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Compare ChoiceTrade vs TD Ameritrade


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against TD Ameritrade!

ChoiceTrade vs TD Ameritrade
overall rating
4.1 / 5.0
4.5 / 5.0
overall pros
  • Commission-free stock trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Solid research and education
  • Superb desktop trading platform
  • Great customer support
overall cons
  • High non-trading fees
  • Not user-friendly deposit and withdrawal
  • Limited product portfolio
  • High trading fees
  • No credit/debit cards and electronic wallets for money transfer
  • Only US markets covered
fees
4 stars
  • Low trading fees
  • Commission-free stock trading
  • High non-trading fees
3 stars
  • No withdrawal fee
  • No inactivity fee
  • High trading fees
  • High financing rate
account opening
5 stars
  • Fully digital account opening
  • User-friendly
3 stars
  • User-friendly
  • Many account types
  • No minimum account balance for US clients
  • Not fully digital
deposit and withdrawal
1 stars
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
  • Not user-friendly withdrawal
2 stars
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card deposit and withdrawal not available
  • Only one account base currency
web trading platform
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • No two-step (safe) login
  • Poor search function
4 stars
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safe) login
  • Limited customizability (for workspace)
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
  • No price alerts
4 stars
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safe) login
desktop trading platform
3 stars
  • Clear fee report
  • Good variety of order types
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No two-step (safe) login
  • No price alerts
5 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Trading support functions
  • Great learning materials
  • No two-step (safe) login
markets and products
1 stars
  • Stock
  • ETF
  • Options
3 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
3 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Good quality news flow
  • Limited interactive charting
  • Not user-friendly
5 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
customer service
4 stars
  • Phone support
  • Relevant answers
  • No live chat
5 stars
  • Phone support
  • Live chat
  • Fast response time
education
3 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Hard to navigate
  • Poor production quality
5 stars
  • Trading platform tutorial videos
  • Educational videos
  • paperMoney trading simulation/demo account
  • Regulated by top tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • Additional insurance coverage
  • No negative balance protection
  • No investor protection in case of futures, forex
recommended for Stock and options traders aiming for low trading fees and focusing on the US market Investors and traders looking for solid research and well-equipped desktop trading platform