TD Ameritrade

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  • Call us: 800-454-9272
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Trade commission–free for 60 days

+ get up to $600*

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Pricing

Straightforward pricing.

Straightforward pricing. No hidden fees.

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StocksETFsMutual FundsOptionsFixed IncomeFuturesForex Currency

Stocks

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. When an order is partially executed over multiple trading days, the order is subject to a separate commission charge for each trading day.

ETFs

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 550 commission-free, non-proprietary ETFs. For all other ETFs, it’s only $6.95 to  trade ETFs online. Learn more on our ETF page.

Mutual Funds

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. To learn more about NTF funds, please visit our Mutual Funds page.

Options

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

Rated best in class for "options trading" by StockBrokers.com, 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.

Fixed Income

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.

Bonds

  • Treasuries at auction

    Available Commission Free

  • All other bonds and CMOs

    On a net yield basis

CDs

  • New issue

    On a net yield basis

  • Secondary

    On a net yield basis

UITs

  • New issue

    Placement fee from issuer

  • Secondary

    Placement fee from issuer

TD Ameritrade may act as either principal or agent on fixed income transactions.  When acting as principal, TD Ameritrade will add a markup to any purchase, and subtract a markdown from every sale.  This markup or markdown will be included in the price quoted to you.  When acting as agent, TD Ameritrade will charge $1 per bond or CD on secondary transactions (subject to a $10 minimum and a maximum of $500).  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.

Futures

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 $0.02 per contract. All prices are shown in U.S. Dollars.

Forex Currency

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.

FX non-commission

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.

FX Commission

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.

FX Margin

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

FX Liquidation Policy

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.

Check the background of TD Ameritrade on FINRA's BrokerCheck

TD Ameritrade

Call Us 800-454-9272

AdChoices

Carefully consider the investment objectives, risks, charges and expenses before investing. A prospectus, obtained at tdameritrade.com or by calling 800-669-3900, contains this and other important information about an investment company. Read carefully before investing.

1 The Fund Family will charge fees as detailed in the fund prospectus.

No-Transaction-Fee (NTF) mutual funds are no-load mutual funds for which TD Ameritrade does not charge a transaction fee. Mutual funds have other fees, and expenses that apply to a continued investment in the fund and are described in the prospectus.

Market volatility, volume, and system availability may delay account access and trade executions.

All investing involves risk, including loss of principal.  When redeemed, an investment may be worth more or less than the original investment amount.

TD Ameritrade does not charge platform, maintenance, or inactivity fees. Commissions, service fees, and exception fees still apply. Please review our commission schedule and rates and fees schedule for details.

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 are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.

Reviewed against 15 other online brokers, TD Ameritrade was named Best in Class (within the top 5) for Options Trading in the StockBrokers.com 2019 Online Broker Review. Read our review.

Investments in fixed income products are subject to liquidity (or market) risk, interest rate risk (bonds ordinarily decline in price when interest rates rise and rise in price when interest rates fall), financial (or credit) risk, inflation (or purchasing power) risk and special tax liabilities. Investments in fixed income products are subject to market risk, credit risk, interest rate risk and special tax liabilities. May be worth less than the original cost upon redemption.

Futures and futures options trading is speculative, and is not suitable for all investors.  Please read the Risk Disclosure for Futures and Options prior to trading futures products. Clients must consider all relevant risk factors, including their own personal financial situation, before trading.

Forex trading involves leverage, carries a high level of risk and is not suitable for all investors. Please read the NFA Booklet: What Investors Need to Know prior to trading forex products.

A forex dealer can be compensated via commission and/or spread on forex trades by its liquidity provider. TD Ameritrade Futures & Forex LLC is subsequently compensated by the forex dealer/ liquidity provider. Additional information may be found in its NFA 2-36 and CFTC 1.55 Disclosure Document.

Forex trading exposes you to risk including, but not limited to, market volatility, volume, congestion, and system or component failures which may delay account access and Forex trade executions. Prices can change quickly and there is no guarantee that the execution price of your order will be at or near the quote displayed at order entry. Delays in account access and execution at a different price is more likely to occur in conditions such as a fast-moving market, at market open or close, or due to the size and type of order.

Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC).

Futures and/or Forex trading privileges subject to TD Ameritrade Futures and Forex LLC review and approval. Not all account owners will qualify. Forex accounts are not available to residents of Ohio and Arizona.

*Offer valid for one new Individual, Joint or IRA TD Ameritrade account opened by 9/30/2019 and funded within 60 calendar days of account opening with $3,000 or more. To receive $100 bonus, account must be funded with $25,000-$99,999. To receive $300 bonus, account must be funded with $100,000-$249,999. To receive $600 bonus, account must be funded with $250,000 or more. Offer is not valid on tax-exempt trusts, 401k accounts, Keogh plans, profit sharing plan, or money purchase plan. Offer is not transferable and not valid with internal transfers, TD Ameritrade Institutional accounts, accounts managed by TD Ameritrade Investment Management, LLC, current TD Ameritrade accounts or with other offers. Accounts funded with $3,000 or more are eligible for up to 500 commission-free trade internet equity, ETF, or option trades executed within 60 calendar days of account funding. All other trade types are excluded from this offer. Contract, exercise, and assignment fees still apply. No credit will be given for unexecuted trades. Limit one offer per client. Account value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 12 months, or TD Ameritrade may charge the account for the cost of the offer at its sole discretion. TD Ameritrade reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Please allow 3-5 business days for any cash deposits to post to account. Taxes related to TD Ameritrade offers are your responsibility. All promotional items and cash received during the calendar year will be included on your consolidated Form 1099. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules. (Offer Code: 220)

This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.

Brokerage services provided by TD Ameritrade, Inc., member FINRA/ SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2019 TD Ameritrade.