Best Stock 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 extensive research tools and a variety of account types. It is highly rated for both beginners and overall investors.
View Deal →Fidelity stands out as a top choice for beginners and general investors who want a robust platform with no trading fees and comprehensive research resources. Its wide range of account types makes it versatile for many investment needs.
Pros:
- $0 commissions on stock and ETF trades
- Strong research tools to support investment decisions
- Broad selection of account types for different needs
Cons:
- No mention of specialized platforms for highly active traders
- May not offer the lowest fees for options or advanced products
- Less emphasis on crypto trading compared to app-focused brokers
2.Charles Schwab
Charles Schwab is a major US brokerage offering $0 commissions on stock and ETF trades, with robust trading platforms, extensive research tools, and strong customer support. It is consistently ranked among the top online brokers for investors of all levels.
View Deal →Investors seeking a well-rounded brokerage will find Charles Schwab delivers strong research and customer service alongside commission-free trades. Its combination of platform features and support makes it a reliable choice across experience levels.
Pros:
- $0 commissions on stock and ETF trades
- Extensive research resources available
- Robust and user-friendly trading platforms
- Strong customer support
Cons:
- No specific drawbacks mentioned in current research
- May not have the lowest fees for advanced or niche trading products compared to specialized brokers
- Platform may be overwhelming for absolute beginners without prior investing experience
3.Interactive Brokers
Interactive Brokers is a US-available global broker offering very low trading fees and a wide range of products on advanced trading platforms. It is frequently rated the best choice for active stock traders.
View Deal →Active traders will find Interactive Brokers appealing for its low costs and extensive product selection, supported by sophisticated trading tools.
Pros:
- Very low trading fees compared to many competitors
- Wide selection of tradable products including global markets
- Advanced, professional-grade trading platforms
Cons:
- Not as beginner-friendly due to complex platform features
- Can be overwhelming for casual or infrequent traders
- Limited emphasis on customer support compared to some rivals
4.Robinhood
Robinhood is a US-based app-focused broker offering commission-free trading on stocks, ETFs, options, and some cryptocurrencies, with a simple interface and fractional shares available. There are no commissions for trades, making it accessible for new and casual investors.
View Deal →Robinhood appeals to investors who want an easy-to-use mobile platform with zero commissions and the ability to buy fractional shares, making it a popular choice for beginners and casual traders.
Pros:
- Commission-free trades on stocks, ETFs, options, and some crypto
- User-friendly mobile app ideal for quick and simple trading
- Supports fractional shares for more flexible investing
Cons:
- Limited advanced research tools compared to full-service brokers
- Some users report platform outages during high volatility
- Crypto trading options are not as extensive as specialized exchanges
5.SoFi Active Investing
SoFi Active Investing offers $0 commissions on stock and ETF trades with fractional shares available. It integrates smoothly with SoFi’s banking and lending products, making it beginner-friendly.
View Deal →Beginner investors will find SoFi’s commission-free trades and fractional shares easy to access, especially with its integration into a broader financial ecosystem. Its straightforward approach makes it a solid choice for those starting out.
Pros:
- No commissions on stock and ETF trades
- Fractional shares available for flexible investing
- Integration with SoFi’s banking and lending services
Cons:
- Limited advanced trading tools compared to specialized brokers
- May lack extensive research resources found at larger firms
- Less suited for highly active or professional traders
6.Merrill Edge
Merrill Edge is a U.S. broker from Bank of America offering $0 commissions on stock and ETF trades with strong research tools and seamless integration with Bank of America accounts. It caters to investors seeking convenience and solid platform features.
View Deal →Investors who value easy banking integration alongside zero-commission trades will find Merrill Edge a practical choice. Its reliable research and connection to Bank of America accounts make managing investments straightforward.
Pros:
- No commissions on stock and ETF trades
- Strong research tools to support informed investing
- Convenient integration with Bank of America banking accounts
Cons:
- Limited appeal for active traders seeking advanced platforms
- Fewer specialized investing tools compared to some competitors
- Not highlighted as a top choice for beginners or advanced traders specifically
7.Webull
Webull is a US-based broker offering commission-free trading on stocks, ETFs, and options with modern mobile and desktop platforms. It is designed for active and intermediate traders seeking advanced tools without trading fees.
View Deal →Active and intermediate traders will find Webull’s zero-commission structure and sleek platform appealing for executing trades with ease. Its focus on robust tools suits those looking beyond basic investing without added costs.
Pros:
- Zero commissions on stocks, ETFs, and options
- Modern mobile and desktop trading platforms
- Geared toward active and intermediate traders
Cons:
- Less ideal for beginner investors due to platform complexity
- Fewer educational resources compared to some competitors
- Limited banking or lending integrations unlike some full-service brokers
8.Vanguard
Vanguard is a well-established US broker known for low-cost index funds and ETFs, catering primarily to long-term, buy-and-hold investors. It offers competitive pricing focused on cost-efficient investing strategies.
View Deal →Long-term investors will find Vanguard appealing for its low-cost index fund options and straightforward approach to portfolio building. A solid choice for those prioritizing minimized fees and a buy-and-hold strategy.
Pros:
- Low-cost index fund and ETF options
- Strong reputation for long-term investing
- Ideal for buy-and-hold investors
Cons:
- Less suited for active traders seeking advanced platforms
- Limited appeal for those wanting frequent trading features
- Fewer bells and whistles compared to brokers focused on active trading
9.M1 Finance
M1 Finance offers commission-free stock and ETF trading with automated portfolio management using customizable 'pies,' ideal for long-term investors focused on allocation. There are no trading fees, supporting cost-effective investing strategies.
View Deal →Long-term investors seeking automated portfolio allocation will find M1 Finance’s unique pie-based system a helpful tool for hands-off investing. It balances simplicity with customization while maintaining zero commissions.
Pros:
- Commission-free trading on stocks and ETFs
- Automated portfolio management through customizable pies
- Well-suited for long-term, allocation-focused investors
Cons:
- Limited active trading tools for frequent traders
- Less suited for those wanting advanced research or real-time trading features
- No support for cryptocurrencies or other asset classes beyond stocks and ETFs
Final Words
Take time to compare different stock brokers to find the best deals and services tailored to your investment goals. By reviewing current offers and fees, you can make an informed choice that maximizes your financial potential.
Frequently Asked Questions
Fidelity Investments stands out with $0 commissions on stocks and ETFs, strong research tools, excellent customer service, and a wide variety of account types. These features make it an ideal top overall choice for most US investors, especially beginners.
No, Fidelity Investments offers $0 commissions on stock and ETF trades, helping investors keep costs low while accessing robust trading and research tools.
Fidelity supports a broad range of account types, making it suitable for diverse investing needs, including retirement accounts and taxable brokerage accounts, providing flexibility for most investors.
Many leading US brokers, including Fidelity, Charles Schwab, Robinhood, E*TRADE, SoFi, Merrill Edge, Webull, Vanguard, and M1 Finance, offer $0 commissions on stocks and ETFs, making trading more affordable.
Consider your investing needs such as beginner-friendly platforms, advanced trading tools, or integration with banking services. For example, Fidelity is great overall, Interactive Brokers suits active traders, and SoFi appeals to newer investors looking for advice.
Most leading brokers, including Fidelity and Charles Schwab, do not require account minimums, which lowers barriers for new investors to start trading stocks and ETFs.
