Overview of the reliable brokers: TD Ameritrade

For successful trading in the global financial market, you must choose a trading platform that best suits the interests, opportunities and goals of the trader. Many newcomers to this line of business often lose their savings, relying on reviews of promising brokers who are posted on the Internet, completely ignoring other characteristics of the trading platform. But this is a gross mistake. Comments on the network can be written by experts, as ordered by the owners of the platform, and for the money of competitors. Unfortunately, there is no universal algorithm for determining the reliability and capabilities of a broker. But a small analysis of the main criteria of the trading platform will help novice traders, at least, to identify 100% of scammers. For example, take the world-famous company TD Ameritrade, which has been providing financial services to the population for more than 40 years!

Why TD Ameritrade attracts users and is characterized as one of the best in the world ?

Having a solid experience in the global financial market and a positive reputation in the business world, the company may interest investors with large capital, ordinary or professional traders, as well as beginners from this field of activity. Only the fact that TD Ameritrade is registered in the United States (where it is very difficult to obtain documents for such companies) and has been operating for more than 40 years is convincing evidence of the reliability and integrity of the broker.

Among the achievements of the administration of this service, you can highlight:

● the first company supporting individual investors;

● use of telephone communications for trading on the stock exchange;

● one of the first to offer to trade using the Internet.

Security

Installed on TD Ameritrade application (Mobile Trader) allows you to work using almost any mobile device. In this case, the personal information of the client or his deposit will be reliably protected, regardless of which gadget is used to conduct trading operations.

The support service on this resource works round the clock 5 days a week. Qualified professionals will help you solve almost any problem of a technical or financial nature. Experienced experts constantly monitor the work of TD Ameritrade platforms: Trade Architect, Web Platform or thinkorswim.

Having a private bank (TD Bank) gives the company a significant advantage over other trading platforms and allows you to keep customer deposits in case of any unforeseen circumstances.

Site users have the opportunity to find the optimal balance between risks and potential profits, and investors can choose both independent capital allocation and professional portfolio management.

Broker activity regulators

Experienced traders are well aware that in the United States the work of such a huge financial company as TD Ameritrade is possible only with licenses and other permits. In this case, the activity of the trading platform is regulated by:

● Regulator of financial markets and brokers (NFA).

● FINRA – provides transparent relationships between financial market participants.

● SIPC is a non-profit institution that protects the rights of investors in the United States.

Even the listed information is quite enough to easily register a login on TD Ameritrade without fear of fraud on the part of the broker.

Training

During its existence, the company has collected a solid base of educational information that is of interest to both beginners and experienced clients. It includes:

● training webcasts of former traders or SwimLessons;

● benefits for beginners;

● practical recommendations with examples;

● tips for investors;

● analytical information;

● economic news;

● questions about taxation;

● assistance of a personal manager.

If you don’t like the theory created on TD Ameritrade demo account, it will help you to deal with many nuances of online trading. But do not forget that even in this case you will have to study financial terminology.

Characteristics & parameters TD Ameritrade

For their services, the broker takes a certain fee, but judging by the reviews compiled by TD Ameritrade, this fact does not fall into the category of problematic ones. Of course, no one wants to give their money, but against the background of tariffs of other resources, the company in question sets quite reasonable prices.

Trading Conditions

● Minimum amount of deposit – $ 50.

● Awards, bonuses – 60 days of free maintenance; $ 600 for advertising.

● Currency pairs – US dollar.

● Islamic account – no.

● Affiliate program – no.

Opening an account on this platform, you simultaneously have access to the services of TD Bank. You will be able to take loans, open bank deposits, make non-cash transfers that are not related to the broker’s activities.

Deposit and withdrawal

As the testimonials on TD Ameritrade show, some broker clients are very unhappy that you can replenish your deposit or withdraw money only with a bank (transfer, check or plastic card). It is possible that the administration of the resource will resolve this issue, since transfers through the bank take at least 1-2 days.

Financial assets

 For trading clients of the broker in question can use: futures, currency pairs, stocks, stock indices, options, bonds or ETFs.

Analyzing the above information, we can conclude that the broker belongs to the category of reliable and reputable companies, but unfortunately, it is difficult to say in which countries the administration of the trading platform plans to work in the near future.