They charge $29.00 per month or $290.00 for the whole year. You get unlimited trades in both windows. Here is some info from their site.
Ready-to-Go Folios
We have over 100 specially designed investment portfolios, what we call Ready-to-Go Folios to get you started. Each is built around a particular investing strategy — such as a market sector, investing style, geographic region, or retirement-focus — like our Target Date Folios. Every Ready-to-Go Folio has an overview of the securities in the investment portfolio as well as how they are selected and updated.
We revise and rebalance Ready-to-Go Folios periodically and we send you email alerts each time. You can act on these updates or not. When was the last time a mutual fund manager kept you in the loop? Compare Folios to mutual funds
Build Your Own Folios
We’ve made building your own Folios as simple as our Ready-to-Go Folios are to pick. Give each investment portfolio a name and add one stock or up to 100 stocks, ETFs or mutual funds to each. Build your own investment portfolio if you have your own stock picks, an investment strategy you like, or you're following a blog, newsletter, forum, investment club or anything else.
Customize Your Folio
With one click, you can allocate your dollars equally across all of the holdings in your investment portfolio, use market cap weightings, or customize each security weighting. We’ll make sure it all adds up.
What Else Do I Need to Know?
- A Folio can contain up to 100 securities
- A Folio can contain stocks, ETFs and mutual funds
- You can have as many Folios as you like
- Folios can be bought or sold in simple dollar amounts
- You can buy or sell fractions of shares in Folios
- Your account can contain as many individual Folios as you want
- Automatic on-going investment contributions are easily setup
- No commissions for buying, selling or modifying a Folio with our Folio Unlimited Plan
That's an interesting concept. But paying $300/year is a lot for a buy and hold investor if you ask me. Why not sign up for Zecco, put up $25K in you account and get 10 free trades/month?
ReplyDeleteThanks for commenting I pay 4290.00 for the full year of trading no matter how many trades i do in a year no balance requirements. I started with 5 dollars now over 2400.00 dollars i just add a little and spread it out all over my holdings. typically 2-3 thousand trades each month. 1740 this month as of today. It only cost one penny to sell a loser. the money I use to pay for the account is paid for through my work. A flat 25.00 fee each year for my roth ira. So it fits my style as of right now.
ReplyDelete$290.00 a year that is
ReplyDeleteSounds terrible
ReplyDelete