CreditDonkey is a stock broker comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†






Vanguard vs TD Ameritrade

Vanguard is a good choice for ETF and mutual fund investors interested in Vanguard-sponsored investments. How does it compare to TD Ameritrade? Read our comparison chart below.

Vanguard offers low stock trade prices (starting at just $2) for investors with account balances over $500k. For those with smaller balances, it's best for less active traders, as trade prices go up after 25 trades/year. Vanguard offers 125+ no-transaction-fee mutual fees and 55+ commission-free ETFs. There is no minimum deposit and service fees can be waived by signing up for electronic statements.

While TD Ameritrade offers stock trades at $6.95 per trade and 300+ commission free ETFs. This online broker also has more than 100 branch locations. There is no minimum deposit, no maintenance fee, and no inactivity fee.

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

 TD Ameritrade
 Learn MoreVisit Site
 

Vanguard

TD Ameritrade

Norton Internet Security 60-day free subscription - Learn More

Read Vanguard Review

SPECIAL OFFER
Get 60 Days of Commission-Free Trading - Learn More

Read TD Ameritrade Review

 

Benefits and Features

Stock TradingLess than $50,000: $7 per trade for the first 25 trades per year, then $20.
$50k - $500k: All trades $7.
$500k - $1M: All trades $2.
$1M - $5M: First 25 trades per year free, then $2.
$5M+: First 100 trades per year free, then $2
$6.95 per trade
Options TradingLess than $500,000: $7 + $1 per contract.
$500,000+: $2 + $1 per contract
$6.95 + $0.75 per contract
Minimum Deposit
$0
$0
Mutual Fund Trading$0 for no-transaction-fee funds. For transaction-fee funds: $20 for account balances less than $500,000; $8 for account balances $500,000+$0 for no-transaction-fee mutual funds
$49.99 for no-load mutual funds
$0 for load mutual funds
Commission Free ETFsAround 1,800 ETFs from about 100 other companies
300+ Commission-Free ETFs
Penny Stocks 
Broker Assisted Trades
$25.00
$44.99
Customer Service
Monday-Friday 8am -10pm ET
(800) 669-3900 (Open 24/7)
Inactivity Fee
$0
$0
Maintenance Fee$20/year. Waived if account owner signs up for e-delivery service OR have at least $10,000 in Vanguard ETFs and mutual funds
$0
Banking
No
Cash Management account offers free ATM withdrawals, no monthly maintenance fees, free online bill pay, and free check writing.
Mobile App
Yes
Desktop App
Yes
Thinkorswim
Forex Trading
Yes
Futures Trading
No
$2.25 per contract (plus exchange & regulatory fees)
Locations
No
More than 100 locations in 34 states
Online Community
No
 
Seminars
Yes
Online webcast
Virtual Trading
No
Paper Trading to practice/test strategies and ideas.
 

CreditDonkey® Reviews

 TD Ameritrade
Stock Trading
Options Trading
Mutual Fund Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Banking
Online Community
Trading Platform
Pros & ConsPros:
  • 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
Pros:
  • Easy to Use
  • Thinkorswim Platform
  • Customer Service
Cons:
  • Trade Fees
Bottom LineGood choice for ETF and mutual fund investors interested in Vanguard-sponsored investments... Read full reviewGood online broker for long-term investors... Read full review
 Learn MoreVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Vanguard: Pricing information from published websites as of 07/11/2019.

TD Ameritrade: Pricing information from published website as of 07/11/2019.

TD Ameritrade: TD Ameritrade has not influenced the content of CreditDonkey. CreditDonkey may earn compensation for accounts opened at TD Ameritrade.

Which is Better: Vanguard or TD Ameritrade?

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

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


Articles on Vanguard


Articles on TD Ameritrade


Which Do You Think is Best?

Name
Email (won't be published)


You Might Also Like


Compare Vanguard to:


You might also be interested in

BusyKid

Gregg Murset knew he was doing something right when his son Spencer approached him for advice. The 14-year-old boy ran an idea by his dad: Spencer planned on selling the Disney stock he had bought with his own hard-earned allowance money.

Compare TD Ameritrade to:


Next Page:

About CreditDonkey®
CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

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.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.