Best of
Best Online Brokers for Free Stock Trading 2019
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Our pick for
Best overall
Fees
$0
per trade
Account Minimum
$0
Promotion
None
no promotion available at this time
Pros
- No commissions on stock trades.
- No account minimum.
- Streamlined interface.
Cons
- No retirement accounts.
- No mutual funds or bonds.
- Limited customer support.
Our pick for
No-transaction-fee mutual funds
on Etrade's website
on Etrade's website
Fees
$6.95
per trade
Account Minimum
$500
Promotion
Up to $600
cash credit with a qualifying deposit
Pros
- Easy-to-use tools.
- Large investment selection.
- Excellent customer support.
- Access to extensive research.
- Advanced mobile app.
- Reduced commissions for frequent traders.
Cons
- Higher commissions for low-volume traders.
- Minimum balance requirement for active trading platform.
Our picks for
Free ETF trading, no-transaction-fee mutual funds
Fees
$7.00
per trade
Account Minimum
$0
Promotion
None
no promotion available at this time
Pros
- Large mutual fund selection.
- Over 50 commission-free ETFs.
- Leader in low-cost funds.
- Helpful customer support.
Cons
- High trade commissions.
- No trading platform or tools.
- Limited research and data.
Fees
$4.95
per trade
Account Minimum
$0
Promotion
$100
cash bonus with a qualifying deposit
Pros
- No inactivity fees.
- Two platforms with no minimum or fees.
- Above-average mobile app.
- Extensive research.
- Strong customer support.
Cons
- Higher trade commissions.
Our pick for
Free next-day trading
on Motif 's website
on Motif 's website
Fees
$4.95
per share
Account Minimum
$0
Promotion
None
no promotion available at this time
Pros
- Fractional shares.
- Portfolio trades of up to 30 stocks or ETFs.
- Theme- and values-based guidance.
Cons
- No dividend reinvestment.
- Minimal trading tools.
Summary of Best Online Brokers for Free Stock Trading 2019
| Broker | Commissions | Promotion | Account Minimum | Learn More |
|---|---|---|---|---|
 Robinhood | $0 per trade | None no promotion available at this time | $0 | Read Review |
Etrade on Etrade's website | $6.95 per trade | Up to $600 cash credit with a qualifying deposit | $500 | on Etrade's website |
 Vanguard Brokerage | $7.00 per trade | None no promotion available at this time | $0 | Read Review |
 Schwab Brokerage | $4.95 per trade | $100 cash bonus with a qualifying deposit | $0 | Read Review |
Motif Investing on Motif 's website | $4.95 per share | None no promotion available at this time | $0 | on Motif 's website |
| Broker | Commissions | Promotion | Account Minimum | Learn More |
|---|---|---|---|---|
Robinhood | $0 per trade | None no promotion available at this time | $0 | Read Review |
Etrade on Etrade's website | $6.95 per trade | Up to $600 cash credit with a qualifying deposit | $500 | on Etrade's website |
Vanguard Brokerage | $7.00 per trade | None no promotion available at this time | $0 | Read Review |
Schwab Brokerage | $4.95 per trade | $100 cash bonus with a qualifying deposit | $0 | Read Review |
Motif Investing on Motif 's website | $4.95 per share | None no promotion available at this time | $0 | on Motif 's website |
Last updated on April 23, 2019
Methodology
To recap our selections...
NerdWallet's Best Online Brokers for Free Stock Trading 2019
- Robinhood: Best for Best overall
- Etrade: Best for No-transaction-fee mutual funds
- Vanguard Brokerage: Best for Free ETF trading, no-transaction-fee mutual funds
- Schwab Brokerage: Best for Free ETF trading, no-transaction-fee mutual funds
- Motif Investing: Best for Free next-day trading
