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Best brokerage firms for mutual funds trading/investing
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2,800+ FREE, no-load, no-transaction fee mutual funds (NTF program).
No-load mutual funds - $17.
Load funds are free to buy and $17 to sell.
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Scottrade is well-known, established brokerage house with flat rate commissions. The firm has no
hidden fees, no IRA setup and annual fees, account
inactivity fees. It has highest rated customer service and investor satisfaction.
Scottrade is an excellent choice for novice investors, those who invest in mutual funds or
long-term, "buy and hold" investors.
Scottrade offers huge selection, over 2,800(!), of FREE to buy and sell mutual funds. These mutual funds are in "No Transaction Fee",
(or NTF) program. With them you could essentially invest in or trade mutual funds for free.
Read full Scottrade review.
Scottrade
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Buy - $15, sell - free.
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If you want to invest in or trade mutual funds that are not offered at Scottrade for free, you could open second brokerage account
with tradeMONSTER. The firm offers great price for trading mutual funds: just $15 to buy and sale is free, which comes to just
$7.50 per transaction.
Barron’s magazine rated tradeMONSTER as a 4.5 star (out of 5)
on its trading platform, usability, research and educational resources, portfolio analysis and reporting
tools.
tradeMONSTER is a great choice for those looking to invest in mutual funds, for beginners or,
since there are no fees, for IRA accounts.
Read full tradeMONSTER review.
tradeMONSTER™
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