Vanguard at a glance

Overall
3.0 NerdWallet rating
Account minimum
$0; however, fund minimums start at $1,000
Stock trading costs
Vary by assets invested in Vanguard funds and ETFs:
• Less than $50,000: $7 per trade for first 25 trades each year, $20 thereafter.
• $50,000 to $499,999: $7 per trade.
• $500,000 to $999,999: $2 per trade.
• $1 million to $4,999,999: First 25 trades each year are free, $2 thereafter.
• $5 million and up: First 100 trades each year are free, $2 thereafter.
Options trades
Vary by assets invested in Vanguard funds and ETFs:
• Less than $500,000: $7 + $1 per contract.
• $500,000 to $999,999: $2 + $1 per contract.
• $1 million to $4,999,999: First 25 trades each year are free, $2 + $1 per options contract thereafter.
• $5 million and up: First 100 trades each year are free, $2 + $1 per options contract thereafter.
Account fees (annual, transfer, closing, inactivity)
No closing, inactivity or transfer fees.
$20 annual account service fee for all brokerage accounts and IRAs. Waived for clients who sign up for statement e-delivery.
Commission-free ETFs
About 1,800 commission-free ETFs
Mutual funds
More than 3,000 no-transaction-fee mutual funds
Tradable securities
• Stocks.
• Bonds.
• Mutual funds.
• ETFs.
• Options.
• CDs.
Trading platform
None
Mobile app
Average, no mobile trading platform; ability to check account, transact, analyze portfolio, research.
Research and data
Average quality but free
Customer support options (includes website transparency)
Phone support Monday-Friday, 8 a.m.-10 p.m. Eastern; email support; no branches; can be difficult to find information on website.
Promotion
nw_star_rating rating="1.0" nerdwallet="true"]
None