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Best brokerage firms for mutual funds investing
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1,000 free, no-load, no-transaction fee funds (NTF program).
No-load 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.
Read full Scottrade review.
Scottrade
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Buy - $15, sell - free.
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tradeMONSTER offers great price for trading mutual funds: just $15 to buy and sale is free.
Barron’s magazine rated tradeMONSTER as a 4.5 star (out of 5) brokerage
on their 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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Buy - $9.95. Sell - $9.95.
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OptionsHouse has $9.95 flat-rate commission to buy and sell mutual funds.
The firm currently offers around 1000 networked, no-load mutual funds to choose from.
OptionsHouse has no account balance minimums, no minimum number of trades and no volume requirements
to get these mutual funds trading commissions.
Barron's magazine rated OptionsHouse 4.5 stars (out of 5) in trade experience and "#1 for Options Traders"
in 2009 online stock broker survey. Read full OptionsHouse review.
OptionsHouse
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