Fidelity Announces Free Trading; Is an ETF Supermarket the Next Step?
Tuesday, February 2nd, 2010
Tom Lydon (ETF Trends) submits:
The ETF price war has a new combatant: Fidelity. On the heels of Charles Schwab’s lead, the mutual fund provider has slashed what it costs to buy stocks and ETFs through its online brokerage platform.
Fidelity has lowered its commission to $7.95 on trades through its site. And if you opt to trade certain iShares ETFs, commissions are completely free. The 25 iShares funds offered up for commission-free trading cover a range of major indexes and asset classes, including:
