TD Ameritrade Commissions Structure
| Investments | Commissions |
|---|
| Stocks and ETFs | $0 |
| Stocks and ETFs broker assisted | $25 |
| No-load mutual funds | $49.99 to buy, $0 to sell |
| Treasuries at auction | $25 |
| All other bonds and CMOs, CDs | on a net yield basis |
| Futures | $2.25 per contract plus exchange & regulatory fees |
| Forex | Non-commission currency pairs trade in increments of 10,000 units (and do not contain a "#" symbol suffix). There are no additional fees or charges. |
| Investments | stocks, mutual funds, ETFs, bonds, CDs, UITs, futures, and forex |
| TD Ameritrade minimum deposit to open account | $0 |
IRA Fees
| Fee |
Amount |
| TD Ameritrade IRA setup fee |
$0 |
| TD Ameritrade annual IRA fee |
$0 |
| TD Ameritrade IRA termination fee |
$0 |
| TD Ameritrade account maintenance fee |
$0 |
| TD Ameritrade account inactivity fee |
$0 |
| TD Ameritrade outbound full account transfer (ACAT) fee |
$75 |
| TD Ameritrade outbound partial account transfer fee |
$0 |
Margin Rates
Margin interest rates vary with the base rate and in accordance with the
following schedule based on the size of the margin debit balance.
|
Debit Balance
|
Margin Interest Rates
|
|
above $499,999
|
call 800-655-4777
|
|
$250,000 - $499,999
|
12.75%
|
|
$100,000 - $249,999
|
13%
|
|
$50,000 - $99,999
|
13.25%
|
|
$25,000 - $49,999
|
14.25%
|
|
$10,000 - $24,999
|
14.5%
|
|
under $10,000
|
14.75%
|
When setting the base rate, TD Ameritrade considers indicators including, but
not limited to, commercially recognized interest rates, industry conditions
relating to the extension of credit, the availability of liquidity in the
marketplace, the competitive marketplace and general market conditions.
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Open TD Ameritrade Account
FDIC Insured Cash Sweep Interest Rates
|
Dollar Range |
Interest Rate |
Annual Percentage Yield |
|
$0.01 - $4,999.99 |
0.35%
|
0.35% |
|
$5,000.00 - $24,999.99 |
0.35%
|
0.35%
|
|
$25,000.00 - $99,999.99 |
0.35%
|
0.35%
|
|
$100,000.00 - $199,999.99 |
0.35%
|
0.35%
|
|
$200,000.00 - $499,999.99
|
0.35%
|
0.35%
|
|
$500,000.00 - $999,999.99
|
0.35%
|
0.35%
|
|
$1,000,000 +
|
0.35%
|
0.35%
|
Cash in the IDA is held at TD Bank, N.A., TD Bank USA, N.A., or both. Assets at
each bank will be eligible for FDIC insurance of up to $250,000 per depositor.
Because there are two banks in the IDA program, IDA balances could be covered
for up to $500,000 per depositor. TD Bank N.A. and TD Bank USA, N.A. are
affiliates of TD Ameritrade.
Cash Rates
|
Dollar Range |
Interest Rate |
Annual Percentage Yield |
|
$0.01 - $4,999.99 |
0.01% |
0.01% |
|
$5,000.00 - $24,999.99 |
0.01% |
0.01% |
|
$25,000.00 - $99,999.99 |
0.01% |
0.01% |
|
$100,000.00 - $199,999.99 |
0.01% |
0.01% |
|
$200,000.00 - $499,999.99
|
0.01% |
0.01% |
|
$500,000.00 - $999,999.99
|
0.01% |
0.01% |
|
$1,000,000 +
|
0.01% |
0.01% |
Service Fees
|
Certificate |
|
|
Certificate Withdrawal |
$500 |
|
Checking |
|
|
Checkbook Reorder |
FREE/100, IRA - Free/20 |
|
Copy of Check |
$15 |
|
Debit Card |
|
|
ATM fees |
Unlimited Rebates - Nationwide |
|
Annual fee |
$0 |
|
Miscellaneous |
|
|
Overnight Delivery |
Billed at cost
|
|
Stop Payment
|
$25
|
|
Reorganization |
|
|
Mandatory |
$38 |
|
Voluntary Tender Offer |
$38 |
|
Statements and Trade Confirmations |
|
|
Electronic Statements |
No Charge |
|
Paper monthly statements by U.S. mail |
FREE: accounts with liquidation value >= $10k
$2: accounts with liquidation value < $10k |
|
Paper quarterly statements by U.S. mail |
FREE: accounts with liquidation value >= $10k
$2: accounts with liquidation value < $10k |
|
Paper trade confirmations by U.S. mail |
FREE: accounts with liquidation value >= $10k
$2: accounts with liquidation value < $10k |
|
Replacement Paper Statements by U.S. Mail |
$5 |
|
Replacement Paper Trade Confirmations by
U.S. Mail |
$5 |
|
Transfers |
|
|
Outbound Full Account Transfer |
$75 |
|
Outbound Partial Account Transfer |
Free |
|
Wires (Outgoing) Domestic/International |
$25
|
All prices shown in U.S. dollars. Fees charged may vary by program, location or
arrangements. Fees are subject to change upon 30 days notice to you. TD
Ameritrade charges a sales fee on certain sell transactions. The sales fee is
assessed at a rate consistent with Section 31 of the Securities and Exchange Act
of 1934.
