I hold a lot of our index funds at the big names… Vanguard, Fidelity, and Charles Schwab, but I’m looking specifically for discount brokers here for the ETF to pick it up on the cheap.
I’m evaluating all the discount brokers based on cheap trades, account fees, ability to easily transfer in and out of, and how IRA friendly they are. Of course, low minimum account balances are nice too, since I like to move my money around. Based on those requirements, I came up with the list below.
The other important piece in finding the best discount brokers is getting your input. I have accounts at half of these, but not the others. However, with the OptionsXpress $100 Sign Up Bonus, I’ll probably open an account there soon.
So tell me, which is your favorite discount broker? Feel free to leave comments why you like or dislike each.
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