Free IRA account

Brokers with free, no fee Traditional and ROTH IRA accounts


There are online brokerage firms that offer free (no-fee) IRA accounts to their customers. These companies don't charge retirement account setup and annual IRA fees as well as no account maintenance fees but might charge for closing IRA account. Below we present the list of highly rated, free brokerage IRA accounts.
Brokerage
Rating
Trading
Commissions
Investments
Offered
Broker
Review


5-star brokerage firm rating

Scottrade Review


Stocks: $7


Options: $7 plus
$1.25 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • CDs
  • Munis
  • ETFs
  • Canadian stocks
Scottrade
IRA Review


5-star brokerage firm rating



Stocks: $4.95


Options: $4.95 plus
$0.65 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • ETFs
TradeKing
IRA Review


5-star brokerage firm rating



Stocks: $3.95

Options: up to five contracts for $5,
each additional contract $1
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • ETFs
Optionshouse
IRA Review


4-star brokerage firm rating

Trademonster Review

Stocks: $7.50


Options: $0.50 per contract
minimum $12.50
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • ETFs
tradeMONSTER
IRA Review


5-star brokerage firm rating

optionsXpress review

Stocks: $8.95


Options: $12.95 for up to 10 contracts
$1.25/contract for over 10 contracts
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • Furures
  • ETFs
optionsXpress
IRA Review


optionsXpress Review

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