Carefully consider the investment objectives, risks, charges and expenses before investing. A prospectus, obtained by calling 800-669-3900, contains this and other important information about an investment company. Read carefully before investing.
Commissions, service fees, and exception fees may apply. Please review our commissionand feesfor details.
Access to real-time data is subject to acceptance of the exchange agreements. Professional access and fees differ. For details, see ourcommissions and fees.
Diversification does not eliminate the risk of experiencing investment losses.
Trades executed in multiple market lots on the same trading day are charged a single commission. Trades partially executed over multiple trading days are subject to commission charges for each tradingday.
Trading non-marginable securities may be subject tofunding restrictions.
Morningstar Research Services LLC. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar Research Services LLC is a registered investment adviser and subsidiary of Morningstar, Inc. The information, data, and opinions contained herein include proprietary information of Morningstar Research Services and may not be copied or redistributed for any purpose.
The universe of mutual funds defined by TD Ameritrade and the Premier List selected by Morningstar Research Services are subject to change at any time without notice. Particular mutual funds on the Premier List may not be appropriate investments for you under your circ*mstances, and there may be other mutual funds, ETFs, or other investment options offered by TD Ameritrade that are more suitable. Morningstar Research Services may have more favorable opinions of certain mutual funds which are not included in the universe of mutual funds made available through TD Ameritrade. The Morningstar Research Services selections were based on qualitative factors and quantitative analysis in addition to the judgment of Morningstar Research Services’ Manager Selection team.
Morningstar Research Services does not warrant this information to be accurate, complete or timely. Morningstar Research Services is not responsible for any damages or losses arising from the use of this information and is not acting in the capacity of adviser to individual investors. Past performance is no guarantee of future results.
Morningstar Research Services is not affiliated with TD Ameritrade or its affiliates.
TD Ameritrade was evaluated against 14 other online brokers in the 2022 StockBrokers.com Online Broker Review. The firm was rated #1 in the categories "Platforms & Tools" (11 years in a row), "Desktop Trading Platform: thinkorswim®" (10 years in a row), "Active Trading" (2 years in a row), "Options Trading," "Customer Service," and "Phone Support." TD Ameritrade was also rated Best in Class (within the top 5) for "Overall Broker" (12 years in a row), "Education" (11 years in a row), "Commissions & Fees" (2 years in a row), "Offering of Investments" (8 years in a row), "Beginners" (10 years in a row), "Mobile Trading Apps" (10 years in a row), "Ease of Use" (6 years in a row), "IRA Accounts" (3 years in a row), "Futures Trading" (3 years in a row), and "Research" (11 years in a row).Read the full article.
*ETFs are subject to risk similar to those of their underlying securities, including, but not limited to, market, investment, sector, or industry risks, and those regarding short-selling and margin account maintenance. Some ETFs may involve international risk, currency risk, commodity risk, leverage risk, credit risk, and interest rate risk. Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, small-capitalization securities, and commodities. Each individual investor should consider these risks carefully before investing in a particular security or strategy. Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).
Information provided by TD Ameritrade, including without limitation that related to the ETF Market Center, is for general educational and informational purposes only and should not be considered a recommendation or investment advice.
TD Ameritrade receives remuneration from certain ETFs for shareholder, administrative and/or other services.
No Margin for 30 Days. Certain ETFs purchased will not be immediately marginable at TD Ameritrade through the first 30 days from settlement. For the purposes of calculation the day of settlement is considered Day 1.
Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TDAmeritrade review and approval.Please readCharacteristics and Risks of Standardized Optionsbefore trading options.
The risk of loss in trading forex can be substantial. Clients must consider all relevant risk factors, including their own personal financial situation, before trading.
Taxes related to TD Ameritrade offers are your responsibility. All Promotional items and cash received during the calendar year will be included on your consolidated Form 1099. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules.
198.6% price improvementrate reflectsmarket orders executed betweenJuly and September 2023 in exchange-listed stocksless than 2,000shares in size, representing the vast majority of ourclients' market orders.Statistics provided by S3 Matching Technologies, which is not affiliated with TD Ameritrade.
Price improvement is not guaranteed. Price improvement percentage is calculated by dividing executed market orders receiving price(s) better than the National Best Bid and Offer (NBBO) at the time of order routing by the total number of orders executed. Price improvement savings is the difference between the order execution price and the NBBO at the time of order routing, multiplied by executed shares.
Research provided by unaffiliated third-party sources. TD Ameritrade is not responsible for the products, services and policies of any third party.
All investments involve risks, including the loss of principal invested. Past performance of a security does not guarantee future results or success.
Market volatility, volume and system availability may delay account access and trade executions.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
TD Ameritrade, Inc., memberFINRA/SIPC, 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. © 2023 Charles Schwab & Co., Inc. All rights reserved.
That's quite a comprehensive text, delving into various aspects of investment, risk, fees, and considerations related to brokerage services. The content touches on several essential concepts in the investment realm:
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Investment Objectives & Risks: The passage emphasizes the importance of thoroughly understanding investment objectives, risks, charges, and expenses before investing. It stresses the need to obtain a prospectus that contains crucial information about an investment company.
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Fees and Charges: It mentions various fees that may apply, such as commissions, service fees, exception fees, and the need for investors to review the commission and fee structures carefully.
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Access to Information: Real-time data access is conditional upon accepting exchange agreements, and different levels of access might involve varying professional fees.
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Diversification and Risk Management: The warning that diversification doesn't entirely eliminate the risk of investment losses is highlighted, indicating the importance of a well-diversified portfolio.
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Morningstar Research Services & Mutual Funds: It references Morningstar Research Services, emphasizing their role in analyzing and selecting mutual funds, cautioning investors that not all funds may suit their circ*mstances. It also mentions qualitative and quantitative factors used in the selection process.
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Brokerage Rankings & Evaluation: The text cites evaluations where TD Ameritrade is ranked highly across various categories like platforms/tools, customer service, commissions/fees, education, and others in comparison to other online brokers.
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ETFs and Associated Risks: ETFs (Exchange-Traded Funds) are highlighted as subject to risks like market, investment, sector, and international risks, among others. The warning also extends to the potential effects of market volatility on investment returns.
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Options Trading, Forex, and Tax Considerations: The passage cautions about the risks associated with options trading and forex, advising investors to consider their financial situation. It also mentions the responsibility of investors regarding taxes and Form 1099.
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Order Execution and Price Improvement: Statistics about price improvement rates in executing market orders, along with the disclaimer that price improvement isn't guaranteed, are included.
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Legal and Regulatory Compliance: A note is included about not offering or soliciting services in jurisdictions where the business isn't authorized, emphasizing compliance with local laws and regulations.
Given the depth and breadth of information in the text, it covers a spectrum of investment-related topics, from risk assessment to brokerage evaluations, and underlines the importance of due diligence and informed decision-making for investors.
