Online brokers compared for fees, trading platforms, safety and more. See how Royal stacks up against TD Ameritrade!
Last update of data—Dec 2022
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
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.
Recommended for traders looking for low forex fees and preferring the MetaTrader platform.
Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform.
Royal
Royal is an Australian forex broker. It is regulated by many regulators globally, including the top-tier Australian ASIC.
Recommended for traders looking for low forex fees and preferring the MetaTrader platform.
TD Ameritrade
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.
Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform.
Royal's service is slightly weaker than TD Ameritrade's and a comparison of their fees shows that Royal's fees are slightly higher than TD Ameritrade's.
Account opening takes somewhat less effort at Royal compared to TD Ameritrade, deposit and withdrawal processes are more seamless at Royal, while customer service quality is similar to TD Ameritrade's.
Our experts rated the trading platform of Royal as somewhat worse than the platform of TD Ameritrade, found that clients have access to less markets and products with Royal, while TD Ameritrade provides somewhat better research and education.
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