Fidelity vs TD Ameritrade

Choosing the right online brokerage comes down to your priorities. Some investors are willing to pay higher trade commissions for a state-of-the-art platform; others count costs above all else. Settling on the best option for you means weighing the following factors, which vary from broker to broker. Here will be reviewed on the online comparison of reputable brokers that is Fidelity vs TD Ameritrade for you who are looking for the best online broker referrals.

Fidelity
The biggest knock on Fidelity’s brokerage side is the trade minimum on its active trader platform. Fidelity lowered its commissions in February 2017, dropping from $7.95 per trade to $4.95. That’s rock-bottom among online brokers, especially for the level of service the company provides. The downside to Fidelity’s trading platforms and tools is that, as mentioned, certain offerings are restricted to high-volume traders. Active Trader Pro requires that customers trade at least 36 times in a rolling 12-month period; some advanced tools on that platform, like charting with Recognia, are available only to traders who place at least 120 trades per year. Wealth-Lab Pro access requires 36 trades per year and a minimum of $25,000 in assets. Fidelity’s lineup of services for investors goes well beyond retirement accounts. Investors interested in venturing outside of the land of mutual funds should take note of the company’s low commissions, advanced trading capabilities — including a very strong mobile app — and breadth of research. Fidelity is best for traders who qualify to use its advanced platform, tools and active trader support.

TD Ameritrade
TD Ameritrade charges more than its competitors but delivers with fantastic platforms, research, mobile apps, education, and customer service. The all-round experience makes TD Ameritrade number one broker for 2017. After using a TD Ameritrade account, you cannot help but love the overall experience. The broker charges $6.95 per trade, almost twice that of some of the cheaper discount brokers. However, the value and quality delivered is so superior it easily justifies the higher price tag. While having access to 24/7 customer support, advanced trade platforms, ample research, real-time streaming quotes site wide and more is great; unfortunately, it is expensive. TD Ameritrade charges a flat rate of $6.95 per trade, with options costing $6.95, plus $.75 per contract. From all of the functionality provided on the website, TD Ameritrade had two outstanding functions: the Social Signals tab and the Peer Comparison tab. Powered by LikeFolio, Social Signals displays both a real-time streaming feed of algorithmically filtered brand-relevant tweets and a summary chart of the most-tweeted brands.

FidelityTD Ameritrade
- Fidelity is best for traders who qualify to use its advanced platform, tools and active trader support. - TD Ameritrade charges more than its competitors but delivers with fantastic platforms, research, mobile apps, education, and customer service
- Fidelity lowered its commissions in February 2017, dropping from $7.95 per trade to $4.95- The all-round experience makes TD Ameritrade number one broker for 2017
- The downside to Fidelity’s trading platforms and tools is that, certain offerings are restricted to high-volume traders- The broker charges $6.95 per trade, almost twice that of some of the cheaper discount brokers. However, the value and quality delivered is so superior

Conclusion
When it’s time to decide, TD Ameritrade is one of those companies that deserve it. They understand their clients and the value of a high-quality user experience, and they know what it takes to stay ahead of the competition. Any investor, new or seasoned, will find TD Ameritrade a great fit for their needs. For online investing and trading in 2017, TD Ameritrade ranks #1 overall.

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