Best Online Stock Brokers for Beginners of March 2019

NerdWallet

Last updated on March 11, 2019

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Ally Invest Logo

on Ally Invest's secure website

on Ally Invest's secure website

Fees

$4.95

per trade

Account Minimum

$0

Promotion

Up to $3,500

in cash bonus with a qualifying deposit

Merrill Edge Logo

on Merrill Edge's secure website

on Merrill Edge's secure website

Fees

$6.95

per trade

Account Minimum

$0

Promotion

300

free stock and ETF trades

TD Ameritrade Logo

on TD Ameritrade's secure website

on TD Ameritrade's secure website

Fees

$6.95

per trade

Account Minimum

$0

Promotion

60

days of commission-free trades with qualifying deposit

Want to compare more options? Here are our other top picks:

Summary of Best Online Stock Brokers for Beginners of March 2019

BrokerCommissionsPromotionAccount MinimumLearn More
Ally Invest Logo

Ally Invest

on Ally Invest's secure website

$4.95

per trade

Up to $3,500

in cash bonus with a qualifying deposit

$0

on Ally Invest's secure website

Merrill Edge Logo

Merrill Edge

on Merrill Edge's secure website

$6.95

per trade

300

free stock and ETF trades

$0

on Merrill Edge's secure website

TD Ameritrade Logo

TD Ameritrade

on TD Ameritrade's secure website

$6.95

per trade

60

days of commission-free trades with qualifying deposit

$0

on TD Ameritrade's secure website

Etrade Logo

Etrade

on Etrade's secure website

$6.95

per trade

Up to 500

commission-free trades with a qualifying deposit

$500

on Etrade's secure website

Schwab Brokerage Logo

Schwab Brokerage

on Charles Schwab's secure website

$4.95

per trade

$100

cash bonus with a qualifying deposit

$0

on Charles Schwab's secure website

Fidelity Brokerage Logo

Fidelity Brokerage

on Fidelity's secure website

$4.95

per trade

300

commission-free trades with a qualifying deposit

$0

on Fidelity's secure website

Robinhood Logo

Robinhood

on Robinhood's secure website

$0

per trade

None

no promotion available at this time

$0

on Robinhood's secure website

Vanguard Brokerage Logo

Vanguard Brokerage

on Vanguard's secure website

$7.00

per trade

None

no promotion available at this time

$0

on Vanguard's secure website

BrokerCommissionsPromotionAccount MinimumLearn More
Ally Invest Logo

Ally Invest

on Ally Invest's secure website

$4.95

per trade

Up to $3,500

in cash bonus with a qualifying deposit

$0

on Ally Invest's secure website

Merrill Edge Logo

Merrill Edge

on Merrill Edge's secure website

$6.95

per trade

300

free stock and ETF trades

$0

on Merrill Edge's secure website

TD Ameritrade Logo

TD Ameritrade

on TD Ameritrade's secure website

$6.95

per trade

60

days of commission-free trades with qualifying deposit

$0

on TD Ameritrade's secure website

Etrade Logo

Etrade

on Etrade's secure website

$6.95

per trade

Up to 500

commission-free trades with a qualifying deposit

$500

on Etrade's secure website

Schwab Brokerage Logo

Schwab Brokerage

on Charles Schwab's secure website

$4.95

per trade

$100

cash bonus with a qualifying deposit

$0

on Charles Schwab's secure website

Fidelity Brokerage Logo

Fidelity Brokerage

on Fidelity's secure website

$4.95

per trade

300

commission-free trades with a qualifying deposit

$0

on Fidelity's secure website

Robinhood Logo

Robinhood

on Robinhood's secure website

$0

per trade

None

no promotion available at this time

$0

on Robinhood's secure website

Vanguard Brokerage Logo

Vanguard Brokerage

on Vanguard's secure website

$7.00

per trade

None

no promotion available at this time

$0

on Vanguard's secure website

More resources for new investors

Last updated on March 11, 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 Stock Brokers for Beginners of March 2019