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Subject:  Re: IRA Direct Transfer - Questioning my Decisi Date:  5/10/2013  10:11 AM
Author:  aj485 Number:  72221 of 88529

Vanguard is good and I have a mutual fund IRA there, but although better than they used to be, they're brokerage fees and commissions are still higher than Fidelity's.

Actually, as someone who doesn't trade a lot, I find Vanguard to be lower for stocks, and for ETFs, it depends on which ones you are buying, as they each have their own selection of 'commission-free' ETFs. For bonds, Fidelity has better commissions.

Fidelity's stock commissions are $7.95/trade.

If you have less than $50k at Vanguard, for the first 25 trades each calendar year, they charge $7, and then increase to $20, so it's only if you make more than 26 trades in a year that Fidelity nets out less expensive. If you have more than $50k at Vanguard, you will always get $7 trades, and depending how much you have, you could get $2 trades, or even free trades.

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