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Our Picks for the Best Online Brokers For Stock Trading

We spent hundreds of hours reviewing the top online brokers before selecting our favorites. With standout features like low commission rates, superior investing tools, easy-to-access research and more, these brokers offer something for every investor — from beginners to seasoned traders. And to help you find the one that’s best for you, we’ve highlighted their pros, cons and current offers.
We spent hundreds of hours reviewing the top online brokers before selecting our favorites. To help you find the one that’s best for you, we’ve highlighted their pros, cons and current offers below.
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BrokerHighlightsCommissionsAccount MinimumCurrent OffersStart Investing
Merrill Edge
Merrill Edge
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Breadth of research from other providers and own offering
Commissions
$6.95
per trade
Current Offers
$100-$600
in cash bonus with a qualifying deposit
Open an account
on Merrill Edge's secure website
Show Details
Ally Invest
Ally Invest
Show Details
Impressive platform and research depth; low commissions
Commissions
$4.95
per trade
Current Offers
$100
cash bonus or up to $500 in free trades with a qualifying deposit
Open an account
on Ally Invest's secure website
Show Details
Etrade
Etrade
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Large selection; reasonable commissions and fees
Commissions
$6.95
per trade
Current Offers
60
days of commission-free trades with a qualifying deposit
Open an account
on Etrade's secure website
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TD Ameritrade
TD Ameritrade
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Top research; two powerful trade platforms; educational content
Commissions
$6.95
per trade
Current Offers
$100-$600
in cash bonus with a qualifying deposit
Open an account
on TD Ameritrade's secure website
Show Details
A little bit about us
At NerdWallet, we offer straightforward advice and unbiased tools to help you make the best possible financial decisions. All for free.
Advice you can bank on
We’ve spent hundreds of hours reviewing brokers and advisors, reading the fine print and putting each one to the test.
A balanced perspective
With diverse backgrounds – from ex-Wall Streeters to big-data nerds and more – we see financial products from all angles.
Up-to-date reviews
We regularly update our list of top brokers and advisors as they introduce new investing tools and services.