Best Broker for Shorting Stocks
TD Ameritrade is one of the largest brokerage houses in the country. It is also one of best online brokers for shorting stocks: great
availability of shortable stocks, no requirements on price of stock to be shorted (though shorting of OTC BB or Pink Sheet type stocks is not allowed),
and no strange account margin calculations.
Read full TD Ameritrade Review.
TD Ameritrade Commissions and Fees
| Product | Price |
|---|
| Stocks and ETFs | $9.99 |
| Stocks and ETFs broker assisted | $49.99 |
| Stocks and ETFs interactive voice response (IVR) telephone system | $34.99 |
| Options | $9.99 plus $0.75 per contract |
| No-load mutual funds | $49.99 |
| Treasuries at auction | $25 flat fee |
| All other bonds and CMOs, CDs | on a net yield basis |
| Futures | $3.50 per contract (inclusive of exchange fees) |
| Investments | stocks, bonds, mutual funds, options, ETFs, bonds, CDs, UITs, futures and forex |
| TD Ameritrade minimum deposit to open account | $0 for cash account, $2,000 for margin account |
| Fees | TD Ameritrade fees |
- No surcharges on penny stocks, large orders, or after-hours trading
- Large and well known company with 126 local branches
- Two excellent trading platforms: ThinkOrSwim and Trade Architect
- Practice trading without risking your own money using paperMoney
- See what other traders are doing on myTRADE trader community
- Free IRA accounts
- No maintenance or inactivity fees
- Free streaming quotes, including Level II
- Largest selection of independent, third-party research from 12 firms (Standard & Poor's, Morningstar, Jaywalk, TheStreet, etc.)
- 100+ ETFs with no commissions
- Large number of mutual funds - over 13,000 available
This article was updated on 01/25/2013.
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