2019 TD Ameritrade fees for stock selling trades. How to buy and sell stocks. TD Ameritrade commission cost on buy stock orders on NYSE and NASDAQ exchanges.

TD Ameritrade Fee For Buying Stock

TD Ameritrade charges the same flat commission of $6.95 per stock or ETF trade, regardless of whether you are buying or selling stocks, and you are only charged for orders that are fully executed.

We should, however, note that if your order is only partially filled (i.e. you place an order to sell 100 shares, but only 20 actually get sold) and you edit the partial order that remains open Ameritrade will view the edited partial order as a brand-new order and will charge you another commission if/when it is executed.

We will also point out that TD Ameritrade offers many ETFs with $0 commissions, however if you sell one of these commission-free ETFs within a month, you will be charged a $13.90 short-term trading fee.

TD Ameritrade Fee For Selling Stock

TD Ameritrade charges $6.95 fee for selling any stock or ETF (except for $0 commission ETFs). Unlike many other online brokers, there is no surcharge to to trade penny stocks, large amount of shares as well as to trade during extended hours. Learn more in TD Ameritrade Review »

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Stock Trading on TD Ameritrade for Beginners

So, you’re new to investing and just made your first deposit to your TD Ameritrade brokerage account and are wondering how to place a trade. This article will walk you through how to buy and sell stocks and ETFs on your TD Ameritrade account step by step and go over the commissions they will charge you.

Buying stocks and ETFs on TD Ameritrade is easy, and we’re going to walk you through this process with a basic example on their website. Let’s say a friend gave us a great stock tip, we’ve done our research, and we want to take a small position in this company called Novocure Ltd. (NVCR). After logging into your account, use the symbol lookup box to type in the ticker (NVCR) and hit enter to bring up the company’s stock profile, as shown in the image below.


TD Ameritrade Stock Profile


The stock profile tells us all the relevant stock details that we’d want to know, such as the company name, stock symbol, the sector it’s in, where it’s headquartered, it’s recent trading range, market cap, etc.

You will also notice a trade ticket bar resting along the bottom of the screen. If you type in the ticker here next to buttom Quote and hit the button it will give you the stock’s last, bid, and ask prices in real time. When writing this article, the last price was $49.62 per share, and the asking price, which is the cheapest price the market makers are willing to sell you shares for, was $49.63.

How To Buy Stock on TD Ameritrade

Now it’s time to enter our buy order into the trade ticket. First, in the drop-down menu for the Action field, select “Buy”. In the Quantity field, indicate how many shares you want to buy – in this example, we say 100 shares. Enter the ticker in the next field – we enter “NVCR”. For the Order Type, we recommend choosing a limit order, which for buys is telling Ameritrade the highest price you’re willing to pay for the shares.


TD Ameritrade Stock Order


In this example, we entered a price of $49.10, which means we want to buy 100 shares of NVCR at a price per share of $49.10 or lower. Ameritrade will only execute, or fill, this order if they are able to get us this price, or a lower one. Since the ask price is currently at $49.63, we’ll probably have to wait for the price to come down before the order gets filled.

We have also selected “Day” for the time-in-force field, which means Ameritrade will leave the order open until it’s either filled or the day’s trading session ends at 4:00 PM, whichever comes first. Lastly, just click “Review Order”, and then, if all the details are correct, click “Place Order” to submit it.

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How To Sell Stock on TD Ameritrade

Let’s pretend that our previous example order to buy 100 shares of NVCR was filled later that day, and now we want to submit an order to sell the shares once the share price reaches $55, as we expect it will do in the coming months. The process to sell your shares is very similar to placing a buy order, but we’ll walk you through it here with an example. The main difference when selling is that this time we will choose “Sell” for the Action. Just like when placing a buy order, we enter the quantity of shares we want to sell (100), the ticker symbol (NVCR), the order type (we’ll choose “Limit” again), the price we want to sell for, and the time-in-force.

When selling stock using a limit order, the price we entered ($55) means we are only willing to sell our shares for $55 per share or more, and Ameritrade will only fill the order if they can get us this price or a higher one. You may also notice that we chose a time-in-force of “GTC” for the sell order, which stands for “Good til Cancelled”, with an expiration date of 6/7/2019. This means that the sell order will stay open until it is either filled, cancelled by us, or until we reach 6/7/2019, whichever happens first.

All TD Ameritrade Trading Fees

ProductPrice
Stocks and ETFs $6.95
Stocks and ETFs broker assisted $49.99
Options $6.95 + $0.75 per contract
No-load mutual funds $49.99
Treasuries at auction $25
All other bonds and CMOs, CDs on a net yield basis
Futures$2.25 fee per contract (plus exchange & regulatory fees)
Forex Non-commission currency pairs trade in increments of 10,000 units (and do not contain a "#" symbol suffix). There are no additional fees or charges.
PromotionTrade free for 60 days + get up to $600.




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