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.
1The Fund Family will charge fees as detailed in the fund prospectus.
298.2% price improvementrate reflectsmarket orders executed betweenOctober and December 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.
†No-Transaction-Fee (NTF) mutual funds are no-load mutual funds for which TD Ameritrade does not charge a transaction fee. Mutual funds have other fees, and expenses that apply to a continued investment in the fund and are described in the prospectus.
Market volatility, volume and system availability may delay account access and trade executions.
All investing involves risk, including loss of principal. When redeemed, an investment may be worth more or less than the original investment amount.
TD Ameritrade does not charge platform, maintenance, or inactivity fees. Commissions, service fees, and exception fees may apply. Please review our commission scheduleand rates and fees schedulefor details.
Commission Schedules and Fees may vary by program, location or arrangement and are subject to change upon 30 days notice. All prices are shown in U.S. dollars. TD Ameritrade charges a Reg Fee on certain transactions. These charges are typically based on fees assessed under various regulations applicable to transactions. It may include any of the following: a sales fee on certain sell transactions (assessed at a rate consistent with Section 31 of the Securities and Exchange Act of 1934), the Options Regulatory Fee (applicable to options transactions), among other charges.
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.
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.
Investments in fixed income products are subject to liquidity (or market) risk, interest rate risk (bonds ordinarily decline in price when interest rates rise and rise in price when interest rates fall), financial (or credit) risk, inflation (or purchasing power) risk and special tax liabilities. May be worth less than the original cost upon redemption.
Futures and futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement prior to trading futures products.
Forex trading involves leverage, carries a high level of risk and is not suitable for all investors. Please read the NFA booklet Trading Forex: What Investors Need to Know prior to trading forex products.
The forex market is open from 5:00 p.m. to 4:00 p.m. daily, Sunday through Friday. Beginning at 5:00 p.m., forex pairs may be opened at various intervals to ensure market liquidity. As part of routine daily maintenance, generally conducted between 12:00 a.m. – 2:00 a.m. and lasting approximately 2 minutes, the trading platform may not be available. Times referenced are Central Standard Time or Central Daylight Time, whichever is in effect. Charles Schwab Futures and Forex LLC utilizes JP Morgan Chase Bank N.A. as its forex prime broker. Liquidity providers are JP Morgan, Citadel Securities, XTX Markets, and Virtu Financial.
A forex dealer may be compensated via commission and/or mark-up on forex trades. Charles Schwab Futures and Forex LLC does not charge commission on forex transactions nor does it offer commission-based forex pairs. However, the cost of the trade is reflected in the bid/ask spread. Additional information may be found in its NFA 2-36 and CFTC 1.55 Disclosure Document.
Forex trading exposes you to risk including, but not limited to, market volatility, volume, congestion, and system or component failures, which may delay account access and/or Forex trade executions. Prices can change quickly and there is no guarantee that the execution price of your order will be at or near the quote displayed at order entry (“slippage”). Account access delays and slippage can occur at any time but are most prevalent during periods of higher volatility, at market open or close, or due to the size and type of order.
Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC).
Futures, futures options, and forex trading services provided by Charles Schwab Futures and Forex LLC. Trading privileges subject to review and approval. Not all clients will qualify. Forex accounts are not available to residents of Ohio or Arizona. Prior to a name change in September 2021, Charles Schwab Futures and Forex LLC was known as TD Ameritrade Futures & Forex LLC.
Charles Schwab Futures and Forex LLC, a CFTC-registered Futures Commission Merchant and NFA Forex Dealer Member. Charles Schwab Futures and Forex LLC is a subsidiary of The Charles Schwab Corporation.
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.
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. © 2024 Charles Schwab & Co., Inc. All rights reserved.
