TD Ameritrade

Common stocks, preferred stocks, futures contracts, exchange-traded funds, foreign exchange, options, mutual funds, fixed-income investments, margin lending, and cash management services are just a few of the financial instruments that can be traded electronically through the stockbroker TD Ameritrade. Revenue for the business comes from commissions for executing orders, interest income on margin accounts, and payment for order flow.

You're in the right place if investing is your passion. They equip you with the information you need to become an even wiser investor, from knowledgeable associates to market-leading education and technology. To keep diversified and prepared to seize more chances, have access to equities, bonds & CDs, options, non-proprietary mutual funds, derivatives, currency, commission-free ETFs*, and more. Trades without commissions are prevalent. There are wiser investors here. Value is so much more than just a dollar amount. You may trade online commission-free with TD Ameritrade, and there are no deposit requirements, trading minimums, or additional fees to worry about.

The platforms are packed with cutting-edge tools and features to give you everything you need to make wiser, more informed decisions, whether you are actively trading or investing over the long term. Regardless of the platform you select, you can do stock research, make trades, and manage your portfolio with information supported by real-time prices, experts with years of experience, and live-streaming CNBC.

Pros:

• Commission-free stock and ETF trades.
• Free research.
• High-quality trading platforms.
• No account minimum.
• Good customer support.
• Large investment selection.

Cons:

• No fractional shares.

Founded: 1971

Revenue: $4.358 billion (2020)

Website: https://www.tdameritrade.com/

NerdWallet rating: 5.0/5.0