TD Ameritrade Review

By Analyst: Robert Stammers, CFA
December 19, 2008

(broker review) - TD Ameritrade is an online brokerage that boasts the greatest number of equity trades. Trading instruments include common stock, preferred stock, ETFs, options, mutual funds, fixed income, margin lending, and assorted other financial services. Ameritrade went public at $15 per share in March of 1997, acquired TD Waterhouse from TD Bank Financial in early 2006, and has been rumored to have had merger talks with E*Trade for several years. In addition to E*Trade, primary competitors include Fidelity, Scotttrade and Charles Schwab.

TD Ameritrade is often cited as one of the top premium online brokerage services for its high quality research tools, trading platform, customer satisfaction, and no minimum balance requirement. Conversely, Ameritrade's commission structure can be relatively higher than comparable discount brokers.

A detailed list of trading tools available for TD Ameritrade clients include:

• Advanced Analyzer (Featured Product)
• Alerts
• Analytical Options Chains
• Charts
• Command Center 2.0 (Featured Product)
• Conditional Orders
• Fundamentals
• Market Edge
• Market Huddle
• Options 360 (Featured Product)
• Options Exposure
• Options Huddle
• Pattern Matcher (Featured Product)
• QuoteScope (Featured Product)
• S&P Reports
• Screeners
• SnapTicket
• StrategyDesk (Featured Product)
• Trade Triggers
• Trailing Stops
• Two-Legged Option Chains
• Watch Lists
• Wireless

Broker Reviews by Better-Trades.com