| Comparison Chart - Online Brokers |
Online Broker
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Minimum to Open
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Commissions
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Maintenance or inactivity fees
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Fidelity
Where to Buy
(http://www.fidelity.com)
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$2,500
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$19.95 equity trades for those with balances less than $50,000.
$10.95 equity trades for those with balances between $50,000 and $1,000,000.
$8 trades for those with $1,000,000 or more in assets.
1,400 NTF (no transaction fee) mutual funds.
No transaction fee for Fidelity mutual funds. Most other funds incur a $75 fee when you buy or exchange into (no fee to sell).
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No
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TD Ameritrade
Where to Buy
(http://www.tdameritrade.com)
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No minimum
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$9.99 stock trades
NTF funds available; no-load funds are offered for $49.99 per transaction.
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No
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Scottrade
Where to Buy
(http://www.scottrade.com)
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$500
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$7.00 equity trades.
NTF funds available; no-load funds incur $17 fee for buy/sell/exchange.
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No
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ShareBuilder
Where to Buy
(http://www.sharebuilder.com)
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No minimum
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$15.95 for real-time trades. $4 per automatic investment trade.
You can trade equities and exchange-traded funds, but not mutual funds.
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No
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