|
|
Best ETF commissions: discount brokerage firms offering lowest ETF fees in 2010
|
|
|
$2.95 flat-rate ETF trading fee (even for broker assisted trades).
- Lowest ETF commissions.
- No account minimums. Minimum initial funding size is $1,000 for a cash account and $2,000 for a margin account.
- Professional and efficient trading tools.
- No IRA setup or maintenance fees.
- No volume requirements. No inactivity fees.
- Free check-writing privileges.
- Not for inexperienced investors.
Optionshouse Review
OptionsHouse
|
|
|
10 free trades each month with $25,000 minimum account balance requirement or 25 ETF trades per month.
$4.50 ETF trade commission if does not meet $25,000 account balance requirement or 25 ETF trades per month.
- Best ETF commissions.
- No account minimum or inactivity fees.
- Virtual trading environment.
- Forex trading.
- Free dividend reinvestment.
- Great investing community.
- Few mutual funds choices.
Zecco Review
Zecco
|
|
|
$3 ETF trading fee for unlimited shares.
- Very low commissions
- Fractional shares available with no monthly subscription fee
- No inactivity fees
- Cannot invest in mutual funds and bonds
- For stocks priced under $1, the online commission is $3 plus ½% of the principal value
- Slow trade execution
- Poor trading platform
- Very slow new account set up process
- Customer service complains
- No interest on your not invested cash
- No IRA accounts offered
Sogotrade Review
SogoTrade
|
|
|
$4.95 ETF commission (even for broker assisted trades) for stocks/ETFs over $1.
- One of the best in trading commissions
- No minimums or hidden fees
- Award-winning trading tools
- Best customer service
- Low margin rates
- Great community to watch and interact
- Extra $0.01 per share on the entire order of stocks priced less than $1
TradeKing Review
|
|
|
|
|