Vanguard Brokerage Services® commission & fee schedules
Stay focused on your financial goals with confidence that you're not paying too much.
As of January 25, 2021
Less than $1 million
Online rate + $25 broker-assisted fee
$1 million or more
These also apply to sales of leveraged and inverse ETFs (exchange-traded funds) and ETNs (exchange-traded notes).
Commission-free trading of non-Vanguard ETFs applies only to trades placed online; most clients will pay a commission to buy or sell non-Vanguard ETFs by phone. Vanguard Brokerage reserves the right to change the non-Vanguard ETFs included in these offers at any time. All ETFs are subject to management fees and expenses; refer to each ETF’s prospectus for more information. All ETF sales are subject to a securities transaction fee. Account service fees may also apply.
All stock sales are subject to a securities transaction fee. Account service fees may also apply.