Stocks
Internet
$6.95
Interactive Voice Response (IVR) Phone System
$34.99
Broker-assisted
$44.99
Don't let trading fees eat up your profits. With TD Ameritrade, trade stocks online for $6.95 per trade. That's the price you pay regardless of your account balance or how often you trade. Plus there are no share or market/limit order requirements.
ETFs
Commission-free ETFs
No commission
Internet
$6.95
Interactive Voice Response (IVR) Phone System
$34.99
Broker-assisted
$44.99
TD Ameritrade features more than 300 commission-free, non-proprietary ETFs. For all other ETFs, it’s only $6.95 to trade ETFs online.
Mutual Funds
No-Transaction-Fee (NTF)
No commission
No-Load
$49.99
Load
No commission
TD Ameritrade offers hundreds of no-transaction-fee (NTF) funds from leading fund families. Rather than promoting our own mutual funds, TD Ameritrade has tools and resources that can help you choose mutual funds that match your objectives.
Carefully consider the investment objectives, risks, charges, and expenses of a mutual fund before investing. To obtain a prospectus containing this and other important information, please visit www.tdameritrade.com or call a TD Ameritrade representative at 800-669-3900. Please read the prospectus carefully before investing.
Please note: No-transaction fee (NTF) funds (except ProFunds and Rydex) held 180 days or less are subject to a Short-Term Redemption fee, which is a flat fee of $49.99. This fee is in addition to any fees addressed in the fund's prospectus.
TD Ameritrade receives remuneration from fund companies participating in its no-load, no-transaction-fee program for record-keeping and shareholder services and other administrative services. The amount of TD Ameritrade remuneration for these services is based in part on the amount of investments in such funds by TD Ameritrade clients. No-transactions-fee funds have other fees and expenses that apply to a continued investment in the fund and are described in the prospectus.
* The Fund Family will charge fees as detailed in the fund prospectus.
Note: Commission Schedules and Fees may vary by program, location or arrangement and are subject to change upon 30 days notice. All prices are shown in U.S. dollars. TD Ameritrade charges a Reg Fee on certain transactions. These charges are typically based on fees assessed under various regulations applicable to transactions. It may include any of the following: a sales fee on certain sell transactions (assessed at a rate consistent with Section 31 of the Securities and Exchange Act of 1934), the Options Regulatory Fee (applicable to options transactions), among other charges.
Options
Internet
$6.95 + $0.75
fee per contract
Options exercises and assignments
$19.99
Interactive Voice Response (IVR) Phone System
$34.99 + $0.75
fee per contract
Broker-assisted
$44.99 + $0.75
fee per contract
Tied for top star ratings (4 and 1/2stars) in the "Best for Options Traders" category by Barron's*, TD Ameritrade features low, straightforward commissions on option trading. Plus, nickel buyback lets you buy back single order short option positions - for both calls and puts - without any commissions or contract fees if the price is a nickel or less. There is no waiting for expiration.
Note: Options involve risks and are not suitable for all investors.
Note: Commission Schedules and Fees may vary by program, location or arrangement and are subject to change upon 30 days notice. All prices are shown in U.S. dollars. TD Ameritrade charges a Reg Fee on certain transactions. These charges are typically based on fees assessed under various regulations applicable to transactions. It may include any of the following: a sales fee on certain sell transactions (assessed at a rate consistent with Section 31 of the Securities and Exchange Act of 1934), the Options Regulatory Fee (applicable to options transactions), among other charges.
Fixed Income
You have your choice of offerings ranging from the simplest CD to more complex, structured fixed-income investment at affordable pricing with TD Ameritrade. Add bonds or CDs to your portfolio today.
Treasuries at auction
$25 flat fee
All other bonds and CMOs
On a net yield basis
New issue
On a net yield basis
Secondary
On a net yield basis
New issue
Placement fee from issuer
Secondary
Placement fee from issuer
TD Ameritrade may act as principal on any fixed-income transaction. When acting as principal and receiving compensation on a net yield basis, we will add a markup to any purchase, and subtract a markdown from every sale. The markup or markdown will be included in the price and yield quoted to you. Bond and CMO buy orders are subject to a five-bond ($5,000 par value) minimum. CD buy orders are subject to a two-CD ($2,000 par value) minimum.
Note: Commission Schedules and Fees may vary by program, location or arrangement and are subject to change upon 30 days notice. All prices are shown in U.S. dollars. TD Ameritrade charges a Reg Fee on certain transactions. These charges are typically based on fees assessed under various regulations applicable to transactions. It may include any of the following: a sales fee on certain sell transactions (assessed at a rate consistent with Section 31 of the Securities and Exchange Act of 1934), the Options Regulatory Fee (applicable to options transactions), among other charges.
Futures
Futures & Options on Futures
$2.25 fee per contract (plus exchange & regulatory fees)
You'll have easy access to a variety of available investments when you trade futures with a TD Ameritrade account, including energy, gold and other metals, interest rates, stock indexes, grains, livestock and more. A transparent Plus Fees pricing structure includes the commission plus the specific exchange and regulatory fees. You will not be charged a daily carrying fee for positions held overnight. Learn more about futures trading.
Note: Exchange fees may vary by exchange and by product. Regulatory fees are assessed by the National Futures Association (NFA) and are currently $0.01 per contract. All prices are shown in U.S. Dollars.
Forex Currency
You have more choices in Forex trading with TD Ameritrade, including over 70 different currency pairs and many non-commission currency pairs. See below for pricing and terms regarding commission-based forex pairs, as well as margin requirements.
