Compare What's Important to You |
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optionsXpress |
TD Ameritrade |
Schwab |
E*Trade |
Fidelity |
Scottrade |
| Barron's Score1 |
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| Options |
| Equity or Index Market Orders |
$1.50/contract or $14.95 minimum
$1.25 after 35 trades6 |
$9.99 base + $0.75/contract |
$8.95 base + $0.75/contract |
$12.99 base + $0.75/contract |
$19.95 base + $0.75/contract |
$7.00 base + $1.25/contract |
| 10 Contracts (Limit Order) |
$15.00 |
$17.49 |
$16.45 |
$20.49 |
$27.45 |
$19.50 |
| 20 Contracts (Limit Order) |
$30.00 |
$24.99 |
$23.95 |
$27.99 |
$34.95 |
$32.00 |
| Exercise and Assignment |
$14.95 |
$19.99 |
Subject to corresponding online commission |
$19.99 |
Online stock rates apply |
$17.00 |
| Futures |
| Futures Contracts2 |
as low as
$2.99/contract |
Not Available |
Not Available |
Not Available |
Not Available |
Not Available |
| Options Contracts |
as low as
$5.99/contract |
Not Available |
Not Available |
Not Available |
Not Available |
Not Available |
| Other |
| Stock |
$14.95 or
$0.015/share over 1,000
$9.95 after 9 trades3 |
$9.99 unlimited shares |
$12.95 + $0.015/ share over 1,000 |
$12.99 + $0.015/share over 2,000 |
$19.95 + $0.015/ share over 1,000 |
$7.00 unlimited shares for stocks over $1 |
| Broker-Assisted |
Same rates |
$44.99 + $0.75/contract |
$25.00 + online commission |
$45.00 + online commission |
$55.00 + $2.25/contract |
$27.00 + $1.25/contract |
| Mutual Funds4 |
$14.95 |
$49.99 |
Up to $49.95 |
Up to $19.99 |
$75.00 |
$17.00 |
| Margin Interest5 |
6.50% |
9.50% |
8.95% |
7.99% |
9.33% |
9.25% |
| Streaming News |
Free
|
$29.99/Mo. |
No |
No |
No |
Free |
| Inactivity Fee |
$0 |
$0 |
$0 |
$40/qtr |
$0 |
$0 |
1 Best Online Broker 3/6/06, 3/7/05, 3/8/04, 3/10/03, and one of Barron’s Best Online Brokers 3/3/07, based on: Trade Experience; Trade Tech; Usability; Offerings; Research; Portfolio Analysis; Customer Service/Access; Costs. Barron's is a registered trademark of Dow Jones & Company © 2009.
2 Commission rates depicted in the table above are quoted on a per-contract, per-side basis. The table above does not include customary NFA and exchange fees, or our $.50 futures transaction fee or $.75 futures options transaction fee. Additional fees may apply at some foreign exchanges.
3 $.01 per share @ 1,001 shares and above
4 Based on a $7,500 principal investment in a no-load fund, may exclude any additional fees. Some of the above firms may waive mutual fund commission on certain qualifying funds or if certain investment criteria are met.
5 Rate based on $7,500 debit balance
6 Qualified active trader customers must maintain 35 or more trades per quarter and pay $1.25 per contract $12.95 minimum for option trades. Active trader rate is not available for Xecute™ services.
Disclosure
Competitor prices are based on basic services and were obtained
on 2/5/2008 and are believed to be accurate but not guaranteed. Some of the above firms may offer reduced commissions or waive fees, including but not limited to inactivity or maintenance fees or provide additional services, if certain account activity and/or account balance criteria are met.
Futures involve substantial risk and are not appropriate for all investors. Please read Risk Disclosure Statement for Futures and Options prior to applying for an account. |