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To help you find the best brokers for ETFs in the US, we went ahead and did the research for you. First, we selected 89 quality brokers that are offering ETFs. We scrutinized their trading and non-trading fees, with special focus on ETF fees, inactivity fees and withdrawal fees. Then we examined their ETF selection, trading platforms and more. We dug deep, so you won't have to.

5 brokers made it to the top in 2021 in the US and we highly recommend all 5 to you. And now, without further ado...

Our top 5 picks for the best brokers for ETF trading in 2021 in the US:

  1. Zacks Trade is the winner. Low fees. Extensive stock and ETF selection. Great customer service.
  2. Interactive Brokers came second. Low trading fees. Wide range of products. Many great research tools.
  3. TD Ameritrade rounds out the top three. Low trading fees (free stock and ETF trading). Superb desktop trading platform. Great customer support.
  4. E*TRADE, numero quattro. Low trading fees (free stock and ETF trading). User-friendly mobile trading platform. Great research tools.
  5. Charles Schwab just made it to the list in fifth place. Free stock and ETF trading. Outstanding research. Great customer service.
Best brokers for ETFs in the US in 2021
Broker Info Score Best in
#1 Zacks Trade US discount broker 4.4
#2 Interactive Brokers US discount broker 4.8
#3 TD Ameritrade US-based stockbroker 4.8
#4 E*TRADE US stockbroker 4.8
#5 Charles Schwab US discount broker 4.8

What makes a good broker for ETF trading? First, it needs to have fair fees. It's especially important that its commissions, inactivity fees and withdrawal fees are low or close to zero. It should also offer a great selection of exchanges and ETFs. Finally, it's a big plus if the overall profile of the broker - including its trading platforms, safety or account opening process - is solid.

These key factors are easy to list, but hard to figure out. We test brokers along nearly 500 criteria, using real accounts and real money. We know what's up.

Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country and your preferences, it will display the best relevant matches. Want more details? Compare brokers with the help of our in-depth comparison table.

And now, let's see the best brokers for ETFs in the US one by one, starting with the winner, Zacks Trade.

Zacks Trade Logo

#1 Best brokers for ETFs
Zacks Trade

4.4

Zacks Trade is a US-based discount broker and a division of LBMZ Securities. LBMZ Securities was founded in 1978 and is regulated by the top-tier US financial authorities SEC and FINRA.

LBMZ Securities's clearing and execution services are provided through Interactive Brokers, a global stockbroker regulated by many top-tier financial authorities globally.

If you're familiar with the services of Interactive Brokers, you might notice that many of Zacks Trade's services are the same. To sum up:

  • Zacks Trade has its own, different fee structure, product selection, educational tools and customer support.
  • The account opening and deposit/withdrawal processes, trading platforms and research tools are the same as at Interactive Brokers.

Zacks Trade is considered safe because it has a long track record and is overseen by top-tier regulators. 

Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees

Pros Cons
Low fees Complex desktop platform and research tools
Extensive stock and ETF selection Slow and complicated account opening
Great customer service Limited educational tools

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#1 Zacks Trade
ETF trading fees

Zacks Trade ETF trading fees are low.

It is not so easy to compare trading fees for ETF trading. So how did we do it at BrokerChooser? Instead of compiling long fee tables, we compared brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy ETF shares for $2,000, hold them for a week and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if applicable) and commissions for all brokers.

Here is the verdict:

Zacks Trade ETF trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0
UK ETF $16.8 $8.4 - - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

Zacks Trade ETF trading commissions
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0

Non-trading fees

Zacks Trade has low non-trading fees.

Zacks Trade non-trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Account fee No No No No No
Inactivity fee No Yes No No No
Withdrawal fee $0.0 $0.0 $0.0 $0.0 $0.0

Feel free to read more about brokerage fees if you want to expand yor knowledge.

