Mutual Fund Trading

Compare Mutual Fund Trading

Ally Invest

Mutual Fund Trading:
- $0 to buy/sell load mutual funds
- $0 to buy/sell no load mutual funds

Ally Invest offers some of the lowest fees among online brokerages. It has a wide product variety, a great trading platform, and great research tools. Before you go with Ally, though, find out how Ally Invest works to find out if it's the best discount broker for you... Read full review

Webull

Mutual Fund Trading: No

Pros:

No trade fees
Advanced research tools
Extended trading hours
Offers fractional shares

Cons:

Not beginner friendly

Our Review: (4.2) Webull offers $0 trades for stocks, ETFs, and options. But it's not perfect. Find out if Webull fits your investing needs... Read full review

Charles Schwab

Mutual Fund Trading: $0 for funds from Schwab Mutual Fund OneSource and up to $74.95 per purchase for all other funds

Pros:

Vast selection of commission-free ETFs and mutual funds
2 platforms (one for beginners and one for advanced traders)
24/7 customer service including online chat

Cons:

Commission costs on mutual funds outside of the commission-free funds
Robo-advisor option requires a minimum investment of $5,000

Our Review: (4.2) Charles Schwab is one of the oldest names in the world of investing. With low fees, no account minimums, and robust research tools, it's a good brokerage for all levels of investors... Read full review

Moomoo

Mutual Fund Trading: No

Pros:

Commission-free trading
Free paper trading
Access to Hong Kong and Chinese investments

Cons:

May be overwhelming for beginners
No forex, bonds, mutual funds, or crypto

Our Review: (4.4) Moomoo can help you invest your money in U.S. and international markets. But will it suit the way you like to trade?... Read full review

OANDA

Mutual Fund Trading: No

Pros:

$0 minimum
Exceptional customer service
User-friendly platform

Cons:

Only 1:50 leverage
Slow withdrawal processing
Incomprehensive educational videos

Our Review: (4.3) OANDA is one of the leading forex and CFD trading providers. But what does it offer? Read on to discover how OANDA elevates your trading journey... Read full review

Vanguard

Mutual Fund Trading: $0 for Vanguard mutual funds

Robinhood

Mutual Fund Trading: No

Pros:

Commission-free trades
No minimum
Extended trading hours

Cons:

Limited research
No mutual funds & bonds

Our Review: (4.1) Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons... Read full review

Acorns

Mutual Fund Trading: No

Pros:

No minimum to open account
Invest with spare change
Cash-back program

Cons:

Fees are high for small balances
No tax benefits
Limited investment options

Our Review: (4.1) Acorns automatically invests your spare change. But can it help make you money? Find out if this app is safe and legit... Read full review

eToro

Mutual Fund Trading: No

Pros:

Copy actions of top traders
Virtual practice account

Cons:

Slow customer service response time

Our Review: (3.8) eToro is a stock and crypto exchange known for its CopyTrading feature. Find out if it's worth the fees and how it compares to other platforms... Read full review

M1 Finance

Mutual Fund Trading: No

Pros:

Choose your own investments
Can invest in individual stocks
Morning and afternoon trade windows

Cons:

No research
No human advisors
Platform fee

Our Review: (3.9) Is M1 Finance legitimate and safe? Find out the pros, cons, fees, and more. An essential read for beginners interested in M1 Finance... Read full review

Public.com

Mutual Fund Trading: No

TradeStation

Mutual Fund Trading: $14.95 per transaction

Interactive Brokers

Mutual Fund Trading: $0 for no-transaction-fee funds. For transaction-fee funds, 3% trade value OR $14.95, per transaction, whichever is less

Pros:

Large number of investments, including options, futures, and forex
Customize trading platform
Tools and opportunities for research

Cons:

Platform can be too much for a beginner to understand
Complicated pricing structure

Our Review: (4.3) Interactive Brokers offers a robust trading platform that experienced traders favor due to its competitive fee structure and extensive range of trading options... Read full review

E*TRADE

Mutual Fund Trading: $0 for no-load, no-transaction-fee funds; $19.99 for transaction-fee funds

Pros:

Expansive set of resources and tools
Easy to use website
Industry leader

Cons:

Trade fees

Our Review: (4.2) E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares... Read full review

ZacksTrade

Mutual Fund Trading: $27.50 (Greater than $1 per share)

Merrill Edge

Mutual Fund Trading: $0 for no load, no-transaction-fee funds ($39.95 short-term redemption fee if the fund is held less than 90 days) $19.95 for no load, transaction-fee funds

TD Ameritrade

Mutual Fund Trading: Up to $49.95 or $74.95 for buys. $0 for sells

Fidelity

Mutual Fund Trading: Yes

Pros:

$0 monthly service fee
No minimum balance
Free debit card

Cons:

Relatively low APY
Few physical branches

Our Review: (4.0) Fidelity boasts an all-around account with no fees and a decent APY. But there's even more to discover. Keep reading... Read full review

Mutual Fund Trading

Compare Mutual Fund Trading

Ally Invest

Webull

Charles Schwab

Moomoo

OANDA

Vanguard

Robinhood

Acorns

eToro

M1 Finance

Public.com

TradeStation

Interactive Brokers

E*TRADE

ZacksTrade

Merrill Edge

TD Ameritrade

Fidelity

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