Brokerage Companies
The following companies offer retirement and financial planning services in various degrees. Annuities and life insurance are available from major life insurance companies. IRA accounts, mutual funds, and portfolio management is available from online and traditional brokerage firms.
Charles Schwab
http://www.schwab.comAt Charles Schwab they investing from a different perspective and actually listen to their clients.
| Stocks: | $8.95 |
| Options: | $8.95 plus $.75 per contract |
| Mutual Funds: | $49.95 Mutual Fund OneSource® Funds - free |
Choice Trade
http://www.choicetrade.com/Choice trade understands you want less talk and more action, therefore they focus on "getting trades on, fast, accurately and with good fills."
| Stocks: | $5 per trade |
| Options: | $5 plus $0.55 per contract |
| Mutual Funds: | $25 per trade |
Cobra Trading
http://www.cobratrading.com/At Cobra Trading, they make customer service their number one priority.
| Stocks: | $6.99 |
| Options: | $5 plus $1 per contract |
| Futures: | $1/contract per side for 30 days and only $2.50/contract per side after the first |
Etrade
https://us.etrade.comEtrade is one of the most well known brokerage firms in the country and always has great promotional offers.
| Stocks: | $9.99 if 0-149 trades per quarter and $7.99 if 150+ trades per quarter |
| Options: | $9.99 plus $0.75 per contract if 0-149 trades per quarter and $7.99 plus $0.75 per contract if 150+ trades per quarter |
| Mutual Funds: | $19.99 |
eOptions
http://www.eoption.com/eOption was created with intentions of keeping trade costs low and execution rates high.
| Stocks: | $3.00 |
| Options: | $3.00 plus $0.10 per contract |
| Mutual Funds: | $14.95 |
Fidelity
https://www.fidelity.com/Fidelity is known for having some of the top Mutual Funds in the business.
| Stocks: | $7.95 |
| Options: | $7.95 + $0.75/contract |
| Mutual Funds: | no transaction fee when trading over 1,400 mutual funds, $75 for all others. |
Firstrade
http://www.firstrade.comFirstrade has some of the lowest commissions in the business and a great portfolio of mutual funds.
| Stocks: | $6.95 |
| Options: | $6.95 plus $0.75 per contract for market and limit orders |
| Mutual Funds: | $9.95 no-load funds and $0 load funds |
Interactive Brokers
http://www.interactivebrokers.comInteractive Brokers has one of the top interactive trading platforms on the web.
| Stocks: | $0.005 per share with $1 minimum per trade for SMART routed orders |
| Options: | $0.70 per contract plus exchange fees |
| Mutual Funds: | $14.95 |
Just2Trade
http://www.just2trade.com/Just2trade is for experienced traders only and has the lowest stock commissions in the online industry.
| Stocks: | $2.50 |
| Options: | $2.50 plus $0.50 per contract |
| Mutual Funds: | $2.50 |
MB Trading
http://www.mbtrading.com/MB Trading has a dedicated trading software program that targets professional traders with low commissions.
| Stocks: | $4.95 for limit and market regular hours orders for up to 10,000 shares |
| Options: | $0.95 per contract, per side, and no minimum ticket charge |
| Mutual Funds: | $2.50 |
Merrill Edge
https://www.merrilledge.comMerrill Edge is owned by Bank of America and has great fees and commissions.
| Stocks: | $8.95 with conditions |
| Options: | $8.95 with conditions |
| Mutual Funds: | 0.75% gross proceeds |
Ninja Trader
http://www.ninjatrader.com/NinjaTrader is known for there fully customizable software and MT Predictor and Super Dom tools.
| Stocks: | |
| Options: | |
| Mutual Funds: |
Options House
http://www.optionshouse.com/Option House is one of the top choices for an IRA account as it has no fees and surcharges on extended hours trading and large-size orders.
| Stocks: | $3.95 |
| Minimum: | $1000 to open account |
| Mutual Funds: | $9.95 |
OptionsXpress
http://www.optionsxpress.com/OptionsXpress offers top notch customer service, professional trading tools and is rated in a survey as best in Trade Experience
| Stocks: | $9.95 if under 1001 shares |
| Options: | $14.95 (for one contract), $14.95 (for five contracts), $15 (for 10 contracts), $30 (for 20 contracts) |
| Mutual Funds: | $14.95 |
Questrade
http://www.questrade.com/Questrade is Canadian owned and also has a brokerage services for Canadian residents, they also have no surcharges for large orders, penny stocks and extended hours trading.
