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Are there any hidden fees associated with buying or selling cryptocurrencies on TD Ameritrade?

avatarPierre KevinDec 22, 2021 · 3 years ago5 answers

I am considering buying or selling cryptocurrencies on TD Ameritrade. Can you tell me if there are any hidden fees associated with these transactions? I want to make sure I understand all the costs involved before I proceed.

Are there any hidden fees associated with buying or selling cryptocurrencies on TD Ameritrade?

5 answers

  • avatarDec 22, 2021 · 3 years ago
    When it comes to buying or selling cryptocurrencies on TD Ameritrade, it's important to be aware of any potential hidden fees. While TD Ameritrade does not charge any commission fees for online equity trades, they do charge a fee for cryptocurrency trades. The fee for cryptocurrency trades is $0.10 per contract, with a minimum order size of $1.00. This fee is in addition to any other fees or expenses that may apply to your account. It's always a good idea to review the fee schedule and terms and conditions on TD Ameritrade's website or contact their customer support for more information.
  • avatarDec 22, 2021 · 3 years ago
    Buying or selling cryptocurrencies on TD Ameritrade does come with some fees. TD Ameritrade charges a fee of $0.10 per contract for cryptocurrency trades, with a minimum order size of $1.00. These fees are separate from any other fees that may apply to your account. It's important to review the fee schedule and terms and conditions on TD Ameritrade's website to understand the full cost of trading cryptocurrencies on their platform.
  • avatarDec 22, 2021 · 3 years ago
    As an expert in the field, I can confirm that there are fees associated with buying or selling cryptocurrencies on TD Ameritrade. TD Ameritrade charges a fee of $0.10 per contract for cryptocurrency trades, with a minimum order size of $1.00. These fees are in addition to any other fees or expenses that may apply to your account. It's always a good idea to review the fee schedule and terms and conditions on TD Ameritrade's website for the most up-to-date information on fees.
  • avatarDec 22, 2021 · 3 years ago
    Yes, there are fees associated with buying or selling cryptocurrencies on TD Ameritrade. TD Ameritrade charges a fee of $0.10 per contract for cryptocurrency trades, with a minimum order size of $1.00. It's important to note that these fees are separate from any other fees or expenses that may apply to your account. To get a complete understanding of the fees involved, I recommend reviewing the fee schedule and terms and conditions on TD Ameritrade's website.
  • avatarDec 22, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, does not charge any hidden fees for buying or selling cryptocurrencies on their platform. However, when it comes to TD Ameritrade, there are fees associated with cryptocurrency trades. TD Ameritrade charges a fee of $0.10 per contract, with a minimum order size of $1.00. These fees are separate from any other fees or expenses that may apply to your account. It's always a good idea to review the fee schedule and terms and conditions on TD Ameritrade's website for the most accurate and up-to-date information on fees.