TDAmeritrade vs Axos Invest Comparison: Fees, Features, and More (2025)

TDAmeritrade and Axos Invest are two leading discount brokerages offering commission-free stock and ETF trading. Use this head-to-head comparison table to evaluate fees, features, trading tools, and account options to help you decide which broker is right for you in 2025.

Head-to-Head Comparison: TDAmeritrade vs Axos Invest (2025)
Feature TDAmeritrade Axos Invest
Website https://www.tdameritrade.com/ https://www.axos.com/invest
Broker Type Full-Service Discount
Trading: Stock & ETF? Yes Yes
ETF & Stock commission No fee No fee
Fractional Shares? No No
Percent Allocations? No No
Crypto Trading? No No
Crypto Fees not applicable not applicable
Options Trading? Yes Yes
Options Fee 65 cents not published
Bond Trading Available? Yes No
Pays for Order Flow (PFOF)? Yes Unknown
Interface: Web trading? Yes Yes
Desktop trading? Yes; thinkorswim No
API Trading? Yes; TD Ameritrade for Developers No
Mutual Funds: Offered? Yes Yes
Total Mutual Funds Over 13,000 Over 10,000
NTF Mutual Funds Over 3,700 Over 4,000
Non-NTF Fund Fee $49.99 $4.95
Early Redemption Fee? Yes Yes
Redemption Hold (Days) 30 days 30 days
Early Redemption Fee $49.99 $4.95
Accounts: Margin Accounts? Yes Yes
IRAs Offered? Yes Yes
HSAs Offered? Yes, through other providers No
Money Market Sweep? No No
CDs Offered? Yes No
Robo-Advisor: Offered Yes Yes
Robo-Advisor Service Schwab Intelligent Portfolios Axos Managed Portfolios
Robo-Advisor Fes 0.00% to 0.30% 0.24%
Basics: Headquarters Omaha, NE San Diego, CA
Year Founded 1975 2000
Clearing Firm TD Ameritrade Clearing Axos Clearing
Local Branches? Yes, about 260 locations No
New Account Minimum $0 $0

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