Best Online Brokers
Discover 9 deals available this month.
1.Fidelity Investments
Fidelity Investments is a full-service US broker offering $0 commissions on stock and ETF trades, with strong research and top-rated customer support. It provides extensive tools suitable for beginners and long-term investors.
View Deal →Fidelity stands out by blending comprehensive research and user-friendly tools with zero commissions, making it a solid choice for both new and experienced investors. Its high-quality customer support and broad platform capabilities add to its appeal.
Pros:
- $0 commissions on stock and ETF trades
- Robust research resources
- Top-rated customer support
- Extensive tools for beginners and long-term investors
Cons:
- May be less suitable for highly active or professional traders seeking advanced platforms
- No specific mention of fractional shares or crypto trading options
- Limited global market access compared to some competitors
2.Charles Schwab
Charles Schwab is a large US broker offering $0 commissions on stock and ETF trades, with strong banking integration and robust research and educational resources. Its platforms cater to a wide range of investors seeking comprehensive tools and services.
View Deal →Investors looking for a well-rounded brokerage with no trading commissions and solid banking features will find Charles Schwab a versatile choice. It blends user-friendly platforms with extensive research and education to support various investing styles.
Pros:
- No commissions on stock and ETF trades
- Strong integration with banking services
- Robust research and educational resources
- User-friendly platforms suitable for many investor types
Cons:
- May have fewer advanced tools compared to specialized brokers for active traders
- Less focus on niche markets like crypto compared to some competitors
- Platform complexity might overwhelm absolute beginners
3.Interactive Brokers (IBKR)
Interactive Brokers (IBKR) is a low-cost global broker favored by active and professional traders, offering powerful trading platforms and broad market access. It features very competitive margin rates for US clients.
View Deal →Active and professional traders will appreciate Interactive Brokers for its extensive market reach and competitive margin rates, making it a strong choice for cost-conscious, frequent trading.
Pros:
- Low-cost trading tailored for active and professional traders
- Powerful trading platforms with advanced tools
- Wide access to global markets
- Very competitive margin rates for US clients
Cons:
- May be complex for beginner investors due to advanced platform features
- Less focus on customer support and education compared to some competitors
- Not ideal for casual or long-term investors seeking a simpler interface
4.Robinhood
Robinhood is a mobile-first US app offering commission-free trading for stocks, ETFs, options, and cryptocurrencies with a simple interface designed for newer, self-directed investors.
View Deal →New investors looking for an easy entry into commission-free trading will appreciate Robinhood's straightforward app and crypto access. Its simplicity makes it a popular choice, though more advanced traders might find it limited.
Pros:
- Commission-free trading on stocks, ETFs, options, and cryptocurrencies
- User-friendly mobile interface ideal for beginners
- Access to crypto trading alongside traditional assets
Cons:
- Limited advanced trading tools compared to other brokers
- Primarily designed for newer investors, less suited for professionals
- Lacks extensive research and educational resources
5.SoFi Active Investing
SoFi Active Investing offers $0 commissions on stocks and ETFs, fractional shares, and integrates banking and loan services with access to human advisors and educational resources for new investors.
View Deal →Newer investors benefit from SoFi’s blend of commission-free trades and personalized support, making it easier to start investing while managing related financial needs.
Pros:
- $0 commissions on stock and ETF trades
- Fractional share investing available
- Integrated banking and loan services
- Access to human advisors and educational content
Cons:
- Primarily geared toward newer investors, may lack advanced tools for pros
- Limited details on research and trading platform features compared to bigger brokers
- Less suitable for highly active or professional traders
6.Merrill Edge
Merrill Edge is a Bank of America–owned broker offering $0 commissions on stock and ETF trades, with seamless integration to BofA banking and access to branch advisors. It also provides strong research resources for investors.
View Deal →Investors connected to Bank of America will find Merrill Edge a convenient choice with its zero commissions and in-branch advisor access. The platform blends banking and investing seamlessly for a streamlined experience.
Pros:
- $0 commissions on stock and ETF trades
- Tight integration with Bank of America banking services
- Access to in-branch financial advisors
- Strong research tools to support investing decisions
Cons:
- Primarily beneficial for existing Bank of America customers
- Limited appeal to traders seeking more advanced platforms
- Branch access may be less useful for remote investors
7.Ally Invest
Ally Invest is a US discount broker offering $0 commissions on stock and ETF trades with a simple platform and solid banking integration. It caters mainly to cost-conscious, self-directed investors.
View Deal →Ideal for budget-minded traders seeking straightforward tools and seamless banking connections, Ally Invest keeps investing simple without sacrificing essential features.
Pros:
- $0 commissions on stock and ETF trades
- User-friendly, straightforward trading platform
- Good integration with Ally Bank products
Cons:
- Limited advanced trading tools compared to some competitors
- Primarily suited for self-directed investors, less ideal for active traders
- Fewer educational resources than some full-service brokers
8.Webull
Webull is a US-based, app-focused broker offering $0 commissions, extended-hours trading, and advanced charting tools. It caters to active and tech-savvy traders looking for sophisticated trading features.
View Deal →Active traders who value advanced charting and extended trading hours will find Webull a strong contender with its commission-free structure and tech-forward platform. It blends powerful tools with a mobile-first experience tailored for savvy investors.
Pros:
- $0 commissions on stock and ETF trades
- Extended-hours trading available
- Advanced charting and analysis tools
- App-centric platform designed for active users
Cons:
- Primarily geared toward more experienced, tech-savvy traders
- Less emphasis on customer support and educational resources compared to full-service brokers
- Limited banking integration and advisory services
9.Vanguard Brokerage
Vanguard Brokerage offers $0 commissions on many trades and is known for its low-cost index funds and ETFs. It provides a platform designed for long-term, buy-and-hold investors.
View Deal →Long-term investors will value Vanguard for its low-cost funds and commission-free trading on many assets, making it a practical choice for buy-and-hold strategies.
Pros:
- $0 commissions on many trades
- Access to low-cost index funds and ETFs
- Platform tailored to long-term investors
Cons:
- Less focus on advanced trading tools
- Not ideal for active or day traders
- Limited offerings outside index funds and ETFs
Final Words
Take time to compare the features, fees, and services of different online brokers to find the best fit for your investing goals. You can explore current offers and promotions to maximize value and make informed decisions for your portfolio.
Frequently Asked Questions
Fidelity Investments stands out with $0 commissions on stock and ETF trades, strong research capabilities, top-rated customer support, and extensive tools that are ideal for beginners and long-term investors in the US.
No, Fidelity Investments offers $0 commissions on stock and ETF trades, making it a cost-effective choice for investors.
Yes, Fidelity provides extensive tools and top-rated customer support that make it well-suited for beginners as well as long-term investors.
Important factors include commission fees, trading platforms, research and educational resources, customer support, and additional features like banking integration or margin rates depending on your investing style.
Yes, several brokers such as Charles Schwab, E*TRADE, Robinhood, SoFi Active Investing, Merrill Edge, Ally Invest, Webull, and Vanguard Brokerage also offer $0 commissions on stock and ETF trades.
Interactive Brokers is popular among active and professional traders due to its low costs, powerful platforms, wide market access, and competitive margin rates.