Non-commission currency pairs trade in increments of 10,000 units (and do not contain a “#” symbol suffix). The cost of the trade is reflected in wider spreads and TDAFF is compensated by its liquidity provider based on the volume of non-commission pairs.
Commission currency pairs trade in increments of 1,000 units and are subject to a fixed commission structure. The commission is $0.10 per 1,000 units with a minimum charge of $1.00. With the commission charges based on the counter currency, the exact amount may vary slightly due to currency valuations.
As of October 17, 2010, at 5 pm EDT, the maximum leverage on all major currency pairs is 50:1 and 20:1 on all exotic currency pairs
10,000 units USD/CAD (major pair)
50:1 leverage
200 margin requirement
10,000 units USD/MXN (exotic pair)
20:1 leverage
$500 margin requirement
Liquidation of positions will occur:
Once daily for any account with a risk level of less than 100% at 4 am EDT
Intraday if the risk level in the account falls to 25% or below, whichever comes first.
If you request a distribution from your Individual Retirement Account (IRA) and you do not make an election regarding state tax withholding, your state of residence may require withholding at a statutory minimum rate. This information is provided to help you understand state income tax withholding requirements for IRA distributions. TD Ameritrade does not provide tax advice and cannot guarantee accuracy of state tax withholding information as state laws are subject to change and interpretation.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld regardless of federal income tax election, unless you elect not to withhold. If you make no election, California requires that withholding be taken at the minimum rate of 10% of federal withholding election.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
Connecticut requires state income tax for all distributions. If you make no election, Connecticut requires that withholding be taken at the minimum rate of 6.99% on distributions from retirement accounts.*
*The state of Connecticut requires 6.99% tax withheld on distributions from retirement accounts. Residents can choose to have a smaller percentage withheld, or opt out of withholding entirely, by submitting a new distribution form and a Connecticut Form W-4P. The forms can be mailed to us at the address shown at the top of the distribution form, or faxed to us at 866-468-6268. Please note that reducing or eliminating this withholding may subject you to underpayment penalties. We suggest you consult with a tax-planning professional for more information.
State income tax will be withheld regardless of federal income tax election, unless you elect not to withhold. If you make no election, Delaware requires that withholding be taken at the minimum rate of 5.00%.
If electing a total distribution, you must elect to withhold state income tax when federal income tax is withheld from your distribution. If you do not make an election, District of Columbia requires that withholding be taken at the minimum rate of 8.95%.
If electing a partial distribution, State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
You must elect to withhold state income tax when federal income tax is withheld from your distribution. If you do not make an election, it will be withheld at the minimum rate of 5.00%.
State income tax will be withheld regardless of federal income tax election, unless you elect not to withhold. If you make no election, Kansas requires that withholding be taken at the minimum rate of 4.5%
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
You must elect to withhold state income tax when federal income tax is withheld from your distribution. If you do not make an election, Maine requires that withholding be taken at the minimum of 5.00%.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage. You cannot elect less than $5 if you choose to withhold.
You must elect to withhold state income tax when federal income tax is withheld from your distribution. If you do not make an election, it will be withheld at the maximum rate of 5.15%.
Michigan requires state income tax for all distributions. If you make no election, Michigan requires that withholding be taken at the minimum rate of 4.25% on distributions from retirement accounts.*
*The state of Michigan requires 4.25% tax withheld on distributions from retirement accounts. Residents can choose to have a smaller percentage withheld, or opt out of withholding entirely, by submitting a new distribution form and a Michigan Form W-4P. The forms can be mailed to us at the address shown at the top of the distribution form, or faxed to us at 866-468-6268. Please note that reducing or eliminating this withholding may subject you to underpayment penalties. We suggest you consult with a tax-planning professional for more information.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage. You cannot elect less than $10 if you choose to withhold.
Premature distributions have voluntary withholding elections with no minimums. State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
All other distributions you must elect to withhold state income tax when federal income tax is withheld from your distribution. If you do not make an election, it will be withheld at the minimum rate of 5%.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage. You cannot elect less than $10 if you choose to withhold.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage. You cannot elect less than $5 if you choose to withhold.
North Carolina requires state income tax for all distributions. If you make no election, North Carolina requires that withholding be taken at the minimum rate of 4.00% on distributions from retirement accounts.†
**The state of North Carolina requires 4.00% tax withheld on distributions from retirement accounts. Residents can choose to have a smaller percentage withheld, or opt out of withholding entirely, by submitting a new distribution form and a North Carolina Form NC–4P. If your distribution is an eligible rollover distribution, you do not have the option of electing not to have State income tax withheld from the distribution. The forms can be mailed to us at the address shown at the top of the distribution form, or faxed to us at 866-468-6268. Please note that reducing or eliminating this withholding may subject you to underpayment penalties. We suggest you consult with a tax-planning professional for more information.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
You must elect to withhold state income tax when federal income tax is withheld from your distribution. If you do not make an election, Oklahoma requires that withholding be taken at the minimum rate of 5.00%.
State income tax will be withheld regardless of federal income tax election, unless you elect not to withhold. If you make no election, Oregon requires that withholding be taken at the minimum rate of 8.00%.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld regardless of federal income tax election, unless you elect not to withhold. If you make no election, Vermont requires that withholding be taken at the minimum rate of 24% of federal withholding election.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage.
State income tax will be withheld only if you instruct us to do so. If you want state income tax to be withheld, you must indicate the amount or percentage. You cannot elect less than $5 if you choose to withhold.
State income tax will not be withheld from your distribution, even if you elect to withhold state income tax.