Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
TD Ameritrade is a US-based brokerage that offers a reputable online trading platform, thinkorswim, which allows individual or professional traders and investors to trade financial products such as stocks, ETFs, mutual funds, options, futures, cryptocurrencies, and treasuries.
|Options||US$0 commission fee, US$0.70 per contract fee|
|Stocks||US$0 commission fee, US$7.44 for online OTC stocks|
|ETFs||US$0 commission fee|
|Futures/ Futures Options||US$2.41 per contract|
|"Section 31" Fee||US$0.0000221 per US$1.00 of transaction proceeds|
|Trading Activity Fee||US$0.000119 (per share), US$0.002 (per options), US$0.00075 (per bond)|
|Full ACAT Transfer out||US$75|
|Outgoing Wire Transfers||US$25|
|Stock Certificate Deposit||US$0|
|Stock Certificate Withdrawal||US$500|
TD Ameritrade’s flagship trading platform, thinkorswim, comes in desktop, web, and mobile versions and is popular amongst both beginner and professional traders and investors worldwide. While the thinkorswim platform comes with no platform fees and is free for all to access, trades are subjected to commission fees.
To open a TD Ameritrade account in Singapore, you can simply scroll up and click on the TD Ameritrade bubble to view more details and apply. Otherwise, you can visit the TD Ameritrade website to initiate your application.
Compare Savings Accounts and maximise your earnings with best interest rates by finding the right bank.
What is TD Ameritrade's minimum deposit? Will I also be able to close my TD Ameritrade account easily in the future? These are common questions that we have while considering an online brokerage. Fret not, we have it all covered here.
|TD Ameritrade Singapore||Trading Products|
|Options||Access to options on US markets|
|Futures||Access to over 50 futures products, 24/6|
|Stocks||Access to over 5,000 listed securities|
|ETFs||Access to over 5,000 listed securities|
TD Ameritrade offers market news, research, analysis, journals, reports, and articles across their web, desktop, mobile app, and social media platforms for both beginner and advanced traders and investors alike. If you are new to trading, TD Ameritrade offers a 5-week introductory course for beginners on the TD Ameritrade Singapore website.
To contact the TD Ameritrade customer service or help desk, you can call +65 6823 2250, WhatsApp the customer service desk at +1 855 281 8383, or visit the TD Ameritrade website to email the help desk team.
TD Ameritrade is good for both beginners and professional investors or traders alike. One, there are no commission fees if you’re trading online stocks, ETFs, and options in US markets. All users also have access to TDAmeritrade’s free trading platform called thinkorswim for charting, screening, and technical analysis – advanced traders will also be able to sign up for advanced news services, data, or quotes for deeper analysis. For beginners, TD Ameritrade has a comprehensive online education and learning centre for you to learn the basics of trading. Finally, there is no minimum funding amount required to open individual or joint TD Ameritrade accounts.