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TD Ameritrade vs Vanguard 2022

StockBrokers.com

Written by StockBrokers.com

November 02, 2022

Is TD Ameritrade better than Vanguard? After testing 15 of the best online brokers over six months, TD Ameritrade (95.41%) is better than E*TRADE (92.52%). TD Ameritrade delivers $0 trades, fantastic trading platforms, excellent market research, industry-leading education for beginners and reliable customer service. This outstanding all-around experience makes TD Ameritrade one of our top overall brokers in 2022.

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Overall RatingTD AmeritradeVanguardE*TRADE
Overall5 Stars3.5 Stars5 Stars
Commissions & Fees4.5 Stars4.5 Stars4.5 Stars
Investment Options5 Stars4.5 Stars5 Stars
Platforms & Tools5 Stars1.5 Stars4.5 Stars
Mobile Trading Apps5 Stars3 Stars5 Stars
Research5 Stars2.5 Stars4.5 Stars
Customer Service4.5 Stars3 Stars4.5 Stars
Education5 Stars2.5 Stars4.5 Stars
Ease Of Use5 Stars4.5 Stars5 Stars
Winnercheck_circle
ReviewTD Ameritrade ReviewVanguard ReviewE*TRADE Review
Trading FeesTD AmeritradeVanguardE*TRADE
Minimum Deposit$0.00$0.00$0.00
Stock Trades$0.00$0.00$0.00
Penny Stock Fees (OTCCB)$6.95$0.00$6.95
Mutual Fund Trade FeeVariesVaries$19.99
Options (Base Fee)$0.00$0.00$0.00
Options (Per Contract)$0.65$1.00$0.65
Futures (Per Contract)$2.25N/A$1.50
Broker Assisted Trade Fee$2525$25
Margin RatesTD AmeritradeVanguardE*TRADE
Margin Rate Under $24,999.9912.50%8.50%11.95%
Margin Rate $25,000.00 to $49,999.9912.00%11.50%11.45%
Margin Rate $50,000.00 to $99,999.9911.00%10.50%10.95%
Margin Rate $100,000.00 to $249,999.9910.75%10.00%10.45%
Margin Rate $250,000.00 to $499,999.9910.50%9.50%9.95%
Margin Rate $500,000.00 to $999,999.99N/A8.25%9.45%
Margin Rate Above $1,000,000.00N/AN/A8.45%
Account FeesTD AmeritradeVanguardE*TRADE
IRA Annual Fee$0.00$20.00$0.00
IRA Closure Fee$0.00$0.00$0.00
Account Transfer Out (Partial)$0.00$0.00$25.00
Account Transfer Out (Full)$75.00$0.00$75.00
Options Exercise Fee$0.00$0.00$0.00
Options Assignment Fee$0.00$0.00$0.00
Investment OptionsTD AmeritradeVanguardE*TRADE
Stock TradingYesYesYes
Margin TradingYesYesYes
Fractional SharesNoNoNo
OTCBB / Pink SheetsYesYesYes
Options TradingYesYesYes
Complex Options Max Legs444
Futures TradingYesNoYes
Forex TradingYesNoNo
Crypto TradingNoNoNo
Crypto Trading - Total Coins000
Mutual Funds (No Load)369806486
Mutual Funds (Total)5876100007242
Bonds (US Treasury)YesYesYes
Bonds (Corporate)YesYesYes
Bonds (Municipal)YesYesYes
Advisor ServicesYesYesYes
International Countries (Stocks)000
Order TypesTD AmeritradeVanguardE*TRADE
Order Type - MarketYesYesYes
Order Type - LimitYesYesYes
Order Type - After HoursYesYesYes
Order Type - StopYesYesYes
Order Type - Trailing StopYesNoYes
Order Type - OCOYesNoYes
Order Type - OTOYesNoYes
Order Type - Broker AssistedYesYesYes
BeginnersTD AmeritradeVanguardE*TRADE
Education (Stocks)YesYesYes
Education (ETFs)YesNoYes
Education (Options)YesNoYes
Education (Mutual Funds)YesNoYes
Education (Bonds)YesNoYes
Education (Retirement)YesYesYes
Retirement CalculatorYesYesYes
Investor DictionaryYesNoYes
Paper TradingYesNoYes
VideosYesNoYes
WebinarsYesNoYes
Webinars (Archived)YesNoYes
Progress TrackingYesNoNo
Interactive Learning - QuizzesYesNoYes
Stock Trading AppsTD AmeritradeVanguardE*TRADE
iPhone AppYesYesYes
Android AppYesYesYes
Apple Watch AppYesNoYes
Trading - StocksYesNoYes
Trading - After-HoursYesNoYes
Trading - Simple OptionsYesNoYes
Trading - Complex OptionsYesNoYes
Order Ticket RT QuotesYesNoYes
Order Ticket SRT QuotesYesNoYes
Stock App FeaturesTD AmeritradeVanguardE*TRADE
Market Movers (Top Gainers)YesNoYes
Stream Live TVYesNoYes
Videos on DemandYesNoNo
Stock AlertsYesNoYes
Option Chains ViewableYesNoYes
Watch List (Real-time)YesNoYes
Watch List (Streaming)YesNoYes
Watch Lists - Create & ManageYesNoYes
Watch Lists - Column CustomizationYesNoYes
Watch Lists - Total Fields514995
Stock App ChartingTD AmeritradeVanguardE*TRADE
Charting - After-HoursYesNoYes
Charting - Can Turn HorizontallyYesNoYes
Charting - Multiple Time FramesYesNoYes
Charting - Technical Studies400010
Charting - Study CustomizationsYesNoYes
