Best ROTH IRA Providers


2021 best ROTH IRA providers. Top-rated, low-cost online SEP, Simple, Traditional, and Rollover IRA providers to open an individual retirement plan investment account.




Rating: TD Ameritrade rating

ROTH IRA Setup Fee: $0
ROTH IRA Annual Fee: $0
ROTH IRA Termination Fee: $0

First in our list of top ROTH IRA providers, TD Ameritrade offers investors an excellent selection of trading tools, including two trading platforms and three mobile apps. The broker also has an ample supply of mutual funds - over 14,000 (!). ALL ETF's can be traded free of charge. A company associate can be reached over the phone or at one of the firm's 450+ local branches. TD Ameritrade is one of the few firms not to charge a fee for closing an IRA account, and its non-retirement accounts have no fees, either.

Barron’s magazine rated TD Ameritrade #1 for Beginner Investors and #1 for Long Term Investing, and gave it top scores in the Mobile Trading, Range of Offerings, Research Amenities, Customer Service and Education categories.

TD Ameritrade ROTH IRAs have no fees: there are no setup, maintenance, inactivity, or annual IRA fees. A retirement account can be opened with no money down.

Learn more in TD Ameritrade IRA Review

Promotion link: Get $0 commissions and ACAT fee reimbursement.






Rating: Ally Invest rating

ROTH IRA Setup Fee: $0
ROTH IRA Annual Fee: $0
ROTH IRA Termination Fee: $50

Ally Invest customers pay $0 for stock and ETF trades - one of the lowest commissions among online brokerage firms on the list. This ROTH IRA provider has no IRA accounts fees, aside from a closure charge. Ally offers over 11,000 mutual funds. Mutual funds transaction cost are also some of the lowest in the industry - just $9.95 per trade.

Learn more in Ally Invest IRA Review

Promotion link: Up to $3,000 cash bonus + transfer fee refund.






Rating: Etrade rating

ROTH IRA Setup Fee: $0
ROTH IRA Annual Fee: $0
ROTH IRA Termination Fee: $0

Although E*Trade charges $0 for stock and ETF transactions. E*Trade has 30 branch locations, on-line chat, and 24/7 phone service. Mutual fund investors also have more than 4,400 products that carry no load and no transaction fee, one of the largest lists in the industry.

Learn more in E*Trade IRA Review



Rating: Vanguard rating

ROTH IRA Setup Fee: $0
ROTH IRA Annual Fee: $0
ROTH IRA Termination Fee: $0

Last in the best ROTH IRA providers list is Vanguard which is known for its excellent selection of mutual and exchange-traded funds. The broker is keeping funds expense ratios at around 0.50%, and many are below that. Customers with large holdings in Vanguard funds can receive discounts on fees. Some account fees can be avoided simply by signing up for electronic delivery of statements. While the firm doesn't have a desktop platform or a very advanced website, securities can be traded on the Vanguard mobile platform. In addition to Apple and Android devices, Vanguard's app can also be used on Amazon Kindle.



Pricing


Broker Review Promotion
Offer
Stock/ETF
Commission
Mutual Fund
Commission
Maintenance
Fee
Annual IRA
Fee
TD Ameritrade Get $0 commissions and ACAT fee reimbursement. $0 $49.99 $0 $0
Ally Invest Up to $3,000 cash bonus + transfer fee refund. $0 $9.95 $0 $0
Etrade At E*TRADE, get $0 trades + 65₵ per options contract. $0 $19.95 $0 $0
Vanguard na $0 $20 $20* $20*


Services


Broker Review Cost Investment Products Trading Tools Customer Service Research Overall Rating
TD Ameritrade
Ally Invest
Etrade
Vanguard