#1 Zacks Trade
Markets and products
3.8

Zacks Trade offers international stocks, ETFs and bonds, which is fairly unique for a US broker, as well as US funds and options. However, you cannot trade futures or forex.
Zacks Trade stock and ETF market coverage
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Stock markets (#) 72 78 4 5 4
ETFs (#) 13,000 13,000 2,300 2,300 2,300
Zacks Trade markets and products in addition to stocks and ETFs
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Forex No Yes Yes No No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures No Yes Yes Yes Yes
Crypto No Yes Yes Yes Yes

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#1 Zacks Trade
Safety

Zacks Trade is regulated by top-tier financial authorities and offers a high level of investor protection, but is not listed on a stock exchange and does not hold a banking license.
Pros Cons
Majority of clients belong to a top-tier financial authority No negative balance protection
High level of investor protection Does not hold a banking license
Not listed on stock exchange

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#1 Zacks Trade
Web trading platform
4.5

The Zacks Trade web platform is simple and easy to use even for beginners.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Best brokers for ETFs - Zacks Trade trading platform
Zacks Trade trading platforms
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Web platform score 4.5 stars 4.5 stars 4.3 stars 4.5 stars 4.3 stars
Mobile platform score 3.8 stars 3.8 stars 4.8 stars 4.5 stars 4.2 stars
Desktop platform score 3.0 stars 3.0 stars 4.5 stars - 4.0 stars

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#1 Zacks Trade
Verdict

Zacks Trade is a great US discount broker. It is a division of LBMZ Securities, which is regulated by the SEC and FINRA.

On the plus side, Zacks Trade has low fees, outstanding stock and ETF selections and great customer service.

There are some drawbacks though, as its desktop trading platform and research tools are quite complex. The account opening is complicated and slow. Lastly, we missed some useful educational tools.

As Zacks Trade provides a demo account and doesn't require any minimum deposit, feel free to try it.

Zacks Trade
Summary Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash).
Fees score 4.2 stars
Recommended for Traders and investors looking for comprehensive research tools, a wide product selection and low fees

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Interactive Brokers Logo

#2 Best brokers for ETFs
Interactive Brokers

4.8

Interactive Brokers was founded in 1978 and is one of the biggest US-based discount brokers. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

As it has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. Having a long track record and publicly disclosed financials while being listed on a stock exchange are also great signs for its safety.

Recommended for traders looking for low fees and a professional trading environment

Pros Cons
Low trading fees Complicated account opening process
Wide range of products Complex desktop trading platform
Many great research tools High forex fees

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#2 Interactive Brokers
ETF trading fees

Interactive Brokers ETF trading fees are low.

It is not so easy to compare trading fees for ETF trading. So how did we do it at BrokerChooser? Instead of compiling long fee tables, we compared brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy ETF shares for $2,000, hold them for a week and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if applicable) and commissions for all brokers.

Here is the verdict:

Interactive Brokers ETF trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0
UK ETF $16.8 $8.4 - - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

Interactive Brokers ETF trading commissions
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0

Non-trading fees

Interactive Brokers has average non-trading fees.

Interactive Brokers non-trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Account fee No No No No No
Inactivity fee No Yes No No No
Withdrawal fee $0.0 $0.0 $0.0 $0.0 $0.0

Feel free to read more about brokerage fees if you want to expand yor knowledge.

#2 Interactive Brokers
Markets and products
5.0

Through Interactive Brokers, you can access an extremely wide range of markets, and all product types are available.
Interactive Brokers stock and ETF market coverage
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Stock markets (#) 72 78 4 5 4
ETFs (#) 13,000 13,000 2,300 2,300 2,300
Interactive Brokers markets and products in addition to stocks and ETFs
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Forex No Yes Yes No No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures No Yes Yes Yes Yes
Crypto No Yes Yes Yes Yes

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#2 Interactive Brokers
Safety

Interactive Brokers is regulated by several financial authorities, including top-tier ones like the SEC in the US and the UK's FCA. Its parent company is listed on the Nasdaq exchange.
Pros Cons
Listed on stock exchange None
Negative balance protection
Regulated by top-tier financial authorities

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#2 Interactive Brokers
Web trading platform
4.5

Interactive Brokers's web platform is simple and easy to use, even for beginners.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Best brokers for ETFs - Interactive Brokers trading platform
Interactive Brokers trading platforms
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Web platform score 4.5 stars 4.5 stars 4.3 stars 4.5 stars 4.3 stars
Mobile platform score 3.8 stars 3.8 stars 4.8 stars 4.5 stars 4.2 stars
Desktop platform score 3.0 stars 3.0 stars 4.5 stars - 4.0 stars

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#2 Interactive Brokers
Verdict

Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker mainly for advanced traders.

