TD Ameritrade

Be careful using TD Ameritrade. I have reason to believe that they trade against their clients, take a corresponding short or opposite position, and they will pounce on you if your stocks are in a temporary downward trend and you're on margin. After charging me margin interest, TD Ameritrade suddenly changed its margin requirements for a stock I held and force liquidated a partial position of mine, causing an unnecessary loss on 9/7. The stock had been in the same range prior to the changed margin requirements. To no one's surprise, the stock jumped 7% today on 9/8.

My mother passed away in March 2023. Five months later, TDAmeritrade is keeping her funds & will not give it to her named beneficiaries. On 5/18/23, I contacted TDAI to submit the paperwork & death certificate needed to start the inheritance claim. The auto reply stated they would get back to me with further instructions within 5 days. They never did get back to me. On 7/7/23 I started calling every day only to get excuses, runaround, & lies from 31 agents; Luis & Martin twice each. I conference call with my financial advisor & solo every day for the past 5 weeks. I have made 35 phone calls totaling 455 minutes to date.

For several weeks now, my siblings and I have been trying to move the funds from my deceased father's IRA into beneficiary IRAs. It is supposed to take only 3-5 days for Ameritrade to create a beneficiary IRA, but not with Ameritrade. With Ameritrade, it looks like it could take several months. I submitted my application for the beneficiary IRA on 7/18/23. On 7/26/23 I called for an update, and was told they were currently working on applications from 7/1/23. On 8/3/23 I again called for an update, and was told they are currently working on applications submitted 6/3023. What?! They're going backward instead of forwards?

IN 2023, I simply cannot understand why TD charges $2.25 a contract for futures trading. It is crazy it is not justifiable whatsoever. It is not that TOS is the most superior platform out there compared to others especially when it comes to Futures trading yet their charges are simply ridiculous. I would love to use TOS since I can integrate all my trading in one platform, that is Options, stocks and futures but I had to move to other platforms that are fair in futures pricing....until TD get back to their senses and review this unjustifiable Futures commission.

Well I am A victim of identity theft with identity theft.gov and somehow I already A 401k, cryptocurrency, stock, bonds, and I already have been given retirement documents from the social security administration, and TD Ameritrade has on my documents retired as a professional trader and federal government entrepreneur.

I have had an account open with them from early '2007. Last year + they keep reorganizing securities seems like every month, as soon as they charge you $38.- and you pay it, they find another reorganizing fee to charge you with, it is total **, so watch your account is melting away just paying their fees: sample right here...

I have given them two opportunities to keep my business. The first time they promised me a $1000 bonus for moving my $500k to their platform and never paid it. I moved my money to Merrill. The second time I moved a small amount there to trade SPX and they gave me instructions on how to remove a hold from an ACH deposit so I would have funds available to trade before a Google earnings report. I sent them the requested document from my BoA branch manager and, after receiving it, they then told me "Oh, it needs to have this special verbiage."

Lost my mother-in-law in Dec '21 due to Covid; she had small Ameritrade account. After providing death certificate we were told to complete several pages to transfer account into her son's name and then he could close account. We submitted all documentation by Feb '22 and were given email confirmation all set. To this date, October '22 we have not gotten this taken care of, we continue to get monthly statements in my deceased mother in law name and when we call we get told to call back after another month, that it would be done and to this date not done. Terrible customer service.

These people are unethical, politically driven monsters who will rape you of your money without warning within seconds. They only care about covering their own asses and will lie their heads off after they do so. They don't have to follow federal or FINRA guidelines and are given carte blanche to destroy people intentionally. Do not, I repeat, do not go to FINRA for anything. Do not go to a FINRA arbitration. The system is 100%, indisputably rigged. FINRA is not there to protect consumers. They are there to protect the brokerages and keep the table tilted. TURN AND RUN FROM TD AMERITRADE AND FINRA IF YOU VALUE YOUR HARD-EARNED MONEY. THESE PEOPLE ARE MONSTERS AND HAVE ZERO CONSCIENCE ABOUT PUTTING PEOPLE THROUGH LIVING HELL.

One of my largest positions, Mineworx MWXRF decided to offer a Rights Offering @ 1.5 cents per share for a right to a share of common stock up to the amount on record July 18 ,22. Mineworx is a Canadian company and in in order to be eligible as a US resident, required a waiver. I received the waivers and instructions by mail from TD Ameritrade. TD however decided that they would Not allow me to participate because Mineworx is a Canadian company. TD Ameritrade had No trouble selling me 103,800 shares in 6 or 8 transactions (fees) I was on the phone twice over 45 minutes with TD refusing to give me the Exact reason for the denial of service. Mineworx has No problem and has said that the only broker that they had trouble with in this Rights Offering is TD Ameritrade.