Compare Online Brokers For Index Funds
To buy index funds, you’ll first need a brokerage account, which you can set up in about 15 minutes. Then, once you’ve added money to the account, you can find, select and invest in various funds. One of the easiest ways to buy index funds is through an online brokerage. After opening and funding your account, you can buy index funds through the broker’s website in a matter of minutes. To make the search easier, we created this shortlist of picks from our partners.
“NerdWallet, Inc. is not an investment advisor and does not provide advice, brokerage services, or recommendations to buy or sell particular stocks or securities.”
| Broker | NerdWallet rating | Promotion | Fees | Account minimum |
|---|---|---|---|---|
4.5/5 | Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. | $0 per trade | $0 | |
4.3/5 | Get up to $1,000 when you open and fund an E*TRADE brokerage account. Terms apply. | $0 per trade. Other fees apply. | $0 | |
4.8/5 | None no promotion available at this time | $0 per online equity trade | $0 | |
4.4/5 | Get up to $1,000 in stock when you fund a new account. Terms & Conditions Apply. | $0 per trade | $0 | |
4.4/5 | None no promotion available at this time | $0 per trade | $0 | |
5.0/5 Excellent for casual traders | Exclusive! U.S. residents who open a new IBKR Pro account will receive a 0.25% rate reduction on margin loans. Terms apply. | $0.005 per share; as low as $0.0005 with volume discounts | $0 |
| Broker | NerdWallet rating | Fees | Account minimum | Promotion | Learn more | |
|---|---|---|---|---|---|---|
4.5/5 | $0 per trade | $0 | Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. | Learn moreon J.P. Morgan's website | ||
4.3/5 | $0 per trade. Other fees apply. | $0 | Get up to $1,000 when you open and fund an E*TRADE brokerage account. Terms apply. | Learn moreon E*TRADE's website | ||
4.8/5 | $0 per online equity trade | $0 | None no promotion available at this time | Learn moreon Charles Schwab's website | ||
4.4/5 | $0 per trade | $0 | Get up to $1,000 in stock when you fund a new account. Terms & Conditions Apply. | Learn moreon SoFi Invest®'s website | ||
4.4/5 | $0 per trade | $0 | None no promotion available at this time | Learn moreon Vanguard's website | ||
5.0/5 Excellent for casual traders | $0.005 per share; as low as $0.0005 with volume discounts | $0 | Exclusive! U.S. residents who open a new IBKR Pro account will receive a 0.25% rate reduction on margin loans. Terms apply. | Learn moreon Interactive Brokers' website |
You may also like these
Robinhood
Fees
$0
per trade
Account minimum
$0
Promotion
1 Free Stock
after linking your bank account (stock value range $5.00-$200)
Webull
Fees
$0
per trade
Account minimum
$0
Promotion
Get 20 free fractional shares (each valued up to $3,000)
when you open and fund an account with Webull.
To recap our selections...
NerdWallet's Compare Online Brokers For Index Funds- J.P. Morgan Self-Directed Investing
- E*TRADE
- Charles Schwab
- SoFi Active Investing
- Vanguard
- Interactive Brokers IBKR Pro: Excellent for casual traders