The broker does notĬharge an inactivity fee for retirement accounts, although there is a $95 closeout fee. These include Rollover, Traditional, Roth, SEP, SIMPLE, and Spousal. TD AmeritradeĬlients pay $49.99 on both sides. Schwab charges $49.95 on the buy side, although there's no transaction fee on the sell side. However, the fees for trading other funds All of Voya's rivals in our surveyĪlso have mutual funds without loads and transaction fees. Selection of no-load, no-transaction-fee funds called FundVest. Load funds don't carry the transaction charge. The broker charges $6.50 on both the buy and sell sides for no-load All other brokers in this review offer exchange-traded funds free of charge. Voya clients can buy and sell ETFs according to the broker's regular commission schedule. Placed on-line and $25 when placed with help of a live broker. TD Ameritrade charges nothing for inactivity or closing an account. Trades are $0 representative-helped trades are $25. Placing a trade with a human broker costs $29.95.Ī brokerage account at Vanguard carries no special fees if it is signed up for e-delivery of statements. Schwab also has no account fees, and trades cost $0. Completing a trade with a Fidelity rep tacks on an extra There is also a $110 fee for closing an account.īy comparison, Fidelity has no inactivity or closing fee, and equity trades, both market and limit, are $0. Inactivity charge of $47 for a regular securities account. A Voya brokerage account also carries an annual Using a live broker carries a base charge of $37.50. There is also a surcharge of 1¢ for each share over 5,099 shares. Let's compare these firms against each other, and see how Voya measures up.įor self-directed accounts, Voya charges $8.50 for stock and ETF trades when placed as a market order. These include Fidelity, Schwab, Vanguard, and TD Ameritrade. Investors will find IRAs, CD's, mutual funds, and life insurance. Voya Financial offers brokerage accounts and a host of other products.
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