TD Ameritrade has a long history in the brokerage industry. You have probably heard of TD Ameritrade due to its famous television commercials. Actor Sam Waterston or Assistant District Attorney Jack McCoy from the Law & Order franchise is the company spokesman. They are not only accessible online, but you can visit one of the over 100 TD Ameritrade locations.
Founded in 1975, TD Ameritrade was originally named First Omaha Securities. With currently over 6 million customers in the United States, it is one of the largest online brokers.
TD Ameritrade has a number of great investment options, straightforward pricing, and solid investing tools, which makes them a good broker for all of the services provided. The no account minimum is a big selling point since so many brokers try to nickel and dime you with fees.
Opening a new account is pretty easy and doesn’t take a lot of time. You can fund it electronically and start buying and selling stocks the same day.
The customer service is top rate, and its good to know that you can always drop by a branch office if you have a question. If you are looking for the lowest cost brokerage house in the industry then look elsewhere. However, if you are looking for a broker that offers a good value for all of the investment tools that you need then TD Ameritrade may be right for you.