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Comparison Interactive Brokers vs TD Ameritrade

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Interactive Brokers vs TD Ameritrade. Which of them: Interactive Brokers or TD Ameritrade a better online broker?

First of all, we’ll compare the commission fees of the two brokers. Interactive Brokers has a commission fee of $0.005, and TD Ameritrade has a commission fee of $6.95. When analyzing trading options, the commission fees of Interactive Brokers is $0 + $0.70 per contract, and that one of TD Ameritrade is $6.95 + $0.75. Now, let’s compare commission fees in Forex, the commission fee of Interactive Brokers is 0.20 basis points, and the commission fee of TD Ameritrade is $0.10 per 1,000 units. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided to customers by Interactive Brokers and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading are provided by TD Ameritrade. Concerning the platforms, Interactive Brokers uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. Interactive Brokers was established in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. And TD Ameritrade was established in 1975 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from Interactive Brokers can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. And TD Ameritrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The time for withdrawal in Interactive Brokers is 3-5 days, and that one in TD Ameritrade is one Business Day.

Overall, Interactive Brokers boasts 4.1 stars versus TD Ameritrade 4.5 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
Interactive Brokers
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
TD Ameritrade
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
Futures
Metals
Cryptocurrency
Interactive Brokers
Stock
$0.005
ETFs
$0
Options
$0 + $0.70 per contract
Mutual Funds
$14.95
Bonds
0.1% of face value
Forex Spreads
0.20 basis points
Futures
$0.85 per contract
Metals
0.15 basis points
Cryptocurrency
$5 per contract
TD Ameritrade
Stock
$6.95
ETFs
Commission-free
Options
$6.95 + $0.75
Mutual Funds
Commission-free
Bonds
Commission-free
Forex Spreads
$0.10 per 1,000 units
Futures
$2.25 fee per contract
Metals
N/A
Cryptocurrency
N/A

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Interactive Brokers
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
TD Ameritrade
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Interactive Brokers
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
TD Ameritrade
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Education
Demo account
Interactive Brokers
Research & Analysis
Education
Demo account
TD Ameritrade
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
Interactive Brokers
Android App
iOS App
TD Ameritrade
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Interactive Brokers
Minimum deposit
$0
Bank Wire
Visa/Mastercard
TD Ameritrade
Minimum deposit
None
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
Interactive Brokers
Bank Wire
Visa/Mastercard
Withdrawal Time
3-5 days
Withdrawal Fee
$0
TD Ameritrade
Bank Wire
Visa/Mastercard
Withdrawal Time
One Business Day
Withdrawal Fee
Free

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
Interactive Brokers
Сountry of Origin
United States
Year Founded
1978
Regulated By
NYSE, FINRA, SIPC
TD Ameritrade
Сountry of Origin
United States
Year Founded
1975
Regulated By
SEC, FINRA

Customer Service

Customer Service
Phone
Email
Live Chat
 
Interactive Brokers
Phone
1 (877) 442-2757
Email
Email form
Live Chat
Yes
TD Ameritrade
Phone
Yes
Email
Yes
Live Chat
Yes (In-App Chat)

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