TDAmeritrade: Fees, Features, and More (2025)

TD Ameritrade combines sophisticated trading technology with an expansive product lineup. Active investors can leverage the award‑winning thinkorswim® desktop platform or build custom solutions through the TD Ameritrade for Developers API, while options trade at $0.65 per contract. The broker offers bonds, CDs, and a massive mutual‑fund marketplace—13,000+ funds, including roughly 3,700 no‑transaction‑fee choices—plus Schwab Intelligent Portfolios automated investing (0.00 – 0.30 % advisory fee). Roughly 260 nationwide branches provide in‑person support, and accounts open with no minimum deposit.

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

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