Best IRA Providers

Best IRA Account Providers in 2016


2016 best IRA account provider brokerage firms. Top-rated, low-cost online ROTH, SEP, Simple, Traditional, and Rollover IRA providers to open an individual retirement plan investing account.





TDAmeritrade review


Best IRA Provider Account Fees


InvestmentsCommissions
Stocks and ETFs $9.99
Stocks and ETFs broker assisted $49.99
Stocks and ETFs interactive voice response (IVR) telephone system $34.99
Options $9.99 + $0.75 per contract
No-load mutual funds $49.99
Treasuries at auction $25
All other bonds and CMOs, CDs on a net yield basis
Futures $2.25 per contract (plus exchange & regulatory fees)
Forex Non-commission currency pairs trade in increments of 10,000 units (and do not contain a "#" symbol suffix). There are no additional fees or charges.

Investments stocks, mutual funds, options, ETFs, bonds, CDs, UITs, futures, and forex
TD Ameritrade\TDA minimum deposit to open account $0 for cash account, $2,000 for margin account
FeesTD Ameritrade fees
Promotion and login linksTD Ameritrade login, TD Ameritrade promotions and TD Ameritrade referral

TD Ameritrade IRA Account Review


IRAs Offered: Traditional IRA, Roth IRA, Rollover IRA, SEP IRA, SIMPLE IRA, Individual 401k (for small business)
IRA Setup Fee: $0
IRA Annual Fee: $0
IRA Termination Fee: $0

Last year Barron’s magazine rated TD Ameritrade #1 for Beginner Investors and #1 for Long Term Investing, and gave it top scores in the Mobile Trading, Range of Offerings, Research Amenities, Customer Service and Education categories.

TD Ameritrade IRAs have no fees: there are no setup, maintenance, inactivity, or annual IRA fees. A retirement account can be opened with no money down. Read full TD Ameritrade IRA review.


Promotion link

Trade free for 60 days + get up to $600.





Scottrade Review

Best IRA Provider Account Fees


InvestmentsCommissions
Stocks and ETFs $7
Stocks and ETFs broker assisted $32
Stocks and ETFs interactive voice response (IVR) telephone system $32
Options $7 + $1.25 per contract
Mutual funds $17
CDs, OTC Secondary Corporates, OTC Secondary Municipals,
U.S. Treasury Bills, Notes, Bonds and STRIPS, New Corporate Offerings
subject to a markup or markdown
Listed Corporate Bonds $35 + $3 per bond (minimum investment $1,000)
Unit Investment Trusts (UIT) $50 liquidation fee
Foreign Stocks Transferring In or Out $60

Investments stocks, options, mutual funds, CDs, munis, U.S. Treasury, Canadian and foreign stocks, ETFs
Scottrade minimum deposit to open account $2,500 ($0 for IRA accounts)
FeesScottrade fees
Promotion and login linksScottrade login, Scottrade promotions

Best IRA Provider Review


IRAs Offered: Traditional IRA, Roth IRA, Rollover IRA, Simple IRA, SEP IRA, 401K Plans, Defined Benefit, Money Purchase, Keogh DVP
IRA Setup Fee: $0
IRA Annual Fee: $0
IRA Termination Fee: $0

Scottrade's IRA account is excellent for beginner, mutual fund, and long-term "buy and hold" investors. There are over 2,600 commission-free mutual funds available to the customers. Since the company is a well-established, seasoned brokerage house with a very good reputation, it is a natural choice for people nervous about opening their retirement investment account at one of the newer firms.

Scottrade IRAs are free: there are no IRA setup or annual IRA fees. The company does not even charge an IRA termination fee. The firm is consistently rated at the top in customer service and satisfaction. IRA account can be opened with $500 down. Read full Scottrade IRA review.


Promotion link

Get up to $2000 when you open new account or add funds to existing account.



4-star brokerage firm rating

OptionsXpress review


Best IRA Provider Account Fees


InvestmentsCommissions
Stocks and ETFs$8.95
Options$14.95 for up to 10 contracts, $1.50 per contract for over 10 contracts
Options Active Traders$12.95 for up to 10 contracts, $1.25 per contract for over 10 contracts
Mutual funds $9.95
Bonds$5 per bond, $9.95 minimum
Futures$3.50 per contract
Forex No commissions. optionsXpress receives compensation through the bid/ask spread.
Options on Futures $3.50 per contract
Spreads, Straddles & Combos2-10 contracts - $12.95 flat (active traders) $14.95 flat (non-active traders); 10 + contracts - $1.25 per contract (active traders); $1.50 per contract (non-active traders)

Investments stocks, options, mutual funds, bonds, futures, options on futures, covered calls, forex, ETFs
OptionXpress minimum deposit to open account $0 for cash account, $2,000 for margin account
FeesOptionsXpress fees
Promotion and login linksOptionXpress login, OptionXpress promotions and OptionsXpress referral

Best IRA Provider Review


IRAs Offered: Traditional IRA, Roth IRA, Rollover IRA, SEP IRA, SIMPLE IRA, Custodial, Coverdell (educational IRA), Minor Roth, Minor Traditional IRAs
IRA Setup Fee: $0
IRA Annual Fee: $0
IRA Termination Fee: $50

An OptionsXpress by Charles Schwab IRA account is one of the best choices for customers looking to invest in mutual funds. The firm earned a 4.5 out of 5 stars rating in 2009 through 2016 investor surveys in the categories of Trade Experience, Usability, Range of Offerings, Research and Educational Resources, and Customer Service.

OptionsXpress, which is now part of Charles Schwab, offers free IRA accounts with no IRA setup or annual IRA fees. The firm provides its clients with free DRIPs (dividend reinvestment), excellent set of trading and research tools, and fantastic customer service. It's the best IRA provider for beginner investors. IRA account can be opened with no initial deposit - $0 down. Read full OptionsXpress IRA review.


Promotion link

None

Updated on 2/2/2016.



Please share us with your friends




Copyright ©2009-2016 Brokerage-Review.com. All rights are reserved.
Brokerage-Review.com has relationships with other companies. See Terms of Use.