October 10, 2010 at 11:00 AM EDT
TD Ameritrade To Offer Commission-Free ETF Trading
As the ETF world continues to expand, more online brokerage houses are beginning to offer their clients commission-free trading on ETFs as a way to generate interest in these relatively new investment vehicles. Among the first firms to offer this program were Fidelity which currently offers 26 commission-free ETFs, Charles Schwab (11 ETFs), and Vanguard (47 ETFs in total). One popular online brokerage company that has been noticeably absent from this list is TD Ameritrade which currently has over six million U.S. accounts under management, however, this has finally started to change in recent weeks. While a few others may have beaten Ameritrade to the punch, the Omaha-based company is making up for lost time by offering a much wider-suite of commission-free ETF products to its clients. Ameritrade will be offering well over 100 ETFs– more than the other three combined– potentially generating a large amount of interest among small investors [...] Click here to read the original article on ETFdb.com. Related Stories: Fidelity To Offer Commission-Free Trading On 25 iShares ETFs Vanguard Announces Commission-Free ETF Trading Seven Surprising ETF Trading Stats
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