Broker comparison between TD Ameritrade vs Tradeview
Do you want to figure out which is the better broker, td-ameritrade or tradeview?
In the following table, you can compare the features of td-ameritrade and tradeview side by side to determine the best fit for your trading needs.
Which broker is more reliable?
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction.
2.Does td-ameritrade or tradeview have a lower transaction costs and fees?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we believe that td-ameritrade and tradeview are both reliable. We analyze the reasons as following:
Forex broker introduction
General Information & Regulation
TD Ameritrade Hong Kong Ltd. is registered with the Securities and Futures Commission (CE number BJO462) to carry out the regulated activities of dealing in securities and dealing in futures contracts and does not provide tax, legal or investment advice or recommendations. TD Ameritrade in Hong Kong enables retail investors to trade the U.S. markets by providing access to cutting edge trading technology, discount commission rates, free education, and outstanding customer service. TD Ameritrade, Inc., member FINRA/SIPC, and a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.
On 28 February 2022, TD Ameritrade Hong Kong will close and will no longer maintain accounts.
TD Ameritrade clients can trade a wide variety of assets on the web platform as well as the mobile apps. This includes exchanged-traded funds (ETFs), stocks, options, futures, and cryptocurrency.
TD Ameritrade offers two brokerage account: Individual, and Joint Account. The individual account include the Margin account and Cash account. The minimum initial deposit to open a margin account is 2000USD, while the Cash account requires no minimum deposit.
Stocks & ETFs
Trade unlimited shares for $0.00 per trade. Note: $0 commission applies to U.S. exchange-listed stocks and ETFs. A USD$6.95 commission applies to online trades of over-the-counter (OTC) stocks.
USD$0.65 per contract, with no ticket charge, exercise or assignment fees. Option fees are waived when you buy to close any short individual or single leg option for USD$0.05 or less.
Futures & Futures Options
USD$2.25 per contract (plus exchange & regulatory fees).
Exchange and Regulatory Fees
Exchange fees vary by exchange and by product. Please visit the appropriate exchange for a list of the associated fees. Please note, the National Futures Association (NFA) also charges a fee of USD$0.01 per contract.
TD Ameritrade offers margin accounts to help provide clients with leverage.
Trading Platform Available
TD Ameritrade offers traders thinkorswim trading platform, available in Desktop, Web and Mobile devices.
TD Ameritrade allows clients to fund their account with FPS transfers, a cheque deposit, telegraphic transfer (international wire), or through an account transfer from another broker (ACAT). All deposits must be made in U.S dollars.
TD Ameritrade offers an average customer support, and they can be contacted through email: email@example.com, as well as some social media platform including Facebook, Instagram, and Youtube.
General Information & Regulation
Tradeview is an established online ECN broker based in the Cayman Islands, founded in 2004. Tradeview Ltd is authorized and regulated by the Cayman Islands Monetary Authority (CIMA) under license number 585163 and the Malta Financial Services Authority (MFSA), with regulatory license number MB/19/0037. However, the license authorized by the CIMA is just a general financial license, not the forex retail license, which means this broker cannot conduct forex trading realted activities under this license.
Tradeview currently offers investors trading in Forex instruments, Indices CFDs, Commodities, and Cryptocurrencies.
There are two trading account options available at Tradeview: the X leverage account and the Innovative Liquidity Connector account. The minimum deposit to open a X leverage account is $100, which sounds quite reasonable for most regular traders to have a try.
As with spreads and commission conditions, leverage also differs for each account. For ILC (Innovative Liquidity Connector ) accounts, the maximum trading leverage is 1:100 while on X Leverage accounts, it is up to 1:400. The minimum trade size is 0.1 lots on the ILC account and 0.01 lots on the X leverage account
Spreads & Commissions
Forex main spreads: 0.0 pips for EURUSD, 0.1 pips for GBPUSD and 0.1 pips for CAD. The lowest spread for gold is 0.09 pips, and the lowest spread for silver is 0.18 pips. The minimum spread for Bitcoin is 4.7 pips. Standard accounts are charged spreads as commission, and ECN accounts are charged a commission of $5 per lot.
Traders are free to choose from four different trading platforms, Metatrader 4, Metatrader 5, cTrader, and Currenex, depending on their trading experience and trading needs.
Deposit and withdrawal
Tradeview supports bank wire transfers, credit cards, UnionPay, Skrill, NETELLER, STICPAY, ecoPayz, and many other deposit and withdrawal methods.
The Tradeview customer service desk is available 24/5 on instant web chat. Traders can also fill the 'contact us' form and the support team will respond by email. Support can also be received through emails and telephone. On social media, they are on Facebook, Twitter, LinkedIn and Instagram.
Does td-ameritrade or tradeview have a lower transaction costs and fees?
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive td-ameritrade and tradeview are, we first considered common fees for standard accounts. On td-ameritrade, the average spread for the EUR/USD currency pair is -- pips, while on tradeview the spread is From 0 PIPS.
Which broker is safer, td-ameritrade or tradeview?
To determine the safety of a forex brokers, our experts take various factors into consideration in a multi-dimensional manner. This includes which regulatory licenses the forex trader holds and how reputable those licenses are. We also consider the history of a forex dealer, as long-standing dealers are usually more reliable and trustworthy than newer start-ups. td-ameritrade is regulated by SFC. tradeview is regulated by LFSA,CIMA.
Which broker provides better trading platform, td-ameritrade or tradeview?
When our experts review a broker, they usually open real trading accounts and trade through the broker's trading platform. This gives us a better overall assessment of the quality of the platform, the ease of use and the features it offers. td-ameritrade Available trading platforms include --, tradable financial instruments include Innovative Liquidity Connector、X Leverage Account tradeview works/provides -- trading platform, trading instruments Innovative Liquidity Connector、X Leverage Account