Optionshouse - best brokerage firm for trading ETFs. Only $2.95 to buy/sell exchange traded funds.
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- Lowest flat-rate commissions
- No setup and annual fees IRAs
- Free check-writing
- Great trading tools
- No account minimums (minimum opening deposit is $1,000 for a cash account and $2,000 for a margin account)
- No surcharges for large orders, penny stocks and extended hours trading
- Not very intuitive for people new to investing
OptionsHouse offers great $2.95 flat commission for ETFs and stocks, as well as great cheap plans
for options traders. The firm has no account balance minimums, no volume requirements and
no minimum number of trades to get these low commissions. OptionsHouse has no IRA setup or maintenance
charges and the firm's customer service is very good. These are the reasons we believe OptionsHouse
is the best ETF broker for people looking to invest in exchange traded funds.
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