TD Ameritrade vs Interactive Brokers Comparison: 2024

About TD Ameritrade

TD Ameritrade: An Introduction

Founded in 1975, US based TD Ameritrade is one of the best brokers for beginners with zero account minimums and free stock/ ETFs trading. As we know millions of new traders have joined the market during COVID-19 times looking at it as an opportunity to earn money, TD Ameritrade is one of the largest online brokers who is expanding on a similar edge from many years.

It is popular for its seamless mobile trading experience, best educational resources and has a great platform Thinkorswim which offers you simulator trading. Regulated by top-tier US regulators like SEC and FINRA, it is trusted among traders.

TD Ameritrade is currently owned by TD Bank despite the announcement made by Charles Schwab in November’19 that it will acquire Ameritrade. They will definitely become a brokerage giant whenever combined.

TD Ameritrade Features

• TD Ameritrade offers you a wide selection of investment with stocks, bonds, forex,

About Interactive Brokers

Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!

A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.

Interactive Brokers: An Overview

Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.

Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.

In India, the

TD Ameritrade vs Interactive Brokers Account Opening Charges: 2024

ChargeTD Ameritrade Interactive Brokers
Demat Account Opening ChargesN/A₹0
Trading Acc Opening ChargesN/A₹0
Trading Account AMCN/A₹0
Demat Account AMCN/A₹0

TD Ameritrade vs Interactive Brokers Brokerage Charges and Plans : 2024

ChargeTD Ameritrade Interactive Brokers
Plan NameN/AN/A
Equity DeliveryN/AMinimum ₹6 and Upto ₹20 per executed order
Equity IntradayN/AMinimum ₹6 and Upto ₹20 per executed order
Equity FuturesN/AMinimum ₹6 and Upto ₹20 per executed order
Equity OptionsN/AMinimum ₹6 and Upto ₹20 per executed order
Currency FuturesN/AMinimum ₹6 and Upto ₹20 per executed order
Currency OptionsN/AMinimum ₹6 and Upto ₹20 per executed order
Commodity OptionsN/AN/A
Mutual FundN/AN/A

TD Ameritrade vs Interactive Brokers Margin / Exposure: 2024

SegmentTD Ameritrade Interactive Brokers
Equity DeliveryN/AN/A
Equity IntradayN/AN/A
Equity FutureN/AN/A
Equity OptionsN/AN/A
Currency FutureN/AN/A
Currency OptionsN/AN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A
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