TD Ameritrade vs Chase You Invest Trade Review
First, we will break down the commission charges of both brokers for placing stock and options trades. TD Ameritrade charges more than Chase You Invest Trade for placing regular stock trades ($6.95 and $2.95, respectively). With options, the base fees charged are $N/A (Chase You Invest Trade) and $6.95 (TD Ameritrade). TD Ameritrade's per contract rate of $0.75 is less than Chase You Invest Trade which charges $N/A. Instead of flat rate fees, several brokers charge a per-share fee instead. For a complete review of trading charges, read our full online broker reviews.
Next, investors want to make sure they can trade the investment vehicle they want. Chase You Invest Trade provides its clients with Stock Trading and Mutual Funds while TD Ameritrade provides clients access to Stock Trading, Options Trading, Mutual Funds, Forex Trading and Futures Trading. As far as mutual funds go, Chase You Invest Trade trails TD Ameritrade by 9,841 total mutual funds, with TD Ameritrade offering 12541 and Chase You Invest Trade offering 2700. And, commission free ETFs deserve a comparison, with Chase You Invest Trade falling behind TD Ameritrade, offering N/A commission free ETFs compared to TD Ameritrade's 296.
Finally, by comparing the each broker's website and platform features, we can surface interesting differences. TD Ameritrade has virtual trading, Chase You Invest Trade doesn't. For mobile trading, Chase You Invest Trade supports the iPhone App and Android App while TD Ameritrade supports the iPhone App, iPad App and Android App. Online banking is also used by many customers, and multiple full-service brokerages provide these services. Checking Accounts, Debit Cards and Credit Cards are available to clients of TD Ameritrade while Chase You Invest Trade offers customers Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans. All factors considered, when it comes to platform tools, research, and mobile trading, TD Ameritrade was rated Best in Class - Platforms & Tools, Best in Class - Research and Best in Class - Mobile Trading, while Chase You Invest Trade was rated none of these.
Overall, TD Ameritrade comes out on top with 5.00 stars over Chase You Invest Trade's 3.00 stars.
TD Ameritrade
Chase You Invest Trade
All pricing data was obtained from a published web site as of 09/01/18 and is believed to be accurate, but is not guaranteed. The StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.
TD Ameritrade, Inc. and StockBrokers.com are separate, unaffiliated companies and are not responsible for each other’s services and products.
Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.
Offer valid for one new Individual, Joint or IRA TD Ameritrade account opened by 9/30/2018 and funded within 60 calendar days of account opening with $3,000 or more. To receive $100 bonus, account must be funded with $25,000-$99,999. To receive $300 bonus, account must be funded with $100,000-$249,999. To receive $600 bonus, account must be funded with $250,000 or more. Offer is not valid on tax-exempt trusts, 401k accounts, Keogh plans, Profit Sharing Plan, or Money Purchase Plan. Offer is not transferable and not valid with internal transfers, accounts managed by TD Ameritrade Investment Management, LLC, TD Ameritrade Institutional accounts, and current TD Ameritrade accounts or with other offers. Qualified commission-free Internet equity, ETF or options orders will be limited to a maximum of 250 and must execute within 90 calendar days of account funding. No credit will be given for unexecuted trades. Contract, exercise, and assignment fees still apply. Limit one offer per client. Account value of the qualifying account must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading or market volatility or margin debit balances) for 12 months, or TD Ameritrade may charge the account for the cost of the offer at its sole discretion. TD Ameritrade reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Please allow 3-5 business days for any cash deposits to post to account. Taxes related to TD Ameritrade offers are your responsibility. Retail values totaling $600 or more during the calendar year will be included in your consolidated Form 1099. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules. (Offer Code 264)
TD Ameritrade Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2017 TD Ameritrade.
