TD Ameritrade

Get in touch

Call, email 24/7 or visit a branch

  • Call us: 800-454-9272
  • Email us

Trade commission–free for 60 days

+ get up to $600*

See details

Pricing

Straightforward pricing.

Straightforward pricing. No hidden fees.

Open new account

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