Best Commission Free Brokers
Discover 6 deals available this month.
1.Moomoo
Moomoo is a top-rated commission-free broker offering zero commissions on US stocks, ETFs, and options, with no account minimums. It features promotions like up to 8.1% APY and free stocks.
View Deal →Moomoo stands out with its strong app and attractive promotions, making it a solid choice for investors seeking commission-free trades and bonus benefits. Its no-minimum policy combined with high APY offers extra appeal.
Pros:
- Zero commissions on US stocks, ETFs, and options
- No minimum account balance required
- Promotions include up to 8.1% APY and free stocks
- Highly rated and user-friendly trading app
Cons:
- Promotions may have eligibility requirements or limits
- Less well-known compared to some established brokers
- Limited information on international trading options
2.Webull
Webull offers commission-free trading on stocks, ETFs, and options with a user-friendly app designed for beginners. It is authorized by SEC and FINRA, ensuring regulatory compliance.
View Deal →Webull provides a straightforward, no-commission trading experience with an app that appeals to new investors while maintaining strong regulatory oversight. It's a solid choice for those starting out who want a clean, easy-to-use platform.
Pros:
- Zero commissions on stocks, ETFs, and options
- User-friendly app suitable for beginners
- Regulated by SEC and FINRA
Cons:
- Fewer advanced tools compared to some competitors
- Limited promotions or bonus offers mentioned
- May lack extensive research or educational resources
3.Ally Invest
Ally Invest offers commission-free trading on US stocks and ETFs, with low fees for options and a suite of tools suitable for investors at all experience levels. It is a trusted platform regulated by SEC and FINRA.
View Deal →Ally Invest stands out for delivering a comprehensive trading experience with low options fees and robust tools, making it appealing to both beginners and seasoned investors.
Pros:
- Commission-free trades on US stocks and ETFs
- Low fees for options trading
- User-friendly tools designed for all experience levels
- Regulated by SEC and FINRA, trusted by millions
Cons:
- No mention of promotions or special deals compared to competitors
- Limited information on international asset availability
- May lack some advanced features found in specialized platforms
4.Robinhood
Robinhood offers commission-free trading for stocks, ETFs, options, and cryptocurrencies with an intuitive mobile app designed for easy and quick investing without deep research.
View Deal →Robinhood stands out for its user-friendly mobile platform that makes commission-free trading accessible for beginners seeking fast entry into the market.
Pros:
- Commission-free trading on stocks, ETFs, options, and crypto
- Intuitive mobile app ideal for quick and easy investing
- No account minimums
Cons:
- Limited advanced research and educational tools compared to some competitors
- May not suit investors looking for in-depth market analysis
- Less robust customer support than some traditional brokers
5.Fidelity
Fidelity offers commission-free trading on stocks, ETFs, and options with no account minimums. It provides extensive research tools and educational resources across a broad range of assets.
View Deal →Fidelity stands out for investors seeking a comprehensive platform with strong research and zero commissions on a wide asset selection. Its no-minimum requirement makes it accessible for beginners and seasoned traders alike.
Pros:
- Commission-free trades on stocks, ETFs, and options
- No account minimums required
- Extensive research and educational resources
- Access to a broad range of asset types
Cons:
- No notable promotional deals like free stocks or high APY offers
- Platform may be less beginner-friendly compared to simpler apps
- Lacks the crypto trading options available on some competitors
6.Charles Schwab
Charles Schwab offers zero commissions on stocks, ETFs, options, and mutual funds, with access to over 3,000 commission-free ETFs. It provides strong trading tools and customer support without account minimums.
View Deal →Charles Schwab stands out with a broad range of commission-free ETFs and robust trading tools, making it a solid choice for both beginners and experienced investors seeking comprehensive support.
Pros:
- No commissions on stocks, ETFs, options, and mutual funds
- Access to over 3,000 commission-free ETFs
- Strong trading tools and customer support
- No account minimums
Cons:
- May have fewer promotional deals compared to some competitors
- Interface can be complex for absolute beginners
- Options trading fees may apply despite zero commissions on options contracts
Final Words
To make the most of commission-free trading this February, take time to compare the features and benefits of brokers like Webull, Robinhood, Fidelity, and Charles Schwab to find the best fit for your investment goals. You can explore current offers and tools to ensure your chosen platform aligns with your needs and maximizes your trading potential.
Frequently Asked Questions
Webull stands out for its commission-free trading on stocks, ETFs, and options, along with high interest on uninvested cash. It offers fast account opening and quality trading tools, making it ideal for active investors.
Yes, Webull offers commission-free trading not only on stocks and ETFs but also on options, providing a cost-effective solution for various trading strategies.
Webull provides fast account opening, allowing new users to start trading quickly without long wait times.
No, leading commission-free brokers like Webull, Robinhood, Fidelity Investments, and Charles Schwab do not require any account minimums, making them accessible to all investors.
Fidelity Investments is known for providing extensive research and educational resources alongside commission-free trading, helping investors make informed decisions.
Brokers like Webull and moomoo focus on high-quality trading tools and fast account setups, while Robinhood emphasizes a streamlined, user-friendly platform. Choosing depends on your preference for tool sophistication versus simplicity.
Charles Schwab offers zero-commission trades not only on stocks, ETFs, and options but also on mutual funds, providing a wider range of investment options without extra fees.
