Best Online Brokers Offering Commission-Free ETFs


Best discount stock brokers that offer commission-free ETF in 2018. Investment accounts offering trading ETFs with no fee: TD Ameritrade, Etrade, Charles Schwab, Fidelity, Firstrade, USAA, Ally Invest, Vanguard, and Capital One Investing.


Firstrade commission-free ETFs


All ETFs are commission-free at Firstrade

Firstrade has lowered its stock and ETF commissions to $0. That's right - you can trade with this broker for free and there is bo catch. They are making money borrowing money to investors and on investors' uninvested cash.

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Firstrade rating

Firstrade
Stocks, ETFs: $0

Mutual Funds: $0

Options: $0 plus
$0 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • CDs
  • ETFs
Firstrade
Review

Open Firstrade account

$0 commissions + up to $200 in transfer fee rebates.






TD Ameritrade commission-free ETFs


  • 296 ETFs without commission researched and selected by the experts at Morningstar
  • Broad exposure to domestic and international indexes
  • 8 different ETF providers
  • The ETFs provided offer asset allocation and dollar-cost averaging with no commissions
  • There is ETF Screener to find suitable ETFs based on investment goals and risk tolerance
  • To trade commission-free ETFs, client must be enrolled in the program. If a client trades eligible ETFs within the 30-day hold period, short-term trading fee of $19.99 will apply

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TD Ameritrade rating

TD Ameritrade
Stocks, ETFs: $6.95

Mutual Funds: $49.99

Options: $6.95 plus
$0.75 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • ETFs
  • Futures
  • Forex
TD Ameritrade
Review

Open TD Ameritrade account

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






Ally Invest commission-free ETFs


  • 115 commission-free ETFs
  • Includes 30 iShares commission-free ETFs from BlackRock
  • The rest of the commission-free ETFs are WisdomTree ETFs

Ally Invest offers all WisdomTree (NASDAQ:WETF) ETFs commission-free as well as a number of other commission-free funds including ones focused on the environmental, social, and governance sectors.

Ally Invest
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Ally Invest rating

Ally Invest
Stocks, ETFs: $4.95

Mutual Funds: $9.95

Options: $4.95 plus
$0.65 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • Forex
  • CDs
  • ETFs
Ally Invest
Review

Open Ally Invest account

Up to $3,500 cash bonus + commission free trades for new accounts.






Charles Schwab commission-free ETFs


  • 113 ETFs commission-free
  • Comprehensive Morningstar coverage, including 54 asset categories that span US Equity, Fixed Income, International and Commodity ETFs
  • Asset allocation and dollar-cost averaging with no commissions
  • No early redemption fees, which means there are no fees imposed for selling within 30 days
  • 6 different ETF providers

Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs made available without commissions. All ETFs are subject to management fees and expenses.

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Charles Schwab rating

Charles Schwab
Stocks, ETFs: $4.95

Mutual Funds: $76 to buy
$0 to sell

Options: $4.95 plus
$0.65 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • CDs
  • Annuities
  • ETFs
Charles Schwab
Review

Open Charles Schwab account

Get 113 ETFs with no fee at Charles Schwab.




Fidelity commission-free ETFs


  • 65 commission-free ETFs online from iShares
  • Includes all 10 iShares Core ETFs, plus a diverse selection of international, domestic, and specialized equity, fixed income, and commodities ETFs
  • If client trades eligible ETFs within the 30-day hold period, short-term trading fee of $4.95 will apply
  • 2 different ETF providers

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive, long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Additional information about the sources, amounts, and terms of compensation is described in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice.

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Fidelity Investments rating

Fidelity
Stocks, ETFs: $4.95

Mutual Funds: $49.95

Options: $4.95 plus
$0.65 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • CDs
  • Annuities
  • ETFs
Fidelity
Review

Open Fidelity account

Get 65 ETFs with no fee at Fidelity Investments.




Etrade commission-free ETFs


  • 93 commission-free ETFs
  • Includes selection of international, domestic, fixed income, and commodities ETFs
  • If client trades eligible ETFs within the 30-day hold period, short-term trading fee of $9.95 will apply
  • 3 different ETF providers

Sell short, buy to cover, and buy-write orders are not commission free. Options on ETFs and options-exercise-related transactions are also not eligible. For margin customers, the ETFs purchased through the commission-free ETF program are not margin eligible for 30 days from purchase date. To discourage short-term trading, E*TRADE Securities will charge a short-term trading fee on sales of participating ETFs held less than 30 days.

Etrade
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Etrade rating

E*trade
Stocks, ETFs: $6.95

Mutual Funds: $19.99

Options: $6.95 plus
$0.75 per contract
  • Stocks
  • Options
  • Mutual Funds
  • Bonds
  • Futures
  • ETFs
Etrade
Review

Open Etrade account

At E*TRADE, get $6.95 trades + 65₵ per options contract.





Commission-free ETFs at other online brokers


BrokerCommission-free ETFs
Capital One Investing commission-free ETFsnot offered
Choicetrade commission-free ETFsnot offered
Just2trade commission-free ETFsnot offered
Merrill Lynch/Edge commission-free ETFsnot offered
Motif Investing commission-free ETFsnot offered
Muriel Siebert commission-free ETFsnot offered
Sogotrade commission-free ETFsnot offered
Speedtrader commission-free ETFsnot offered
TrastyWorks commission-free ETFsnot offered
TradeStation commission-free ETFsnot offered
USAA commission-free ETFsnot offered
Wells Fargo/Wellstrade commission-free ETFsnot offered
Zackstrade commission-free ETFsnot offered


Updated on 10/8/2018.