Best Brokers for Beginner Investors

Admirals

Investors seeking stocks, ETFs, forex and CFDs

Admirals offers CFDs on forex, stocks, ETFs, indices, commodities and crypto, plus real stocks and ETFs through MetaTrader and Admirals platforms.

• Free deposits by bank transfer, cards, Klarna, Skrill and Brite
• One free withdrawal request every month
• Fractional stocks and ETFs from €1 or $1

Ally Invest

Investors seeking stocks, ETFs and options

Ally Invest combines self-directed trading with robo portfolios and personal advice, with $0 commissions on most U.S.-listed stocks and ETFs.

• $0 commissions on most U.S.-listed stocks and ETFs
• $0 options commission with a $0.50 contract fee
• $100 minimum for Ally Invest Robo Portfolios

Charles Schwab

Investors seeking stocks, ETFs, options and futures

Charles Schwab combines $0 online listed stock and ETF commissions with thinkorswim platforms, fractional S&P 500 Stock Slices, and automated portfolios.

• $0 online listed stock and ETF commissions reduce trading costs
• $0 brokerage opening, maintenance, and account minimums
• Stock Slices let clients buy S&P 500 fractional shares from $5

ETRADE from Morgan Stanley

Investors seeking stocks, ETFs, options and futures

ETRADE from Morgan Stanley offers $0 online stock and ETF trades, advanced Power ETRADE platforms, options, futures, bonds and managed portfolios.

• $0 online US-listed stock, ETF, mutual fund and options trades
• No brokerage account minimums or maintenance fees
• Options contract fee falls to $0.50 with 30+ quarterly trades

CMC Invest

Investors seeking stocks and ETFs

CMC Invest is an app-based investing platform with £0 commission, GIA, flexible ISAs, SIPP, stocks, ETFs and mutual funds. FX and plan fees vary by tier.

• £0 commission on all in-app trades
• Core plan has no monthly price plan fee
• FX fee falls to 0.39% on Premium

DEGIRO

Investors seeking stocks, ETFs, options and crypto

DEGIRO is an execution-only broker with low account costs, ETF and stock trading, options, bonds, funds and crypto investing on web and mobile platforms.

• No deposit or withdrawal fees
• No monthly service fees
• ETF Core Selection has € 0 commission plus € 1 handling

eToro

Investors seeking stocks, ETFs, options and futures

eToro is a multi-asset platform with stocks, ETFs, crypto, CFDs, CopyTrader, Smart Portfolios and a free $100,000 demo account.

• No account opening fee
• No management fee
• No inactivity fee

ii

Investors seeking stocks and ETFs

ii is a flat-fee investment platform with ISA, SIPP, Trading Account, funds, ETFs, shares, bonds, managed options and multi-currency investing.

• Core plan starts at £5.99 per month
• Regular investments are Free on every plan
• No fees for transfers in or out

Libertex

Investors seeking stocks, ETFs, options and forex

Libertex combines CFD trading across major asset classes with commission-free real stock investing through Libertex Invest.

• 0% commission on Libertex Invest stock purchases
• CFD commissions start from 0.0%
• Deposits are free

J.P. Morgan Wealth Management

Investors seeking stocks, ETFs and options

J.P. Morgan Wealth Management combines self-directed online investing with advisor services, $0 online stock and ETF trades, fractional shares and Chase app access.

• Unlimited $0 online trades on U.S.-listed stocks and ETFs
• Self-directed investing can start with as little as $1
• Fractional shares of S&P 500 and NASDAQ 100 assets from $5

Public

Investors seeking stocks, ETFs, options and crypto

Public is a US multi-asset investing platform offering stocks, ETFs, options, bonds, crypto, margin, AI tools, a trading API and cash products.

• $0 regular-hours US stock and ETF trades
• Options rebates of $0.06-$0.18 per stock or ETF contract
• Margin rates range from 4.90% to 4.25%

Robinhood

Investors seeking stocks, ETFs, futures and crypto

Robinhood combines stock tokens, crypto, staking, wallet services, and crypto perpetual futures under a Bank of Lithuania-regulated European entity.

• 0.1% FX fee covers stock-token orders
• Stock-token investing starts from €1
• Stock tokens trade from Monday 2 AM to Saturday 2 AM CET/CEST

Trading 212

Investors seeking stocks, ETFs and CFDs

Trading 212 offers commission-free investing in stocks and ETFs, fractional shares from £1, multi-currency accounts, cash interest, ISA, SIPP and CFD access.

• Free trading commission reduces dealing costs
• Free custody keeps ongoing account costs low
• Fractional shares start from £1

Wealthfront

Investors seeking stocks and ETFs

Wealthfront combines automated investing, stock and ETF trading, a cash account, direct indexing and bond ladders with low stated fees.

• Zero commissions on stock and ETF trades
• $1 minimum for Stock Investing Account
• Cash Account has zero account fees

Acorns

Investors seeking stocks and ETFs

Acorns is an automated saving and investing app with ETF portfolios, Round-Ups, retirement accounts, and pricing from $3/mo.

• Round-Ups invest spare change once it reaches at least $5
• Automatic rebalancing keeps Base portfolio allocations on track
• Dividends are automatically reinvested

Freetrade

Investors seeking stocks, ETFs and crypto

Freetrade is an investing platform with £0 dealing commissions, free ISA and SIPP access, stocks, ETFs, funds, gilts, ready-made portfolios and Crypto ETNs.

• £0 dealing commission per trade
• Basic plan has no monthly subscription fee
• ISA and SIPP available on the £0 Basic plan

interactive investor

Investors seeking stocks and ETFs

interactive investor is a UK flat-fee investment platform for shares, funds, ETFs, bonds, ISAs and SIPPs, with managed portfolios and multi-currency investing.

• Flat monthly plans start at £5.99 instead of a percentage fee
• Free regular investing across all plans
• Next-day GBP and EUR withdrawals have no charge

Lightyear

Investors seeking stocks, ETFs and crypto

Low-cost investing platform with free ETFs, multi-currency accounts, fractional investing, savings products, and a 0.35% FX fee.

• No account fee
• Free ETF execution and custody
• 0.35% FX conversion fee