Best brokers for beginners
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Fees $0per trade (on eligible US securities)
Account minimum $0
Promotion $100-$3,000 in cash bonus with qualifying deposit.
- Commission-free trades on eligible U.S. stocks, options and ETFs.
- No account minimum.
- Strong web-based platform.
- Robust research and tools.
- No no-transaction-fee mutual funds.
- No branche
Fees $0 per trade
Account minimum $0
Promotion Get up to $600 or more when you open and fund an E*TRADE account
- Easy-to-use tools.
- Large investment selection.
- Excellent customer support.
- Access to extensive research.
- Advanced mobile app.
- Commission-free stock, options and ETF trades.
- Website can be difficult to navigate.
Fees: $0 per trade
Account minimum: $0
Promotion:
None: no promotion available at this time
- Large investment selection.
- Strong research and tools.
- Over 17,000 no-transaction-fee mutual funds.
- NerdWallet users who sign up for IBKR Pro get a 0.25 percentage point discount on margin rates.
- Website is difficult to navigate.
Account minimum $0
Promotion Up to $600when you invest in a new Merrill Edge® Self-Directed account.
- Robust third-party research.
- Integrated with Bank of America.
- Advanced traders may find fewer securities on offer.
Fees $0 per trade
Account minimum $0
Promotion 1 Free Stock after linking your bank account (stock value range $5.00-$200)
- No account minimum.
- Streamlined interface.
- Cryptocurrency trading.
- No retirement accounts.
- No mutual funds or bonds.
- Limited customer support.
Fees $0 per trade
Account minimum $500
Promotion Get an extra $150cash credit with a minimum deposit of $500. Offer Code: NERDAGCU.
- High-quality trading platforms.
- Comprehensive research.
- Commission-free stock, ETF and options trades.
- Advanced tools.
- Active trader community.
- Free trading on advanced platform requires TS Select.
- No transaction-fee-free mutual funds.
- Plans and pricing can be confusing.
Fees $0 per trade
Account minimum $0
Promotion None,no promotion available at this time
- Large mutual fund selection.
- Commission-free stock, options and ETF trades.
- Leader in low-cost funds.
- Basic trading platform only.
- Limited research and data.
Fees $0 per trade
Account minimum $0
Promotion Get up to 12 free stocks (valued up to $30,600)
when you open and fund an account with Webull. Promotion ends 10/31/2022.
- Low costs.
- Easy-to-use platform.
- Advanced tools.
- Access to cryptocurrency.
- No mutual funds.
- Thin educational support.