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.”
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.”
Compare Online Brokers For Index Funds From Our Partners
| Broker | NerdWallet rating | Promotion | Fees | Account minimum | Promotion | Learn more | |
|---|---|---|---|---|---|---|---|
 J.P. Morgan Self-Directed Investing Learn more on J.P. Morgan's website | 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 | Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. | Learn more on J.P. Morgan's website | ||
 Interactive Brokers IBKR Pro Learn more on Interactive Brokers' website | 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 | Exclusive! U.S. residents who open a new IBKR Pro account will receive a 0.25% rate reduction on margin loans. Terms apply. | Learn more on Interactive Brokers' website | |
 Charles Schwab Learn more on Charles Schwab's website | None no promotion available at this time | $0 per online equity trade | $0 | None no promotion available at this time | Learn more on Charles Schwab's website | ||
 Robinhood Learn more on Robinhood's website | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | $0 per trade | $0 | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | Learn more on Robinhood's website | ||
 E*TRADE Learn more on E*TRADE's website | Get up to $1,000 when you open and fund an E*TRADE account | $0 per trade. Other fees apply. | $0 | Get up to $1,000 when you open and fund an E*TRADE account | Learn more on E*TRADE's website |
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To recap our selections...
NerdWallet's Compare Online Brokers For Index Funds
- J.P. Morgan Self-Directed Investing
- Interactive Brokers IBKR Pro: Excellent for casual traders
- Charles Schwab
- Robinhood
- E*TRADE
