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What are the fees involved when buying crypto on TD Ameritrade?

avatarRatevyraDec 22, 2021 · 3 years ago3 answers

Can you provide a breakdown of the fees associated with purchasing cryptocurrencies on TD Ameritrade?

What are the fees involved when buying crypto on TD Ameritrade?

3 answers

  • avatarDec 22, 2021 · 3 years ago
    When buying crypto on TD Ameritrade, you may encounter several fees. Firstly, there might be a commission fee for each trade you make. Additionally, there could be a spread, which is the difference between the buy and sell price of a cryptocurrency. It's important to note that these fees can vary depending on the specific cryptocurrency you are trading. It's recommended to check TD Ameritrade's fee schedule for the most accurate and up-to-date information.
  • avatarDec 22, 2021 · 3 years ago
    Purchasing cryptocurrencies on TD Ameritrade involves fees that you need to be aware of. These fees typically include a commission fee, which is a percentage of the total trade value. Additionally, there might be a spread fee, which is the difference between the bid and ask price. It's advisable to review TD Ameritrade's fee structure to understand the exact fees associated with buying crypto on their platform.
  • avatarDec 22, 2021 · 3 years ago
    When it comes to buying crypto on TD Ameritrade, it's important to consider the fees involved. TD Ameritrade charges a commission fee for each cryptocurrency trade, which can vary depending on the specific cryptocurrency and the size of your trade. Additionally, there might be a spread fee, which is the difference between the buy and sell price. It's recommended to review TD Ameritrade's fee schedule to get a clear understanding of the fees you'll encounter when buying crypto on their platform. Please note that fees can change over time, so it's always a good idea to stay updated with the latest information.