Contrary to what many people believe you can open an IRA at any brokerage you prefer. If you already have a broker or financial planner they can set one up for you, but if you are investing on your own via an online discount broker then you can set yours up in just a few minutes… without the fees and expenses that come along with having a full time broker.
Below is a list of some of the online brokers that offer Roth, Traditional and a variety of other IRA accounts.
Whether it’s their low rates, premium trading tools or just their funny ‘E*Trade baby’ commercials, E*Trade has become the standard bearer when it comes to online brokers. Now when you sign up for a new account with E*Trade you can get up to $500 plus trade commission free for 60 days.
- Get up to $500 plus 60 days commission free
- No Annual Fee, No Minimums
- Rated 5 Stars By SmartMoney and Kiplinger’s
Click Here To Open An Account With E*TRADE
TradeKing is quickly becoming one of those most popular online discount brokerages with their $4.95 trades and wide assortment of investment options. With TradeKing you get access to a wide variety of investment tools, community forum and customer service that was rated #1 by SmartMoney for 2010 and 2011.
- $4.95 Stock Trades
- Free Investment Tools
- #1 Rated Customer Service
Click Here To Open An Account With TradeKing
Having been around since the early days of the internet, TD Ameritrade is one of the most respected online discount brokers. At $9.99 per trade they aren’t the cheapest broker but you can’t put a price on experience. If you fund your account now you can trade commission free for 60 days and get up to $600 dollars back.
- Free Independent Research
- Powerful Trading Tools
- Trade Free For 60 Days – Plus Up To $600 Back
Many people assume OptionsHouse is just for options traders, but don’t let the name fool you. OptionsHouse has one of the lowest commissions of any online discount broker at just $3.95 per trade. Want more? Now when you sign up for OptionsHouse you get 100 free trades when you fund your account.
- $3.95 Per Stock Trade
- Award Winning Trading Platform
- 100 Free Trades When You Sign Up
Click Here To Open An Account With OptionsHouse
Looking for a discount broker with really low commissions? Zecco features stock and ETF trades for just $4.95 per trade. Plus get streaming quotes, stock screeners, mobile trading and even forex trades. Sound good? Then Zecco is your discount broker of choice.
- $4.95 Trades
- Advanced Research Tools
- Great Customer Service
Click Here To Open An Account With Zecco