Introducing $0 commission trades
Zero reasons to invest anywhere else. With an industry-leading delivery on value, nothing is standing between you and your money.
Open an AccountValue you expect from ZenTrading
Commission-free trades
$0 for online US stock, ETF, and option trades.
Zero expense ratio index funds
Offering the industry's first Zero expense ratio index mutual funds offered directly to investors.
Industry-leading value
With no account fees and no minimums to open a retail brokerage account, including IRAs.
Trading fees
Stocks & Options
$0 per stock or options trade plus $0.65 per contract on options
ETFs
$0 per trade for ETFs
Bonds & CDs
$1 per bond or CD in secondary trading and free for US Treasuries traded online
The potential to save an average of $15 per bond
Mutual Funds
Zero expense ratio index mutual funds available
No minimums to invest – ZenTrading mutual funds. $0 for ZenTrading funds and hundreds of other funds with no transaction fees
Zero expense ratio index mutual funds
ZenTrading® ZERO Total Market Index Fund
ZenTrading® ZERO International Index Fund
ZenTrading® ZERO Extended Market Index Fund
ZenTrading® ZERO Large Cap Index Fund
Fee comparison
Comparison based upon standard account fees applicable to a retail brokerage account
| Service | ZenTrading | Schwab | Vanguard |
|---|---|---|---|
| Account service fee | $0 | $0 | $20 per year |
| Proprietary retail mutual fund investment minimums | $0 | $0 | $1000 – $3,000 Investor Shares |
| Mutual funds low balance fee | $0 | $0 | $20 per year† |
| Account transfer out | $0 | Full: $50 | $0 |
| Minimum initial investment | $0 | $0 | $0 |
| Late settlement fee | $0 | $25 | $0 |
| Bank wire | $0 | Online: $15, Paper: $25 | $10 |
| Insufficient funds | $0 | $25 | $20 |
| Stop payment | $0 | $0 | $15 |
| Bill payment | $0 | $0 | $4.95 per month‡ |
† On balances under $10K
‡ Requires $500K in Vanguard assets
* Certain waivers may apply
Planning and advice fees
ZenTrading Go®
Robo advisor service with automatic rebalancing
0.35% annually
Minimum: $10
ZenTrading Wealth Management
Dedicated advisor and comprehensive planning
0.50%–1.04% annually
Minimum: $500,000
ZenTrading Private Wealth
Premium wealth management for high-net-worth clients
0.20%–0.49% annually
Minimum: $2 million