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TD Ameritrade Mobile App Review
Over time, Stock Trading companies have realized the need to use advanced AI to enable stock traders to have the best trading experience on their platforms. Today, this is being achieved through applications that traders can easily access on their mobile devices.
TD Ameritrade Mobile App is one such stock trading app which offers various stock trading options for traders alongside great pricing.
It provides two applications in one that caters to both beginners and advanced stock traders. Usually, when you download the TD Ameritrade Mobile App, you automatically get access to the Think or Swim Mobile App. This is made possible through your TD Ameritrade brokerage account.
The Think or Swim Mobile App is an upgraded version of the basic TD Ameritrade Mobile App for advanced stock traders. On the other hand, the TD Ameritrade Mobile App is for stock trading beginners.
Features Overview
• Account Minimum: $0
• Stock Trades: $0
• Mutual Funds: $0
Fees
It offers $0 commission for online stock, ETF, and options trades. There is a 65 cent flat fee however per options contract, $25 for broker-assisted trades and $49.99 for no-load mutual funds.
Investment Types
You can invest on stocks, OTC/Penny Stocks, ETFs, Mutual Funds, Bonds, Options, Forex, Cryptocurrencies, and futures.
Accounts Types
Available account types include, Joint, Traditional IRA, Roth IRA, Rollover IRA, SEP-IRA, SIMPLE IRA, 401(k), Solo 401(k), Trusts, Limited Partnerships, Partnerships, Coverdell 529, Custodial, Non-Profit, Annuities, Checking, Savings, Money Market, and CDs.
Deployment
Web-Based, iPhone App, Apple Watch, Android App, and BlackBerry App.
Customer Support
Customer support is provided via phone call, text, live chat, and 24/7 email support.
How To Utilize TD Ameritrade Mobile App Features
TD Ameritrade Mobile App has so many features which you can take advantage of whether you are a pro at stock trading or a beginner.
Let's look at two of its features and what you can get from these features.
Accounts
With TD Ameritrade, you get access to a full-service brokerage. You can also make use of any accounts for your stock trading. These accounts include Individual, Joint Tenants WROS (With Rights of Survivorship), Traditional IRA, Roth IRA, Rollover IRA, Trust, UTMA/UGMA, etc.
These accounts are categorized under standard (taxable), retirement (tax-advantaged), education savings (tax-advantaged), businesses, and trusts.
Investment
Via the TD Ameritrade Mobile App, you can invest in bonds, mutual funds, stock, etc.
Some of the major investment categories TD Ameritrade Mobile App provides include Stocks, Options, Mutual Trade, ETF, and Forex.
Also, on TD Ameritrade Mobile App, you can access major global markets like the NASDAQ and NYSE, build complex multi-leg options trades, and execute options trades via its platforms. You can also buy and sell exchange-traded funds just like stocks via your TD Ameritrade brokerage account.
Another investment to take advantage of is Forex as the App supports 20 currencies which include: Euro, British pound, Swiss franc, Japanese yen, etc.
In conclusion, TD Ameritrade Mobile App is not only a perfect stock trading App but it is one of the best out there considering its features. It is easy to use and also has regularly updated tools and advanced AI features which improve users' experience. What more can you ask for?
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