TD Ameritrade Review for Options Trading 2018

on TD Ameritrade's site

TD Ameritrade Review for Options Trading Cheat Sheet

While it doesn’t come cheap, TD Ameritrade boasts a robust downloadable trading platform that many options traders love. Commissions are a different story, however, because trade start at $6.95 + $0.75 per contract, making Ameritrade one of the most expensive online brokers in the country.

Table of Contents

Traders who don’t mind spending a lot of money in commissions who appreciate the security of TD Ameritrade’s physical branch locations in the US.

Pros

  • Advanced trading software
  • 24/7 customer service
  • Options analysis tools are helpful in determining potential P/L

Cons

  • Very expensive commissions for options
  • thinkorswim platform known to stall and lag during peak market hours
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