Top Low-Fee Brokers - Commissions, Spreads, FX and Custody Fees
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Broker Rankings

Best low-fee brokers

There is no single "low fee"-the true cost of a trade comprises multiple distinct components: commissions, spreads, currency conversion fees, custody charges, account maintenance fees, deposit and withdrawal fees, and the interest rate on any margin loan. A low charge in one area typically corresponds to higher costs elsewhere; therefore, the low-fee brokers listed on this page are evaluated based on their total cost structure rather than headline figures alone. For international investors, currency conversion represents a significant hidden expense-a modest foreign exchange markup on each cross-currency transaction can exceed nominal commission savings. Consequently, multi-currency accounts often deliver superior overall value compared with zero-commission platforms when considering the complete cost calculation.

Scalable Capital

Scalable Capital

Investors seeking stocks, ETFs and crypto

BaFin Deutsche Bundesbank
Stocks ETFs Crypto

Scalable Capital is a German neobroker and robo-advisor offering stocks, ETFs, funds, bonds, crypto ETPs and automated savings plans on a low-cost subscription model.

  • No account or custody fees
  • No inactivity fee
  • All savings plans execute for free from EUR 1 per month
SMARTBROKER+

SMARTBROKER+

Investors seeking stocks, ETFs and crypto

BaFin
Stocks ETFs Crypto

SMARTBROKER+ is a German online broker offering stocks, ETFs, funds, bonds, derivatives and crypto with free custody and commission-free gettex trading from EUR 500.

  • Free custody and account management
  • No deposit, withdrawal or inactivity fees
  • Commission-free gettex trading for orders of EUR 500 or more
SoFi Invest

SoFi Invest

Investors seeking stocks, ETFs, options and crypto

FINRA SIPC SEC
Stocks ETFs Options Crypto

SoFi Invest is a US brokerage offering commission-free stocks, ETFs, and options, a 0.25% robo-advisor, fractional shares, IPO access, and crypto trading in one platform.

  • Commission-free stock, ETF, and options trading
  • No per-contract or exercise fee on options
  • Fractional shares from $5
Stake

Stake

Investors seeking stocks and ETFs

ASIC SEC FINRA
Stocks ETFs

Stake is an Australian investing platform offering access to 12,000+ US and ASX-listed stocks and ETFs at A$3 or US$3 per trade.

  • Flat A$3 or US$3 brokerage on trades up to A$/US$30,000
  • CHESS-sponsored ASX trading with individual HIN
  • Fractional shares available for US stocks from US$10
TradeZero

TradeZero

Investors seeking stocks, ETFs and options

SCB FINRA SIPC CIRO AFM
Stocks ETFs Options

TradeZero is an active-trading broker founded in 2015 offering commission-free limit orders, direct market access, short-selling tools, and 16-hour extended trading hours.

  • Commission-free limit orders on eligible U.S. stocks
  • Strong short-selling tools with integrated stock locate feature
  • Extended trading hours 4 AM to 8 PM ET
Trading 212

Trading 212

Investors seeking stocks, ETFs and CFDs

FCA BaFin CySEC ASIC
Stocks ETFs 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