Find the Best Stock Broker | Compare online brokerages

Find the Best Stock Broker

Photo of Arielle O'Shea
Curated By
Arielle O'Shea
June 2016

Our goal is to help you find the best stock broker for your needs, and to that end, our team has spent over 300 hours reviewing the top online brokerages. We consider how each stock broker stacks up against the most important factors for investors, evaluating over 15 criteria before assigning each broker a rating or making a recommendation. Our selections are all online brokers due to their low cost and convenience, and we've included several robo-advisors for investors who want managed portfolios.

We strive to put the consumer first and all reviews are solely based on our team’s editorial analysis. NerdWallet does not have relationships with every brokerage listed, and our recommendations are completely independent of any partnerships. For complete transparency you can see How We Make Money.

Select Your Preferences

Tell us about your investing preferences and we’ll show you the best brokerage, completely tailored to your needs.

What do you want to invest in?

The first step in choosing an investment account is understanding your investing strategy.

Investors who trade individual stocks and advanced securities like options are looking for exposure to specific companies or trading strategies.

Mutual funds and ETFs are typically best suited to investing for long-term goals that are at least 5 years away, like retirement, a far-off home purchase or college.

Beginners and long term investors often look to get exposure to whole markets and don't have a preference on which type of securities to trade.

Investment Type
Amount
Trade Frequency
Management
Features

Recommended stock brokers for you

BrokerBest ForHighlightsCommissionsAccount MinimumCurrent OffersStart Investing
Betterment
Our Review
  • ETFs
Goal-based tools motivate investors to save more
  • 0.35% management fee
  • $0 account min.
Up to 6 months of free management
Get Started
on Betterment’s secure website.
Charles Schwab
Our Review
  • Stocks
  • ETFs
Among largest selections of commission-free ETFs
  • $8.95/trade
  • Best for trading monthly, occasionally
  • $1,000 account min.
Up to $500 cash bonus
Get Started
on Charles Schwab’s secure website.
Fidelity
Our Review
  • Stocks
  • Options
Leads on research - reports from 20+ firms
  • $7.95/trade
  • Best for trading monthly, occasionally
  • $2,500 account min.
300 commission-free trades
Get Started
on Fidelity’s secure website.
Options House
Our Review
  • Stocks
  • Options
Low commissions; superior tools, particularly for options
  • $4.95/trade
  • Best for trading weekly, monthly, occasionally
  • $0 account min.
60 days of free trading
Get Started
on Options House’s secure website.
TD Ameritrade
Our Review
  • ETFs
  • Stocks
  • Options
Top research; two powerful trade platforms; educational content
  • $9.99/trade
  • Best for trading monthly, occasionally
  • $0 account min.
Up to $600 cash bonus
Get Started
on TD Ameritrade’s secure website.
Wealthfront
Our Review
  • ETFs
Offers superior tax efficiency on accounts over $100,000
  • 0.25% management fee
  • $500 account min.
NerdWallet readers get first $15K managed for free
Get Started
on Wealthfront’s secure website.
Etrade
Our Review
  • Stocks
  • ETFs
  • Options
Large selection; reasonable commissions and fees
  • $9.99/trade
  • Best for trading weekly, monthly
  • $500 account min.
Cash bonus for new accounts
Get Started
on Etrade’s secure website.
Merrill Edge
Our Review
  • Stocks
  • Research
High-quality customer service with low commissions and fees
  • $6.95/trade
  • Best for trading weekly, monthly, occasionally
  • $0 account min.
Up to $600 cash bonus
Get Started
on Merrill Edge’s secure website.
Interactive Brokers
Our Review
  • Stocks
  • ETFs
  • Options
Discounts for frequent traders; among best platforms
  • $1/trade
  • Best for trading weekly, monthly
  • $10,000 account min.
$3,000 min. deposit if you are under age 25
Get Started
on Interactive Brokers’s secure website.
Personal Capital
Our Review
  • ETFs
Offers a number of tools completely free
  • 0.89% management fee
  • $25,000 account min.
None available
Get Started
on Personal Capital’s secure website.
Scottrade
Our Review
  • Stocks
Real-time data and charting in a customizable package
  • $7/trade
  • Best for trading weekly, monthly
  • $2,500 account min.
50 free trades with deposits over $10,000
Get Started
on Scottrade’s secure website.
TradeKing
Our Review
  • Stocks
  • Options
Impressive platform and research depth; low commissions
  • $4.95/trade
  • Best for trading weekly, monthly
  • $0 account min.
Up to $1,000 in free trade commissions
Get Started
on TradeKing’s secure website.
Vanguard
Our Review
  • ETFs
Industry leader in low-cost mutual funds, ETFs and index funds
  • $7/trade
  • Best for trading monthly, occasionally
  • $0 account min.
None available
Get Started
on Vanguard’s secure website.
T. Rowe Price
Our Review
  • Stocks
  • ETFs
  • Options
Direct access to its low-fee, high-quality mutual funds
  • $19.95/trade
  • Conditional
  • Best for trading monthly, occasionally
  • $2,500 account min.
$1,000 account min. for IRAs
Get Started
on T. Rowe Price’s secure website.
Sharebuilder
Our Review
  • Stocks
  • ETFs
  • Options
Automatic-investing program is great for a newbie
  • $6.95/trade
  • Best for trading weekly, monthly
  • $0 account min.
Up to $600 cash bonus for qualifying deposit
Get Started
on Sharebuilder’s secure website.
TradeStation
Our Review
  • Options
Award-winning platform, in-depth research, and advanced tools
  • $4.99/trade
  • Best for trading weekly, monthly
  • $5,000 account min.
Save 20% on commissions through September 2016
Get Started
on TradeStation’s secure website.
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