These trademark holders are not affiliated with and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses or any of its reviews, products, or services. The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (are the property of their respective owners and the owners retain all legal rights therein. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page. The staff is constantly working with its online broker representatives to obtain the latest data. All data was obtained from a published website as of and is believed to be accurate, but is not guaranteed. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. With over 70 currency pairs to trade alongside a plethora of tools, research, and education, TD Ameritrade's thinkorswim platform provides U.S.-based forex traders the ultimate trading technology experience. holds fewer regulatory licenses and offers a narrower range of markets than some of the best brokers, but still significantly outperforms the industry average. TD Ameritrade FX is authorised by the following tier-1 regulators: Investment Industry Regulatory Organization of Canada (IIROC), Securities Futures Commission (SFC), Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC).Ĭ stands out for its quality research, strong educational content, and innovative web platform. TD Ameritrade FX is publicly-traded, does operate a bank, and is authorised by five tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). is authorised by two tier-1 regulators (high trust) and one tier-2 regulator (average trust). Forex pairs aside, offers traders access to 4056 CFDs while TD Ameritrade has N/A available CFDs, a difference of 4,056.Ĭ is not publicly traded and does not operate a bank. How many forex pairs and CFDs are available to trade?Ĭ provides traders 138 currency pairs (e.g., EUR/USD) compared to TD Ameritrade's 73 available pairs. offers MetaTrader 4 (MT4), while TD Ameritrade does not. Copy trading is not offered by either broker. Finally, we found TD Ameritrade to provide better mobile trading apps.įor forex and CFDs traders, copy trading and MetaTrader are both popular platform options. With research, TD Ameritrade offers superior market research. For trading tools, TD Ameritrade offers a better experience. To compare the trading platforms of both and TD Ameritrade, we tested each broker's trading tools, research capabilities, and mobile apps. Which trading platform is better: or TD Ameritrade?
In our analysis of 23 international regulators across 50 brokers, TD Ameritrade earned a higher Trust Score than. holds 1 global Tier-2 licenses, while TD Ameritrade holds 0. TD Ameritrade holds 5 global Tier-1 licenses, while holds 2. Is or TD Ameritrade safer for forex and CFDs trading?Īt, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Based on our thorough annual assessment, TD Ameritrade offers better pricing overall for traders.
Not every broker publishes average spreads data, and pricing structures vary. Let's compare vs TD Ameritrade.ĭoes or TD Ameritrade offer lower pricing?Ĭomparing the trading costs of forex and CFDs is not easy. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker.
Comparing forex brokers side by side is no easy task.