Interactive Brokers vs TD Ameritrade 2013 Review
Poor
Mediocre
Good
Excellent
Outstanding
Featured
|
||
|---|---|---|
|
|
|
| Open Account |
Trade free for 90 days + get up to $600 - Learn More
Read full review ›
|
|
| Current Offers | Trade on over 100 market centers in 19 countries - Learn More | |
| Broker Reviews | Read full review › | |
Fees |
||
| Flat-Fee Trade Plan* | $9.99 | N/A |
| Per-Share Trade Plan | N/A | $0.0050 |
| Mutual Fund Trade Fee* | $49.99 | $14.95 |
| Options Trade Base | $9.99 | $0.00 |
| Options Per Contract | $0.75 | $0.70 |
| Options Exercise Fee | $19.99 | $0.00 |
| Options Assignment Fee | $19.99 | $0.00 |
| Broker Assisted Trades | $44.99 | $100.00 |
| Minimum Deposit | $2,500.00 | $10,000.00 |
2013 Review Ratings |
||
| Overall |
|
|
| Commissions & Fees |
|
|
| Customer Service |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Ease of Use |
|
|
| Investment Offering |
|
|
| Education |
|
|
| Mobile Trading |
|
|
Brokers |
||
|
|
|
Account Features |
||
| Virtual Trading |
|
|
| No Minimum Deposit | ||
| No Maintenance Fees |
|
|
| No-Fee IRAs |
|
|
| Online Trader Community |
|
|
| Investment Education |
|
|
| Live Seminars |
|
|
Mobile Trading |
||
| iPhone App |
|
|
| iPad App |
|
|
| BlackBerry App |
|
|
| Android App |
|
|
| Mobile Site |
|
|
Trade Types |
||
| Stock Trading |
|
|
| Options Trading |
|
|
| Mutual Funds |
|
|
| FOREX Trading |
|
|
| Futures Trading |
|
|
Banking Features |
||
| Checking Accounts |
|
|
| Savings Accounts | ||
| Credit Card Accounts | ||
| Debit Card Accounts |
|
|
| Mortgage Loans | ||
Margin Rates |
||
| Under $25k | 9.00% | 1.66% |
| $25k to $49k | 8.75% | 1.66% |
| $50k to $99k | 8.50% | 1.66% |
| $100k to $249k | 7.25% | 1.16% |
| $250k to $499k | 7.00% | 1.16% |
| $500k to $999k | 7.00% | 1.16% |
| Above $1,000,000 | 6.25% | 0.66% |
Recap |
||
|
|
|
| Open Account |
|
|
| Current Offers | Trade free for 90 days + get up to $600 - Learn More | Trade on over 100 market centers in 19 countries - Learn More |
| Broker Reviews | Read full review › | Read full review › |
TD Ameritrade vs Interactive Brokers
StockBrokers.com 2013 review compares Interactive Brokers vs TD Ameritrade. Compare Interactive Brokers and TD Ameritrade trade commissions, fees and overall broker ratings by using the chart above. Is Interactive Brokers 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 very large price difference of $10.99 per stock trade between TD Ameritrade and Interactive Brokers. TD Ameritrade's per trade stock price of $9.99 is significantly greater than Interactive Brokers's per trade stock price of $-1.00.
The TD Ameritrade's "Overall" rating of 5 stars is a slight advantage over Interactive Brokers's "Overall" rating of 4 stars.
Both Interactive Brokers and TD Ameritrade have an iPhone App for mobile trading. An iPad app for mobile trading on the popular tablet is available for Interactive Brokers and TD Ameritrade to download on iTunes.

