TD Ameritrade vs Forex.com

TD Ameritrade vs Forex.com Comparison Table 2023
TD Ameritrade Forex.com
4

TD Ameritrade is #34 in our broker rankings.

4.5

Forex.com is #1 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

One of the largest discount brokers in the US, with a fixed trading commission and access to a large array of trading products and securities.

Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.

Comment by Reviewer
"Forex.com is excellent for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."
Pros
  • Low minimum deposit
  • Good execution speed
  • Full range of instruments
  • Strong regulation
  • Demo account
  • Top-rated forex and CFD broker
  • The broker’s parent company, StoneX, is listed on the NASDAQ
  • Thousands of assets are available from currencies to stocks, indices and commodities
  • Leading trading tools, including Trading Central, SMART Signals and MetaTrader 4
  • Multiple account currencies including USD, EUR and GBP
  • Industry-leading pricing on popular forex assets
  • Up to 15% cashback rebates for active traders
  • VPS hosting for automated strategies
  • Free demo account for beginners
  • Fast order execution speed
  • TradingView integration
  • Low minimum deposit
Cons
  • No copy trading
  • Few payment methods
  • No MetaTrader 4 integration
  • $15 inactivity fee
  • No copy trading tool
  • Tools and platform access varies between countries
Awards
  • Best Broker for Beginners 2022 - Investopedia Best Online Broker Awards
  • Best Online Broker for Stock Trading Platform and Research 2022 - NerdWallet's Best-Of Awards
  • #1 Platform & Tools, #1 Active Trading, #1 Options Trading, #1 Customer Service, and #1 Phone Support 2022 - StockBrokers.com Online Broker Review
  • Best CFD Broker 2022 - Rankia
  • Best HNW Service 2022 - Dubai Forex Expo
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
Instruments
Stocks, Futures, E-minis, Options, Forex, Crypto, ETFs, Volatility Index Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
None $1
Regulator
SEC, FINRA, CFTC CySEC, IIROC, NFA, CFTC, FCA, CIMA
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
Yes Yes
eSignal
Yes Yes
Trading Central
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
Yes No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes - Auto trading available via bots Automated trading supported through platforms (MT4)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes SMART Signals
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
None $15
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Go long and short on a range of popular financial markets with intuitive platforms and reliable execution. 99.76% of trades are executed in less than a second with an average speed of 0.02 seconds.
Leverage
1:200
FTSE Spread
1 pt
GBPUSD Spread
1.0 Var
Oil Spread
0.04 Var
Stocks Spread
0.1% (Min Commission Applies)
Forex Trading
Trade 75+ major and minor currency pairs with floating spreads. Forex.com is a leading FX broker. The brand offers a huge range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.2 with a $5 commission per $100k.
Forex App

TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

GBPUSD Spread
Variable 1.0 Var
EURUSD Spread
Variable 0.8 Var
EURGBP Spread
Variable 0.8 Var
Assets
75+ 80+
Cryptocurrency
Invest in cryptocurrency via OTC Trusts, ETFs, mutual funds and Bitcoin futures Trade major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet is required, just a trading account. Cryptos are not available in the US, UK or Canada.
Spread
Commission fees apply BTC 1.4%, ETH 2%
Coins
  • BTC
  • ETH
  • MBT
  • MET
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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