TD Ameritrade
TD Ameritrade is a popular online broker that offers a variety of investment products and services to individual investors and traders. The company was founded in 1971 and is headquartered in Omaha, Nebraska.
TD Ameritrade provides access to a wide range of investment products, including stocks, options, mutual funds, exchange-traded funds (ETFs), futures, and foreign exchange (forex). The company also offers a number of trading platforms, including the thinkorswim platform, which is designed for active traders and offers advanced charting, analysis, and trading tools.
In addition to its trading platforms, TD Ameritrade also provides a variety of educational resources for investors and traders, including webinars, articles, and videos. The company's website and mobile apps are user-friendly and offer a wide range of features, including real-time quotes, news, and research.
In 2020, Charles Schwab announced plans to acquire TD Ameritrade, and the two companies merged in October of that year. Today, TD Ameritrade continues to operate under the Charles Schwab brand.
Pros
- Wide range of investment products
- Advanced trading platforms
- Educational resources
- User-friendly website and mobile apps
- Customer support
Cons
- High fees
- Minimum account balance requirements
- Limited availability of commission-free ETFs
- No fractional shares
- High margin rate
Google rating: 5.0/5.0
Fees: $0 stock trades
Website: https://www.tdameritrade.com/
