An IRA is a great way to sock money away for the future and save on taxes now. Even better, it's as easy as 1-2-3 to open, fund, and manage. We'll show you how.
| SPECIAL DEALS | COMMISSION SCHEDULE | ACCT MINS | IRA FEES | |
|---|---|---|---|---|
| TD Ameritrade | Online Stock Trades Market/Limit Order: $9.99 Touchtone Phone Trades Market/Limit Order: $34.99 Broker Assisted Trades Market/Limit Order: $44.99 | Retirement (IRA) No Minimum | Maintenance None Account Transfer Out $25.00 Wire Out Fees $15.00 Certificate Fee $40.00 | |
| ShareBuilder | Automatic Investments As low as $1.00 ![]() Real-time Investments $6.95 | Retirement (IRA) No Minimum | Maintenance None ![]() Account Transfer Out $15 - $75 Wire Out Fees $30 Certificate Fee N/A | |
| Fidelity Investments | Online Stock Trades Market/Limit Orders: as low as $7.95 Details Touchtone Phone Trades Market/Limit Orders: as low as $12.95 Details Broker Assisted Trades Market/Limit Orders: as low as $32.95 Details | Retirement (IRA) $2,500 ![]() | Maintenance None ![]() Account Transfer Out $50 ![]() Wire Out Fees Fed wires may apply ![]() | |
Charles Schwab![]() | Online Stock Trades Market/Limit Orders: $8.95 Details Touchtone Phone Trades Market/Limit Orders: $13.95 Details Broker Assisted Trades Market/Limit Orders: $33.95 Details | Retirement (IRA) $1,000 | Maintenance $0 ![]() Account Transfer - Partial $25 Account Transfer - Full $50 Wire Out Fees $25 Certificate Fee $50 | |
Vanguard![]() | Online Stock Trades: Vanguard ETFs® trade commission-free ![]() Stocks and non-Vanguard ETFs: $7 for first 25 trades, $20 for subsequent trades Visit Vanguard.com to get commission rates and fees for options, bonds, CDs, and non-Vanguard mutual funds. | Retirement (IRA) $1,000 ![]() | Account Transfer Out $0.00 Wire Out Fees $0.00 Maintenance $20 annual fee for brokerage and mutual fund accounts, waived as described below ![]() | |
| Scottrade Inc. | Online Stock Trades Market/Limit Orders: $7.00 Touchtone Phone Trades Market/Limit Orders: $17.00 Broker Assisted Trades Market/Limit Orders: $27.00 | Retirement (IRA) $500 | Maintenance None Account Transfer Out $75 ![]() Wire Out Fees $25.00/$40.00 ![]() Certificate Fee $125.00 |
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- TD Ameritrade clients have access to foreign securities via exchanges in the United States and Canada. We currently do not trade on any other world exchanges.
- Pricing with ShareBuilder Advantage. Full fee information.
- The IRA Brokerage account fee has been eliminated (except for SIMPLE IRAs). Fund expenses and brokerage commission fees still apply. Depending on your situation, fees may include low-balance fees, short-term trading fees, and account closing fees.
- Applies to Brokerage accounts only.
- Excludes SEP-IRAs, SIMPLE-IRAs, Self-Employed 401(k)s, BDAs, Keoghs, Non-Prototype Retirement Accounts and HSAs
- Minimum equity account balance requirement. Margin trading involves risk and is not suitable for all investors. Assess your financial circumstances and risk tolerance prior to trading on margin. Margin credit is extended by National Financial Services, Member NYSE, SIPC.
- Minimum account balance waived for monthly contributions of at least $200 per month (does not apply to SEP-IRA or SIMPLE IRA accounts).
- May be subject to eligibility restrictions
- Fee does not apply to SIMPLE IRAs.
- Information as of 4/27/2012. Charles Schwab & Co., Inc., Member SIPC
- There are no fees to open or maintain your account. Other charges may apply. See the Charles Schwab Pricing Guide for Individual Investors ("the Guide") and any amendments to the Guide for comprehensive details on fees.
- International investments are subject to additional risks such as currency fluctuation, political instability and the potential for illiquid markets.
- Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options."
- Vanguard Brokerage Services is a division of Vanguard Marketing Corporation, Member FINRA. Vanguard Marketing Corporation, Distributor. © 2013 The Vanguard Group, Inc. All rights reserved. Obtain Prospectus.
- *Source: Lipper Inc. as of 12/31/2012. Based on 2012 industry average expense ratio of 1.11% and Vanguard average expense ratio of 0.19%. All investments are subject to risk. Vanguard provides its services to the Vanguard funds at-cost. Our funds cost you what they cost us.Vanguard Brokerage Services is a division of Vanguard Marketing Corporation, Member FINRA. Trading limits, fund expenses, and minimum investments may apply. Commissions and fees presented are standard rates and may vary by client segment. See the Vanguard Brokerage Services commission and fee schedules for full details. U.S. Pat. No. 6,879,964 B2; 7,337,138; 7,720,749; 7,925,573; 8,090,646. Vanguard Marketing Corporation, Distributor. Obtain Prospectus.
- A $20 annual account service fee is charged for Vanguard Brokerage accounts as well as each Vanguard mutual fund account with a balance under $10,000. The fee is waived for Voyager, Voyager Select, and Flagship clients as well as any client who elects to receive statements and other important information electronically.
- Applies only to Vanguard STAR® Fund and Vanguard Target Retirement Funds in non-brokerage accounts.
- Full account transfer.
- Domestic/International Note: Offers may be valid in the US only. The information and links on this page are provided for your convenience only. Compare online brokers and find out how to invest your money the best way you can. Our handy discount brokerage comparison chart shows you where to invest and includes great promotional offers. The Motley Fool is not a registered broker-dealer and does not endorse or recommend the services of any brokerage company. The information and services that can be accessed through these links are provided by the individual brokerage companies, not The Motley Fool. The brokerage company you select is solely responsible for its services to you, the user. The Motley Fool shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of a brokerage company's services. Please read our disclaimer.