TD Ameritrade: Overview
| TD Ameritrade Overview | |
| Pros | – No-fee equity, ETF & option online trades
– Online/mobile trading platforms for newbies and veterans alike
– Robo-advisor service available |
| Cons | – Many disclosures on its record |
| Best For | – Online traders
– Customers who value support |
Charles Schwab announced in November 2019 that it is officially acquiring TD Ameritrade, with the sale expected to close in the latter half of 2020. The integration process for this acquisition is expected to take anywhere from 18 to 36 months. So if you decide to open an account with TD Ameritrade in the near future, it’s likely that your account will be moved over to Schwab around that time.
