MetaTrader vs TD Ameritrade

Struggling to choose between MetaTrader and TD Ameritrade? Both products offer unique advantages, making it a tough decision.

MetaTrader is a Finance solution with tags like forex, stocks, technical-analysis, charting.

It boasts features such as Advanced charting tools, Algorithmic trading, Backtesting capabilities, Expert Advisors (EAs), Virtual Private Servers (VPS) and pros including User-friendly interface, Wide range of technical indicators, Supports automated trading, Available on desktop, web, and mobile.

On the other hand, TD Ameritrade is a Business & Commerce product tagged with brokerage, stocks, options, etfs, mutual-funds, futures, forex, bonds.

Its standout features include Comprehensive investment options (stocks, options, ETFs, mutual funds, futures, forex, bonds, etc.), Advanced trading platforms (thinkorswim, web-based, mobile), Extensive research and analysis tools, Educational resources and investor education, 24/5 customer service, Robust security and account protection measures, Margin trading and short-selling capabilities, Retirement planning and investment management services, and it shines with pros like Wide range of investment products and services, Powerful trading platforms with advanced features, Extensive research and educational resources, 24/7 customer support, Strong reputation and financial stability.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

MetaTrader

MetaTrader

MetaTrader is a popular trading platform used for online trading in the forex, CFDs, futures, and stock markets. It offers advanced charting tools, backtesting capabilities, algorithmic trading, Virtual Private Servers (VPS), and Expert Advisors (EAs).

Categories:
forex stocks technical-analysis charting

MetaTrader Features

  1. Advanced charting tools
  2. Algorithmic trading
  3. Backtesting capabilities
  4. Expert Advisors (EAs)
  5. Virtual Private Servers (VPS)

Pricing

  • Free
  • Subscription-Based

Pros

User-friendly interface

Wide range of technical indicators

Supports automated trading

Available on desktop, web, and mobile

Cons

Only works with brokers that support MetaTrader

Limited customization options

Less securities available compared to other platforms


TD Ameritrade

TD Ameritrade

TD Ameritrade is an online brokerage firm that offers investing and trading services, including stocks, options, ETFs, mutual funds, futures, forex, bonds, and more. It has $1.7 trillion in client assets and offers advanced platforms, research tools, education, and 24/5 customer service.

Categories:
brokerage stocks options etfs mutual-funds futures forex bonds

TD Ameritrade Features

  1. Comprehensive investment options (stocks, options, ETFs, mutual funds, futures, forex, bonds, etc.)
  2. Advanced trading platforms (thinkorswim, web-based, mobile)
  3. Extensive research and analysis tools
  4. Educational resources and investor education
  5. 24/5 customer service
  6. Robust security and account protection measures
  7. Margin trading and short-selling capabilities
  8. Retirement planning and investment management services

Pricing

  • Subscription-Based

Pros

Wide range of investment products and services

Powerful trading platforms with advanced features

Extensive research and educational resources

24/7 customer support

Strong reputation and financial stability

Cons

Relatively high commissions and fees compared to some competitors

Complex platform setup and learning curve for new users

Limited customization options for some trading tools

Limited international trading capabilities