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Written by: Adam N. Updated: Dec 2022
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TD Ameritrade Alternatives

The best alternatives to TD Ameritrade are

  1. E*TRADE - US stockbroker
  2. Charles Schwab - US discount broker
  3. Fidelity - US stockbroker
  4. Merrill Edge - US discount broker

Let's see in a bit more detail how the TD Ameritrade alternatives compare to TD Ameritrade and each other:

TD Ameritrade alternatives comparison
TD Ameritrade E*TRADE Charles Schwab Fidelity Merrill Edge
Overall score 4.9 stars 4.7 stars 4.8 stars 4.8 stars 4.8 stars
Fees score 4.1 stars 4.1 stars 4.2 stars 3.7 stars 4.4 stars
Account opening score 4.0 stars 4.2 stars 4.6 stars 4.2 stars 5.0 stars
Deposit and withdrawal score 2.2 stars 2.2 stars 2.2 stars 3.8 stars 2.2 stars
Web platform score 4.3 stars 4.5 stars 4.3 stars 4.5 stars 4.3 stars
Markets and products score 3.9 stars 2.9 stars 3.1 stars 4.0 stars 2.5 stars
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Why are these brokers considered good alternatives to TD Ameritrade? There are many areas based on which TD Ameritrade can be compared with others. When we say a given online broker is a good alternative to TD Ameritrade we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

TD Ameritrade alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • TD Ameritrade is recommended for investors and traders looking for solid research and a well-equipped desktop trading platform
  • E*TRADE is recommended for investors and traders looking for solid research and a great mobile trading platform
  • Charles Schwab is recommended for investors and traders looking for solid research, low fees and great customer service
  • Fidelity is recommended for investors and traders looking for solid research and great trading platforms
  • Merrill Edge is recommended for investors and traders looking for low fees, quick account opening and simple platforms

Important factors of finding TD Ameritrade alternatives

So far BrokerChooser has reviewed 102 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether TD Ameritrade or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. TD Ameritrade is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost TD Ameritrade alternative.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at TD Ameritrade, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given TD Ameritrade alternative is a must.


Now let's dive into the details of how TD Ameritrade and its alternatives perform in the most important areas!

TD Ameritrade alternatives
E*TRADE

E*TRADE is a US-based stockbroker founded in 1982. It is regulated by top-tier financial authorities such as the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

E*TRADE is considered safe because it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials, and is overseen by top-tier US regulators.

In February 2020, E*TRADE was acquired by Morgan Stanley. To find out more about the motives behind the acquisition and about the wider market context, check out our article about the deal.

Recommended for investors and traders looking for solid research and a great mobile trading platform

Pros
Cons
Low trading fees (free stock and ETF trading)
Only US markets, no forex
User-friendly mobile trading platform
Only bank transfer
Great research tools
No email or live chat

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Fees
4.1

E*TRADE offers free stock and ETFs trades; some bonds and mutual funds are also free to trade. Non-trading fees are low. On the negative side, fees for mutual funds that aren't free are high.
Pros
Cons
Free stock and ETF trading
High fees for non-free mutual funds
Some mutual funds and bonds are free
Low non-trading fees
TD Ameritrade vs. E*TRADE: Trading fees
E*TRADE TD Ameritrade
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - $14.1

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.2

Account opening at E*TRADE (only available for US clients) is fully digital and user-friendly, but the account verification process is slow.
Pros
Cons
Fully digital
Slow account verification
No minimum deposit
User-friendly
TD Ameritrade vs. E*TRADE: Minimum deposit, time to open an account
E*TRADE TD Ameritrade
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in E*TRADE minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

E*TRADE charges no deposit fees and transferring money is easy. On the negative side, you can only use bank transfer and there is a high fee for wire transfer withdrawals.
Pros
Cons
No deposit fee
Credit/Debit card not available
User-friendly
High fee for wire transfer withdrawal
TD Ameritrade vs. E*TRADE: Withdrawal options
E*TRADE TD Ameritrade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.5

E*TRADE has a great, user-friendly web trading platform, offering a clear fee report. On the negative side, it cannot be customized.
Pros
Cons
User-friendly
Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of E*TRADE, a TD Ameritrade alternative
TD Ameritrade vs. E*TRADE: Trading platform scores
E*TRADE TD Ameritrade
Web platform score 4.5 stars 4.3 stars
Mobile platform score 4.5 stars 4.8 stars
Desktop platform score - 4.5 stars

Learn more about E*TRADE's web trading platform in the detailed E*TRADE review.