| Stocks: | 1 cent per share, $4.95 minimum, $9.95 maximum per trade |
| Options: | $9.95 plus $1 per contract |
| Mutual Funds: | $9.95 |
Scottrade
http://www.scottrade.com/Scottrade has been in business for over 30 years and is known for one being a leader in customer satisfaction.
| Stocks: | $7 |
| Options: | $7 plus $1.25 per contract |
| Mutual Funds: | 2,800+ for free, $17 for all others |
ShareBuilder (ING)
http://www.sharebuilder.com/ShareBuilder, which is owned by ING, is known for its automatic investing plans, which give investors the opportunity to take advantage of dollar-cost-averaging.
| Stocks: | $4 per investment |
| Options: | $30 per early exercise, no trade commission; Automatic Exercise - $20 per automatic exercise, no trade commission |
| Mutual Funds: | 70 free funds including the ING Mutual Funds. 170 no-load funds from leading no-load mutual fund families |
Sogo Trade
http://www.sogotrade.comSogoTrade has some of the lowest stock commissions in the industry and they also offer fractional shares without a monthly subscription fee.
| Stocks: | $3 |
| Options: | $3 plus $0.70 per contract |
| Minimum: | $500 to open account |
SpeedTrader
https://www.speedtrader.com/Speedtrader is know for its Low commissions for active traders and very professional trading platform.
| Stocks: | $6.95 or $0.0039 per share, $0.39 min per trade |
| Options: | $1.00 per contract |
| Mutual Funds: | $50 per trade for no-load mutual funds |
TD Ameritrade
http://www.tdameritrade.comTD Ameritrade is one of the best-known online trading sites in the country and are know for there no maintenance and inactivity fees.
| Stocks: | $9.99 |
| Options: | $9.99 plus $0.75 per contract |
| Mutual Funds: | $49.99 |
ThinkOrSwim
https://www.thinkorswim.comThinkOrSwim is now owned by TD Ameritrade and is known for great customer service and versatile trading platform.
| Stocks: | $0.015 per share, $5 minimum |
| Options: | the lesser of $2.95 per contract OR $1.50 per contract plus $9.95 |
| Futures: | $3.50 per contract (inclusive of exchange fees) |
Trade King
http://www.tradeking.com/Trade King is known for there unmatched customer service and there low pricing structure.
| Stocks: | $4.95 |
| Options: | 65¢ per contract, $4.95 base; More than 8 contracts: 15¢ per contract, $8.95 base |
| Broker Assisted Trades: | $4.95 |
Trade Monster
https://www.trademonster.com/tradeMONSTER offers excellent trading tools and is known for there option to practice trading with virtual money first.
| Stocks: | $7.50 |
| Options: | $0.50 per contract, minimum $12.50 for single leg orders and $7.50/leg for multi-leg orders |
| Mutual Funds: | $15 to buy, $0 to sell |
TradeStation
http://www.tradestation.comTradeStation targets very active traders and is known for having one of the best trading platforms out of all online brokers.
| Stocks: | $0.01 per share, $0.006 per share thereafter, $1 minimum per trade |
| Options: | $1 per contract with no ticket charge and no minimum |
| Mutual Funds: | $14.95 |
Vanguard
http://www.vanguard.com/Vanguard is known for having one of the top mutual funds in the industry.
| Stocks: | $7 for the first 25 trades, $20 for subsequent trades for account with Less than $50,000; $7 for account with $50,000–$500,000 (Voyager Services®) |
| Options: | $30 plus $1.50 per contract |
| Mutual Funds: | $35 |
WellsTrade (Wells Fargo)
https://www.wellsfargo.com/investingWells Fargo is a world renound Bank and are known for there great independent research and low new account fees.
| Stocks: | $19.95; agent-assisted trading: $45.00 |
| Options: | $9.95 + $1 per contract |
| Mutual Funds: | $35 |
Zecco
https://www.zecco.com/Zecco is one of the cheapest online stock brokers in the industry and is known for being able to open an account in minutes with no money down.
| Stocks: | $4.95 |
| Options: | $4.95 plus $0.65 per contract |
| Mutual Funds: | $10 |
