TD Ameritrade Fees Guide for Account Types and Charges

Explore TD Ameritrade Account Options and Fees

TD Ameritrade offers a variety of accounts to accommodate both new and experienced investors. Individual, joint, retirement (IRA), custodial, and margin accounts are available, each designed with specific investment goals in mind. We found that the platform emphasizes transparency in trading fees and commissions, with zero-commission trading on U.S. stocks and ETFs, while options trades incur a per-contract fee. Investors can also access mutual funds, bonds, and forex products, although fees may differ depending on the asset type. TD Ameritrade allows full online account management, mobile access, and paperless statements. Importantly, there is no regulatory license assigned to this entity in our dataset, so traders should exercise careful consideration regarding investor protection.

Differences between TD Ameritrade Account Types

TD Ameritrades account options vary by eligibility, purpose, and minimum funding requirements. Individual and joint accounts are standard for general investing, whereas retirement accounts such as Traditional IRA or Roth IRA offer tax advantages. Margin accounts allow borrowing to increase buying power but involve interest costs. Below is a summary:

Trading Commissions and Fees Overview

TD Ameritrade maintains a competitive fee schedule, emphasizing low costs and transparent charges. U.S. equities and ETF trades are commission-free, while options incur $0.65 per contract. Mutual fund trades and foreign securities may include additional fees. Margin interest rates are tiered based on borrowing amounts. The table below outlines typical charges:

FAQs about TD Ameritrade Account Type and Fees

Q1: Are there any minimum deposits for TD Ameritrade accounts?

A1: Most TD Ameritrade accounts have no minimum deposit requirement, except margin accounts, which require $2,000 to open.

Q2: Does TD Ameritrade charge commissions on U.S. stock trades?

A2: No, trading U.S. stocks and ETFs is commission-free. Options incur a $0.65 per contract fee.

Q3: Are there any hidden fees I should be aware of?

A3: TD Ameritrade is transparent about its fees. Charges may apply for certain mutual funds, foreign securities, or margin interest. No additional hidden fees have been identified.