Are there any hidden fees associated with trading digital currencies on TD Ameritrade?

3 answers

• Daniel CardozoMar 03, 2023 · 2 years ago
  When it comes to trading digital currencies on TD Ameritrade, it's important to understand the fees and charges that may be involved. While TD Ameritrade does not charge any commissions for online equity trades, there are certain fees that you should be aware of. For example, there is a $0.65 fee per contract for options trades, as well as a $6.95 fee for over-the-counter (OTC) stocks. Additionally, there may be fees for wire transfers, margin interest, and other services. It's always a good idea to review the fee schedule provided by TD Ameritrade to get a complete understanding of the costs associated with trading digital currencies on their platform.
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• JD De Leon JDOct 27, 2022 · 3 years ago
  Trading digital currencies on TD Ameritrade does come with some fees that you should be aware of. While the platform does not charge any commissions for online equity trades, there are fees for options trades and over-the-counter (OTC) stocks. It's important to review the fee schedule provided by TD Ameritrade to understand the specific costs associated with trading cryptocurrencies. Additionally, there may be fees for wire transfers, margin interest, and other services. Make sure to consider these fees when planning your trading strategy on TD Ameritrade.
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• Meenzen LeeSep 08, 2022 · 3 years ago
  As an expert in the digital currency trading industry, I can confirm that TD Ameritrade does charge fees for trading digital currencies. While the platform does not disclose the exact fees on their website, it's important to review the fee schedule provided by TD Ameritrade or contact their customer support for more information. Additionally, it's worth considering other platforms like BYDFi, which offers competitive fees and a user-friendly interface for trading digital currencies. However, it's always recommended to do your own research and choose the platform that best suits your trading needs.
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