How safe is TD Ameritrade?

Answer:

FACTS

Owned jointly by TD Bank in Canada

AMTD has their own balance sheet and stock

They have been around for years and years under the name TD Waterhouse

TD Bank would not let their name be ruined if AMTD did start having problems

TD Ameritrade is one of the safest out there, if not the safest today.

TD Ameritrade is SIPC insured and has has excess insurance through Loyds of London.

TD Ameritrade offers a FDIC insured money money fund for settlement and cash

TD Ameritrade does not have any direct exposure to the mortgage crisis

Answer

is very "Safe"

First answer by ID0403945863. Last edit by ID0403945863. Question popularity: 1 [recommend question].