TD Ameritrade- Advanced stock trading app
TD Ameritrade is one of the most influential and popular stock trading services on the market today, and it`s easy to see why.
This broker was one of the first major trading services to remove all commission charges on ETFs and stocks in late 2019. Today, with TD Ameritrade, you can trade commissionfree on ETFs, exchangelisted stocks, and options. However, a fee does apply for contracts on options trades. Also, nonUS OTC stock trades incur an additional charge.
You can actually access your TD Ameritrade trading account from multiple applications. First up is the TD Ameritrade mobile application. It is aimed at a relatively simple investment. It allows you to create price alerts, view stock watchlists, and browse charts with custom indicators. If you are new to stock trading, this is the right choice for you. The app allows you to easily view a summary of your trading activity and access TD Ameritrade's rich content and research to better understand the market.
However, if you are an experienced trader or day trader and do not use a buy-and-hold strategy, thinkorswim is the best choice for developing your TD Ameritrade portfolio. This mobile tool is powerful enough to be used to develop and execute complex trading strategies on the go. The thinkorswim app makes this possible by providing essentially the same features you would find on a full desktop trading platform. This means you can send real-time data and trade directly from the charting interface.
The TD Ameritrade thinkorswim platform was originally released only as a desktop tool that can still be used with a mobile app. Additionally, the company recently launched a web version of thinkorswim for a more convenient trading experience in your browser.
Reasons to buy
- +top customer support
- +separate apps for different trading styles
- +single page market and account summaries
Reasons to avoid
- -non-us over-the-counter trades are pricey
- -broker-assisted trades are expensive
Website: https://www.tdameritrade.com/
