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Synopsis

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question, “Is TD Ameritrade good?” Truth be told, I actually get this question a lot. It comes from a lot of our members and subscribers here at Option Alpha and they always ask me, “Hey, look. I know you use TD Ameritrade, but is TD Ameritrade good to use?” And my answer is always the same, is I think that they’re one of the better brokers out there. I think that there’s no perfect broker. There’s no broker that does everything that I would want. Probably no broker that does everything you would want for the same price. But I think for the offering that they have in totality, I think it’s really good. I think for me, one of the big concerns is things like risk management, an FDIC insurance, an SPIC insurance and I think that TD Ameritrade does a good job of not only those, but then also layers in Lloyd’s of London insurance for portfolios which is something that most people don’t even