Check it out. Scroll through the terms of some of the plans available.
If you looking to put less than $250 or so into a given stock each month, I’d stick with the companies that charge $0 in purchasing fees for each transaction by clicking here:
https://www-us.computershare.com/investor/3x/plans/buyshares.asp?stype=nof
Paying $2.50 in fees on a $1,000 monthly purchase is only a glorified rounding error, but paying $2.50 on a $100 monthly purchase is shooting yourself in the foot as you run the marathon of your investing life—you’re giving up 2.5% in your first year’s annual returns right away.
And plus, the companies that charge no purchase fees give you a good collection of offerings to choose from.
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