Can You Copy Trade on TD Ameritrade?

By The RelayTrades Team · Reviewed for accuracy · Updated September 10, 2026 · 4 min read

Educational information, not investment advice. See our editorial standards.

Quick answer

No, and not only because TD Ameritrade no longer exists as a separate brokerage. TD Ameritrade accounts transitioned to Charles Schwab, and a Schwab account can be connected to RelayTrades for tracking but cannot receive copied orders today. Schwab requires every application that trades over its API to hold its own approved Schwab application keys, and that approval has not been granted to RelayTrades yet. It is a commercial review Schwab controls, with no published timeline. So if your old TD Ameritrade account is now a Schwab account, you can connect it to follow strategies and watch your portfolio, but for hands-off copying you need an execution-enabled broker such as E*TRADE, Webull, tastytrade, Public, Moomoo, or Wealthsimple. E*TRADE is the closest equivalent to what TD Ameritrade offered.

Part of the complete guide to copy trading.

TD Ameritrade no longer exists as a separate brokerage. Accounts transitioned to Charles Schwab, so the real question is whether you can copy trade on Schwab, and today the answer is no.

Why a Schwab account cannot receive copied trades

Schwab requires every application that trades over its API to hold its own approved Schwab application keys, and that approval has not been granted to RelayTrades yet. It is a commercial review Schwab controls, with no published timeline. That is different from the usual read-only story: Schwab does support API trading, but only for applications holding their own Schwab-approved keys.

What you can still do

  • Connect the Schwab account and track positions, balances, and performance in one place.
  • Follow the traders you are interested in and receive their signals in real time.
  • Place the trades yourself in Schwab when you want to act on one.

Where copying does work

Copied orders route into your own account at these brokerages: E*TRADE, Webull, tastytrade, Public, Moomoo, or Wealthsimple. E*TRADE is the natural landing spot for a former TD Ameritrade customer: a large, established, full-service brokerage covering stocks, ETFs, and options, with no broker application to wait on.

TD Ameritrade accounts moved to Charles Schwab, and Schwab connects for tracking only. For hands-off copying, use an execution-enabled broker such as E*TRADE.

Copy trading does not remove risk. The trader you copy can lose money and so can you, even with risk limits in place. RelayTrades is automation software and is not affiliated with or endorsed by Charles Schwab. Past performance is not indicative of future results.

Frequently asked questions

Related reading

Or read the complete guide to copy trading and browse the glossary.

Copy trade on your own broker, with safeguards you control.

Connect your account, follow the strategies you choose, and keep position-size limits, slippage protection, and a kill switch in your hands at all times.

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RelayTrades provides software and automation support, not investment advice or capital management. All trading involves risk; past performance is not indicative of future results.