TOP Exchange Traded Fund ETF Brokers for 2021

We found 11 online brokers that are appropriate for Trading Commission Free Etf.

Best Commission Free Etf Guide

Updated September 21, 2021

Commission Free ETF

Trends of investments in the financial market keep on changing and the latest is commission free ETF.

There is hardly any information as to which brokerage firm or broker first started offering commission free ETFs, but for the past few years more and more agencies have started luring more and more new trading clients with ETFs.

It is a boom to ETF investors. It sounds good. However, commission free ETFs may not mean completely zero costs.

How Commission Free ETFS Work

Apart from commissions there are fund expenses associated with the ETFs and hence it is suggested to understand how the commission free ETF works. It is better to know the fees and expenses prior to investing.

Let us discuss here with details how the new trend of commission free ETF works.

ETFs or exchange-traded funds are like mutual funds but traded on exchanges similar to stocks.

This means any buy or sell is entitled to a transaction fee. Frequent buying and selling means more fees associated with it.

The fees/commissions are somewhat between £10 and £20 for each transaction. Hence, the fees can be really expensive if buying and selling is frequent.

This is the reason most of the traders look for commission free ETF to save money and hence the trend of this new idea is high.

Almost all the brokerage firms and companies today offer commission free ETF. They call it NTF or “no transaction fee”. However, they charge a commission on sales of the ETFs.

Some fund companies also offer their own ETFs with NTF but with a hidden cost. They charge if ETFs are bought from rival firms.

It is not always a smart move to look for a commission free ETF as the trading costs could rise high if the buying or selling is done through a rival company.

ETFs are similar to commodities with same objective and same benchmark. Hence, the best are those which have the lowest expenses.

ETF Example

Let us understand with an example. Assume a trader has an account with Vanguard and is looking for S&P 500 Index ETF. The best way for him is to buy it as commission free ETF from Vanguard.

When to Avoid Commission Free ETFs

There are a couple of valid reasons to avoid commission free ETFs. Firstly, it makes no sense when fees are charged on holding the account. But this is subject to less frequent trades. If bought and sold frequently, the expenses could rise.

Secondly, commission free ETF should be avoided if the trading cost is more than the value of buying along with holding of the ETF.

Suppose a trader buys and holds at a firm and the ratio of the costs incurred is low but charges £10 per trade. For monthly investors this may not make sense.

Let us take another example. Suppose a trader has an IRA at Schwab and looks buying shares of a category of ETF available at iShares or Vanguard. If £100 ETF is bought monthly, the expenses may be £8.95 per month. This is about 9% for buying it.

Points to Note

Most of the ETFs are well managed index funds tracking same indices. So there is no point buying from such firm that Charges commission.

If the ETF holds the same stocks similar to S&P 500 Index, why pay a commission or fee.

A commission free ETF helps in saving more cash but it is suggested to find out whether there is any other fee attached to it.

A brokerage firm may lure retail clients to commission free ETF without disclosing that there is higher expense ratio attached that may be even more than the commission.

Furthermore, it is important to note that thinly traded ETFs or new ETFs may have higher costs compared to widely-traded ETFs.

Traders usually pay higher costs for a wider bid/ask spread while buying thinly-traded ETF. Hence, it is suggested to always look for low-cost ETFs.

Commission Free ETFs Verdict

We just briefed what a commission free ETF is and what the pros as well as cons are of the new trend.

The financial market is highly unpredictable. It is never in a stable phase. Hence, the priority of investors or traders should be to reduce the cost of trading to as much possible.

It is not a hidden secret that many brokerage firms have emerged with new ideas to drop the cost of trading to the lowest level to attract customers.

But they must run their businesses and business always needs a running or rolling capital. This is the reason they try to pocket money from customers through various means rather than just the commission.

Here comes the policy of hiding some important facts. They reveal offering commission free ETF but you find out more from them and whether it is really commission free ETF.

We've collected thousands of datapoints and written a guide to help you find the best TOP Exchange Traded Fund ETF Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best commission free etf below.

Reputable Commission Free Etf Checklist

There are a number of important factors to consider when picking an online Commission Free Etf trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Commission Free Etf.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Commission Free Etf of 2021 compared

Here are the top Commission Free Etf.

Compare Commission Free Etf min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are commission free etf. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more commission free etf that accept commission free etf clients

Broker XTB AvaTrade XM Plus500 Trading212 SpreadEx Admiral Markets.com IB LCG IG
Rating
Regulation Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
Min Deposit No minimum deposit 250 5 100 1 1 200 250 10000 100 No minimum deposit
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 250,000+ 200,000+ 3,500,000+ 15,500+ 15,000,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+ 239,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
Accounts
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Demo account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps Web Trader, NinjaTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
xtb
Sign Up with
avatrade
Sign Up with
xm
Sign Up with
plus500
Sign Up with
trading212
Sign Up with
spreadex
Sign Up with
admiralmarkets
Sign Up with
marketscom
Sign Up with
interactivebrokers
Sign Up with
londoncapitalgroup
Sign Up with
ig
Risk Warning 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 72% of retail investor accounts lose money when trading CFDs with this provider Your capital is at risk 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits Your capital is at risk Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Demo XTB
Demo
AvaTrade
Demo
XM
Demo
Plus500
Demo
Trading 212
Demo
SpreadEx
Demo
Admiral Markets
Demo
Markets.com
Demo
Interactive Brokers
Demo
London Capital Group
Demo
IG
Demo
Excluded Countries US, IN, PK, BD, NG , ID, BE, AU BE, BR, KP, NZ, TR, US, CA, SG US, CA, IL, KR, IR, MM, CU, SD, SY MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US, CA US, TR US, CA, JP, SG, MY, JM, IR, TR AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR US US, CA, NZ, JP, BE US, BE, FR, IN, IL, PL, ZW


All Commission free etf in more detail

You can compare Commission Free Etf ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Commission Free Etf for 2021 article further below. You can see it now by clicking here

We have listed top Commission free etf below.

Commission Free Etf List

XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
IB
(3/5)
Min deposit : 10000
Interactive Brokers was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits Interactive Brokers offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, NinjaTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
LCG
(3/5)
Min deposit : 100
London Capital Group was established in 1996 and is used by over 10000+ traders. Your capital is at risk London Capital Group offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
IG
(2/5)
Min deposit : 0
IG was established in 1974 and is used by over 239000+ traders. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. IG offers Forex, CFDs, Spread Betting, Share dealing.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)

Learn more Learn more about XTB.
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.