Compare Online Brokers For IRAs
To open an IRA, 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 and select low-cost investments to choose from. One of the easiest ways to open an IRA is through an online stockbroker. After opening and funding your IRA account, you can buy 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.
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Ready to unlock your full financial potential? Answer a few questions and we'll match you with an advisor for free.| Broker | NerdWallet rating | Promotion | Fees | Account minimum |
|---|---|---|---|---|
4.5/5 Excellent for casual traders | 1% match on eligible contributions up to IRA contribution limits. | $0 | $0 | |
4.1/5 | Get $50 when you open & fund a new account with $5K on Chase.com or the Chase Mobile® app. | $0 per trade | $0 | |
4.8/5 | None no promotion available at this time | $0 per online equity trade | $0 | |
5.0/5 | None no promotion available at this time | $0 per trade | $0 |
| Broker | NerdWallet rating | Fees | Account minimum | Promotion | Learn more | |
|---|---|---|---|---|---|---|
4.5/5 Excellent for casual traders | $0 | $0 | 1% match on eligible contributions up to IRA contribution limits. | Learn moreon Robinhood's website | ||
4.1/5 | $0 per trade | $0 | Get $50 when you open & fund a new account with $5K on Chase.com or the Chase Mobile® app. | Learn moreon J.P. Morgan's website | ||
4.8/5 | $0 per online equity trade | $0 | None no promotion available at this time | Learn moreon Charles Schwab's website | ||
5.0/5 | $0 per trade | $0 | None no promotion available at this time | Learn moreon Interactive Brokers' website |
You may also like these
American Express® High Yield Savings Account
APY
3.60%
With $0 min. balance for APY
Bonus
N/A
Vanguard Cash Plus Account - Paid non-client promotion
Monthly fee
$0
APY
3.65%
With $0 min. balance for APY
Bonus
N/A
Betterment Cash Reserve – Paid non-client promotion
Monthly fee
$0
APY
4.50%
With $0 min. balance for APY
Bonus
N/A
To recap our selections...
NerdWallet's Compare Online Brokers For IRAs- Robinhood IRA: Excellent for casual traders
- J.P. Morgan IRA
- Charles Schwab
- Interactive Brokers IBKR IRA