TD Ameritrade and Fidelity Slashing US Equity, ETF Trading Commissions
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TD Ameritrade and Fidelity Slashing US Equity, ETF Trading Commissions
Retail stock trading in the United States is about to get cheaper in 2017, with two key industry players, TD Ameritrade and Fidelity Investments, cutting their online equity and exchange-traded-funds (ETF) commissions for investors.
The trend has been seen at other rivals recently, including Charles Schwab, which also opted to decrease its trading commissions to $6.95 from $8.95. However, in a bid to underpin their respective rivals, both TD Ameritrade and Fidelity have also resorted to the same sort of discount for investors.
TD Ameritrade will be lowering its options pricing to $6.95 from $9.99 as well as $0.75 ... (read more)
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