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- Best Everyday Trading App
Robinhood
Online Brokerage Accounts
Mobile brokerage aimed at active traders, with commission-free access to stocks, ETFs, options, and crypto, round-the-clock market sessions on many securities, fractional shares, and optional Gold perks such as elevated cash APY and IRA contribution matching.
- Account Minimum
- $0
- Fees
- $0 account fee for a standard account $5 monthly account fee for Robinhood Gold $0 commission
- Available Assets
- Stocks, ETFs, options, cryptocurrencies, and ADRs
- Star Rating
- 4.2
- Commission-free stocks, ETFs, options, and crypto
- $0 account minimum and $0 base commissions
- 24/7 trading window for stocks and ETFs plus 24/7 support
- Robinhood Gold adds features for $5 per month
- Best for fractional shares
SoFi® Active Invest
Online Brokerage Accounts
Active-investing service that supports fractional share purchases of popular stocks starting at a low dollar amount and pairs brokerage with broader SoFi membership benefits.
- Account Minimum
- $0
- Fees
- $0 account fee $0 commission
- Available Assets
- Stocks, ETFs, and IPOs
- Star Rating
- 4.3
- Fractional shares from $5
- Zero commission on stocks and ETFs
- IRAs and joint accounts offered
- Choice of active or managed investing
- Best for hands-on investors and Chase customers
J.P. Morgan Self Directed Investing
Online Brokerage Accounts
Self-directed platform linked to Chase banking that gives full control over asset allocation with zero commissions on most core securities.
- Account Minimum
- $0
- Fees
- $0 for U.S. stocks, ETFs, mutual funds, and fixed income trades $0 for options trades plus $0.65 per-contract fee
- Available Assets
- Stocks, ETFs, options, mutual funds, money market funds, treasuries
- Star Rating
- 4.0
- No account minimum
- $0 commissions on U.S. stocks, ETFs, mutual funds, and fixed income
- $0.65 per-contract options fee
- Integration with Chase accounts
- Best for versatile trading
E*TRADE from Morgan Stanley
Online Brokerage Accounts
Full-featured broker serving both newcomers and active traders with extensive research, education, and a broad menu of securities at $0 online commissions.
- Account Minimum
- $0
- Fees
- $0 account fee $0 commission for online US-listed stock, ETF, and options trades
- Available Assets
- Stocks, ETFs, mutual funds, options, futures, and bonds
- Star Rating
- $0 commissions on online U.S.-listed stocks, ETFs, and options
- Robust research and education
- Includes futures and bonds
- User-friendly platform
- Best for ETFs
Merrill Edge
Online Brokerage Accounts
Bank of America-affiliated broker offering self-directed and managed accounts plus seamless cash movement with Bank of America banking products.
- Account Minimum
- $0
- Fees
- $0 account fee $0 commission
- Available Assets
- Stocks, ETFs, mutual funds, bonds, and options
- Star Rating
- Integration with Bank of America
- $0 commissions on stocks, ETFs, and mutual funds
- Managed option at 0.45% annual fee
- Extensive research tools
- Best for well-rounded offerings
Fidelity
Online Brokerage Accounts
Full-scale broker app covering self-directed trading, robo portfolios, and human advisory help across many account types, with $0 stock/ETF online commissions on typical U.S. trades, extensive education, and cash management features.
- Account Minimum
- $0
- Fees
- $0 account fee $0 commission
- Available Assets
- Stocks, ETFs, mutual funds, cryptocurrencies, bonds, and options
- Star Rating
- Broad asset classes and account types
- $0 account minimum and $0 account fees
- $0 commissions on many online U.S. trades
- Self-directed, robo, and advisor pathways plus education
- Best for experienced traders
TradeStation
Online Brokerage Accounts
Advanced platform geared toward active and professional traders, featuring customizable tools, extensive order types, and simulated trading practice.
- Account Minimum
- $0 for TS GO plan, $2,000 for TS Select plan
- Fees
- $0 account fee $0 commission
- Available Assets
- Stocks, ETFs, mutual funds, cryptocurrencies, bonds, options, and futures
- Star Rating
- Advanced charting and trading tools
- Simulated trading available
- TS GO $0 / TS Select $2,000 minimums
- Supports crypto, futures, and options
- Best for long-term investing
Vanguard
Online Brokerage Accounts
Pioneer of low-cost index investing that emphasizes buy-and-hold strategies, mutual funds, ETFs, and retirement-focused portfolio management.
- Account Minimum
- $0 for brokerage accounts, $1,000 for most mutual funds
- Fees
- $25 annual account fee $0 commission
- Available Assets
- Stocks, ETFs, mutual funds, and bonds
- Star Rating
- $0 for brokerage accounts
- $1,000 minimum for most mutual funds
- $25 annual account fee
- Robo-advisor available
- Best for international stocks
Interactive Brokers
Online Brokerage Accounts
Global-access broker providing equities, options, futures, forex, and funds across 150 markets in 34 countries for sophisticated, internationally oriented traders.
- Account Minimum
- $0
- Fees
- $0 account fee $0 commission for IBKR Lite and up to 1% of stock and ETF trades for IBKR Pro
- Available Assets
- Stocks, ETFs, mutual funds, bonds, options, futures (including cryptocurrencies), and forex
- Star Rating
- Access to 150 markets in 34 countries
- IBKR Lite $0 commissions / IBKR Pro tiered pricing
- Advanced calculators and reporting
- Steep learning curve
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