The Average Cost of Online Trading
Maybe you do not know that ... To maximize investment returns, an investor should always be aware of costs involved in trading stocks and try to minimize it as much as possible. We took a look at fifteen popular online brokerages and we’ve identified typical fees that contribute to the average cost of investing in stocks. The set of brokerages in our study includes: Sharebuilder, Firstrade, optionshouse, Merrill Edge, TD Ameritrade, SogoTrade, e*Trade, Charles Schwab, Scottrade, Fidelity, Tradestation, TIAA-CREF, Wells Trade, T. Rowe Price and TradeKing. Average Cost of Trading Online Average Trading Fees Average Account Maintenance Fees Average Cost of Trading Online There are three main types of costs associated with opening and using an online brokerage account to trade stocks or ETFs: trading fees, account maintenance, and other variable fees. The table below lists the averages we've found based on the set of 15 popular online brokerage accounts...