TD Ameritrade vs Interactive Brokers

	TD Ameritrade	Interactive Brokers
	OFFER Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More	SPECIAL OFFER Referral Program - $200 Bonus - Learn More Read Interactive Brokers Review
	Benefits and Features
Stock Trading	$0 commission for online stock, ETF, and option trades	IBKR Lite: $0 per share (min $0 per order) IBKR Pro - Fixed: $0.0005 per share (min $1.00 per order, max 1.0% of trade value) IBKR Pro - Tiered: Starts at $0.0035 per share for less than 300,000 shares (min $0.35 per order, max 1% of trade value)
Options Trading	$0.65 per contract	$0.15-$0.65 per contract ($1 minimum per order)
Annual Fee		None
Cryptocurrency Trading		0.12% to 0.18% of trade value ($1.75 minimum per order)
Minimum Deposit	$0	$0
Mutual Fund Trading	Up to $49.95 or $74.95 for buys. $0 for sells	$0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less
Commission Free ETFs	550+ Commission-Free ETFs	150+
Live Chat Support	Yes
Penny Stocks
Broker Assisted Trades	$25	$30
Inactivity Fee	$0	$0
Maintenance Fee	$0	$0
Online Platform	Yes
Banking	Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.	No
Mobile App	Yes	Yes
Desktop App	Thinkorswim	Yes
Forex Trading	Yes	Available for qualified customers
Futures Trading	$2.25 per contract (plus exchange & regulatory fees)	Yes
Bond Trading	Yes
CFD Trading	No
Currency Trading	Yes
Customer Service	(800) 669-3900 (Open 24/7)	United States: Monday-Friday 8am - 10pm ET; Sunday 1pm - 7pm ET (24/7 Weekday service available in other countries)
Locations	More than 100 locations in 34 states	No
Online Community		Yes
Seminars	Online webcast	Yes
Trading Platform	thinkorswim	Desktop, Web Trading, Mobile Apps
Virtual Trading	Yes	Yes
	CreditDonkey® Reviews
Stock Trading
Options Trading
Mutual Fund Trading
Online Platform
Banking
Mobile App
Commissions and Fees
Ease of Use
Research
Pros & Cons		Pros: Large number of investments, including options, futures, and forex Customize trading platform Tools and opportunities for research Cons: Platform can be too much for a beginner to understand Complicated pricing structure
Bottom Line		Good discount broker for experienced, high volume traders... Read full review
	Commission-Free Trading - Online Stock, ETF and Option Trades Open an IRA in 15 minutes or less	Referral Program - $200 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Ameritrade: Pricing information from published website as of 09/05/2023. Interactive Brokers: Pricing information from published websites as of 10/17/2023.

Articles on Interactive Brokers

Interactive Brokers

Interactive Brokers offers a robust trading platform that experienced traders favor due to its competitive fee structure and extensive range of trading options.