TD Ameritrade review (2022)

TD Ameritrade homepage

TD Ameritrade was founded by Joe Ricketts in 1975 in Omaha, NE. TD Ameritrade offers diverse selection of investment products where traders can trade on stocks, options, mutual funds, ETFs, futures, forex, bonds and CDs and many more. TD Ameritrade is authorised and regulated by the Securities and Exchange Commission (SEC),

 

Security

TD Ameritrade is a member of the Securities Investor Protection Corporation (SIPC) which protects securities customers of its members up to $500,000 including $250,000 for claims for cash. Also, TD Ameritrade provides each client $149.5 million worth of protection for securities and $2 million of protection for cash through supplemental coverage provided by London insurers.

 

TD Ameritrade platforms

Trading Platforms

TD Ameritrade offers an Investing Web Platform, thinkorswim desktop, thinkorswim web and mobile apps.

 

Web Platform

  • Access independent third-party research, educational resources, and planning tools
  • Stay up-to-date on the latest financial news from Yahoo! Finance in the customizable Dock

 

thinkorswim Desktop

  • Elite level tools to perform analyses and test strategies
  • Idea generation with market scans and ability to monitor potential risk/reward
  • Onboarding tools like thinkManual and platform tutorials to get started quickly
  • Fully customizable, downloadable software

 

thinkorswim Web

  • An intuitive interface that puts critical tools front and center
  • Preconfigured strategies that allow you to set up trades in just a click
  • Web-based access anywhere with an internet connection

TD Ameritrade mobile trading

Mobile Trading

  • A choice of device-optimized mobile apps, now including Apple Watch™
  • The ability to manage investments, seize opportunities, and more

 

Accounts

  • Standard Account
  • Retirement Accounts
  • Education Accounts
  • Specialty Accounts
  • Margin Trading Account

 

TD Ameritrade education

Education

  • Immersive Curriculum
  • Articles
  • Videos
  • Webcasts
  • TD Ameritrade Network
  • In-person events

 

Costs

With TD Ameritrade there is no minimum requiremnt to open a new account, however, a $2,000 deposit is required to be considered for margin and certain options. Deposits can be made via Electronic Bank Deposit, Wire Transfer, Check, Account Transfer from Another Firm and Physical Stock Certificates.

 

Customer Support

TD Ameritrade provides cutomer support 24/7 via live chat, email, telephone and fax.

 

Media

 

Regulation

TD Ameritrade is authorised and regulated by the Securities and Exchange Commission (SEC).

 

Conclusion 

TD Ameritrade provides 24 hours a day, seven days a week  assstance to attend to all clients queries. Traders can trade on a wide range of assets on both the web platform and the thinkorswim platform as well as on the mobile apps. TD Ameritrade provides security and safety of clients accounts under the (SIPC).

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