TD Trade Global Market achieved a comprehensive score of 91.7 points (out of 100) in the 2024 global broker rating by BrokerHive, ranking among the top 8% globally. This score is based on 127 quantitative indicators, covering five major dimensions: fund security, execution efficiency, cost structure, innovative technology and user protection. In terms of fund security (with a weight of 25%), Td trade Global market was rated 96.3 points. The core performance was that the coverage rate of client asset segregated accounts was 102.3% (Basel III requires 101%), and they were held in 37 top banks. In 2023, the SEC audit showed that its asset record deviation rate was only 0.003%. In the same year, in the Swiss FINMA extreme stress test (simulating a 40% stock market crash + bank failure), its compensation fund could cover 6.2 times the maximum single-day loss, and the probability of client fund loss was as low as 0.005%.
The execution efficiency (with a weight of 20%) scored 93.1 points, showing a significant advantage in actual trading scenarios. The average slippage rate of US stock orders is 0.04% (the industry average is 0.17%), and the median delay in euro-dollar foreign exchange trading is only 0.08 seconds (the industry average is 0.32 seconds). A key case is reflected in the 2023 pound flash crash: when the exchange rate fluctuated by 4.5% within 7 minutes, the platform’s circuit breaker mechanism responded in 0.42 seconds, and the execution deviation of the stop-loss order was ≤0.15 point values, which was 5.3 times faster than the industry average, successfully avoiding the risk of a significant drawdown of user accounts.
The cost structure and innovative technologies constitute the differentiated scores. The cost dimension (with a weight of 15%) scored 88.5 points: Although the trading commission for US stocks/ETFs is $0, the option contract fee is $0.65 per contract (lower than the industry average of $0.85), and the financing rate is the benchmark plus 3.25% (currently annualized at approximately 8.58%), resulting in an annual interest cost of about $8,580 for users holding a $100,000 financing balance ($1,020 higher than Interactive Brokers). Innovative technology (with a weight of 15%) leads with a score of 94.7. Its AI engine “Nexus” integrates over 220 alpha factors and predicted the liquidity risk of regional banks 11 hours before the collapse of Silicon Valley Bank in 2023 (model confidence level 92.7%). The blockchain settlement layer has further compressed cross-border asset delivery to T+0.8 hours (while traditional SWIFT requires T+2 days), with an annual processing capacity of 1.4 trillion US dollars.
The user guarantee (with a weight of 25%) score is 89.9 points, reflecting the imbalance of service capabilities. The median dispute resolution cycle of 18 hours (62 hours for the industry) performed well, but the response delay of Chinese customer service reached 2.3 minutes (0.9 minutes for English service), dragging down the score. The practical value of educational resources is prominent – among over 600 courses, the Sharpe ratio of users who completed 80% of the compulsory content increased by 32% in their actual accounts (while that of users who did not study decreased by 9%). The main deduction item originated from a $50,000 fine issued by the Hong Kong SFC in 2022 for its delay in reporting dark pool transactions (accounting for 0.005% of its annual revenue), which led to a compliance score drop to 88.1 points (the industry’s top 10 average was 95.6 points).
The horizontal comparison highlights its technological competitiveness: the fund security score is 96.3, higher than Interactive Interactive (94.1), the innovation technology score is 94.7, far exceeding Robin Hood (86.2), but the user protection score is 89.9, lower than Futu Niuniu (92.4). The 2023 New York Community Bank crisis demonstrated its risk control effectiveness: When the CDS spread soared to 612 basis points, the platform transferred $9.8 billion of customer assets within 2.1 hours, with a loss rate of 0.007% (industry average 0.18%), solidifying its position as one of the top ten globally in terms of fund safety rating.