Best Online Brokers for Free Stock Trading 2019

NerdWallet

Last updated on April 23, 2019

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Our pick for

Best overall

Robinhood

on Robinhood's website

on Robinhood's website

Fees

$0

per trade

Account Minimum

$0

Promotion

None

no promotion available at this time

Our pick for

No-transaction-fee mutual funds

Etrade

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

Our picks for

Free ETF trading, no-transaction-fee mutual funds

Vanguard Brokerage

on Vanguard's website

on Vanguard's website

Fees

$7.00

per trade

Account Minimum

$0

Promotion

None

no promotion available at this time

Schwab Brokerage

on Charles Schwab's website

on Charles Schwab's website

Fees

$4.95

per trade

Account Minimum

$0

Promotion

$100

cash bonus with a qualifying deposit

Our pick for

Free next-day trading

Motif Investing

on Motif 's website

on Motif 's website

Fees

$4.95

per share

Account Minimum

$0

Promotion

None

no promotion available at this time

Summary of Best Online Brokers for Free Stock Trading 2019

BrokerCommissionsPromotionAccount MinimumLearn More
Robinhood Logo

Robinhood

on Robinhood's website

$0

per trade

None

no promotion available at this time

$0

on Robinhood's website

Etrade Logo

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 Logo

Vanguard Brokerage

on Vanguard's website

$7.00

per trade

None

no promotion available at this time

$0

on Vanguard's website

Schwab Brokerage Logo

Schwab Brokerage

on Charles Schwab's website

$4.95

per trade

$100

cash bonus with a qualifying deposit

$0

on Charles Schwab's website

Motif Investing Logo

Motif Investing

on Motif 's website

$4.95

per share

None

no promotion available at this time

$0

on Motif 's website

BrokerCommissionsPromotionAccount MinimumLearn More
Robinhood Logo

Robinhood

on Robinhood's website

$0

per trade

None

no promotion available at this time

$0

on Robinhood's website

Etrade Logo

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 Logo

Vanguard Brokerage

on Vanguard's website

$7.00

per trade

None

no promotion available at this time

$0

on Vanguard's website

Schwab Brokerage Logo

Schwab Brokerage

on Charles Schwab's website

$4.95

per trade

$100

cash bonus with a qualifying deposit

$0

on Charles Schwab's website

Motif Investing Logo

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

NerdWallet's ratings for brokers and robo-advisors are weighted averages of several categories, including investment selection, customer support, account fees, account minimum, trading costs and more. Our survey of brokers and robo-advisors includes the largest U.S. providers by assets under management, plus notable and/or emerging players in the industry. Factors we consider, depending on the category, include advisory fees, branch access, user-facing technology, customer service and mobile features. The stars represent ratings from poor (one star) to excellent (five stars). Ratings are rounded to the nearest half-star.

To recap our selections...

NerdWallet's Best Online Brokers for Free Stock Trading 2019