What are the fees associated with using TD Ameritrade for cryptocurrency investments?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure! When it comes to using TD Ameritrade for cryptocurrency investments, there are a few fees to consider. Firstly, TD Ameritrade charges a commission fee of $6.95 per online trade for stocks, ETFs, and options. However, for cryptocurrency trading, TD Ameritrade does not charge any commission fees. Instead, they make money through the spread, which is the difference between the buy and sell prices. This means that the fees associated with cryptocurrency investments on TD Ameritrade are built into the buy and sell prices, and you won't see a separate fee on your transaction history. It's important to note that the spread can vary depending on market conditions and the specific cryptocurrency you're trading. So, while there are no explicit commission fees, you should consider the spread when calculating the overall cost of your cryptocurrency investments on TD Ameritrade.
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• Dec 28, 2021 · 3 years ago
  Hey there! If you're wondering about the fees for using TD Ameritrade for cryptocurrency investments, I've got you covered. Unlike traditional stock and ETF trades, TD Ameritrade doesn't charge any commission fees for cryptocurrency trading. Instead, they make money through the spread, which is the difference between the buy and sell prices. This means that the fees are already included in the prices you see when buying or selling cryptocurrencies on TD Ameritrade. It's important to keep in mind that the spread can vary depending on market conditions and the specific cryptocurrency you're trading. So, while there are no explicit fees, you should consider the spread as part of your overall cost when investing in cryptocurrencies on TD Ameritrade.
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• Dec 28, 2021 · 3 years ago
  Certainly! When it comes to fees associated with using TD Ameritrade for cryptocurrency investments, it's important to note that TD Ameritrade itself does not charge any commission fees for cryptocurrency trading. Instead, they make money through the spread, which is the difference between the buy and sell prices. This means that the fees are already factored into the prices you see when trading cryptocurrencies on TD Ameritrade. However, it's worth mentioning that the spread can vary depending on market conditions and the specific cryptocurrency you're trading. So, while there are no explicit fees, it's important to consider the spread as part of your overall cost when investing in cryptocurrencies on TD Ameritrade.
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