EDIT: I’m very new to investing and thought maybe somebody here would know about this stuff. If this isn’t the right place for this kind of question please let me know!
In this post over on Personal Finance Stack Exchange, the top answer states the following:
By contrast: open a Vanguard account: free. Transfer £50/mo. into eTrade account: free.
The information about fees on Vanguard’s website seems to suggest that opening an account actually costs 0.15% annually, not exactly free…
Am I missing something here? Also, what’s an eTrade account?