OptionWeb
td ameritrade
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Overview
OptionWeb was founded in 2012 and is headquartered in Cyprus, while td ameritrade was established in 2016 and is based in Malta. OptionWeb holds licences including Cyprus Securities and Exchange Commission (CySEC), while td ameritrade is regulated by Financial Conduct Authority (FCA) among others. OptionWeb serves 10,000+ clients worldwide; td ameritrade has 10,000+. The minimum deposit is $200 at OptionWeb and $250 at td ameritrade.
| Feature | OptionWeb | td ameritrade |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F319 |
| Founded | 2012 | 2016 |
| Country | Cyprus | Malta |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between OptionWeb and td ameritrade, directly affecting your bottom line as a trader. OptionWeb has a lower barrier to entry with a minimum deposit of $200 (vs $250 at td ameritrade). Neither broker charges withdrawal fees. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | OptionWeb | td ameritrade |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
OptionWeb offers MT5, cTrader, while td ameritrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. td ameritrade edges ahead on platform breadth and functionality in our scoring.
| Feature | OptionWeb | td ameritrade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Binary, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how OptionWeb and td ameritrade compare. OptionWeb has a video library; td ameritrade does not. OptionWeb integrates third-party research tools (Autochartist); td ameritrade does not. OptionWeb scores higher overall in education and research.
| Feature | OptionWeb | td ameritrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. OptionWeb accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while td ameritrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). td ameritrade uniquely supports PayPal and Skrill and Neteller among the two brokers. td ameritrade scores higher on deposit and withdrawal flexibility.
| Feature | OptionWeb | td ameritrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both OptionWeb and td ameritrade offer live chat support. Both provide phone support. Email support is available at both brokers. OptionWeb supports 2 languages and td ameritrade supports 8, giving td ameritrade broader global reach. Both brokers are comparable on support quality.
| Feature | OptionWeb | td ameritrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |