2008 Contributor
OnlineBrokerReview
Hoboken, NJ

TD Ameritrade has a fatal flaw

2 star rating

an moderate investor
Pros

    nice charts

Cons
    excessive margin rates, lies to customers

NOV
23
2008

TDAmeritrade — 

TD Ameritrade is not recommended.

TD Ameritrade does many things right but falls flat with poor stock trading execution under extreme conditions for limit trades - see our stock trading review for further details. Across the board, margin rates are the worst among all brokers. Also, some readers brought to my attention some very poor customer service experiences they had with the company. When a broker treats customers with such contempt, I have a hard time recommending their services to anyone.

Registration ........................................... B
Stock Trading ........................................ D
Options Trading ..................................... C
Charts .................................................... B
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/

Last edited on Dec 08, 2009



I_thumb_down TDAmeritrade is not recommended by OnlineBrokerReview

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