Charting - Stock ComparisonsYesNoYes
Trading PlatformsTD AmeritradeVanguardE*TRADE
Active Trading PlatformthinkorswimN/APower E*TRADE
Desktop Trading PlatformYesNoNo
Desktop Platform (Mac)YesNoNo
Web Trading PlatformYesYesYes
Paper TradingYesNoYes
Trade JournalYesNoNo
Watch Lists - Total Fields514995
Stock Chart FeaturesTD AmeritradeVanguardE*TRADE
Charting - Adjust Trades on ChartYesNoYes
Charting - Indicators / Studies4299119
Charting - Drawing Tools24031
Charting - NotesYesNoYes
Charting - Index OverlaysYesYesYes
Charting - Historical TradesYesNoYes
Charting - Corporate EventsYesYesYes
Charting - Custom Date RangeYesNoYes
Charting - Custom Time BarsYesNoNo
Charting - Automated AnalysisYesNoYes
Charting - Save ProfilesYesNoYes
Trade Ideas - Technical AnalysisYesNoYes
Charting - Study Customizations916
Charting - Custom StudiesYesNoNo
Day TradingTD AmeritradeVanguardE*TRADE
Streaming Time & SalesYesNoYes
Streaming TVYesNoYes
Direct Market Routing - StocksYesNoYes
Ladder TradingYesNoNo
Trade Hot KeysYesNoYes
Level 2 Quotes - StocksYesNoYes
Trade Ideas - BacktestingYesNoNo
Trade Ideas - Backtesting AdvYesNoNo
Short LocatorNoNoNo
Order Liquidity RebatesNoNoNo
Research OverviewTD AmeritradeVanguardE*TRADE
Research - StocksYesYesYes
Research - ETFsYesYesYes
Research - Mutual FundsYesYesYes
Research - Pink Sheets / OTCBBYesNoYes
Research - BondsYesNoYes
Screener - StocksYesYesYes
Screener - ETFsYesNoYes
Screener - Mutual FundsYesYesYes
Screener - BondsYesNoYes
Misc - Portfolio AllocationYesYesYes
Stock ResearchTD AmeritradeVanguardE*TRADE
Stock Research - PDF Reports626
Stock Research - EarningsYesYesYes
Stock Research - InsidersYesNoYes
Stock Research - SocialYesNoYes
Stock Research - NewsYesYesYes
Stock Research - ESGNoNoNo
Stock Research - SEC FilingsYesNoYes
ETF ResearchTD AmeritradeVanguardE*TRADE
ETFs - Strategy OverviewYesNoYes
ETF Fund Facts - Inception DateYesNoYes
ETF Fund Facts - Expense RatioYesNoYes
ETF Fund Facts - Net AssetsYesNoYes
ETF Fund Facts - Total HoldingsNoNoYes
ETFs - Top 10 HoldingsYesNoYes
ETFs - Sector ExposureYesNoYes
ETFs - Risk AnalysisYesNoYes
ETFs - RatingsYesNoYes
ETFs - Morningstar StyleMapYesNoYes
ETFs - PDF ReportsYesNoYes
Mutual Fund ResearchTD AmeritradeVanguardE*TRADE
Mutual Funds - Strategy OverviewYesYesYes
Mutual Funds - Performance ChartYesYesNo
Mutual Funds - Performance AnalysisYesYesYes
Mutual Funds - ProspectusYesYesYes
Mutual Funds - 3rd Party RatingsYesNoYes
Mutual Funds - Fees BreakdownYesYesYes
Mutual Funds - Top 10 HoldingsYesYesYes
Mutual Funds - Asset AllocationYesNoYes
Mutual Funds - Sector AllocationYesYesYes
Mutual Funds - Country AllocationNoNoYes
Mutual Funds - StyleMapYesYesYes
Options TradingTD AmeritradeVanguardE*TRADE
Option Chains - Basic ViewYesYesYes
Option Chains - Strategy ViewYesNoYes
Option Chains - StreamingYesNoYes
Option Chains - Total Columns35931
Option Chains - Greeks505
Option Chains - Quick AnalysisYesNoYes
Option Analysis - P&L ChartsYesNoYes
Option Probability AnalysisYesNoYes
Option Probability Analysis AdvYesNoYes
Option Positions - GreeksYesNoYes
Option Positions - Greeks StreamingYesNoYes
Option Positions - Adv AnalysisYesNoYes
Option Positions - RollingYesNoYes
Option Positions - GroupingYesNoYes
BankingTD AmeritradeVanguardE*TRADE
Bank (Member FDIC)NoNoYes
Checking AccountsYesNoYes
Savings AccountsNoNoYes
Credit CardsYesNoYes
Debit CardsYesNoYes
Mortgage LoansNoNoYes
Customer ServiceTD AmeritradeVanguardE*TRADE
Phone Support (Prospect Customers)YesYesYes
Phone Support (Current Customers)YesYesYes
Email SupportYesYesYes
Live Chat (Prospect Customers)YesNoNo
Live Chat (Current Customers)YesNoYes
24/7 SupportYesNoYes
OverallTD AmeritradeVanguardE*TRADE
Overall5 Stars3.5 Stars5 Stars
Commissions & Fees4.5 Stars4.5 Stars4.5 Stars
Investment Options5 Stars4.5 Stars5 Stars
Platforms & Tools5 Stars1.5 Stars4.5 Stars
Mobile Trading Apps5 Stars3 Stars5 Stars
Research5 Stars2.5 Stars4.5 Stars
Education5 Stars2.5 Stars4.5 Stars
Ease Of Use5 Stars4.5 Stars5 Stars
Winnercheck_circle
ReviewTD Ameritrade ReviewVanguard ReviewE*TRADE Review
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TD Ameritrade vs Vanguard Comparison

