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Anonymous
Which brokerage platform offers the cheapest and safest way to buy an ETF that tracks the US indexes such as S&P500?
What are some of the best brokerage platforms to invest in the S&P 500? What are the pros and cons of each? What are the unique selling points of each brokerage?
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TD will be better as there is no minimal trades and data fees to be incurred monthly. IB has these restrictions (but lower commission per trade).
If you are going to buy 3-4 counters per month, TD will be better for you if you do the maths.
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The two brokerage platforms I will recommend are TD Ameritrade and Interactove Broker. TD Ameritrade...
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The best way is to buy a an S&P 500 ETF is to buy an ETF like VOO which tracks the S&P 500 and buy it through Vanguard commission free.
This article compares VOO vs SPY very well. Very low expense ratio as well.
https://www.inspiretofire.com/voo-vs-spy-head-t...