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Markets and products
2.9

You can trade plenty of asset classes at E*TRADE from stocks to futures, but only on the US market; in addition, forex trading is not available.
TD Ameritrade vs. E*TRADE: Markets and products
E*TRADE TD Ameritrade
Stocks Yes Yes
ETFs Yes Yes
Forex No Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes Yes
CFDs No No
Crypto Yes Yes

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Verdict

E*TRADE is one of the biggest US stockbrokers and is regulated by top-tier authorities.

E*TRADE offers commission-free trading for stocks and ETFs. The research functions are of high quality and channel a lot of tools, including trading ideas and strategy builders. We liked the easy handling and the customizable features of the mobile trading platform.

E*TRADE has some drawbacks though. It doesn't accept credit/debit cards and electronic wallets for money transfers and its product portfolio covers only US markets. In addition, its customer service lacks email or live chat and is not available 24/7.

As trading fees are generally low, research tools are great and no inactivity fee is charged, feel free to try E*TRADE.

E*TRADE
Summary E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Fees score 4.1 stars
Recommended for Investors and traders looking for solid research and a great mobile trading platform

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TD Ameritrade alternatives
Charles Schwab

Charles Schwab is a US discount broker that was founded in 1971 and is listed on the New York Stock Exchange.

It is regulated by several top-tier financial authorities, such as the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Recommended for investors and traders looking for solid research, low fees and great customer service

Pros
Cons
Free stock and ETF trading
High fees for some mutual funds
Outstanding research
Only US/Canada markets available
Great customer service

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Fees
4.2

Charles Schwab offers free trading for stocks and ETFs, as well as some mutual funds and bonds, while non-trading fees are low. On the negative side, futures and some fund fees are high.
Pros
Cons
Free stock/ETF trading
High fees for non-free mutual funds
Free trading for some funds/bonds
High futures fees
Low non-trading fees
TD Ameritrade vs. Charles Schwab: Trading fees
Charles Schwab TD Ameritrade
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - $14.1

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.6

Opening an account at Charles Schwab is easy, fast and fully digital. There is no minimum deposit for US clients, but other clients have to transfer a $25,000 minimum to start.
Pros
Cons
Fast
$25,000 minimum deposit for non-US clients
Fully digital
No minimum deposit
TD Ameritrade vs. Charles Schwab: Minimum deposit, time to open an account
Charles Schwab TD Ameritrade
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Charles Schwab minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

Funding your account is easy and user-friendly at Charles Schwab and there is no deposit fee, and withdrawal is free. Unfortunately, there is no option to use credit/debit cards or electronic wallets for deposits.
Pros
Cons
Free withdrawal
High fee for wire (bank transfer) withdrawals
No deposit fee
User-friendly
TD Ameritrade vs. Charles Schwab: Withdrawal options
Charles Schwab TD Ameritrade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

Charles Schwab offers a good web-based trading platform with a clean design. On the negative side, the platform is not customizable.
Pros
Cons
User-friendly
Limited customizability (for charts, workspace)
Clear fee report
Price alerts
Web trading platform of Charles Schwab, a TD Ameritrade alternative
TD Ameritrade vs. Charles Schwab: Trading platform scores
Charles Schwab TD Ameritrade
Web platform score 4.3 stars 4.3 stars
Mobile platform score 4.2 stars 4.8 stars
Desktop platform score 4.0 stars 4.5 stars

Learn more about Charles Schwab's web trading platform in the detailed Charles Schwab review.

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Markets and products
3.1

At Charles Schwab, you can trade a lot of different asset classes, from stocks to futures. Unfortunately, the product portfolio covers only US and Canadian markets.
TD Ameritrade vs. Charles Schwab: Markets and products
Charles Schwab TD Ameritrade
Stocks Yes Yes
ETFs Yes Yes
Forex No Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures Yes Yes
CFDs No No
Crypto Yes Yes

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Verdict

Charles Schwab is one of the biggest discount US brokers, regulated by top-tier authorities.

