Commissions

Online brokerage comparison

Low commissions. High value. TD AMERITRADE offers low, flat-rate commissions and no hidden fees. That makes trading with us an attractive proposition. Choose a type of trade below to begin the online brokerage comparison, or enter your own numbers using our interactive commission calculator to see your potential quarterly savings.

Stock		Mutual Funds		Options
Internet Interactive Voice Response (IVR) Phone System Broker-Assisted		Internet Interactive Voice Response (IVR) Phone System Broker-Assisted		Internet Interactive Voice Response (IVR) Phone System Broker-Assisted

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Stocks: Internet

You pay only $9.99 per Internet equity trade – market or limit. See how we compare. Whether it's 100 shares or 10,000 shares, you still pay only $9.99 per Internet equity trade!

Orders executed in multiple lots on the same trading day will be charged a single commission. When an order is partially executed over multiple trading days, the order is subject to a separate commission charge for each trading day.

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Stocks: Interactive Voice Response (IVR) Phone System

Place equity trades by our IVR Phone System and pay just $34.99 per trade. Compare our phone trading against the competition. You won't be disappointed.

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Stocks: Broker-Assisted

For only $44.99 per equity trade – market or limit - you can speak one-on-one with a licensed broker. Take a look at what the competition charges.

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Mutual Funds: Internet

If you invest in mutual funds, TD AMERITRADE is the place for you. We offer over 1,300 no-transaction-fee (NTF) mutual funds. Otherwise, you pay just $49.99 per trade - no matter how much you invest in a no-load fund.

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Mutual Funds: Interactive Voice Response (IVR) Phone System

We offer over 1,300 no-transaction-fee funds. Otherwise, you pay a flat commission of $49.99 per trade.

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Mutual Funds: Broker-Assisted

We offer over 1,300 no-transaction-fee funds. Otherwise, you can place mutual fund trades with the assistance of a licensed TD AMERITRADE broker. for just $49.99 per trade - no matter how much you invest in a no-load fund.

While Load Funds are not included in the comparison chart, TD AMERITRADE does not charge a commission on Load Fund trades. However, such funds are subject to fees charged by the Fund Family as detailed in the fund prospectus.

Before investing in a mutual fund, carefully consider the fund's investment objectives, risks, charges and expenses. For a prospectus containing this and other important information, contact the fund or contact a TD AMERITRADE Client Services representative.

Please note: No-transaction fee (NTF) funds (except ProFunds and Rydex) held 180 days or less are subject to a Short-Term Redemption fee, which is a flat fee of $49.99. This fee is in addition to any fees addressed in the fund's prospectus.

TD AMERITRADE receives remuneration from fund companies participating in its no-load, no-transaction-fee program for record-keeping and shareholder services, and other administrative services. The amount of TD AMERITRADE's remuneration for these services is based in part on the amount of investments in such funds by TD AMERITRADE clients. No-transaction-fee funds have other fees and expenses that apply to a continued investment in the fund and are described in the prospectus.

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Options: Internet

If you trade options, TD AMERITRADE is the place for you. You pay just $9.99 for an Internet options trade, plus $0.75 per contract. Compare our options commission structure to the competition. You'll appreciate the difference!

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Options: Interactive Voice Response (IVR) Phone System

Place options trades by our IVR Phone System and pay just $34.99 per trade, plus $0.75 per contract. Compare our phone trading against the competition. You won't be disappointed.

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Options: Broker-Assisted

Speak with a licensed broker to place your options trade for only $44.99 per trade plus $0.75 per contract.

Options involve risks and are not suitable for all investors.

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