Comparison TD Ameritrade vs Trading 212
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares TD Ameritrade vs Trading 212. Is TD Ameritrade or Trading 212 a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. TD Ameritrade has a commission fee of $6.95, and Trading 212 has a commission fee of 0. For trading in Forex, the commission fee of TD Ameritrade is $0.10 per 1,000 units, while the commission fee of Trading 212 is 0.8 average spread for EUR/USD. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, and Trading 212 provides customers with Stocks Trading, ETFs Trading, Forex Trading. Concerning the platforms, TD Ameritrade uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while Trading 212 uses Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. TD Ameritrade was founded in 1975 in United States, and it is regulated by SEC, FINRA. And Trading 212 was founded in 2004 in Bulgaria, and it is regulated by FCA, FSC. We can withdraw funds from TD Ameritrade with the help of Bank Wire, and its withdrawal fee is free. And Trading 212 provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is 0. The time for withdrawal in TD Ameritrade is one Business Day, and that one in Trading 212 is 0-5 days.
Overall, TD Ameritrade boasts 4.5 stars versus Trading 212 4.3 stars.
Overall Rating
