TD Ameritrade is a well-established online brokerage that currently offers $0 commission for online stock, ETF, and options trades.
TD Ameritrade is a popular platform among investors due to its low account minimum and access to the latest data, news, charts, and advanced technology.
The company is currently offering a promotion of up to $1,000 sign-up bonus for clients who open and fund an account with a qualifying deposit.
TD Ameritrade Promotions
TD Bank is offering a welcome bonus of up to $1,000 when you open a new investment account using a specific link. The bonus is tiered, with higher deposits earning higher bonuses. The tiers start at $25,000 and go up to $500,000 for the maximum bonus.
Note that you need to register for the bonus and keep your deposits in the account for at least 12 months to receive the bonus, and this offer is available nationwide and can be opened online.
TD Ameritrade $1000 Sign up bonus
TD Ameritrade Account promotion offers up to $1000 bonus on different tiers, but you must deposit and maintain a minimum balance to qualify for it.
Here is how to sign up for TD Ameritrade
- Use this link for the offer at the time of account opening.
- Deposit net new assets of at least $25,000 into your TD Ameritrade account within 45 days of opening the account.
- The balance should be maintained for at least 90 days, excluding market fluctuations.
TD Ameritrade Bonus tiers:
- $1,000 when you deposit $500,000 or more
- $500 when you deposit $100,000 – $499,999
- $300 when you deposit $50,000-$99,999
- $100 when you deposit $25,000 – $49,999
TD Ameritrade Account Types and Products
TD Ameritrade offers a variety of account types, including Standard accounts, Retirement accounts, Education accounts, UGMA/UTMA accounts, and Specialty accounts (such as trusts, pension plans, business partnerships and more) to fit the different needs of its customers.
Securities/Services | Available |
Stocks | Yes |
ETFs | Yes |
Mutual Funds | Yes |
Bonds | Yes |
Options | Yes |
Futures | Yes |
Forex | Yes |
International Markets | Yes (Limited) |
Advisory Services | Yes |
Cryptocurrency | Bitcoin only |
Penny Stocks | Yes |
Fractional Shares | No |
Commission and Fees
TD Ameritrade’s fee structure is as follows:
- Stock Trade Fee (flat): $0
- Options Base Fee: $0
- Options Per Contract Fee: $0.65
- Mutual Fund Trade Fee: Up to $49.95 or $74.95 for buys. $0 for sells
- Broker-Assisted Trades Fee: $25.00
TD Ameritrade offers access to over 300 commission-free ETFs, but if you buy and sell one of them within 30 days, you will be charged a short-term trading fee.
TD Ameritrade Features
TD Ameritrade offers a wide range of features to help its clients manage their investments and trade with confidence. Some of these features include:
- Commission-free online stock, ETF, and option trades
- Low account minimum
- Access to the latest data, news, and charts
- Advanced trading tools and technology
- A variety of account types, including Standard accounts, Retirement accounts, Education accounts, UGMA/UTMA accounts, and Specialty accounts (such as trusts, pension plans, business partnerships, and more)
- A range of trading platforms, including desktop, web, and mobile, to suit the needs of all levels of investors
- Investment research and analysis
- 24/7 customer support
Conclusion:
TD Ameritrade is a comprehensive and cost-effective platform for individual investors, offering a wide range of account options and commission-free trading on stocks, options, and ETFs. With its user-friendly interface and commitment to zero fees, TD Ameritrade is an attractive choice for both new and experienced investors.
FAQs:
1. What is TD Ameritrade?
TD Ameritrade is an online brokerage firm that allows individuals to trade a wide range of financial products such as stocks, options, ETFs, mutual funds, and more. It also provides investment research and analysis, as well as education and support to help clients make informed investment decisions.
2. Is TD Ameritrade a good choice for beginners?
TD Ameritrade offers a range of trading platforms and educational resources that are suitable for all levels of investors, including beginners. It also has a low account minimum and offers commission-free trades for certain products, making it an accessible and cost-effective option for those just starting out.
3. How do I open a TD Ameritrade account?
You can open a TD Ameritrade account by visiting the company’s website and following the on-screen instructions. The process typically involves providing personal information, such as your name, address, and social security number, as well as funding your account with an initial deposit.
4. Are there any fees associated with a TD Ameritrade account?
TD Ameritrade charges a $0 commission for online stock, ETF, and options trades, but other fees may apply. These include fees for certain mutual funds, options contracts, and wire transfers. It’s best to review TD Ameritrade’s fee schedule on their website or consult with a representative to understand all fees associated with an account.
5. Can I trade on TD Ameritrade’s mobile app?
Yes, TD Ameritrade offers a mobile app called TD Ameritrade Mobile Trader, which allows you to trade and manage your account on the go. The app is available for both iOS and Android devices and offers many of the same features as the web and desktop platforms.
6. How do I deposit money into my TD Ameritrade account?
You can deposit money into your TD Ameritrade account by linking a bank account and transferring funds electronically or by mailing in a check. Deposits can also be made via wire transfer, but you will be charged a fee for wire transfer.
7. How can I get help with my TD Ameritrade account?
TD Ameritrade offers a variety of resources to help you with your account, including online articles, tutorials, and webinars. You can also contact customer support via phone, email or live chat, and a representative will be happy to assist you.