Cryptocurrency Q&A Can TD Ameritrade invest in cryptocurrencies?

Can TD Ameritrade invest in cryptocurrencies?

Giulia Giulia Fri Nov 15 2024 | 5 answers 1325
I'm wondering if TD Ameritrade, which is known for its online brokerage services, allows investments in cryptocurrencies like Bitcoin or Ethereum. Can TD Ameritrade invest in cryptocurrencies?

5 answers

InfinityVoyager InfinityVoyager Sun Nov 17 2024
Specifically, the brokerage does not permit investments in fractional shares, limiting the flexibility for some investors.

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Lucia Lucia Sun Nov 17 2024
TD Ameritrade provides a platform for investing in various financial instruments, yet it falls short in certain areas for crypto enthusiasts.

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LucyStone LucyStone Sat Nov 16 2024
Additionally, TD Ameritrade does not offer direct trading in cryptocurrencies, which is a growing area of interest for many investors.

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Carlo Carlo Sat Nov 16 2024
To partially address this gap, TD Ameritrade does offer indirect crypto trading options, such as through investments in mutual funds and bitcoin futures.

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NebulaChaser NebulaChaser Sat Nov 16 2024
However, for those who wish to actively trade cryptocurrencies, TD Ameritrade may not be the best choice, as it lacks direct access to the crypto market.

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