ShareBuilder Trading Commissions
- Automatic Investments: Basic plan - $4 per investment
- Standard plan - $12/month, you get 6 automatic investments and each additional is $2
- Advantage plan - $20/month, you get 20 automatic investments and each additional is $1
- $9.99 per real-time stock/etf trade
- Options: Early Exercise - $30 per early exercise, no trade commission; Automatic Exercise -
$20 per automatic exercise, no trade commission
- Mutual funds: $19.95
ShareBuilder Important Fees and Surcharges
- IRA setup fee: $0
- Annual IRA fee: $25
- IRA termination fee: $0
ShareBuilder Pros
- Very low Automatic Investing Plans costs
- Free dividend and capital gains reinvestment
- No account minimum
- No setup and annual fee IRA and ESA accounts
- No inactivity or maintenance fees
- Ability to buy fractions of a stock
- $0 to open cash account, $2,000 for margin account
ShareBuilder Cons
- Real-time trades at $9.95 are expensive
- You don't know at what price you are buying investments with Automatic Investing Plans
- Terrible trading tools
- Slow executions
- Few mutual fund choices
ShareBuilder Account Types
- General Investing
- Individual Account
- Joint Account
- Retirement (IRAs
- Traditional IRA
- Rollover IRA
- Roth or Conversion IRA
- For a Child
- Education Savings Account (ESA)
- Education Savings Account (ESA)
ShareBuilder Review
ShareBuilder, which was bought by banking giant ING, is known for its automatic investing plans,
which allow investors to take advantage of dollar-cost-averaging by arranging to have a set amount invested daily,
weekly, biweekly or monthly. It also offers a rare feature of buying fractional shares, which could be beneficial
to those investors looking to invest in very high-priced stocks, like Berkshire Hathaway.
Minimum to open cash account is $0.
ShareBuilder has no minimum balance requirements, no inactivity or maintenance fees, unless you subscribe to one
of the monthly plans with a fee.
If you are looking to invest money automatically or dollar-cost-average your investments then you might give ShareBuilder
a shot. But remember: you don't know and don't have any control at what price you are getting your investments. This could
end up costing you dearly. If you want to buy stocks/ETFs at your price you will have to pay a steep $9.99 per trade.
ShareBuilder Promotional Code
Use link below to open new account with at least $25 to receive 25 credit (promo code 50wsb4).
ShareBuilder
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