Founded in 1984, TD Direct Investing is a Canadian brokerage that offers online trading on several trading instruments from different markets, such as stocks, options, ETFs, bonds, mutual funds, GICs, IPOs, and more. They provide clients with flexible trading platforms and a variety of educational materials. The broker provides tools, products, and services to help different types of investors reach their individual financial goals.
TD Direct Investing Review Introduction
In this TD Direct Investing review, we will take a look at some of the most important factors worth considering when choosing a trading broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare brokers including TD Direct Investing.
TD Direct Investing Platforms & Tools
TD Direct Investing provides clients with a choice of flexible trading platforms for investors of all experience levels. The WebBroker online trading platform is the most popular; it runs directly on modern web browsers, such as Chrome, Safari, Firefox, and Edge, without the need to download or install any additional software. The TD app can be used to trade on the go via Android and iOS compatible devices. They also provide the Thinkorswim advanced trading platform, which has an abundance of professional features. The TD Direct Investing Platform has the following features:
- Web and mobile platform
- Managing account and trading while on the go
- User-friendly interface
- Real-time market quotes
- Opening, managing, and closing positions
- Conducting a thorough market analysis
- Setting alert notifications
TD Direct Investing Research & Education
The broker provides a variety of useful educational resources that help to assist traders with their trading. They have a Learning center and a Markets and Research center, which contain tutorial videos, real-time news streams, and much more.
TD Direct Investing Trading Accounts
The broker has a range of different account types to suit different short-term and long-term goals, including Cash and Margin Accounts and TFSAs. The broker offers clients the following account types:
- Margin Account
- Cash Account
- Self-directed Tax-Free Savings Accounts (TFSA)
- Self-directed Registered Retirement Savings Plan (RSP)
- Self-directed Retirement Income Fund (RIF)
- Self-directed Locked-in Retirement Account
- Life Income Funds
- Self-directed Registered Disability Savings Plan (RDSP)
TD Direct Investing Account Funding
TD Direct Investing funding options are limited to wire transfer, which takes a few business days to clear. Accounts can be opened in USD or CAD, and currency conversion fees do not apply when using an account in your own currency.
TD Direct Investing Customer Service
The broker offers a multilingual customer support team, and they are on hand 24/7 to assist traders with all their investment needs. They can be reached via telephone and one on one consultation to those who visit a local branch office.
TD Direct Investing Regulation
TD Direct Investing is regulated by the Investment Industry Regulatory Organization of Canada (IIROC).
TD Direct Investing Review Summary
TD Direct Investing is a regulated Canadian brokerage firm with a vast range of trading instruments across different asset classes. They provide clients with flexible trading platforms and a good selection of educational material to assist traders of all experience levels with their trading. However, their trading fees are not the cheapest, and they do not offer forex, CFD, and crypto trading.
It is worth mentioning that some of the trading products and services in this TD Direct Investing review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the TD Direct Investing broker website which you can visit by using the link below.
Trading complex instruments can come with a high risk. You should consider whether you understand how investments and trading work and whether you can afford to take the high risk of losing all of your money.