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What are the fees associated with using a cash account on TD Ameritrade for buying and selling cryptocurrencies?

Goodman HovgaardMay 11, 2022 · 3 years ago1 answers

Can you provide a breakdown of the fees that are associated with using a cash account on TD Ameritrade for buying and selling cryptocurrencies? I am interested in knowing the specific charges involved in these transactions.

1 answers

  • May 11, 2022 · 3 years ago
    When using a cash account on TD Ameritrade for buying and selling cryptocurrencies, you'll encounter certain fees. The commission fee for each trade is $6.95, and this fee is applicable to both buying and selling transactions. Additionally, there may be regulatory fees imposed by the SEC, which are typically a small percentage of the transaction amount. It's important to stay informed about the latest fee schedule by visiting TD Ameritrade's website or contacting their customer support for accurate and updated information. Please note that fees may vary and it's advisable to confirm the details before making any transactions.