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Anonymous

11 Dec 2019

General Investing

What is the best broker to do dollar cost averaging on USA index funds?

What is the best broker to do dollar cost averaging of the US index fund if i plan to have only 1 or 2 transaction per mth to execute the monthly purchase of index fund?

Discussion (4)

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I highly recommend Interactive Brokers. I was using TDAmeritrade but have since transferred all my holdings to IB because of the lowest comms!

You can use IB ($1 USD comms) or TDAmeritrade ($5 USD). IB has the advantage to trade in almost all exchanges.

Interactive Brokers would be the most cost effective way. It is only $1 USD per purchase. Can't find...

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