FBS vs TD Ameritrade compared

Updated: Aug 2023
Updated: Sep 2023
FBS
TD Ameritrade
4.2
4.9
75.2% of retail CFD accounts lose money
FBS
TD Ameritrade
You can't open an account in United States
You can change your country under 'Regional settings' near the bottom of this page
You can open an account in United States
You can change your country under 'Regional settings' near the bottom of this page
Key differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Deposit and withdrawal score
    4.5
    /5
  • Markets and products score
    1.7
    /5
  • Account opening score
    5.0
    /5
  • Deposit and withdrawal score
    2.2
    /5
  • Markets and products score
    3.9
    /5
  • Account opening score
    4.0
    /5
Recommended for
  • BeginnersNO
  • EquityNO
  • ForexYES
  • CFDYES
  • BeginnersYES
  • EquityYES
  • ForexYES
  • CFDNO
Best alternatives for FBS
Best alternatives for TD Ameritrade

Basic data of broker

Overall score
4.2

Recommended for Investors and CFD traders familiar with the MetaTrader trading platforms

Overall score
4.9

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

Best broker for bonds

Country of origin
Broker's country of establishment

Cyprus

Country of origin
Broker's country of establishment

USA

Fees

Fees score
4.3
Fees score
4.1
Fees summary
BrokerChooser's qualitative summary on the broker's prices

Low trading and non-trading fees

Fees summary
BrokerChooser's qualitative summary on the broker's prices

Low trading and non-trading fees, high fund fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.5
Deposit and withdrawal score
2.2
Number of base currencies
How many account currencies you can choose from

2

Number of base currencies
How many account currencies you can choose from

1

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
4.0
Account opening fully online
Account opening fully online
Minimum deposit
The minimum amount you have to deposit for using the account
$/€ 100 minimum deposit for Standard account, $/€10 minimum deposit for Cent account, and $1 minimum deposit for crypto account
*

$1.07

*
Minimum deposit
The minimum amount you have to deposit for using the account
$0 for US non-margin accounts, $2,000 for US margin accounts, and clients in Malaysia and Singapore are recommended to start with $3,500.
*

$0

*
Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1 day

Time to open account
BrokerChooser estimation on time needed to access account after all documents are provided by customer

1-3 days

Required documents
Documents required for opening an account

Proof of identity: national ID / passport Proof of residency: bank statement / utility bill

Required documents
Documents required for opening an account

Proof of identity: SSN and national ID / passport / driver's license

Trading platform

Web platform score
3.2
Web platform score
4.3
Mobile platform score
4.3
Mobile platform score
4.8
Desktop platform score
3.7
Desktop platform score
4.5

Markets and products

Markets and products score
1.7
Markets and products score
3.9
Stocks
Stocks are available
Stocks
Stocks are available
Fractional shares
Fractional shares are available
Fractional shares
Fractional shares are available
ETFs
ETFs are available
ETFs
ETFs are available
Forex
Forex is available
Forex
Forex is available
Only in the US
*
*
Funds
Funds are available
Funds
Funds are available
Bonds
Bonds are available
Bonds
Bonds are available
Options
Options are available
Options
Options are available
Futures
Futures are available
Futures
Futures are available
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
Crypto
Crypto is available in any form (e.g. as a CFD or ETF)
Futures
*
*
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFDs
Any CFD is available, e.g. stock CFD or commodity CFD
CFD disclaimer

Disclaimer: 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.5
Research score
5.0
Charting quality

Mid-range

Charting quality

Great

Education score
5.0
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
4.9
Customer service score
5.0
Phone
You can reach the broker by phone
Phone
You can reach the broker by phone
Live chat
Live chat is available
Live chat
Live chat is available
Email
Email support is available
Email
Email support is available
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend
24/7 availability
At least one customer support channel, i.e. live chat, phone or email, is available even on the weekend

Security

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

€20k to EU clients and $0 for others

Investor protection amount
The protection amount depends on the country where you opened your account. In the US, forex trading and commodity-related contract (e.g. futures or options) are generally not covered.

$500k (securities up to $500k, cash up to $250k)

Investor protection
Amount of the investor protection provided by the broker

€20k to EU clients and $0 for others

Investor protection
Amount of the investor protection provided by the broker

$500k (securities up to $500k, cash up to $250k)

Banking background
Whether the broker has a banking background
Banking background
Whether the broker has a banking background
Listed on stock exchange
The broker is listed on a stock exchange
Listed on stock exchange
The broker is listed on a stock exchange
Foundation date

2009

Foundation date

1975

Country of regulation
Which countries' regulators oversee the broker

Cyprus, Australia, Belize

Country of regulation
Which countries' regulators oversee the broker

USA, Hong Kong, Singapore

FBSFBS

For detailed information and hands-on experience, read our review of this broker.

TD AmeritradeTD Ameritrade

For detailed information and hands-on experience, read our review of this broker.

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.

FBS's service is slightly weaker than TD Ameritrade's and a comparison of their fees shows that FBS's fees are similar to TD Ameritrade's.

Account opening takes somewhat less effort at FBS compared to TD Ameritrade, deposit and withdrawal processes are more seamless at FBS, while customer service quality is similar to TD Ameritrade's.

Our experts rated the trading platform of FBS as somewhat worse than the platform of TD Ameritrade, found that clients have access to less markets and products with FBS, while TD Ameritrade provides somewhat better research and education.

Follow us

Regional settings

×
I'd like to trade with...