Exception Fees
|
NSA custody fee |
$250 per position charged annually |
|
NSA transaction fee
|
$100 per transaction
|
|
Forced Margin Sellout |
$25 + broker commission |
|
Foreign Security |
$15 + broker commission and all applicable local market charges |
|
Mutual Fund Short-Term Redemption |
$49.99
|
|
Commission-free ETF short-term trading fee |
$13.99
|
|
Regulation T Extension |
$25 |
|
Restricted Security Processing for
non-affiliates |
$50 |
|
Restricted Security Processing for Company
Affiliates and Restricted Shares Requiring Special Handling |
$250 |
|
Returned Check/Electronic Funding |
$25 |
|
Removal of Non Marketable Security
|
FREE
|
|
French Financial Transaction Tax (FTT) Ordinary & ADR - all opening transactions in designated French companies will be subject to the French FTT
|
0.30% of the total transaction cost
|
|
Italian Financial Transaction Tax (FTT) Ordinary & ADR - all opening transactions in designated Italian companies will be subject to the Italian FTT
|
0.10% of the total transaction cost of in scope equities and other financial instruments, and a flat amount which ranges from EUR0 .025 to EUR 200 depending on the relevant instruments and on its notional value for derivatives, traded on a regulated market or multilateral trading facility in a EU Member State.
|
|
American Depositary Receipt (ADR) Fee
|
ADR fees charged by custodian banks normally average from one to three cents per share. Fee amounts and timing differ by ADR
|
All prices shown in U.S. dollars. Fees charged may vary by program, location or
arrangements. Fees are subject to change upon 30 days notice to you. TD
Ameritrade charges a sales fee on certain sell transactions. The sales fee is
assessed at a rate consistent with Section 31 of the Securities and Exchange Act
of 1934.
Monthly Subscription Fee
| |
Non-professional clients |
Professional clients |
| Streaming News |
Free |
$99.00 |
| NASDAQ Level I |
Free |
$24.00 |
| NASDAQ Level II |
Free |
Free |
| Real-time OPRA quotes |
Free |
$31.50 |
| Real-time AMEX quotes |
Free |
$23.00 |
| Real-time NYSE quotes |
Free |
$45.00 |
Premium Research Subscriptions
|
MarketEdge Daily
|
$9.99 |
|
MarketEdge Daily Plus |
$19.99 |
TD Ameritrade Incentive, Review and Website Link
Read full
TD Ameritrade Review.
TD Ameritrade incentive: $0 commissions + transfer fee reimbursement.
TD Ameritrade fees are as of 2023 and are subject to change. For the most recent information on TD Ameritrade fees visit their website:
Open TD Ameritrade Account
TD Ameritrade Account Fees
TD Ameritrade doesn’t have a lot of fees outside of its commissions, but there are a few that you should be
aware of. Below will go over which of these other fees, if any, could be relevant to your TD Ameritrade account.
Account Inactivity and Maintenance Fees
The good news is that TD Ameritrade doesn’t charge any inactivity fees. This means that you can open an account and place trades as often or infrequently as you like without worrying about being charged a fee to keep your account open. You could even take a break from trading for a year and there’s still no inactivity fee.
Account Setup Fees
TD Ameritrade really makes the account opening process very easy because there are also no account setup fees and no account minimums required to open an account. In fact, there’s even some better news here. If you are transferring your investment portfolio from another broker, TD Ameritrade will reimburse you for the account transfer fee charged by your previous broker (up to $150).
Account Closing Fees
What if you decide you no longer want to invest or you something else came up that you need your cash for? TD Ameritrade won’t charge you a fee for simply closing your account, and by closing your account here we mean selling off your investments and then simply withdrawing the settled cash from your brokerage account.
Account Transfer Fees
On the other hand, if you don’t want to liquidate your portfolio but instead want to transfer it completely
to another broker TD Ameritrade will charge you a $75 transfer fee. Partial account transfers, where you move
only some of your portfolio’s holdings to another broker, are free.
Withdrawal Fees
If you use a basic ACH transfer to withdraw funds from your TD Ameritrade account it won’t incur any charges, and this is why ACH transfers are the preferred method among investors as they are generally free at most brokers. There are different types of transfers available that can get you your money faster, but these often incur fees. Redeeming by wire transfer at TD Ameritrade, for example, will incur a $25 charge.
Account Statement Fees
Most people prefer to get their monthly/quarterly account statements online through their broker’s website as it’s just easier, and let’s face it, we’d all probably like to eliminate some of the paper mail that clutters the kitchen table. But if you prefer your statements the old fashion way, TD Ameritrade will charge you a $2 fee for each mailing if your account value is less than $10,000. Larger accounts are not subject to this fee.
Data Fees
Another great thing about TD Ameritrade is that they do not charge any fees for the real-time data that comes with your account. Real-time prices, level II quotes, and streaming live news are great features that come with your Ameritrade account at no extra charge, but we will note that professional clients (not individual investors) are assessed a fee for this data.
TD Ameritrade Fees Summary
In summary, TD Ameritrade ranks at the top of the list in terms of non-trade related account fees. They don’t have any account maintenance, inactivity, setup, or closing fees. Certain types of withdrawals are charged a small fee, but these can be avoided using ACH transfers. Transferring your portfolio to another broker is really the only action that will incur an unavoidable fee at TD Ameritrade, and this fee is standard across the industry.
Open TD Ameritrade Account
Open TD Ameritrade Account
Arthur Chachuna is professional personal finance blogger, and the owner of Brokerage-Review.com.
He has been an avid investor for 23 years, and has background in both applied math and programming.
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