TD Ameritrade

TD Ameritrade

TD Ameritrade

Rating:

Commissions:

$9.99 per trade

Required Initial Deposit:

$0 Minimum.

Trade Execution:

Slow execution for OTC stocks, not as fast as Etrade or Interactive Brokers fills.

Think or Swim Platform

Customer Service:

If having access to 24/7 customer support by phone and email is important to you, then TD Ameritrade has you covered, when it comes to support the bottom line is that for a full-service broker, great customer service is expected, and TD Ameritrade delivers, regardless of the communication avenue. Overall rating 4/5

TD Ameritrade is best for:

-Mobile App

-Platform (TOS) ThinkorSwim, Free to use for life once opened an account $0 minimum

-Customer Service

 

The biggest Advantage using TD Ameritrade:

No minimum opening deposit, you can fund an account with $10 and use there thinkorswim platform real-time data, and their mobile app for free. There’s no inactivity fees, if you like the broker your trading with but dislike the platform simply do what I do, use thinkorswim for market data, charts etc, they also have the best mobile app I personally use it to create my watchlists and study chart history. I don’t recommend trading with TD Ameritrade but if you’re looking for a platform to use you won’t regret opening an account and using thinkorswim.

My Experience:

I fell in love with the thinkorswim platform and the TD Ameritrade mobile app a few years ago, TD Ameritrade by far has the best mobile app, I use it daily to create watchlist, and study charts. I’ve made 100s of trades on my iphone and have not experienced any problems. I don’t recommend trading with them, I only recommend using their platform for data, charts etc, then trade on another broker. It’s a huge disadvantage to not have quick executions and you will rarely find opportunities to short sell stocks using TD Ameritrade.

Demo Account:

TD Ameritrade allows you to trade 60 days using their paper trading account which is funded with $100,000 of paper money, you will rarely be able to short and there’s a 15-minute delay in market data. If you want to try it out, click here.

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