TD Ameritrade is one of the biggest online brokers. It’s won many awards and received high ratings from the financial press. That all sounds great, but it’s not why I use it.
The broker you use is just as important as how you invest your money. While there are a lot of good online brokers to choose from, it makes sense to choose the broker that best fits your investment needs.
If I started from scratch and had to find a new broker today, these would be the key requirements I’d look for:
- No Minimum Deposit Requirement
- Great Research Tools
- Easy to Use Trading Platform
- Commission Free ETFs
- Great Customer Support
- Competitive Costs
- Easy Tax Reporting
In the end, TD Ameritrade meets all of these and it’s why I use it today. I’ve been a TD Ameritrade user since 2005. As far as I’m concerned, it’s the best online broker around. It’s great for beginners, long-term investors, and has the advanced tools any trader needs. Continue Reading…