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Lowest mutual fund commissions: compare brokerages with cheapest mutual fund trading fees.
Below we are listing stock brokers with the lowest mutual fund commissions in the industry.
All brokerage houses in the list below are members of FINRA/SIPC.
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No-load, no-transaction fee funds (NTF program) - free.
No-load funds (not in NTF program) - $17.00.
Load funds are free to buy and $17.00 to sell.
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Scottrade
Scottrade is a veteran discount brokerage firm and it is a very solid and well-established company with
flat rate trading commissions.
Scottrade keeps clients happy by not charging fees: like IRA setup and maintenance fees, account
inactivity fees. It is consistently rated top in customer service and investor satisfaction.
We believe that Scottrade is an excellent choice for beginner investors, those who invest in mutual funds or
long-term, "buy and hold" investors (because of free NTF program mutual funds and no account inactivity fees).
Scottrade Review
Open Scottrade Account
Scottrade
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Buy - $15.00, sell - free.
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TradeMonster
TradeMonster offers great price for trading mutual funds: just $15.00 to buy and sale is free.
Barron’s magazine rated TradeMonster as a 4.5 star (out of 5) brokerage
on their trading platform, usability, research and educational resources, portfolio analysis and reporting
tools.
TradeMonster is a great choice for those looking to invest in mutual funds, for beginners or,
since there are no fees, for IRA accounts.
TradeMonster Review
Open TradeMonster Account
TradeMonster
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Buy - $9.95. Sell - $9.95.
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OptionsHouse
OptionsHouse has $9.95 flat-rate commission to buy and sell mutual funds.
The firm currently offers around 1000 networked, no-load mutual funds to choose from.
OptionsHouse has no account balance minimums, no minimum number of trades and no volume requirements
to get these mutual funds trading commissions.
Barron's magazine rated OptionsHouse 4.5 stars (out of 5) in trade experience and "#1 for Options Traders"
in 2009 online stock broker survey.
Optionshouse Review
Open OptionsHouse Account
Optionhouse.com
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