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TDAmeritrade

TDAmeritrade Reviews



Overall 3.5 star rating3.73 of 5 (by 11 users)




TDAmeritrade Review Summary

Thanks to the invention of the internet, stock trades are just a mouse click away and one of the first companies to offer online trading was TD Ameritrade, an online brokerage service that allows self- directed trades via the web site or customer- assisted trades by phone. Fees charged by TD Ameritrade are low, and this makes it easy for TD Ameritrade customers to increase their portfolios without giving up excessive amounts of cash in the form of commissions and other fees. TD Ameritrade offers “Great Online Support” but at least one reviewer has warned TD Ameritrade customers to “Use This Broker at Your Own Risk”, due to the fact that the site has been known to become inoperable at critical trading times. But TD Ameritrade is still one of the higher- rated Online Brokerage Services, and it makes a good choice for those who trade frequently.
45% of people rated TDAmeritrade as 5 stars
45% of people rated TDAmeritrade as 5 stars%
45%
18% of people rated TDAmeritrade as 4 stars
18% of people rated TDAmeritrade as 4 stars%
18%
10% of people rated TDAmeritrade as 3 stars
10% of people rated TDAmeritrade as 3 stars%
10%
18% of people rated TDAmeritrade as 2 stars
18% of people rated TDAmeritrade as 2 stars%
18%
9% of people rated TDAmeritrade as 1 star
9% of people rated TDAmeritrade as 1 star%
9%
70% 70% of people recommend TDAmeritrade 30% of people don't recommend TDAmeritrade 30%

TDAmeritrade Comparison

5 star rating Most Helpful
Favorable Review
FEB
20
2008

I have been am Ameritrade now TDAmeritrade customer for about 10 years.  I am very happy with the user friendly website, the ongoing education provided and the outstanding customer service.

I find the website very efficient.  THere are numerous opportunities to research and learn about investing.

The...

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reviewer
an moderate investor

daisy6
mequonThiensville, WI
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3 star rating Most Helpful
Critical Review
JAN
22
2008

For the second time in 18 months TD Ameritrade's computers failed during a major market crisis. Each time customers were unable to log in and access their accounts. This time TD Ameritrade would not even take phone calls leaving their customers totally helpless to manage their accounts. I'm sure...

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reviewer
Every day computer user

TeeBall
Marietta, GA
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TDAmeritrade Ratings and Reviews

items/page: 15 | 30 | 50 displaying 1 to 9 of 11 sort by: most helpful | date | rating


4
helpful
votes
Every day computer user, an moderate investor

MAR
27
2008
Gave Misleading advice on buying stock on margin
Used pressure tactics - constant phone calls trying to pressure me to trade more
Also gave incorrect information about how much (what %) certian stocks could be levereged
reccomended i buy More enough intel on margin - up to the point i was 75% on margin       -

which is absurd                                            


           

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1 star rating
reviewer
stealth999x
New York, NY



2
helpful
votes
an moderate investor

JUN
5
2008
I held four accounts at TDAmertrade, which I had originally opened several years ago at TD Waterhouse before the merger with Ameritrade. Over the years, they have lost my cost basis information on several investments, sold my email address to spammers at least twice, and steadily increased their margin interest rates to be among the highest in the industry. Last month they moved assets between two of my account without my consent nor prior notification. Their compliance dept declined to fix the problem and also declined to explain just how and why it had occurred. Fortunately my local agent was... read full review »
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2 star rating
reviewer
mightyyam
Austin, TX



Reviews continue below ads

D
an moderate investor

NOV
23
2008

TD Ameritrade does everything right but falls flat with poor trade execution for limit trades.  If this flaw was fixed I would gladly recommend the service but as is, it is a fatal flaw in my view.

Registration - B
Trading - D
Charts - A
Research Tools - A
Commissions and Fees(Pass/Fail) - Pass

Read my full review of TD Ameritrade and other major online brokers at http://onlinebrokerreview.blogspot.com/


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2 star rating
OnlineBrokerReview
Hoboken, NJ



D
an moderate investor

NOV
4
2008
Had a good experience with td ameritrade.
Able to trade in real time with low per trade fees.
you get a month of free trades when you sign up.
When I needed to withdraw money, funds were in my checking  account in 3 days.
would recommend  this brokerage for anyone

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5 star rating
reviewer
ctaylor1
Allentown, PA



D
an moderate investor

MAR
26
2008
I researched some of the other trading websites along with TD Ameritrade and found that TD was the best choice for me.  They gave me more flexiblity to start investing in what I wanted right away.  Many of the other sites have stipualtions and rules about get started.
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4 star rating
reviewer
loriannf99
Benton, AR



D
Every day computer user

NOV
23
2007

I was leery to use on-line service, unsure if it would work. The account manager said he would walk me through process. Before you confirm trade, it would repeatedly ask if this is what you want to do. There is a 7/24 phone-line for questions and answers.

 


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5 star rating
reviewer
lietuvaite
Bloomfield Hills, MI



D
an moderate investor, an aggressive saver

AUG
4
2008

I love TDAmeritrade as my broker. They have fantastic tools and prices are easy to understand and to use. The only criticism I have is that they do not have a very useful mobile platform, other than that I would recommend it to all investors and traders.


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5 star rating
reviewer
clhinner
Augusta, GA



D
an moderate investor

NOV
25
2008
I love this site, friom setting up your account, funding and making your trades it is a very simple process. I have been with them for several years now an i have 1 complaint, they take more than 24 hours to transfer money to your account.
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4 star rating
reviewer
powersirj
Milton, FL



D
willing to pay more for quality, expecting good, fair service, Every day computer user, a busy person, practical, value conscious, married, a bargain hunter

NOV
29
2007

We have had accounts with this company since 1995.  It has gone through many changes, but we have generally been highly satisfied with the service.  Pricing is most favorable, too, except there are a few nuisance service charges, such as the $25 "reorganization" fee when a company is bought out and the stock is liquidated for cash.  In theory, this should generate another brokerage commission, but TDAmeritrade apparently doesn't agree.

 

I have had a number of service problems over the years, but they have all been resolved thanks to access to a live person, rather than being forced into e-mail...

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5 star rating
reviewer
assisi
Bellingham, WA



Reviews of TDAmeritrade