What is commission-free trading?

Commission-free trading means that there is no fee for placing a trade. Typical commissions with other brokers are between $5 and $50, depending on the services and equities on offer, so removing these can really make a difference. Commission-free trading relieves investors from one of the costs that ultimately reduce their overall profit margin.

What does commission free mean?

For example, Ally Invest has several commission-free offerings through its Self-Directed Trading. So what does commission free really mean? It’s all in the name. Commission free means that you don’t pay any commissions on your trades. And when you don’t have to pay commissions, you have more money left over to invest.

Is commission-free investing right for You?

Commission-free investing can be a good option for all types of investors, beginner, experienced or in between. The key benefit of commission-free investing is that more of your money goes towards your investments instead of commissions. However, as mentioned above it’s important to understand how the platform can provide commission-free trading.

Are there commissions for online stock trades?

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. Most major online brokers have eliminated commissions for online stock trades.