On the plus side, IB has low fees, a vast range of available markets and products, and diverse research tools

There are some drawbacks, though: there are high forex fees, and the account opening process is complicated. The desktop platform is complex and hard to get a handle on, especially for beginners.

If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers could be a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.2 stars
Recommended for Traders looking for low fees and a professional trading environment

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TD Ameritrade Logo

#3 Best brokers for ETFs
TD Ameritrade

4.8

This TD Ameritrade Review concludes that it is recommended for investors and experienced traders looking for solid research and a well-equipped desktop trading platform, the Thinkorswim platform.

It is one of the biggest US-based stockbrokers founded in 1975. As an online broker it is regulated by top-tier authorities like the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).

It is considered to be a safe broker as it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials, and is overseen by top-tier regulators.

Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform

Pros Cons
Low trading fees (free stock and ETF trading) You can trade only on US markets
Superb desktop trading platform Accounts mostly limited to US residents
Great customer support No credit/debit cards and electronic wallets for money transfer

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#3 TD Ameritrade
ETF trading fees

TD Ameritrade ETF trading fees are low.

It is not so easy to compare trading fees for ETF trading. So how did we do it at BrokerChooser? Instead of compiling long fee tables, we compared brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy ETF shares for $2,000, hold them for a week and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if applicable) and commissions for all brokers.

Here is the verdict:

TD Ameritrade ETF trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0
UK ETF $16.8 $8.4 - - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

TD Ameritrade ETF trading commissions
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0

Non-trading fees

TD Ameritrade has low non-trading fees.

TD Ameritrade non-trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Account fee No No No No No
Inactivity fee No Yes No No No
Withdrawal fee $0.0 $0.0 $0.0 $0.0 $0.0

Feel free to read more about brokerage fees if you want to expand yor knowledge.

#3 TD Ameritrade
Markets and products
4.0

You can trade many asset classes, from stocks to futures and forex, while nice extras include social trading and robo-advisory. On the other hand, only the US market is covered.
TD Ameritrade stock and ETF market coverage
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Stock markets (#) 72 78 4 5 4
ETFs (#) 13,000 13,000 2,300 2,300 2,300
TD Ameritrade markets and products in addition to stocks and ETFs
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Forex No Yes Yes No No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures No Yes Yes Yes Yes
Crypto No Yes Yes Yes Yes

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#3 TD Ameritrade
Safety

The brokerage is overseen by top-tier US regulators like the SEC and FINRA. You are covered by a high investor protection amount, but negative balance protection is not provided.
Pros Cons
Majority of clients belong to a top-tier financial authority No negative balance protection
High level of investor protection
Banking background

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#3 TD Ameritrade
Web trading platform
4.3

Pros Cons
User-friendly Limited customizability (for charts, workspace)
Two-step (safer) login
Good variety of order types
Best brokers for ETFs - TD Ameritrade trading platform
TD Ameritrade trading platforms
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Web platform score 4.5 stars 4.5 stars 4.3 stars 4.5 stars 4.3 stars
Mobile platform score 3.8 stars 3.8 stars 4.8 stars 4.5 stars 4.2 stars
Desktop platform score 3.0 stars 3.0 stars 4.5 stars - 4.0 stars

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#3 TD Ameritrade
Verdict

It is one of the biggest US online brokers. It charges no commission on stock and ETFs.

Research and education are outstanding, the Thinkorswim desktop platform is one of the best on the market. Customer service is great.

The drawbacks are that it charges high financing (margin) rates, and it doesn't accept credit/debit cards and electronic wallets for money transfers. Furthermore, the product portfolio covers only the US markets.

We definitely recommend giving it a try, especially as their education tools include a demo as well.

