Place Trade clients have the ultimate flexibility when it comes to investing! In addition to ETFs, clients have access to thousands of mutual funds to meet all of their investment needs.
Trade ETFs online through your Login to Place Trader Workstation (TWS) or work with your experienced full service advisor to develop a diversified financial plan that may incorporate exchange traded funds or traditional mutual funds into your investment portfolio. Learn more about state of the art trading platforms including Place Trader Workstation (TWS).
ETF Commissions and "Commission Free" ETFs
ETF Commissions are the same as our regular stock commissions. We do offer "commission free" ETFs as well however we believe that it is more important to find the appropriate ETF that is right for you than to simply look at the free commission status. Because we offer extremely low commission rates as well as verified best execution to our clients we believe that we are able to pass the very best overall lowest trading cost on to you.
Please keep in mind that whenever you hear "free" (at any company) it does not always mean that the best price is being passed on to you. We know that there is no such thing as a free lunch and we do not take rebates, soft dollars or any other type of payment in exchange for passing along "free trades." (We literally do not receive any compensation for offering these free ETFs but most firms do so please research the investments on their merits and do not get distracted by the free sign.)
*Investors should take special caution when using short and leveraged ETFs over and above understanding the risks of traditional ETFs. ETFs may involve substantially more risk than may be realized. ETFs and Traditional Mutual Funds are not the same type of investment. Please take time to learn and understand what you are investing in prior to making investment decisions. Review the prospectus or summary prospectus prior to investing.
View FINRA’s Investor Alert for more information on leveraged and inverse ETFs.