The first-timer’s guide to buying stocks
STEP 1: FIND A BROKER THAT YOU LIKE
There are a lot of online brokers out there. So many, in fact, it can be overwhelming to weed through all the options — good and bad — and then confidently choose one. 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.”
STEP 1: FIND A BROKER THAT YOU LIKE
There are a lot of online brokers out there. So many, in fact, it can be overwhelming to weed through all the options — good and bad — and then confidently choose one. 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.”
The first-timer’s guide to buying stocks From Our Partners
Broker | NerdWallet rating | Promotion | Fees | Account minimum | Promotion | Learn more | |
---|---|---|---|---|---|---|---|
Fidelity Learn more on Fidelity's website | None no promotion available at this time | $0 per trade for online U.S. stocks and ETFs | $0 | None no promotion available at this time | Learn more on Fidelity's website | ||
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 | Exclusive! US resident opens a new IBKR Pro individual or joint account receives 0.25% rate reduction on margin loans. Tiers apply. | $0.005 per share; as low as $0.0005 with volume discounts | $0 | Exclusive! US resident opens a new IBKR Pro individual or joint account receives 0.25% rate reduction on margin loans. Tiers 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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