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HomeInvestingTD Ameritrade Bonus: Earn Up to $2,500 for Opening a New Retirement...

TD Ameritrade Bonus: Earn Up to $2,500 for Opening a New Retirement or Brokerage Account

Get all the perks of a big brokerage with $0 commissions.

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Online brokerages are a dime a dozen, and it’s easier than ever to trade stocks, mutual funds and other securities. TD Ameritrade is one of the largest brokerage firms in the U.S., but its online platform is robust enough to be a top choice for novice and experienced investors alike.

Not only does TD Ameritrade offer a brokerage bonus for new accounts, but it also charges no commissions on trades.

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TD Ameritrade Bonus

The current new account bonus offered directly on the TD Ameritrade website is up to $2,500 when you open a new brokerage or retirement account by September 30, 2021 and meet qualifying deposit minimums.

BonusQualifying Deposit
Earn $350Deposit $250,000- $499,999
Earn $700Deposit $500,000- $999,999
Earn $1,500Deposit $1,000,000-$1,999,999
Earn $2,500Deposit $2,000,000 or more

It’s important to know that any bonus received during the calendar year will be included on your consolidated Form 1099.

TD Ameritrade

TD Ameritrade has been around since 1975, but despite recent competition from mobile-first brokerages like Robinhood and Acorns, the large brokerage firm has continued to be one of the most popular options for investors.

Account Types and Investment Products

TD Ameritrade offers several different account types, including:

  • Standard accounts for investing without a specific goal in mind
  • Retirement accounts
  • Education accounts, including 529 plans, Coverdell Education Savings Accounts and UGMA/UTMA accounts
  • Specialty accounts for trusts, pension plans, business partnerships and more

With those accounts, you can trade a wide variety of securities, much more than you can get with smaller brokerages. Options include:

  • Stocks
  • Mutual funds
  • Exchange-traded funds
  • Options
  • Futures
  • Forex
  • Cryptocurrency
  • Cash solutions
  • Bonds and other fixed-income securities
  • Annuities
  • Initial public offerings

Standard and speciality accounts also offer margin trading, which allows you to borrow up to 50% of a trade from TD Ameritrade to potentially increase your buying power.

Fees and Costs

All trades come with no commissions, which means no platform fees and no data fees. Also, there’s no minimum for how much you can buy or sell in a trade. The only exception is that there’s a $0.65 contract fee for options trades. While brokerages used to charge roughly $5-$10 on each trade, it’s now standard to waive that charge.

Use TD Ameritrade offer codes to find additional promotions and limited-time offers.

$0commission on online stock trades
$0commission on online exchange-traded funds (EFTs)
$0commission on online options trades
(contract fees now only $0.65, plus no assignment or exercise fee)

Finally, TD Ameritrade has no account minimums.

Financial Resources

TD Ameritrade provides research, data and educational resources, which the firm hopes will guide clients and help them make investment decisions. It also provides information that it claims helps people build efficient, diversified portfolios. What’s more, all of these resources are free to investors.

TD Ameritrade also provides customer support, and hundreds of physical branches around the U.S., where customers can get in-person service.

Bottom Line

TD Ameritrade is one of the biggest brokerages in America, but don’t let that scare you. The firm says it’s invested heavily in resources that it hopes makes investing easier for beginners, as well as more experienced investors.

Despite the platform’s $0 account minimum and $0 trade commissions, as with any financial decision, it’s important to compare several brokerage firms when choosing an investing platform. Take some time to research and compare other online brokerages.

While we work hard on our research, we do not always provide a complete listing of all available offers from credit-card companies and banks. And because offers can change, we cannot guarantee that our information will always be up to date, so we encourage you to verify all the terms and conditions of any financial product before you apply.

Lee Huffman
Lee Huffman spent 18 years in banking and investments and now uses that insider knowledge to write about credit cards, travel, and other personal finance topics. Lee enjoys showing people how to travel more, spend less, and live better through the power of travel rewards. You can connect with him at BaldThoughts.com.