Comparing brokers side by side is no easy task. For our 2022 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare TD Ameritrade vs Vanguard.

Is TD Ameritrade or Vanguard better for beginners?

TD Ameritrade offers more comprehensive new investor education for beginner investors than E*TRADE. TD Ameritrade offers investors access to Paper Trading, Videos, Education (Stocks), Education (ETFs), Education (Options), Education (Mutual Funds), Education (Bonds) and Education (Retirement), while Vanguard offers investors access to Education (Stocks) and Education (Retirement).

What about TD Ameritrade vs Vanguard pricing?

TD Ameritrade and Vanguard charge the same amount for regular stock trades, $0.00. Option contracts are pricier at Vanguard, costing $1.00 per contract versus $0.65 per contract at TD Ameritrade. For a complete commissions summary, see our best brokers for free stock trading guide.

Does TD Ameritrade or Vanguard offer a wider range of investment options?

TD Ameritrade offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds, Futures Trading, Forex Trading and Advisor Services, while Vanguard offers investors access to Stock Trading, Options Trading, OTCBB / Pink Sheets, Mutual Funds and Advisor Services, neither have Fractional Shares. Looking at Mutual Funds, Vanguard trails TD Ameritrade in its offering of no transaction fee (NTF) mutual funds, with TD Ameritrade offering 3610 and Vanguard offering 272.

Which trading platform is better: TD Ameritrade or Vanguard?

To compare the trading platforms of TD Ameritrade and Vanguard, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TD Ameritrade offers a better experience. With research, TD Ameritrade offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.

Does either broker offer banking?

Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Checking Accounts, Debit Cards and Credit Cards are offered by TD Ameritrade while Vanguard offers neither of these, neither have Savings Accounts and Mortgage Loans.

Is TD Ameritrade good?

TD Ameritrade delivers $0 trades, fantastic trading platforms, excellent market research, industry-leading education for beginners and reliable customer service. This outstanding all-around experience makes TD Ameritrade one of our top overall brokers in 2022.

Is Vanguard good?

Vanguard, known for its low-cost funds, is aimed squarely at buy-and-hold investors and its platform reflects that focus.

TD Ameritrade vs Vanguard Winner

Overall winner: TD Ameritrade

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