Should you switch to a commission-free trading platform?

Commission-free trading platforms can be a great option for active traders to save money on their trading commissions. If you’re currently paying for stock, ETF, or mutual fund trades, consider switching to one of our best commission-free trading platforms listed above. Just remember, free trading doesn’t mean you should trade more often.

Are commission-free trades a good thing for investors?

So commission-free trades are almost certainly a good thing for investors. Still, don’t necessarily think that they offer an excuse to trade more as that may hurt more than it helps.

What is a free trading platform?

The term ‘free trading platform’ is typically used to describe an online broker that allows you to trade without paying any commission or dealing fees. You might also find that your chosen free brokerage platform doesn’t charge anything to open an account, deposit or withdraw funds, or use its demo trading facility.

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.