TD Ameritrade fees explained

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Overview of TD Ameritrade fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, TD Ameritrade is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found TD Ameritrade's trading fees fairly low

Adam Nasli

Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how TD Ameritrade fared:

TD Ameritrade charges low fees for trading stocks and ETFs.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of TD Ameritrade for info on safety, trading platforms and funding.

TD Ameritrade fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	Free stock and ETF trading
EURUSD fee	Low	The fees are built into the spread, 1.4 pips is the average spread cost during peak trading hours.
US tech fund fee	High	$49.95 per transaction, although there are also ca. 4,000 free funds
Inactivity fee	Low	No inactivity fee

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Commission-free stock and ETF trading

TD Ameritrade stock and ETF fees by market
	TD Ameritrade TD Ameritrade	ETRADE ETRADE	Charles Schwab Charles Schwab
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Free stock and ETF trading	$0.0 Free stock and ETF trading	$0.0 Free stock and ETF trading

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Stock Fee Calculator

Confused about fees? Use this tool to see what the commission fee of a specific stock trade would be at TD Ameritrade. To check and compare fees at other brokers, go to our main Fee calculator page.

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High margin rates

TD Ameritrade annual margin rates
	TD Ameritrade TD Ameritrade	ETRADE ETRADE	Charles Schwab Charles Schwab
USD margin rate	12.8% Base rate + 1.825% for loan balance below $25,000	13.5% Base rate + tiered markup. Markup under $10,000: +2.50%	12.8% Base rate + 1.825% for loan balance below $25,000

Low options commission

Fees charged by TD for options trading are similar to those of its competitors: stock index options commission for 10 contracts is $6.5. The options fees are based on the number of traded options contracts.

TD Ameritrade stock index options commission
	TD Ameritrade TD Ameritrade	ETRADE ETRADE	Charles Schwab Charles Schwab
US stock index options Estimated commission for 10 contracts	$6.5 $0.65 per contract	$6.5 $0.65 fee per contract; $0.50 with 30+ trades per quarter	$6.5 $0.65 per contract

No inactivity fee, no withdrawal fee

The broker does not charge an inactivity fee, deposits are free of charge and withdrawal is also free if you use an ACH transfer.

TD Ameritrade inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
TD Ameritrade		$0
E*TRADE		$0
Charles Schwab		$0

Other commissions and fees

You can find TD Ameritrade's fees for other asset classes below. Click 'Show more' for details.

High mutual fund commission

On the other hand, there are many no-transaction-fee funds you can invest in.

Fees for a $2,000 fund purchase
	TD Ameritrade TD Ameritrade	ETRADE ETRADE	Charles Schwab Charles Schwab
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	$50.0 $49.95 per transaction, although there are also ca. 4,000 free funds	$0.0 $0 ca. 4,500 free mutual funds	$25.0 Standard fee of $49.95, but up to $74.95 for buying, while selling is free; there are also around 4,000 free mutual funds

High futures fees

Fees are calculated on a volume basis, at $2.25 per contract.

Stock index futures fee for 10 contracts
	TD Ameritrade TD Ameritrade	ETRADE ETRADE	Charles Schwab Charles Schwab
US micro e-mini stock index futures Estimated commission for 10 contracts	$22.5 $2.25 fee per contract plus exchange or regulatory fee	$15.0 $1.50 fee per contract	$22.5 $2.25 per contract

Low FX fees

TD Ameritrade forex fees
	TD Ameritrade TD Ameritrade	ETRADE ETRADE	Charles Schwab Charles Schwab
EURUSD spread Usual spread in pips	1.4	- EURUSD is not available	1.4
GBPUSD spread	1.3	- GBPUSD is not available	1.3
AUDUSD spread	1.2	- AUDUSD is not available	1.2
EURCHF spread	2.1	- EURCHF is not available	2.1
EURGBP spread Usual spread in pips	1.3	- EURGBP is not available	1.3

Low bond commission

Fees for a $10,000 bond trade
	TD Ameritrade TD Ameritrade	ETRADE ETRADE	Charles Schwab Charles Schwab
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	$0.0 $0 for Treasury bonds, other bonds are marketed on a net yield basis. UITs are subject to a placement fee from issuer.	$0.0 $0 for Treasury bonds, other bonds secondary transaction fee: $1/bond, min $10, max $250.	$0.0 $0 for Treasury bonds; $1 per bond for corporate bonds with $10 minimum and $250 maximum

Bond fees vary depending on the bond type you wish to trade. While there is no commission for US Treasury bonds and a few other instruments, TD Ameritrade charges $1 per bond on secondary transactions with corporate bonds (subject to a $10 minimum and a maximum of $500).

Interest earned on uninvested cash

As of the time of the review, TD Ameritrade provides the following interest rates on uninvested cash:

0.1% for USD

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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.