TD Ameritrade

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Call or visit a branch

  • Call us: 800-454-9272

Get up to $600 when you

open and fund an account*

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Pricing

Commission-free trading

Our award-winning investing experience, now commission-free

Open new account

Introducing $0 commissions on online stock, ETF, and option trades.** When you add this to our best-in-class platforms, award-winning education and service, and a network of over 275 branches, you'll see why TD Ameritrade is the smarter way to trade.

**Applies to U.S. exchange-listed stocks, ETFs, and options. A $0.65 per contract fee applies for options trades.

StocksETFsMutual FundsOptionsFixed IncomeFuturesForex Currency

Stocks

Stocks

  • Online

    $0.00

  • Interactive Voice Response (IVR) Phone System

    $5.00

  • Broker-assisted

    $25.00

We deliver added value with our order execution quality, with 98% of executed market orders receiving a better price than the National Best Bid and Offer (NBBO) at the time of routing.2

Note: $0 commission applies to exchange-listed U.S. stock, domestic and Canadian ETF, and option trades. $0.65 per options contract fee, with no exercise or assignment fees. A $6.95 commission applies to online trades of over-the-counter (OTC) stocks (stocks not listed on a U.S. exchange).

ETFs

ETFs

  • Commission-free ETFs

    $0.00

  • Online

    $0.00

  • Interactive Voice Response (IVR) Phone System

    $5.00

  • Broker-assisted

    $25.00

TD Ameritrade features more than 2,300 commission-free ETFs. Learn more on our ETFs page.

We deliver added value with our order execution quality, with 98% of executed market orders receiving a better price than the National Best Bid and Offer (NBBO) at the time of routing.2

Note: $0 commission applies to exchange-listed U.S. stock, domestic and Canadian ETF, and option trades. $0.65 per options contract fee, with no exercise or assignment fees. A $6.95 commission applies to online trades of over-the-counter (OTC) stocks (stocks not listed on a U.S. exchange).

Mutual Funds

Mutual Funds

  • No-Transaction-Fee (NTF)

    No commission

  • No-Load

    $49.99

  • Load1

    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

  • Online

    $0.00
    $0.65 fee per contract

  • Options exercises and assignments

    $0.00

  • Interactive Voice Response (IVR) Phone System

    $5.00 + $0.65
    fee per contract

  • Broker-assisted

    $25.00 + $0.65
    fee per contract

Rated best in class for "options trading" by StockBrokers.com, TD Ameritrade features 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.  At TD Ameritrade, Forex currency pairs are traded in increments of 10,000 units and there is no commission. However, the cost of the trade is reflected in the spread and TDAFF is compensated by its liquidity provider based on the volume.

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.

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