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TD Ameritrade vs Vanguard

TD Ameritrade is a good online broker for long-term investors. How does it compare to Vanguard? Read our comparison chart below.

TD Ameritrade offers $0 commission online stock, ETF, and option trades. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

While Vanguard offers $0 commission on stock and ETF online trades, $0 commission on Vanguard mutual funds, and no minimum deposit.

Compare TD Ameritrade with Vanguard, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 

TD Ameritrade

Vanguard

OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read TD Ameritrade Review

Norton Internet Security 60-day free subscription - Learn More

Read Vanguard Review

 

Benefits and Features

Stock Trading$0 commission for online stock, ETF, and option trades
$0
Options Trading
$0.65 per contract
$0 + $1-per-contract fee. Discounts available if you have more than $1 million assets invested in Vanguard ETFs and mutual funds
Minimum Deposit
$0
$0
Mutual Fund TradingUp to $49.95 or $74.95 for buys. $0 for sells
$0 for Vanguard mutual funds
Commission Free ETFs
550+ Commission-Free ETFs
Around 1,800 ETFs from about 100 other companies
Penny Stocks
Check
 
Broker Assisted Trades
$25
$25.00
Customer Service
(800) 669-3900 (Open 24/7)
Monday-Friday 8am -10pm ET
Inactivity Fee
$0
$0
Maintenance Fee
$0
$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
BankingCash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
No
Mobile App
Check
Yes
Desktop App
Thinkorswim
Yes
Forex Trading
Check
Yes
Futures Trading$2.25 per contract (plus exchange & regulatory fees)
No
LocationsMore than 100 locations in 34 states
No
Online Community 
No
Seminars
Online webcast
Yes
Virtual TradingPaper Trading to practice/test strategies and ideas.
No
 

CreditDonkey® Reviews

Stock TradingStarStarStarHalf StarEmpty StarStarStarStarEmpty StarEmpty Star
Options TradingStarStarStarStarEmpty StarStarStarStarStarEmpty Star
BankingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Commissions and FeesStarStarStarHalf StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarStar
Online CommunityStarStarStarEmpty StarEmpty Star
ResearchStarStarStarStarStarStarStarStarHalf StarEmpty Star
Trading PlatformStarStarStarStarStar
Mutual Fund TradingStarStarStarStarStar
Pros & ConsPros:
  • Easy to Use
  • Thinkorswim Platform
  • Customer Service
Cons:
  • Trade Fees
Pros:
  • Large selection of mutual funds and commission-free ETFs
  • Broker assistance is available at no additional cost
  • Easy to use
Cons:
  • Commission structure penalizes frequent traders
  • Customer service wait times
  • Commission costs on non-Vanguard investment options
Bottom LineGood online broker for long-term investors... Read full reviewGood choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full review

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 07/18/2019.

Vanguard: Pricing information from published websites as of 09/15/2019.

Which is Better: TD Ameritrade or Vanguard?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing TD Ameritrade or Ally Invest.

In short: TD Ameritrade's mobile app and research are impressive.


Articles on TD Ameritrade

TD Ameritrade

TD Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review.

TD Ameritrade Customer Service

TD Ameritrade offers 24/7 customer service - both online and on the phone. But the best way to actually contact TD Ameritrade may surprise you. Read on.

Articles on Vanguard

Vanguard

Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them.

Which Do You Think is Best?





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About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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