Best ETF brokers

Cheapest ETF trading commissions: best online brokers with lowest ETF trading fees (flat rate) in 2015

4.5-star brokerage firm rating

Optionshouse Review

OptionsHouse ETF Commission

$4.95 flat-rate per trade (even for broker assisted trades)

OptionsHouse Advantages

  • Low commissions
  • Free streaming quotes
  • No fee IRA accounts
  • No volume requirements, or maintenance or inactivity fees
  • Free check-writing privileges
  • Free DRIPs/Dividend Reinvestment (complete, non-fractional shares only)
  • No surcharges for large orders or extended hours trading
  • Low margin rates
  • Free virtual trading

OptionsHouse Disadvantages

  • For stocks priced $2 or less that are not options eligible, add $0.005 per share for the entire order (including OTCBB, Pink Sheets)
  • Short after-hours trading: 4:00 pm - 5:00 pm EST, instead of 4:00 pm - 8:00 pm EST

Read Review

Free Virtual Trading: Ever want to try out an investing strategy without committing real money? Want to learn how to trade options for the first time? Virtual trading allows users to trade on the platform using virtual money without taking any risk. It is especially nice for beginners who aren’t yet comfortable using the platform to trade and don’t want to take any risks with real portfolio money.

LiveAction: Scanning tool that searches a database of streaming quotes in real-time to find live action and opportunities in the market. Since the scan is done in real-time users don’t have to worry about delayed data.

strategySEEK: For any given symbol input forecasts and risks and strategySEEK will analyze thousands of option trading strategies and optimize for the strategy most appropriate for your given criteria.

EXIT PLAN: Eliminates uncertainty of when to act by setting alerts or orders aligned to investors trading strategy. Establishes pre-determined exit points for every trade based on profit and loss targets as well as time horizons.

Continue Optionshouse Review

Open OptionsHouse Account

Trade Free For 60 Days when you Open a New OptionsHouse Account

Open Optionshouse account

4.5-star brokerage firm rating

TradeKing ETF Commission

$4.95 per trade

TradeKing Advantages

  • Very low commissions
  • No minimums, or maintenance or hidden fees
  • Free real-time quotes
  • Top-rated customer service
  • Low margin rates
  • Best online investor community
  • Fee-free IRAs
  • Free DRIPs (dividend reinvestment plans)
  • Extensive educational resources
  • Low cost professional portfolio management

TradeKing Disadvantages

  • Additional $0.01 per share on the entire order for stocks priced at less than $2
  • $50 annual inactivity fee if BOTH apply to an account(s):
    • Combined account value of the household account(s) is less than $2,500
    • No commission-charged trades have been executed in the account(s) during the last 12 months
  • Shorter after-hours trading: 4:00 pm - 5:00 pm EST, instead of 4:00 pm - 8:00 pm EST

Read Review

TradeKing offers professional-caliber trading tools for stocks, options, ETFs, mutual funds and fixed income securities. Some of the tools include Probability Calculator, Profit and Loss Calculator, Stock and Option Screeners, Technical Analysis Tools and more. A new alerts center enables clients to set up alerts that are delivered via both email and text.

The company's trading platform called TradeKing LIVE, combines news, streaming charts, options chains, account data, and a flexible trade ticket. It offers the ability for traders to customize features on the main dashboard, an enhanced Options Workbench with strategy recognition, and real-time, intraday updates that display cost basis on all stock positions.
Continue TradeKing Review

Open TradeKing Account

Get $1,000 in Free Trade Commissions at TradeKing

Open TradeKing account

Best Brokers With Lowest ETF Commissions

For investors who primarily trade Exchange Traded Funds (ETF), there are several brokers that offer the lowest commissions on this type of investment. The attraction of ETFs is that one can select an ETF that represents a stock index such as the S&P 500, commodities such as gold or sliver, and even a stock sector like biotech. It saves the investor from having to select a specific stock and minimizes the company risk associated with single stock investments. The ETF world has grown considerably, and there are now selections that multiply returns (and losses) by 100-200%.

Since some traders like to use ETFs for shorter time frames, commissions may become an important factor when selecting a broker. The lowest ETF commissions are offered at OptionsHouse and TradeKing. An examination of these brokers’ commissions and services reveals a few differences to consider.


The commission at OptionsHouse is $4.95 per trade, even if a broker assists with the trade. That is a nice feature, where some large brokers may charge up to $40 to include a broker in the trade. This, combined with no maintenance or inactivity fees, as well as powerful trading tools makes this discounter one of the best brokers for ETFs. One is limited in the areas of research and education, but that may be a low priority for ETF investors. There is an additional fee $0.005 per share for trading a vehicle under $2, but most exchange traded funds are above that threshold so it would not apply.


TradeKing’s ETF commission is $4.95 per trade, with an additional fee of $0.01 per share if the share price is less than $2. They do charge an inactivity fee of $50, but don’t have account minimums or maintenance fees. TradeKing offers excellent trading tools, educational resources and online community, so a trader does receive a bit more for their commissions spent on trading.


As with most broker choices, exchange traded funds traders will have to make a selection based more on the services offered by each, rather than significant differences in commissions. For both of these top ETF brokers trades placed for ETFs over $2 will all carry the same commission cost. Therefore if you want the best trading tools then we recommend Optionshouse. If having access to trader community is important then TradeKing is your broker.

This article was updated on 9/28/2015.

Please share us with your friends

Related articles

Online broker promotions:
Copyright ©2009-2015 All rights are reserved.
The stock brokerage firm you select is solely responsible for its services to you, the user. shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of a brokerage house's services. has partner relationships with other companies. As a partner, we often provide reviews of products and services based on our personal opinions. We are not compensated for positive reviews. While we strive to make sure that the information we present here is true and accurate upon publication, the rates and offers that we share with you may change without notice, so please visit the sites we reference for more up to date information.