need to upgrade your account in order to access the Autotrade service**.
What are the risks?
As with all trading, there are risks, including risk of investment loss, to making trades via Autotrade depending on the type of trading you are doing. TD Ameritrade does not attest to the risk, accuracy, completeness or suitability of any third-party provider's recommendations. You should read all agreements, terms and conditions carefully and contact each provider to determine the individual risks.
|Third-party newsletter providers
- Big Trends
- MT Options
- NOS Uncovered Options
- Investors Observer
- Option Principal
- Terrys Tips***
- The Smarter Options
- MTGlobal Trader
Open an account to get access to the Autotrade service**.
Login to your account, go to the Trade tab, and select the Autotrade page.
Select the "Upgrade now" button to read and agree to the upgrade agreement for Autotrade.