Schwab ETF OneSource now offers commission-free ETFs from 16 providers, including ALPS, Deutsche Asset Management, Direxion, ETF Securities, Global X Funds, Guggenheim Investments, IndexIQ, John Hancock Investments, J.P. Morgan Asset Management, OppenheimerFunds, PIMCO, PowerShares, State Street Global Advisors SPDR® ETFs, USCF, WisdomTree and Charles Schwab Investment Management. OneSource was expanded in January.
The Firstrade commission-free platform features 703 ETFs, more than three-quarters of which have received a Morningstar Rating three, four or five stars. In September, Firstrade pared its commission for stocks, ETFs and options from $4.95 to $2.95 per trade.
In addition to ETFs from, Vanguard, iShares, SPDR State Street and First Trust, the Firstrade platform features ETFs commission-free from ARK, WisdomTree, PIMCO, Global X and VictoryShares, among others.
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