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Smart investing decisions start here

Our Nerds investigated investment selection, fees, and more to bring you the top investing platforms, retirement accounts, and brokers of 2023. While some winners may be partners, this didn't influence our decisions.

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Check out the winners

Best Online Broker for Beginning Investors

Fees

$0

per trade for online U.S. stocks and ETFs

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock, ETF and options trades.
  • Large selection of research providers.
  • Strong customer service.
  • Expense-ratio-free index funds.
  • Highly rated mobile app.
  • High interest rate on uninvested cash.

Cons

  • Relatively high broker-assisted trade fee.
Read full review
Fees

$0

per trade for online U.S. stocks and ETFs

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock, ETF and options trades.
  • Large selection of research providers.
  • Strong customer service.
  • Expense-ratio-free index funds.
  • Highly rated mobile app.
  • High interest rate on uninvested cash.

Cons

  • Relatively high broker-assisted trade fee.
Read full review

Why our Nerds love it

Fidelity is a perennial winner here. It offers $0 trading commissions, over 3,000 no-transaction-fee mutual funds, and extensive investor education.

Read our methodology

Best Online Broker for Stock Trading Platform and Research

TD Ameritrade

5.0

NerdWallet rating 
Fees

$0

per trade

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock and ETF trades.
  • Free research.
  • High-quality trading platforms.
  • No account minimum.
  • Good customer support.
  • Large investment selection.

Cons

  • No fractional shares.
Read full review
Fees

$0

per trade

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock and ETF trades.
  • Free research.
  • High-quality trading platforms.
  • No account minimum.
  • Good customer support.
  • Large investment selection.

Cons

  • No fractional shares.
Read full review

Why our Nerds love it

TD Ameritrade wins again for its professional-level trading platform and free access to research from more than a dozen high-quality sources.

Read our methodology

Best App for Investing

Fees

$0

per trade for online U.S. stocks and ETFs

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock, ETF and options trades.
  • Large selection of research providers.
  • Strong customer service.
  • Expense-ratio-free index funds.
  • Highly rated mobile app.
  • High interest rate on uninvested cash.

Cons

  • Relatively high broker-assisted trade fee.
Read full review
Fees

$0

per trade for online U.S. stocks and ETFs

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock, ETF and options trades.
  • Large selection of research providers.
  • Strong customer service.
  • Expense-ratio-free index funds.
  • Highly rated mobile app.
  • High interest rate on uninvested cash.

Cons

  • Relatively high broker-assisted trade fee.
Read full review

Why our Nerds love it

Fidelity wins again for its all-star lineup of trading tools and research. Fidelity’s mobile apps have the highest average user rating of companies we reviewed.

Read our methodology

Best Online Broker for IRA Investing

Fees

$0

per trade for online U.S. stocks and ETFs

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock, ETF and options trades.
  • Large selection of research providers.
  • Strong customer service.
  • Expense-ratio-free index funds.
  • Highly rated mobile app.
  • High interest rate on uninvested cash.

Cons

  • Relatively high broker-assisted trade fee.
Read full review
Fees

$0

per trade for online U.S. stocks and ETFs

Account minimum

$0

Promotion

None

no promotion available at this time

Pros

  • Commission-free stock, ETF and options trades.
  • Large selection of research providers.
  • Strong customer service.
  • Expense-ratio-free index funds.
  • Highly rated mobile app.
  • High interest rate on uninvested cash.

Cons

  • Relatively high broker-assisted trade fee.
Read full review

Why our Nerds love it

Fidelity’s low fees, retirement tools and expense-ratio-free index funds make it a clear winner for retirement investors.

Read our methodology

BEST ROBO-ADVISOR FOR LOW-COST INVESTING

Vanguard Digital Advisor
READ REVIEW

PAID NON-CLIENT PROMOTION

READ REVIEW

PAID NON-CLIENT PROMOTION

  • Access to Vanguard’s investing expertise and ETFs.
  • Low management fee relative to competitors.
  • Low investment expense ratios and no additional account fees.
  • Access to Vanguard’s investing expertise and ETFs.
  • Low management fee relative to competitors.
  • Low investment expense ratios and no additional account fees.
,

Why our Nerds love it

Vanguard Digital Advisor wins again for its low management fees, low investment expense ratios and no additional account fees.

Read our methodology

BEST ROBO-ADVISOR FOR PORTFOLIO OPTIONS

Wealthfront
READ REVIEW

PAID NON-CLIENT PROMOTION

READ REVIEW

PAID NON-CLIENT PROMOTION

  • Low ETF expense ratios.
  • Daily tax-loss harvesting.
  • Automatic rebalancing.
  • Low ETF expense ratios.
  • Daily tax-loss harvesting.
  • Automatic rebalancing.
,

Why our Nerds love it

Wealthfront offers ETFs from 12 asset classes, a socially responsible portfolio, and access to cryptocurrency trusts. Clients can customize their portfolios.

Read our methodology

BEST ONLINE FINANCIAL ADVISOR

Zoe Financial
READ REVIEW

PAID NON-CLIENT PROMOTION

READ REVIEW

PAID NON-CLIENT PROMOTION

  • Makes it easy to find a financial advisor.
  • Network of financial advisors offer a wide range of planning services.
  • No fee for using Zoe Financial to find an advisor.
  • Makes it easy to find a financial advisor.
  • Network of financial advisors offer a wide range of planning services.
  • No fee for using Zoe Financial to find an advisor.
,

Why our Nerds love it

Zoe Financial will help you find a carefully vetted advisor who can assist you with retirement planning, investing, tax strategy and more.

Read our methodology

BEST ROBO-ADVISOR FOR IRA INVESTING

Schwab Intelligent Portfolios®
READ REVIEW

UNPAID NON-CLIENT PROMOTION

  • No management fee.
  • Wide ETF selection.
  • Customizable portfolio.
  • No management fee.
  • Wide ETF selection.
  • Customizable portfolio.
,

Why our Nerds love it

Schwab's $0 account management fee, strong customer support and variety of portfolio options make it a clear choice for retirement planning.

Read our methodology

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Nerdwallet is not an investment advisor and does not provide investment advice. The list provides information and education for potential investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities.