TD Ameritrade vs Chase You Invest Trade Review
The StockBrokers.com annual review (9 years running) takes six months to complete and produces over 30,000 words of research each year. Here's how we test.
Is Chase You Invest Trade better than TD Ameritrade? After scoring brokers on over 4,000 data points for our 2019 review, TD Ameritrade (86.98%) is better than Chase You Invest Trade (35.77%). The extra cost of trading with TD Ameritrade is worth every cent – the brokerage delivers fantastic platforms, research, mobile apps, education, and customer service. This outstanding all-round experience makes TD Ameritrade our No. 1 overall broker in 2019.
To start this comparison, first, we will take a look at the online broker commission rates for placing regular stock and options trades. TD Ameritrade charges $6.95 per stock trade which is $4.00 more than Chase You Invest Trade which charges customers $2.95 per trade. For options trading, Chase You Invest Trade has a base fee of $N/A, and TD Ameritrade a base fee of $6.95. Each option contract then costs $N/A at Chase You Invest Trade and $0.75 at TD Ameritrade. It's important to note that not all brokers charge a flat fee per trade. Thus, it is important to read the full commission notes for each broker, which we include with each online broker review.
Next to commission rates, being able to trade what you want is important. 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. Looking at mutual funds, TD Ameritrade boasts an offering of 12418 mutual funds compared to Chase You Invest Trade's 2700 available funds.
Trading access aside, by comparing popular features and functionality, we can break down relevant differences between both brokers. TD Ameritrade offers virtual trading while Chase You Invest Trade does not. Taking a look at 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. Not to be left out, online banking is also a nice benefit for many investors, and some brokerages provide these services to clients. Clients can have Checking Accounts, Debit Cards and Credit Cards at TD Ameritrade while customers at Chase You Invest Trade can have Checking Accounts, Savings Accounts, Debit Cards, Credit Cards and Mortgage Loans.
Overall, between Chase You Invest Trade and TD Ameritrade, TD Ameritrade is the winner.
Chase You Invest Trade Review
TD Ameritrade Review
All pricing data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. 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.
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*INVESTMENT PRODUCTS: NOT A DEPOSIT · NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE