Best Brokers for Free ETFs

You won’t pay a commission, but you may get hit with a fee if you sell too soon.

The appeal of exchange-traded funds is undeniable: low fees, predictability and transparency. Now you can add one more plus: Big online brokers are fighting fiercely for customers by letting them trade certain ETFs without commissions.

The broker war heated up with Fidelity’s announcement that it would more than double the number of ETFs it offers commission-free. But Fidelity caused a stir when it said it would soon start charging clients a fee if they sold a “free” ETF within 30 days of purchase.

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Anjelica Tan
Reporter, Kiplinger's Personal Finance
Tan joined Kiplinger in June 2012 from Bloomberg News, where she was a reporting intern covering mergers and acquisitions and IPOs in New York. Prior to that, she worked as a production intern at CNN in Washington, D.C., where she assisted with political research and live broadcasts. She also covered financial regulation, including the Dodd-Frank Act, as a reporter for the Medill News Service. Before that, she wrote about economics and commodities in Chicago. She has written for the New York Times, MarketWatch,, United Press International and the San Francisco Chronicle. She holds a BBA in finance from the University of Michigan and an MS in journalism from Northwestern University.