Brokerage Accounts

Brokerage accounts provide access to a range of investment options, including stocks, bonds and mutual funds.

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

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Read our brokerage reviews

Vanguard Review 2024: Pros, Cons and How It Compares

4.2

NerdWallet rating 
Vanguard's low-cost model and large fund selection make the broker a good choice for long-term investors, but the firm lacks the kind of robust trading platform active traders require.

Robinhood Review 2024: Pros, Cons and How It Compares

4.3

NerdWallet rating 
Robinhood will appeal to investors looking to cut costs. But customer support is lacking, and the broker has run afoul of regulators.

Interactive Brokers Review 2024: Pros, Cons and How It Compares

5.0

NerdWallet rating 
Interactive Brokers attracts active traders with low per-share pricing, an advanced trading platform, a large selection of tradable securities — including foreign stocks — and ridiculously low margin rates. Its base offering, IBKR Lite, offers commission-free trades of stocks and ETFs.

Fidelity Investments Review 2024: Pros, Cons and How It Compares

5.0

NerdWallet rating 
Fidelity is one of the most well-rounded brokerages available today, with no commissions on stock or ETF trades and a selection of no-expense-ratio index funds suited to both beginner and active investors.

Webull Review 2024: Pros, Cons and How It Compares

5.0

NerdWallet rating 
Webull has some of the lowest fees among brokerages, without skimping on advanced trading tools. Despite the low costs, it may not be the best brokerage for beginners.

SoFi Active Investing Review 2024: Pros, Cons and How It Compares

4.3

NerdWallet rating 
SoFi Active Investing is geared toward young investors getting their start in trading, with commission-free trades of stocks, ETFs and fractional shares.

TD Ameritrade Review 2023: Pros, Cons and How It Compares

5.0

NerdWallet rating 
Charles Schwab acquired TD Ameritrade in 2019, and is currently working to transition clients. NerdWallet is no longer updating this review.

E*TRADE Review 2024: Pros, Cons and How It Compares

4.4

NerdWallet rating 
E*TRADE excels even outside of its $0 commissions, with superb educational resources, portfolio-building tools and a large mutual fund selection.

J.P. Morgan Self-Directed Investing Review 2024: Pros, Cons and How It Compares

4.1

NerdWallet rating 
J.P. Morgan Self-Directed Investing charges no commissions and offers a highly integrated app, which makes it a solid choice for individuals who want to trade their own investments — especially existing Chase customers.

Ally Invest Review 2024: Pros, Cons and How It Compares

4.4

NerdWallet rating 
One of the best low-cost brokers, Ally Invest does it all — and it's especially good for active traders.

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