folioFN: Free trading

Free trading. Yes - if you are comfortable with your trades being executed in two windows per day, 11 AM and 2 PM, there is no commission. Commission for trading at other times is generally $3.95 per trade up to 1,000 shares. We recommend FolioFN especially for smaller accounts where even low commission charges at some other brokers can turn into a significant percentage outlay. Folio's second claim to fame is over 200 Model Portfolios that they maintain. Examine the strategy and the performance, and pick your model. Then change the weighting of the holdings if you like, or combine models and weight each model differently! Then push the button, and presto, your account is invested exactly according to the model or models you've selected. Rebalance at any time using window trades (see above). And it's all free! FolioFN even allows the purchase of partial shares, so if you want a $500 position in Berkshire Class A shares (at $90,000/share) you can do it!