Is TD Ameritrade Commission Free Now? | Why is TD Ameritrade Commission Free now?
Channel: Wealth Giants with Ryan
Date: 2019-10-03

Is TD Ameritrade Commission Free now? | Why is TD Ameritrade Commission Free now? Commission Free Stock Trading 2019!

I dived deep into why TD Ameritrade dropped its commission to free. What I was expecting was they felt like they needed to compete more strongly with Robinhood. What I found was they were trying to match other companies that are just as large as them. 
These other companies, among possible more, dropping their rates include Charles Schwab and ETrade Financial.

This is also impacting their stock price making people ask why is TD Ameritrade's stock price dropping among all the rest.

Hope this helps Wealth Giants,

Ryan

Intro Credit to ONdraid from panzoid

links to the websites used: 

https://www.marketwatch.com/story/etrade-ameritrade-interactive-brokers-plummet-as-schwab-drops-trading-commissions-2019-10-01

https://www.barrons.com/articles/schwabs-move-to-end-trading-commissions-could-slash-td-ameritrade-and-e-trade-earnings-51569966611

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