TD Ameritrade

The difference is in the data

Offering immediate access to a knowledgeable support network, cutting-edge platforms, independent third-party research, and powerful educational resources – all on top of a straightforward pricing structure – when you get down to it, there’s no comparison between TD Ameritrade and our competitors.

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As of March 6, 2017TD Ameritrade
Fidelity
  • Fidelity
  • Schwab
  • E*TRADE
Schwab
  • Fidelity
  • Schwab
  • E*TRADE

Select a competitor

  • Fidelity
  • Schwab
  • E*TRADE
Local representatives available 24/7 by phone and emailYesYesYesYes 
Support via phone, email, online chat, social media, and at local branchesYesYesYesYes 
Number of branches

126

170+

300+

30

 
As of March 6, 2017TD Ameritrade
Fidelity
  • Fidelity
  • Schwab
  • E*TRADE
Schwab
  • Fidelity
  • Schwab
  • E*TRADE

Select a competitor

  • Fidelity
  • Schwab
  • E*TRADE
Access to all trading platforms

Free

Requires 36 trades per year

Free

Requires 30 trades per quarter or platform fee

 
Access to real-time streaming quotes

Free (for non-professionals)

Platform conditions apply

Free (for non-professionals)

Platform fee or conditions apply

 
Access to Level II quotes

Free (for non-professionals)

Platform conditions apply

Platform conditions apply

Platform fee or conditions apply

 
Qualified investors can use options and futures to manage risk within an IRA

Yes

No

No

No

 
Charting packages with over 400 technical indicators, drawing tools

Yes (thinkorswim platform)

No

No

No

 
Virtual, practice trading in historical and current markets

Yes (paperMoneyR, thinkOnDemandTM, &  Mobile Trader app)

No

No

No

 
Ability to trade equities, complex options, futures, options on futures and forex trades via mobile app

Yes (TD Ameritrade Mobile Trader)

No

No

Yes (complex options)

 
Access to CNBC and CNBC International

Yes (thinkorswim & Trade Architect platform)

No

CNBC TV Only

No

 
Access to live audio from the trading pits

Yes (thinkorswim platform)

No

No

No

 
Create pre-defined covered call strategies that automatically roll forward*

Yes (StrategyRoller®)

No

No

No

 
Express portfolio risk in terms of volatility compared to a benchmark like the S&P 500

Yes (Beta Weighting on the thinkorswim platform)

No

No

No

 
Speak with former floor traders with hundreds of years of combined trading experience

Yes

No

No

No

 
As of March 6, 2017TD Ameritrade
Fidelity
  • Fidelity
  • Schwab
  • E*TRADE
Schwab
  • Fidelity
  • Schwab
  • E*TRADE

Select a competitor

  • Fidelity
  • Schwab
  • E*TRADE
Access to customized, interactive learning tools from leading educational affiliatesYes

No

No

No

 
As of March 6, 2017TD Ameritrade
Fidelity
  • Fidelity
  • Schwab
  • E*TRADE
Schwab
  • Fidelity
  • Schwab
  • E*TRADE

Select a competitor

  • Fidelity
  • Schwab
  • E*TRADE
Online equity trades

$6.95

$4.95

$4.95

$7.99 – 9.99

 
Minimum opening deposit

$0 ($2,000 for margin options)

$2,500

$1,000

$500

 
Access to real-time streaming quotes

Free

Platform conditions apply

Free

Platform fee or conditions apply

 
Access to Level II quotes

Free

Platform conditions apply

Platform conditions apply

Platform fee or conditions apply

 
As of March 6, 2017TD Ameritrade
Fidelity
  • Fidelity
  • Schwab
  • E*TRADE
Schwab
  • Fidelity
  • Schwab
  • E*TRADE

Select a competitor

  • Fidelity
  • Schwab
  • E*TRADE
Number of commission-free ETFs

101

84

226

108

 
Commission-free ETFs selected by independent third-partiesYes

No

No

No

 
Forex trading

Yes (100+ currency pairs)

No

No

Yes (56 currency pairs)

 
Wide array of investment products including:

Yes (ETF's, bonds, mutual funds, options, mini-options, futures, options on futures, and forex)

Yes(Mutual funds, ETFs, bonds, options, and stocks)

Yes (ETF's, futures, bonds, forex, mutual funds, options, mini-options, and options on futures)

Yes (ETFs, stocks, mutual funds, bonds, options, futures & forex)

 

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