TD Ameritrade Online Broker Review
TD Ameritrade is a top online trading firm that began as a small brokerage company, known as First Omaha Securities. TD Ameritrade has grown over the years, mostly via a strategy of acquisition. For over 35 years it has remained a highly innovative, high growing pioneer in the brokerage industry.
In 1988, TD Ameritrade was the first broker to offer touch-tone phone trading. The firm became a publicly traded company in March 1997, after which it consolidated its various brokerage units into one broker dealer, Ameritrade, Inc.
MarketConsensus News recently published a comparison-ranking report on the top five US online brokers, with TradeKing taking the top spot, followed by TD Ameritrade, which was ranked #2.
TD Ameritrade Review:
- TD Ameritrade is one of the most popular and older online brokers
- Provides a wide range of research and trading tools that investors – from new to more experienced – have found to be very useful
- The firm is consistently recognized as one of the best online broker
- Provides free, powerful trading tools
- Offers innovative research interfaces
- TD Ameritrade is recognized for having a top Options and Mobile Trading platform
- Built with the individual investor in mind, with easy to use trading tools
- 24/7 customer support
- TD Ameritrade provides a wide ranging collection of investment choices
- A hybrid of full-service brokerage (financial advisor) and online broker
TD Ameritrade Promotions:
- The firm offers a “100+ commission free ETFs” promotion
- TD Ameritrade also offers up to $600 + 60 days of commission-free trading, but there is a catch. A new member needs to deposit $250,000 or more to get this deal.
Comparison Ranking with Other Top Online Brokers
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MarketConsensus Brokerage Review Desk