Compare Interactive Brokers vs TD Ameritrade


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

Interactive Brokers vs TD Ameritrade
overall rating
4.9
4.8
overall pros
  • Wide range of products
  • Many great research tools
  • Regulated by several authorities
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
overall cons
  • Extremely complex desktop trading platform
  • Complicated account opening process
  • High inactivity fee
  • You can trade only in the US markets
  • Slow and not fully digital account opening
  • No credit/debit cards and electronic wallets for money transfer
fees
4.3
  • Low trading fees
  • Low stock and ETF fees
  • Low financing rate
  • Free stock and ETF trading for US clients
  • Inactivity fee
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
account opening
3.4
  • Fully digital
  • No minimum deposit for most accounts types
  • Not user-friendly
  • Confusing messages throughout the process
2.9
  • No minimum deposit
  • Many account types
  • Not fully digital
deposit and withdrawal
2.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
  • Not user-friendly
2.2
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High withdrawal fee for wire transfers
web trading platform
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
3.8
  • User-friendly
  • Clear fee report
  • Good variety of order types
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
4.4
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
4.8
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
5.0
  • Phone support
  • Live chat
  • Fast response time
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Traders looking for low fees and a professional trading environment Investors and traders looking for solid research and a well-equipped desktop trading platform
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