It was one of the first brokers, starting in late 2019, to charge no commissions for stock and ETF trades. Its research is outstanding, covering many tools, including trading ideas, Morgan Stanley analyst reports on equities, and detailed fundamental data. Customer service is great, providing relevant answers within a short time.

It does have some drawbacks, though. Except for the around 4,000 mutual funds that are free to trade, mutual fund costs are high and the product portfolio covers only US and Canadian markets. Lastly, the educational platform is not well-structured.

As trading and non-trading fees are generally low, research tools are great and the account opening is seamless, feel free to try Charles Schwab.

Charles Schwab
Summary Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
Fees score 4.2 stars
Recommended for Investors and traders looking for solid research, low fees and great customer service

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TD Ameritrade alternatives
Fidelity

Fidelity is a US stockbroker founded in 1946. It is regulated by top-tier authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Fidelity is considered safe because it has a long track record and is regulated by top-tier financial authorities.

Recommended for investors and traders looking for solid research and great trading platforms

Pros
Cons
Commission-free US stocks and ETFs
High mutual fund fees and margin rates
Great trading platforms and research
Slower account verification
US and international stocks
Some products not available (e.g. futures)

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Fees
3.7

Fidelity has low trading and non-trading fees, including commission-free US stock trading. On the negative side, margin rates and fees for some mutual funds can be high.
Pros
Cons
Free stock and ETF trading
High fees for non-free mutual funds
Low bond fees
High margin rates
No inactivity fee
TD Ameritrade vs. Fidelity: Trading fees
Fidelity TD Ameritrade
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee $23.1 -
EURUSD benchmark fee - $14.1

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.2

Opening an account at Fidelity is easy and there is no minimum deposit. You can also choose from many account types. However, account verification is a bit slow.
Pros
Cons
No minimum deposit
Slower account verification
User-friendly
Not fully digital in some cases
Many account types
TD Ameritrade vs. Fidelity: Minimum deposit, time to open an account
Fidelity TD Ameritrade
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in Fidelity minimum deposit, this overview will help you.

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Deposit and withdrawal
3.8

Fidelity offers an exceptionally wide range of base currencies. On the negative side, credit/debit cards are not accepted.
Pros
Cons
Free withdrawal
Credit/Debit card not available
No deposit fee
Several account base currencies
TD Ameritrade vs. Fidelity: Withdrawal options
Fidelity TD Ameritrade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets Yes No
Withdrawal fee $0 $0

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Web trading platform
4.5

Fidelity's web platform is easy to use, has many order types and provides two-step authentication. On the negative side, it is not customizable.
Pros
Cons
User-friendly
Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of Fidelity, a TD Ameritrade alternative
TD Ameritrade vs. Fidelity: Trading platform scores
Fidelity TD Ameritrade
Web platform score 4.5 stars 4.3 stars
Mobile platform score 5.0 stars 4.8 stars
Desktop platform score 4.3 stars 4.5 stars

Learn more about Fidelity's web trading platform in the detailed Fidelity review.

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Markets and products
4.0

Fidelity offers a lot of different trading products, from stocks to options, including international stocks. However, forex and futures trading is not available.
TD Ameritrade vs. Fidelity: Markets and products
Fidelity TD Ameritrade
Stocks Yes Yes
ETFs Yes Yes
Forex No Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures No Yes
CFDs No No
Crypto Yes Yes

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Verdict

Fidelity is one of the biggest US stockbrokers and is regulated by top-tier authorities.

Fidelity offers commission-free US stocks and ETFs. The trading platforms and research are outstanding, with many tools including trading ideas and detailed fundamental data. The offered range of products includes international stock exchanges in addition to the US market, which is not common among US brokers.

Fidelity has some drawbacks, though. Some mutual funds have high fees, and the margin rates are high as well. You can't trade forex or futures.

As it has great research tools, a user-friendly web trading platform, and charges no inactivity fee, feel free to try Fidelity's services.

Fidelity
Summary Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA.
Fees score 3.7 stars
Recommended for Investors and traders looking for solid research and great trading platforms

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TD Ameritrade alternatives
Merrill Edge

Merrill Edge is a US-based brokerage platform launched in 2010 by Bank of America (BofA). BofA acquired Merrill Lynch during the 2008 financial crisis, and launched Merrill Edge to combine its online investing arm and Merrill Lynch's investment expertise.

