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TD Ameritrade Adds Commission Free ETF Trades


SAN DIEGO (ETFguide.com) - The battle for ETF investors just went from hot to hotter. Beginning today, TD Ameritrade (NasdaqGS: AMTD - News) became the latest brokerage firm to offer commission free online ETF trades.The new offer will apply to 100 preselected ETFs for TD's customers that hold the respective funds longer than 30 calendar days otherwise the standard commission rate of $9.99 will apply.The Omaha, NE-based firm joins other companies like Charles Schwab, Fidelity and Vanguard that also offer their own versions of commission free ETF trading. Charles Schwab allows free online ETF trading to its brokerage clients for Schwab ETFs, Fidelity offers zero-cost online trades for 25 iShares funds and Vanguard brokerage makes a similar commission free offer for its Vanguard branded ETFs.Many investors and financial professionals are using ETFs in their investment portfolios because they understand the difficulty in consistently beating market indexes over the long-term. As a result, ETFs are gaining more prominence on the investment landscape.ETFs are low cost index funds that are bought and sold like individual stocks.At the end of September, there was $888.38 billion invested in U.S. listed ETFs.TD Ameritrade's ETF/ETN Commission Free List--iShares Barclays Aggregate Bond (NYSEArca: AGG - News)--iShares Barclays Intermediate Credit Bond (NYSEArca: CIU - News)--iShares Barclays Intermediate Govt/Credit Bond (NYSEArca: GVI - News)--iShares Barclays MBS Bond (NYSEArca: MBB - News)--iShares Barclays TIPS Bond (NYSEArca: TIP - News)--iShares Barclays 1-3 Yr Treasury Bond (NYSEArca: SHY - News)--iShares Barclays 1-3 Yr Credit Bond (NYSEArca: CSJ - News)--iShares Barclays 3-7 Yr Treasury Bond Fund (NYSEArca: IEI - News)--iShares Barclays 20+ Yr Treasury Bond Fund (NYSEArca: TLT - News)--iShares iBoxx $ Investment Grade Corp Bond (NYSEArca: LQD - News)--iShares FTSE/Xinhua China (NYSEArca: FXI - News)--iShares MSCI ACWI Index (NYSEArca: ACWI - News)--iShares MSCI All Country Asia ex-Japan (NYSEArca: AAXJ - News)--iShares MSCI BRIC Index (NYSEArca: BKF - News)--iShares MSCI EAFE Growth Index (NYSEArca: EFG - News)Here's TD Ameritrade's entire list of ETFs qualifying for online commission free ETF trading.