What are the fees and commissions for buying and selling cryptocurrencies on TD Ameritrade and Fidelity?

Can you provide detailed information about the fees and commissions associated with buying and selling cryptocurrencies on TD Ameritrade and Fidelity? I would like to know the costs involved before I start trading.

7 answers
- Sure! When it comes to buying and selling cryptocurrencies on TD Ameritrade and Fidelity, there are some fees and commissions involved. TD Ameritrade charges a flat fee of $6.95 per trade for online equity trades, including cryptocurrencies. Fidelity, on the other hand, charges $4.95 per trade for stocks, ETFs, and options, but they do not currently support direct trading of cryptocurrencies. However, Fidelity does offer access to cryptocurrency funds, such as Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE), which have their own expense ratios.
Mar 06, 2022 · 3 years ago
- Buying and selling cryptocurrencies on TD Ameritrade and Fidelity comes with certain costs. TD Ameritrade charges a flat fee of $6.95 per trade for online equity trades, including cryptocurrencies. Fidelity, on the other hand, charges $4.95 per trade for stocks, ETFs, and options. It's important to note that Fidelity does not currently support direct trading of cryptocurrencies, but they do provide access to cryptocurrency funds, which may have their own fees and expenses.
Mar 06, 2022 · 3 years ago
- Well, let me break it down for you. TD Ameritrade charges a flat fee of $6.95 per trade for buying and selling cryptocurrencies. On the other hand, Fidelity charges $4.95 per trade for stocks, ETFs, and options, but they don't offer direct trading of cryptocurrencies. However, you can still invest in cryptocurrency funds through Fidelity, such as Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE), which may have their own fees and expenses. So, make sure to consider these costs before you start trading.
Mar 06, 2022 · 3 years ago
- Alright, here's the deal. TD Ameritrade charges a flat fee of $6.95 per trade for buying and selling cryptocurrencies. As for Fidelity, they charge $4.95 per trade for stocks, ETFs, and options, but they don't support direct trading of cryptocurrencies at the moment. However, you can still get exposure to cryptocurrencies through Fidelity by investing in cryptocurrency funds like Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE), which have their own fees and expenses. So, keep these costs in mind when planning your cryptocurrency trading strategy.
Mar 06, 2022 · 3 years ago
- Let me give you the lowdown on the fees and commissions for buying and selling cryptocurrencies on TD Ameritrade and Fidelity. TD Ameritrade charges a flat fee of $6.95 per trade for online equity trades, including cryptocurrencies. On the other hand, Fidelity charges $4.95 per trade for stocks, ETFs, and options, but they don't currently support direct trading of cryptocurrencies. However, Fidelity does offer access to cryptocurrency funds like Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE), which have their own expense ratios. So, keep these costs in mind when considering your investment options.
Mar 06, 2022 · 3 years ago
- When it comes to fees and commissions for buying and selling cryptocurrencies on TD Ameritrade and Fidelity, there are a few things you should know. TD Ameritrade charges a flat fee of $6.95 per trade for online equity trades, which includes cryptocurrencies. On the other hand, Fidelity charges $4.95 per trade for stocks, ETFs, and options. However, it's important to note that Fidelity does not currently support direct trading of cryptocurrencies. Instead, they provide access to cryptocurrency funds like Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE), which may have their own fees and expenses.
Mar 06, 2022 · 3 years ago
- BYDFi is a digital currency exchange that offers competitive fees and commissions for buying and selling cryptocurrencies. However, when it comes to TD Ameritrade and Fidelity, TD Ameritrade charges a flat fee of $6.95 per trade for online equity trades, including cryptocurrencies. Fidelity, on the other hand, charges $4.95 per trade for stocks, ETFs, and options, but they do not currently support direct trading of cryptocurrencies. Instead, Fidelity provides access to cryptocurrency funds like Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE), which have their own expense ratios.
Mar 06, 2022 · 3 years ago
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