Merrill Edge offers US stocks, ETFs, options and bonds. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Merrill Edge is considered safe because its parent company is a bank with a long track record and solid reputation, it discloses its financials, and is regulated by top-tier authorities. 

Recommended for investors and traders looking for low fees, quick account opening and simple platforms

Pros
Cons
Low trading fees
Limited to US clients and products
Easy and seamless account opening
No demo account
Strong parent company
Few options for deposit/withdrawal

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Fees
4.4

Merrill Edge has overall low trading and non-trading fees, including commission-free stock and ETF trades. However, fund fees are quite high.
Pros
Cons
Commission-free trading (stocks, ETFs)
High fund fees
Low non-trading fees
TD Ameritrade vs. Merrill Edge: Trading fees
Merrill Edge TD Ameritrade
Apple benchmark fee $0.3 $0.3
Vodafone benchmark fee - -
EURUSD benchmark fee - $14.1

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
5.0

Account opening at Merrill Edge is seamless and fully digital; it took us less than a day to have an open account. Only US clients are accepted.
Pros
Cons
Fast
Only US clients are accepted
Fully digital
No minimum deposit
TD Ameritrade vs. Merrill Edge: Minimum deposit, time to open an account
Merrill Edge TD Ameritrade
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Merrill Edge minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

Merrill Edge has an easy-to-use deposit and withdrawal system with a bank account connection. Unfortunately, credit/debit cards cannot be used to fund the account.
Pros
Cons
Free withdrawal
Credit/Debit card not available
No deposit fee
Slow withdrawal - over 3 days
User-friendly
TD Ameritrade vs. Merrill Edge: Withdrawal options
Merrill Edge TD Ameritrade
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

Merrill Edge has a user-friendly and simple trading platform with a secure login and price alerts. However, it offers only limited customizability and the search function is not so advanced.
Pros
Cons
User-friendly
Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of Merrill Edge, a TD Ameritrade alternative
TD Ameritrade vs. Merrill Edge: Trading platform scores
Merrill Edge TD Ameritrade
Web platform score 4.3 stars 4.3 stars
Mobile platform score 4.8 stars 4.8 stars
Desktop platform score 4.3 stars 4.5 stars

Learn more about Merrill Edge's web trading platform in the detailed Merrill Edge review.

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Markets and products
2.5

Merrill Edge has a limited product portfolio that consists of stocks, ETFs, mutual funds and bonds. Unfortunately, the product lineup covers only the US market.
TD Ameritrade vs. Merrill Edge: Markets and products
Merrill Edge TD Ameritrade
Stocks Yes Yes
ETFs Yes Yes
Forex No Yes
Funds Yes Yes
Bonds Yes Yes
Options Yes Yes
Futures No Yes
CFDs No No
Crypto No Yes

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Verdict

Overall, Merrill Edge is a solid, easy-to-use trading platform created by Bank of America, one of the US's largest banks.

We rated Merrill Edge highly due to its low fees, easy process of account opening, and reliability.

Some of the drawbacks include its limited product range, research capabilities and deposit/withdrawal options.

As trading and non-trading fees are generally low, the research tools are great and the account opening is seamless, feel free to try it.

Merrill Edge
Summary Merrill Edge is a US-based broker owned by Bank of America (BofA). It is regulated by the top-tier SEC and FINRA; BofA is listed on the NYSE.
Fees score 4.4 stars
Recommended for Investors and traders looking for low fees, quick account opening and simple platforms

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TD Ameritrade alternatives
TD Ameritrade

If you are an experienced trader looking for solid research and a well-equipped desktop trading platform, we definitely recommend TD Ameritrade.

Founded in 1975, TD is one of the biggest US-based stockbrokers and is regulated by top-tier authorities like the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).

This online broker is considered safe as it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials and is overseen by top-tier regulators.

Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform

Pros
Cons
Low trading fees (free stock and ETF trading)
You can trade only on US markets
Superb desktop trading platform
Accounts mostly limited to US residents
Great customer support
No credit/debit cards and electronic wallets for money transfer

Fees
4.1

TD Ameritrade offers free stock and ETF trading, while forex, bond and options fees are also low. On the other hand, it charges high fees for non-free funds and futures.
Pros
Cons
Low trading fees
High fund fees
Low non-trading fees
Free stocks and ETFs
TD Ameritrade alternatives trading fees
TD Ameritrade E*TRADE Charles Schwab Fidelity Merrill Edge
US stock $0.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - $11.2 -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

Account opening
4.0

TD Ameritrade offers many different account types and there is no minimum deposit for US citizens.
Pros
Cons
Fully digital
None
No minimum deposit
Many account types
TD Ameritrade alternatives minimum deposit and account open times
TD Ameritrade E*TRADE Charles Schwab Fidelity Merrill Edge
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days 1 day 1-3 days 1 day

Learn more about TD Ameritrade minimum deposit here.

Deposit and withdrawal
2.2

The account funding is user-friendly with no deposit fees; however, USD is the only available base currency and wire transfers incur a high fee.
Pros
Cons
Free withdrawal
Credit/Debit card not available
No deposit fee
Only one account base currency
User-friendly
High withdrawal fee for wire transfers
TD Ameritrade and alternatives withdrawal options and fees
TD Ameritrade E*TRADE Charles Schwab Fidelity Merrill Edge
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No Yes No
Withdrawal fee $0 $0 $0 $0 $0

Web trading platform
4.3

TD Ameritrade offers a good web trading platform with a clean design. On the flip side, the platform is not customizable.
Pros
Cons
User-friendly
Limited customizability (for charts, workspace)
Two-step (safer) login
Good variety of order types
TD Ameritrade - Web trading platform
TD Ameritrade and alternatives trading platform scores
TD Ameritrade E*TRADE Charles Schwab Fidelity Merrill Edge
Web platform score 4.3 stars 4.5 stars 4.3 stars 4.5 stars 4.3 stars
Mobile platform score 4.8 stars 4.5 stars 4.2 stars 5.0 stars 4.8 stars
Desktop platform score 4.5 stars - 4.0 stars 4.3 stars 4.3 stars

Learn more about TD Ameritrade's web trading platform in the detailed TD Ameritrade review.

Markets and products
3.9

You can trade many asset classes, from stocks to futures and forex, while nice extras include social trading and robo-advisory. On the other hand, only the US market is covered.
TD Ameritrade and alternatives markets and products
TD Ameritrade E*TRADE Charles Schwab Fidelity Merrill Edge
Stocks Yes Yes Yes Yes Yes
ETFs Yes Yes Yes Yes Yes
Forex Yes No No No No
Funds Yes Yes Yes Yes Yes
Bonds Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes Yes Yes No No
CFDs No No No No No
Crypto Yes Yes Yes Yes No

Verdict

TD is one of the biggest US online brokers and it charges no commission on stock and ETF trades.

Research and education are outstanding, the thinkorswim desktop platform is one of the best on the market, and customer service is great.

There are a few drawbacks, most notably high margin rates, and the fact that credit/debit cards and electronic wallets are not accepted for money transfers. Furthermore, the product portfolio covers only US markets.

We definitely recommend giving TD a try, especially as their education tools include a demo account.

TD Ameritrade
Summary TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group. The brokerage was acquired by Charles Schwab Corporation in 2020. Client account conversion is expected between April and September of 2023.
Fees score 4.1 stars
Recommended for Investors and traders looking for solid research and a well-equipped desktop trading platform

TD Ameritrade alternatives
Bottom line

Based on our analysis, there are several good alternatives to TD Ameritrade. They all offer similar products and target similar customers. Here's a recap of the results in a table.

TD Ameritrade alternatives
Broker Info Recommended for
TD Ameritrade US-based stockbroker Investors and traders looking for solid research and a well-equipped desktop trading platform
E*TRADE US stockbroker Investors and traders looking for solid research and a great mobile trading platform
Charles Schwab US discount broker Investors and traders looking for solid research, low fees and great customer service
Fidelity US stockbroker Investors and traders looking for solid research and great trading platforms
Merrill Edge US discount broker Investors and traders looking for low fees, quick account opening and simple platforms

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Our top alternative brokers to TD Ameritrade

E*TRADE Charles Schwab

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