Vanguard: Fees, Features, and More (2025)

Vanguard blends full‑service resources with its hallmark low‑cost philosophy. Investors gain access to **3,000+ mutual funds—over 1,800 with no transaction fee—**alongside bonds, CDs, and low‑priced options ( $0–$1 per contract). The firm routes no payment‑for‑order‑flow, offers a money‑market cash sweep, and pairs its broad product menu with the low‑fee Vanguard Digital Advisor (0.20 – 0.25%), all while requiring no minimum to open an account.

Detailed feature breakdown for Vanguard brokerage (2025)
Feature
Website https://investor.vanguard.com/
Broker Type Full-Service
Trading: Stock & ETF? Yes
ETF & Stock commission No fee
Fractional Shares? No
Percent Allocations? No
Crypto Trading? No
Crypto Fees not applicable
Options Trading? Yes
Options Fee 0 to 100 cents
Bond Trading Available? Yes
Pays for Order Flow (PFOF)? No
Interface: Web trading? Yes
Desktop trading? No
API Trading? No
Mutual Funds: Offered? Yes
Total Mutual Funds Over 3,000
NTF Mutual Funds Over 1,800
Non-NTF Fund Fee $50
Early Redemption Fee? Yes
Redemption Hold (Days) 60 days
Early Redemption Fee $50
Accounts: Margin Accounts? Yes
IRAs Offered? Yes
HSAs Offered? No
Money Market Sweep? Yes
CDs Offered? Yes
Robo-Advisor: Offered Yes
Robo-Advisor Service Vanguard Digital Advisor
Robo-Advisor Fes 0.20% to 0.25%
Basics: Headquarters Valley Forge, PA
Year Founded 1975
Clearing Firm Vanguard Brokerage Services
Local Branches? Yes, about 5 locations
New Account Minimum $0

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