Compare Online Brokers For Mutual Funds
To buy mutual 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 mutual funds is through an online brokerage. After opening and funding your account, you can buy mutual 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 | |
4.5/5 | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | $0 per trade | $0 | |
4.8/5 | None no promotion available at this time | $0 per online equity trade | $0 | |
4.4/5 | None no promotion available at this time | $0 per 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 | |
5.0/5 | 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 | ||
4.5/5 | $0 per trade | $0 | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | Learn moreon Robinhood'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 | None no promotion available at this time | Learn moreon Vanguard'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 | ||
5.0/5 | $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 |
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SoFi Checking and Savings

APY
3.80%
With $0 min. balance for APY
Bonus
$300
Earn up to $300 with direct deposit. Terms apply.
CIT Bank Platinum Savings

APY
4.10%
With $5,000 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
To recap our selections...
NerdWallet's Compare Online Brokers For Mutual Funds