TD Ameritrade
Summary TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group.
Fees score 4.3 stars
Recommended for Investors and traders looking for solid research and a well-equipped desktop trading platform

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E*TRADE Logo

#4 Best brokers for ETFs
E*TRADE

4.8

E*TRADE is a US-based stockbroker founded in 1982. It is regulated by top-tier financial authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

E*TRADE is considered safe because it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials, and is overseen by top-tier US regulators.

In February 2020, E*TRADE was acquired by Morgan Stanley. To find out more about the motives behind the acquisition and about the wider market context, check out this article we wrote about the deal.

Recommended for investors and traders looking for solid research and a great mobile trading platform

Pros Cons
Low trading fees (free stock and ETF trading) Only US markets, no forex
User-friendly mobile trading platform Only bank transfer
Great research tools Slow live chat

Visit broker

#4 E*TRADE
ETF trading fees

E*TRADE ETF trading fees are low.

It is not so easy to compare trading fees for ETF trading. So how did we do it at BrokerChooser? Instead of compiling long fee tables, we compared brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy ETF shares for $2,000, hold them for a week and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if applicable) and commissions for all brokers.

Here is the verdict:

E*TRADE ETF trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0
UK ETF $16.8 $8.4 - - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

E*TRADE ETF trading commissions
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0

Non-trading fees

E*TRADE has low non-trading fees.

E*TRADE non-trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Account fee No No No No No
Inactivity fee No Yes No No No
Withdrawal fee $0.0 $0.0 $0.0 $0.0 $0.0

Feel free to read more about brokerage fees if you want to expand yor knowledge.

#4 E*TRADE
Markets and products
3.1

You can trade plenty of asset classes at E*TRADE from stocks to futures, but only on the US market; in addition, forex trading is not available.
E*TRADE stock and ETF market coverage
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Stock markets (#) 72 78 4 5 4
ETFs (#) 13,000 13,000 2,300 2,300 2,300
E*TRADE markets and products in addition to stocks and ETFs
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Forex No Yes Yes No No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures No Yes Yes Yes Yes
Crypto No Yes Yes Yes Yes

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#4 E*TRADE
Safety

E*TRADE is overseen by top-tier US regulators, and you are protected by a high investor protection amount, but there is no negative balance protection.
Pros Cons
Majority of clients belong to a top-tier financial authority No negative balance protection
High level of investor protection
Banking background

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#4 E*TRADE
Web trading platform
4.5

E*TRADE has a great, user-friendly web trading platform, offering a clear fee report among others. On the negative side, it cannot be customized.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Best brokers for ETFs - E*TRADE trading platform
E*TRADE trading platforms
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Web platform score 4.5 stars 4.5 stars 4.3 stars 4.5 stars 4.3 stars
Mobile platform score 3.8 stars 3.8 stars 4.8 stars 4.5 stars 4.2 stars
Desktop platform score 3.0 stars 3.0 stars 4.5 stars - 4.0 stars

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#4 E*TRADE
Verdict

E*TRADE is one of the biggest US stockbrokers, and is regulated by top-tier authorities.

At the end of 2019, riding the commission-free trading trend in the US, E*TRADE introduced zero commission on stock and ETF trades. E*TRADE's research functions are of high quality and channel a lot of tools, including trading ideas and strategy builders. We liked the easy handling and the customizable features of the mobile trading platform.

E*TRADE has some drawbacks though. It doesn't accept credit/debit cards and electronic wallets for money transfers, and its product portfolio covers only US markets. In addition, live chat support is slow.

As trading fees are generally low, research tools are great and no inactivity fee is charged, you should feel free to try E*TRADE.

E*TRADE
Summary E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research and a great mobile trading platform

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Charles Schwab Logo

#5 Best brokers for ETFs
Charles Schwab

4.8

Charles Schwab is a US discount broker that was founded in 1971 and is listed on the New York Stock Exchange.

It is regulated by several top-tier financial authorities, such as the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Recommended for investors and traders looking for solid research, low fees and great customer service

Pros Cons
Free stock and ETF trading High fees for some mutual funds
Outstanding research Only US/Canada markets available
Great customer service

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#5 Charles Schwab
ETF trading fees

Charles Schwab ETF trading fees are low.

