Can you buy ETFs at ChoiceTrade?
ETFs, short for exchange-traded funds, are one of the greatest means to diversify your investments and profit from a bull market. Despite their immense popularity, not all brokers offer ETFs for trading. Let's find out whether you can trade these funds at ChoiceTrade, and if yes, under what conditions.
Great news, ETF trading is available at ChoiceTrade, under good conditions and with a great selection of available funds. Read on for more expert details on trading costs and comparisons to other market-leading brokers.
I've tested dozens of brokers in recent years with our analyst team, including their ETF trading features. Here's why I recommend ChoiceTrade for trading ETFs:
- ChoiceTrade has a strong ETF trading score based on fees and available products.
- ETF trading fees at ChoiceTrade are low.
- You can invest in 2,300 ETFs at ChoiceTrade.
- Check out how ChoiceTrade stacks up against the best brorkers for trading ETFs.
Before we begin, let's see if ChoiceTrade is available in your country
ChoiceTrade has a strong ETF trading score
Want to know if ChoiceTrade is a solid choice for trading ETFs? We broke it all down into a simple ETF score to help you decide. We looked at the trading fees they charge, how many different ETFs you can actually invest in through them, and just how good their overall services really are.
ChoiceTrade ended up with a strong ETF score of 4.0 stars . That's definitely above average compared to other brokers we've reviewed for ETF trading. Let us break it down a bit and and take a look at how ChoiceTrade stacks up against some of its closest competitors:
Broker | ETF score |
---|---|
ChoiceTrade | 4.0 /5 |
tastytrade | 4.3 /5 |
SogoTrade | 3.9 /5 |
ETFs are great tools to diversify your investments and profit from a range of assets, including stocks, bonds, commodities and real estate. If you feel you need to brush up your ETF trading skills, take a look at this ETF trading guide compiled by our analyst team.
ETF trading fees at ChoiceTrade are low
Fees are how brokers make their money at the end of the day. But here's the kicker - the charges can vary significantly between different brokers. One broker's fees could really nickel and dime you, while another might give you way better rates. Why all this obsession over fees?
Here's why. Let's say you want to invest $10,000 in an ETF that tracks the S&P 500. Broker A charges $4.95 per trade, while Broker B charges $6.95 per trade. That may not seem like a huge difference, but it adds up over time with repeated purchases or sales. If you invest just once per year for 30 years and pay those trading fees each time, you'd pay almost $1,500 more in total fees at Broker B versus Broker A. So while a few dollars per trade may seem trivial, they can significantly impact your overall returns when investing for the long haul.
ChoiceTrade has low costs for trading ETFs.
💰 ChoiceTrade ETF trading fees class | Low |
💰 ChoiceTrade withdrawal fee | $5 |
💰 ChoiceTrade minimum deposit | $100 |
💰 ChoiceTrade inactivity fee | Yes |
📃 ChoiceTrade deposit methods | Bank transfer |
Data updated on December 4, 2024
ETF selection at ChoiceTrade
Let's take a close look at the ETFs offered by ChoiceTrade. We want to see if their selection is good enough to meet the needs of different types of investors.
There are 2,300 ETFs available at ChoiceTrade, which is a vast amount to choose from. With this selection, you can more easily diversify your portfolio and spread your money across different areas.
Check out ChoiceTrade in detail and browse top alternatives
Want the inside scoop on what it's really like to trade with ChoiceTrade? Be sure to read BrokerChooser's ChoiceTrade review for 2024. We've done a super thorough analysis based on nearly 600 different data points and tested their platform ourselves with a real money account. By actually opening an account and making trades, we can give you the unvarnished truth about their trading conditions, fees, and overall service quality across the board. It's an honest, experienced take on ChoiceTrade instead of just marketing fluff.
Although ChoiceTrade is great for ETF trading, there could be even better options out there. See for yourself by browsing our top list of the best ETF brokers in your country.
Alternatively, if you want a broader comparison or have some specific other brokers in mind, you can use our broker comparison tool to size up brokers along many different criteria.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Diversifying your investments
- ChoiceTrade stock conditions explained
- Stock trading at ChoiceTrade: an expert guide and rating
- ChoiceTrade penny stocks trading conditions explained
- ChoiceTrade fractional shares trading conditions explained
- Are margin interest rates low at ChoiceTrade?
- ChoiceTrade cash interest rate
- ChoiceTrade ESG investing
- ChoiceTrade invest $100,000
- ChoiceTrade IPO accessibility
- ChoiceTrade Mexican stocks trading availability
- ChoiceTrade US stock trading details
- ChoiceTrade Australian stocks trading availability
- ChoiceTrade Canadian stocks trading availability
- ChoiceTrade Japanese stocks trading availability
- ChoiceTrade French stocks trading availability
- ChoiceTrade Italian stocks trading availability
- ChoiceTrade Swiss stocks trading availability
- ChoiceTrade Hong Kong stocks trading availability
- ChoiceTrade Dutch stocks trading availability
- ChoiceTrade Spanish stocks trading availability
- ChoiceTrade Singapore stocks trading availability
- ChoiceTrade Swedish stocks trading availability
- ChoiceTrade Norwegian stocks trading availability
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.