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Comparison Tastyworks vs TD Ameritrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares Tastyworks vs TD Ameritrade. Is Tastyworks or TD Ameritrade a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of Tastyworks on regular transactions of the stock exchange is $0, and TD Ameritrade has a commission fee of $6.95. When analyzing trading options, the commission fees of Tastyworks is $1, and that one of TD Ameritrade is $6.95 + $0.75. 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, Futures Trading are provided to customers by Tastyworks and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading are provided by TD Ameritrade. As for platforms, Tastyworks offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while TD Ameritrade offers 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. Tastyworks was established in 2017 in United States, and it is regulated by FINRA, NFA and SIPC. And TD Ameritrade was established in 1975 in United States, and it is regulated by SEC, FINRA. We can withdraw funds from Tastyworks with the help of Bank Wire, and its withdrawal fee is $25-45. And TD Ameritrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The time for withdrawal in Tastyworks is 3 business days, and that one in TD Ameritrade is one Business Day.
Overall, Tastyworks boasts 4 stars versus TD Ameritrade 4.5 stars.