Best IRA Brokerage Firms

Best IRA Companies. Top Rated Online Broker IRA Accounts To Invest In 2015





Etrade Review

Etrade IRA Commissions


ProductPrice
Stocks and ETFs $9.99 ($7.99 if making 150+ trades per quarter)
Stocks and ETFs broker assisted $34.99
Options $9.99 + $0.75 per contract ($7.99 + $0.75 if making 150+ trades per quarter)
Mutual funds $19.99
Futures contracts $2.99 per contract, per side + fees
Fixed Incomemarkup or markdown and any transaction fee will be included in the price quoted
Forex No commissions. Etrade receives compensation through the bid/ask spread.
Bonds$1 per bond (minimum $10, maximum $250) for online secondary market trades. Includes Agency bonds, Corporate bonds, Municipal bonds, Brokered CDs, Pass-thrus, CMOs, Asset Backed Securities.

Investments stocks, bonds, mutual funds, futures, forex, fixed income, options, ETFs
Etrade minimum deposit to open account $500 for non-retirement cash account, $0 for retirement cash account, $2,000 for margin account
FeesEtrade fees


Etrade IRA Review


IRAs Offered: Rollover IRA, Traditional IRA, Roth IRA, IRA for Minors, Complete™ IRA, Beneficiary IRA, SEP IRA, SIMPLE IRA, Individual 401(k), Money Purchase, Profit Sharing, Investment-Only Non Custodial
IRA Setup Fee: $0
IRA Annual Fee: $0
IRA Termination Fee: $0

Etrade is one of the best-known online brokerage firms in the country, and it is a publicly traded company. When it was founded in 1992 as the first online discount brokerage, it revolutionized stock market trading. Since then, many other companies have followed the same business model.

Etrade stock and ETF commission is $9.99 per trade, options commission is $9.99 plus $0.75 per contract. Mutual funds are priced much more reasonably at $19.99 per transaction.

Etrade offers banking services to its customers - checking accounts and mortgages. The company also provides its clients with an ability to invest in Agency, Corporate, and Municipal bonds, Brokered CDs, Pass-thrus, CMOs, Asset Backed Securities. The price for bond trading and investing is very good: $1 per bond with $10 minimum and $250 maximum. We named the firm Best Bond Investing Broker in 2015.

Etrade 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 Etrade IRA review.


Open Best IRA Account


Open an IRA at Etrade securities and get up to $600.




TDAmeritrade review

TD Ameritrade IRA Commissions


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


TD Ameritrade IRA 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

TD Ameritrade is one of the best-known and largest online brokers in the country, and it has been in business for over 35 years. But it's definitely not the cheapest: $9.99 per stock trade was a good price in 2000, but it is considered high in 2015, and $49 to buy or sell a mutual fund is extremely expensive!

Unlike most other brokerage firms, TD Ameritrade does not have surcharges on large orders, penny stocks, or extended-hours trading. The firm's 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.


Open TD Ameritrade IRA Account


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




Optionshouse Review

OptionsHouse Top IRA Pricing


InvestmentsCommissions
Stocks and ETFs $4.95
Stocks and ETFs broker assisted $4.95
Options$4.95 + $0.50 per contract
Mutual funds $20

Investments stocks, options, mutual funds, bonds, ETFs
Optionshouse minimum deposit to open account $0 for cash account, $2,000 for margin account
FeesOptionshouse fees


OptionsHouse IRA Firm Review


IRAs Offered: Traditional IRA, Roth IRA, Rollover IRA, SEP IRA, Educational IRAs
IRA Setup Fee: $0
IRA Annual Fee: $0
IRA Termination Fee: $60

OptionsHouse offers a $4.95 flat-rate commission for stocks and a $20 flat-rate commission for mutual funds transactions. In the Barron's magazine online stock broker review, OptionsHouse got score of 5 (out of 5) in Mobile and Portfolio Analysis & Reports categories as well as highest scores in Research Amenities, Usability, Customer Service & Education, and Trading Technology categories.

OptionsHouse doesn't have IRA account balance minimums, or IRA setup or annual fees. Recent merger with another brokerage firm, TradeMonster, gives OptionsHouse an impressive suite of trading tools as well as puts it in a position to challenge larger brokerage houses. The firm provides a lot of free services, including virtual trading, dividend reinvestment plans (DRIPs), streaming quotes, and check-writing. Read full OptionsHouse IRA review.


Open OptionsHouse Top IRA Account


Trade free for 90 days when you open and fund a new OptionsHouse account




About Top IRA Companies


Above is the list of our top IRA companies in 2015. All of them offer free Traditional IRA, ROTH IRA, SEP IRA and IRA Rollover tax-exempt accounts: there are no annual, maintenance, custodial, or setup fees associated with these IRA plans. Some of these firms also offer SIMPLE IRA, Custodial and 401(k) retirement accounts.

The overall number one IRA company for do-it-yourself (DIY) investors is Scottrade. There are no IRA fees: individual retirement account setup, inactivity, or maintenance fees. The firm offers low mutual funds commissions, over 3,000 mutual funds commission-free, great investment research amenities, and rich selection of investment products.

The best IRA firm for beginners is Etrade: very good customer service, security of one of the largest U.S. brokerage firms and lots of free trading tools and services.

OptionsHouse is the cheapest among our top IRA companies, so it's naturally very attractive for the bargain-seeking customers. It also offers a suit of valuable services for free.

If you are only comfortable having a brokerage IRA plan with large, well-known firm, then either Etrade or Scottrade will work great for you.

You can open new tax exempt retirement account or set up to transfer your existing brokerage IRA or employer 401(K) account by clicking one of the links on this website and following instructions. Make sure to read brokerage IRA reviews before making final decision.

All companies listed here are members of FINRA - they have to comply to strict government rules. They are also SIPC insured - broker-dealer equivalent of banks FDIC insurance.

This article was updated on 4/1/2015.



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