Vanguard: Fees, Features, and More (2026)
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.
| Feature | |
|---|---|
| Website | https://investor.vanguard.com/ |
| Broker Type | Full-Service |
| Trading: Stock & ETF? | Yes |
| ETF & Stock commission | $0 online |
| Fractional Shares? | Yes; eligible Vanguard ETFs/dollar-based trading |
| Percent Allocations? | Yes; Vanguard Digital Advisor/asset-allocation tools |
| Crypto Trading? | No |
| Crypto Fees | Not applicable |
| Options Trading? | Yes |
| Options Fee | $1/contract |
| Bond Trading Available? | Yes; Treasuries, bonds, and CDs |
| Receives payment 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 | $20 online for transaction-fee funds; $0 for NTF funds |
| Early Redemption Fee? | No |
| Redemption Hold (Days) | 60 days |
| Early Redemption Fee | $50 |
| Accounts: Margin Accounts? | Yes |
| IRAs Offered? | Yes; Traditional, Roth, SEP, Rollover, and Custodial |
| HSAs Offered? | No |
| Money Market Sweep? | Yes; settlement-fund/cash-deposit sweep |
| CDs Offered? | Yes |
| Robo-Advisor: Offered | Yes |
| Robo-Advisor Service | Vanguard Digital Advisor |
| Robo-Advisor Fees | 0.20% all-index; 0.25% active/index mix |
| Basics: Headquarters | Valley Forge, PA |
| Year Founded | 1975 |
| Clearing Firm | Vanguard Brokerage Services |
| Local Branches? | No; phone/online service |
| New Account Minimum |
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