Author Topic: Reference: TDAmeritrade no-trading fee ETFs by Vanguard / morningstar box  (Read 2809 times)

SpicyMcHaggus

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My Roth is thru TDAmeritrade, and I have been slowly converting to Vanguard funds. I hate paying $10 per trade, so have started with the Fee-Free ETFs by Vanguard. Below is a MorningStar ratings box with Vanguard funds that you can trade without paying the $10 trade fee if your broker is TDAmeritrade.  Ignore highlighting--those are funds I owned already.



« Last Edit: January 27, 2015, 01:28:38 PM by SpicyMcHaggus »

gaspony

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I have my accounts with TD Ameritrade as well. The commission free ETFs are nice. You just have to remember not to sell a lot within 30 days or you get a $19.99 frequent trading fee. I got hit with this when I did some tax loss harvesting last year but I wrote them and told him I made a mistake and would they have mercy on me aNd they refunded the fee as a courtesy.

GGNoob

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I have my accounts with TD Ameritrade as well. The commission free ETFs are nice. You just have to remember not to sell a lot within 30 days or you get a $19.99 frequent trading fee. I got hit with this when I did some tax loss harvesting last year but I wrote them and told him I made a mistake and would they have mercy on me aNd they refunded the fee as a courtesy.

I got charged the fee once in an IRA because I thought I was after 30 days but I was on the 30th day. They wouldn't refund the money when I asked them to.

However...in my recently opened self directed brokerage account for my 401k, I forgot to enroll for the commission free ETFs (thought I had but that was in my 457 SDBA). I made 5 purchases before realizing I was getting charged a fee and they refunded the commission fees on all 5 trades after I explained I forgot to sign up.

I'm happy with the ETFs they offer. The only one I would rather have would be VXUS instead of VEU because its 0.01% cheaper. But to make things simple with my overall portfolio, I also now invest in VEU in my Vanguard accounts.

SpicyMcHaggus

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These are both good points. For TDAmeritrade:

The list of commission free funds is subject to change.
You must hold the ETF for a period of time (i'm a buy and hold, so not concerned).
You must enroll in the Fee-Free ETF program (it's free and easy).

hodedofome

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If you have an account with vanguard you can trade Vanguard ETFs commission free, and I don't believe there's a minimum time limit to hold them either. I moved my Roth and IRA from TDA for that very reason.

SpicyMcHaggus

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If you have an account with vanguard you can trade Vanguard ETFs commission free, and I don't believe there's a minimum time limit to hold them either. I moved my Roth and IRA from TDA for that very reason.

Excellent information. I am going to look into that, and if I can come to closing out my non-vanguard holdings, I may do that.