Charles Schwab vs TD Ameritrade 2013 Review
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| Open Account |
Trade free for 90 days + get up to $600 - Learn More 
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| Current Offers | ||
| Broker Reviews | Read full review › | |
Fees |
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| Flat-Fee Trade Plan* | $9.99 | $8.95 |
| Per-Share Trade Plan | N/A | N/A |
| Mutual Fund Trade Fee* | $49.99 | $76.00 |
| Options Trade Base | $9.99 | $8.95 |
| Options Per Contract | $0.75 | $0.75 |
| Options Exercise Fee | $19.99 | $8.95 |
| Options Assignment Fee | $19.99 | $8.95 |
| Broker Assisted Trades | $44.99 | $25.00 |
| Minimum Deposit | $2,500.00 | $1,000.00 |
2013 Review Ratings |
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| Ease of Use |
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| Investment Offering |
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| Education |
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| Mobile Trading |
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Account Features |
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| Virtual Trading |
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| No Minimum Deposit | ||
| No Maintenance Fees |
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| No-Fee IRAs |
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| Online Trader Community |
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| Investment Education |
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| Live Seminars |
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Mobile Trading |
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| iPhone App |
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| iPad App |
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| BlackBerry App |
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| Android App |
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| Mobile Site |
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Trade Types |
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| Stock Trading |
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| Options Trading |
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| Mutual Funds |
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| FOREX Trading |
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| Futures Trading |
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Banking Features |
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| Checking Accounts |
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| Savings Accounts |
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| Mortgage Loans |
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Margin Rates |
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| Under $25k | 9.00% | 8.50% |
| $25k to $49k | 8.75% | 8.00% |
| $50k to $99k | 8.50% | 7.00% |
| $100k to $249k | 7.25% | 6.88% |
| $250k to $499k | 7.00% | 6.75% |
| $500k to $999k | 7.00% | 6.75% |
| Above $1,000,000 | 6.25% | 6.25% |
Recap |
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| Open Account |
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| Current Offers | Trade free for 90 days + get up to $600 - Learn More | |
| Broker Reviews | Read full review › | Read full review › |
TD Ameritrade vs Charles Schwab
StockBrokers.com 2013 review compares Charles Schwab vs TD Ameritrade. Compare Charles Schwab and TD Ameritrade trade commissions, fees and overall broker ratings by using the chart above. Is Charles Schwab or TD Ameritrade a better online broker? The StockBrokers.com staff breaks down all the key broker features, rates, and commissions charged to clients to determine the best broker.
TD Ameritrade was rated #1 overall in the StockBrokers.com 2012 Broker Review along with numerous Best in Class awards. Their ideal client includes all investors and traders as their 5 star, 24/7 customer support amongst other factors easily outweighs their higher equity commission pricing. Trade Architect and thinkorswim provide outstanding platforms and tools for active and professional investors, with thinkorswim receiving Best Overall Trading Platform in 2012. TD Ameritrade has one of largest selection of commission free ETFs, one of the many attributes that makes them a top brokerage over many other great competitors.
There is a $1.04 difference in the per trade stock price for TD Ameritrade and Charles Schwab. Charles Schwab's per trade stock price of $8.95 is a little less than TD Ameritrade's per trade stock price of $9.99.
The TD Ameritrade's "Overall" rating of 5 stars is a slight advantage over Charles Schwab's "Overall" rating of 4 stars.
Both Charles Schwab and TD Ameritrade have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for Charles Schwab and TD Ameritrade to download on iTunes.
