TD Ameritrade Cuts Pricing To $6.95 For Online Equity Trades

TD Ameritrade Hold Corporation (NASDAQ: AMTD) has helped millions of investors from all around the world. During the month of January, the company experienced an average of 521,000 client trades each day. Until recently, clients of TD Ameritrade were required to pay $9.99 for commission on equity and ETF trades. On February the 28th, the company announced that their commissions prices would be lowered by more than $3. The company will now charge $6.95 for online equity and ETF trade commissions. For options, the pricing will now be $6.95 plus $0.75 per contract.

These changes will go into effect on March the 6th. These rates will be valid for retail investors and the company’s independent registered investment advisor clients. To learn more about TD Ameritrade’s new commission price, be sure to check out their press release here.