OMAHA, Neb.--(BUSINESS WIRE)--TD Ameritrade, Inc. (“TD Ameritrade”), a TD Ameritrade Holding Corporation (NASDAQ: AMTD) brokerage subsidiary, was named winner in the category of “Educational Materials” in SmartMoney Magazine’s search for the best brokers for forex traders.
As an online extension of its 2011 broker rankings, for which TD Ameritrade was named one of the top two online brokers, SmartMoney separately reviewed 16 brokerages that offer currency, or ‘forex’, trading, highlighting the growth in this niche among retail investors.
TD Ameritrade was praised for its forex-specific education, and was named best in the category.
Says SmartMoney: “TD Ameritrade’s thinkorswim platform gets a gold star here for providing intro-to-forex materials from the National Futures Association, a third-party organization that regulates futures brokers. They were clear, accurate, and we liked the explanation of the risks associated with currency trading something other sites conveniently short-shrifted.”
"Active investors today are looking for an edge, a way to get better,” said Steven Quirk, senior vice president, trader group for TD Ameritrade. “This award clearly recognizes our leadership in providing educational resources to help clients find that edge by understanding how products like forex work, and how they may fit into their individual trading strategies.”
SmartMoney also named TD Ameritrade the best overall choice “for active stock and bond investors who may make a few currency trades from time to time,” and highlighted TD Ameritrade’s straightforward commissions.
Read more about TD Ameritrade’s products and services and reasons to choose TD Ameritrade.
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Trading forex involves speculation, and the risk of loss can be substantial. Consider all relevant risk factors, including personal financial situation, before trading.
TD Ameritrade ranked #2 of 10 Discount (Online) Brokers in SmartMoney Magazine's Annual Broker Survey in the publication's June 2011 issue. TD Ameritrade was also awarded a five-star rating (the highest available) in the Mutual Fund and Investment Products category along with two other firms, a five-star rating in the Trading Tools category along with two other firms, and a five-star rating in the Customer Service category along with one other firm. SmartMoney is a registered trademark of Dow Jones & Company, Inc.
About TD Ameritrade Holding Corporation
For more than 36
years, TD Ameritrade Holding Corporation (NASDAQ: AMTD) has been in the
business of serving individual investors – either directly or through a
network of independent registered investment advisors. Through its
brokerage1 and education2 subsidiaries, TD
Ameritrade combines innovative trading technology, easy-to-use trading
tools, investment services and education, and superior client
service to create a market-leading financial services experience. Home
to Kiplinger's #1 online broker3 and Barron’s #1
online broker for “Options Traders”,4TD Ameritrade provides
millions of retail investors, traders and independent registered
investment advisors with the tools, service and support they need to
help build confidence in today's rapidly changing market environment.
For more information and resources for journalists, please visit the
TD Ameritrade newsroom
at www.amtd.com.
1 TD Ameritrade, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA (www.nfa.futures.org), and TD Ameritrade Clearing, Inc., member FINRA/SIPC.
2 Investools, Inc. is an education subsidiary of TD Ameritrade Holding Corporation. Investools, Inc. does not provide financial advice and is not in the business of transacting trades. Investools, Inc. and TD Ameritrade, Inc. are separate but affiliated companies that are not responsible for each other's services or policies.
3TD Ameritrade was ranked #1 and received an overall score of 5 stars (tied for first place with one other broker), in the Kiplinger's Online Broker Ratings, Kiplinger's Personal Finance, 02/2011. Fourteen brokers were rated in the categories: Costs, Web site usability, Investment choices, Customer service, and Research and tools.
4TD Ameritrade was awarded an overall 4 ½ out of 5 Stars and was named "Best for Option Traders" in Barron's 2011 Online Broker Survey, 03/2011. TD Ameritrade also received the highest rating, 4 ½ out of 5 stars, in the "Best for Long-term Investing" category, sharing that rating with only one other broker. TD Ameritrade was evaluated versus 23 other online brokers in eight total categories, including trade experience, trading technology, usability, range of offerings, research amenities, portfolio analysis and reporting, customer service and education and costs. Barron's is a registered trademark of Dow Jones & Company © 2006-2011.