This TD Ameritrade review will showcase the pros and cons and an overall picture of potential new users. Our review focuses on popularity, user rating and feedback, background information, security, offering, and fees.
TD Ameritrade Popularity
TD Ameritrade is one of the biggest and well-known companies in this market and the stats below are showing just that.
| Query | Answer | Reference URL | Date |
| Number of users (approximate) | 12m+ | https://en.wikipedia.org/wiki/TD_Ameritrade | 31 March 2020 |
| Website traffic (estimated) | 25.2m | https://www.similarweb.com/website/tdameritrade.com/ | 18 Aug 2020 |
| # results on web | 7.3m | https://www.google.com/ | 18 Aug 2020 |
| Search volume Google | 673K | https://searchvolume.io/ | 18 Aug 2020 |
| Twitter followers | 141K | https://twitter.com/TDAmeritrade | 18 Aug 2020 |
| FB followers | 375K | https://www.facebook.com/tdameritrade/ | 18 Aug 2020 |
| How popular on mainstream media? | High | Yahoo Finance, ThinkAdvisor, Business Insider, Barron’s, The Business Times, The New York Times, Bloomberg, Forbes, Tech Crunch | – |
| Negative media? | Medium | https://www.sec.gov/news/press/2011/2011-36.htm https://www.wired.com/2008/07/ameritrade-hack/ https://www.nytimes.com/2009/07/21/business/21auction.html | 2008, 2009, 2011 |
| Notable awards | Best Broker for Stock Trading Platform and Research | https://www.nerdwallet.com/l/awards/investing/2020 | 2020 |
User Rating
As with any company, the reviews and rating online varies depending on each customers experience. But overall, users seem to enjoy using TD Ameritrade for their trading needs.
Background Information
Background information about TD Ameritrade Holding Corp provided in the tables below:
| Company public/private | Public | https://en.wikipedia.org/wiki/TD_Ameritrade |
| Revenue Data | $1.48 billion on Q2 of 2020 | https://www.fool.com/investing/2020/04/22/td-ameritrade-slips-37-on-q2-earnings-miss.aspx |
| CEO and bio | Steve Boyle, He is a professional member of the American Institute of Certified Public Accountants that worked previously for Banknorth and Barnett Banks | https://www.amtd.com/about-us/leadership/person-details/default.aspx?ItemId=93f2258f-73ad-4420-b2bc-4d3b7dee397d |
| Number of employees | 9,183 (2018) | https://en.wikipedia.org/wiki/TD_Ameritrade |
| Notable investors (private companies) | No notable investors but they acquired 3 companies | https://www.crunchbase.com/organization/td-ameritrade/company_financials |
Security
| Query | Answer | Reference URL |
| HTTPS Certificate | Yes | https://www.tdameritrade.com |
| 2FA ? | Yes | https://www.tdameritrade.com/security/asset-protection-guarantee.page |
| Device monitoring? | Yes | https://www.tdameritrade.com/tools-and-platforms.page |
| New device extra security? | Yes | https://www.tdameritrade.com/security/security-procedures.page |
Fees & Offering
TD Ameritrade has started providing commission-free trading since October 2019 to become a real competitor to the Robinhood app.
Trading App
Want more information about the TD Ameritrade’s mobile apps? Overall stats listed in the table below:
Final conclusions: TD Ameritrade – is this the best trading platform?
This TD Ameritrade review allowed you to see how big and an important player in the market TD Ameritrade really is. Excelling in providing a lot of options for its users, having many great functionalities and tools to perform all types of trades.
It might not be as flashy and modern as Robinhood, especially in the mobile app aspect, but it is a giant in its niche and that comes with a lot of reassurance that you are in good hands with your trades