It is not so easy to compare trading fees for ETF trading. So how did we do it at BrokerChooser? Instead of compiling long fee tables, we compared brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy ETF shares for $2,000, hold them for a week and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if applicable) and commissions for all brokers.

Here is the verdict:

Charles Schwab ETF trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0
UK ETF $16.8 $8.4 - - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

Charles Schwab ETF trading commissions
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
US ETF $1.0 $1.0 $0.0 $0.0 $0.0

Non-trading fees

Charles Schwab has low non-trading fees.

Charles Schwab non-trading fees
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Account fee No No No No No
Inactivity fee No Yes No No No
Withdrawal fee $0.0 $0.0 $0.0 $0.0 $0.0

Feel free to read more about brokerage fees if you want to expand yor knowledge.

#5 Charles Schwab
Markets and products
3.3

At Charles Schwab, you can trade a lot of different asset classes, from stocks to futures. Unfortunately, the product portfolio covers only US and Canadian markets.
Charles Schwab stock and ETF market coverage
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Stock markets (#) 72 78 4 5 4
ETFs (#) 13,000 13,000 2,300 2,300 2,300
Charles Schwab markets and products in addition to stocks and ETFs
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Forex No Yes Yes No No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures No Yes Yes Yes Yes
Crypto No Yes Yes Yes Yes

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#5 Charles Schwab
Safety

Charles Schwab is regulated by top-tier authorities like the SEC and clients enjoy high investor protection. Unlike with some European brokers, if you're trading on margin, there's no negative balance protection.
Pros Cons
Majority of clients belong to a top-tier financial authority No negative balance protection
High level of investor protection
Banking background

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#5 Charles Schwab
Web trading platform
4.3

Charles Schwab offers a good web-based trading platform with a clean design. On the negative side, the platform is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Price alerts
Best brokers for ETFs - Charles Schwab trading platform
Charles Schwab trading platforms
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Web platform score 4.5 stars 4.5 stars 4.3 stars 4.5 stars 4.3 stars
Mobile platform score 3.8 stars 3.8 stars 4.8 stars 4.5 stars 4.2 stars
Desktop platform score 3.0 stars 3.0 stars 4.5 stars - 4.0 stars

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#5 Charles Schwab
Verdict

Charles Schwab is one of the biggest discount US brokers, regulated by top-tier authorities.

It was one of the first brokers, starting in late 2019, to charge no commissions for stock and ETF trades. Its research is outstanding, covering many tools, including trading ideas, Morgan Stanley analyst reports on equities, and detailed fundamental data. Customer service is great, providing relevant answers within a short time.

It does have some drawbacks, though. Except for the around 4,000 mutual funds that are free to trade, mutual fund costs are high and the product portfolio covers only US and Canadian markets. Lastly, the educational platform is not well-structured.

As trading and non-trading fees are generally low, research tools are great and the account opening is seamless, feel free to try Charles Schwab.

Charles Schwab
Summary Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research, low fees and great customer service

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Best brokers for ETFs
Bottom line

We've shown you the details, now let's zoom out. Here are the best brokers for ETFs in the US in 2021:

Best brokers for ETFs in the US in 2021
Zacks Trade Interactive Brokers TD Ameritrade E*TRADE Charles Schwab
Overall score 4.4 4.8 4.8 4.8 4.8
Fees score 4.2 stars 4.2 stars 4.3 stars 4.4 stars 4.4 stars
Stock and ETF fee scores 4.6 stars 4.7 stars 5.0 stars 5.0 stars 5.0 stars
ETFs (#) 13,000 13,000 2,300 2,300 2,300
Deposit and withdrawal score 3.5 stars 3.5 stars 2.2 stars 2.2 stars 2.2 stars
Trading platform combined score 3.7 stars 3.7 stars 4.6 stars 4.5 stars 4.1 stars

Zacks Trade is our winner, the best broker for ETFs in the US. Low fees. Extensive stock and ETF selection. Great customer service.
We consider all of these brokers a great choice. Pick the winner or any runner-up, and take the next step in your investment journey. Let us know what you think in the comments section.
Still unsure which broker to choose? Use our broker finder tool to find the best broker for you, or learn more about investing your money.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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