Lowest Stock Trading Fees. Cheapest Brokerage Commissions.

Best brokerage firms with lowest commissions on stock trades. Online brokers cheapest trading fees (flat rate) in 2017.

Ally Invest rating

Ally Invest

Ally Invest Low Trading Commissions

Stocks and ETFs $4.95
Stocks and ETFs $3.95 (if making 30+ trades per quarter or for $100,000 balances)
Mutual funds $9.95
Minimum to open $0 for cash account, $2,000 for margin account

Ally Invest Advantages

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

Ally Invest Disadvantages

  • Additional $0.01 per share on the entire order for stocks priced at less than $2
  • Short after-hours trading: 4:00 pm - 5:00 pm EST, instead of 4:00 pm - 8:00 pm EST
  • No NTF funds

Ally Invest Account Review

Ally Invest is one of our favorite online brokers - we rated it one of the Top Brokerage Firms in last six years. Ally Invest does not have minimum account balance requirements or hidden fees. Beginners can place broker-assisted trades for the same low price as online trades - $4.95, and can learn to trade and pick up investing ideas in the website's friendly trader community.

The 2012 merger of Ally Invest with another popular discount broker - Zecco - created the sixth largest brokerage house in the United States, with more than 500,000 total accounts. Early last year, Ally Financial agreed to purchase TradeKing. Today, the deal has been completed and TradeKing’s accounts have been transferred to the Ally website. The new company offers by far the lowest commissions among big brokerage firms.

Ally Invest does not have IRA setup, maintenance, or annual fees as well as account inactivity charges.

Read full Ally Invest Review.

Open Lowest Commissions Broker Account

Switch to Ally Invest and get up to $150 in transfer fees reimbursed.

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Optionshouse rating


Optionshouse Low Trading Commissions

Stocks and ETFs $4.95
Mutual funds $20
Minimum to open $0 for cash account, $2,000 for margin account

Optionshouse Advantages

  • Very 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 on 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, there is a $0.005 per share surcharge 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

Optionshouse Account Review

Don't let the name fool you - Optionshouse is not just for options traders. The firm also provides good investment services and excellent prices for stocks, ETFs, mutual funds, and bonds investors. Optionshouse offers some of the lowest flat-rate commissions on stocks and ETFs - just $4.95 per trade, for unlimited shares. The company does not have minimum account balance, volume or minimum number of trades requirements to get these low rates. Unlike Ally Invest, there are no inactivity fees to worry about.

Optionshouse’s margin rates are some of the best in the industry. Currently if a trader borrows over $1 million, the margin rate is only 2.25%. The highest margin rate is 6.75% to borrow up to $49,999. The margin rates incrementally decrease from 6.75% to 2.25% depending on the amount the investor borrows over $50,000.

Unlike many other companies, the firm does not have additional fees on IRA accounts, extended hours trading, or large orders. There is, however, $0.005 per share surcharge for stocks priced $2 or less that are not options-eligible. Optionshouse also has shorter than usual after-hours trading period: 4:00 pm - 5:00 pm EST instead of 4:00 pm - 8:00 pm EST.

Read full Optionshouse Review.

Open Cheapest Stock Trading Account

Open and fund an OptionsHouse account to get up to $1,000 in free commissions for 60 days.

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Updated on 5/23/2017.

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