Broker | Best For | Commissions | Account Minimum | Choose your platform |
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TD Ameritrade![]() |
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$0 $6.95 for OTC Stocks | $0 |
Get started
securely through TD Ameritrade's website
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1 Minute ReviewThis publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients. Pros
Cons
Current PromotionTrade commission–free for 90 days & get up to $2500 |
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Ally Investment![]() |
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$0 | $0 |
Get started
securely through Ally Investment's website
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1 Minute ReviewIf investors are on the hunt for a bargain broker, Ally Invest could be the one. With low commissions across the board, Ally Invest (formerly TradeKing) stops potential investors in their tracks with its especially low mutual fund commissions. Commissions on stocks and ETFs are notoriously inexpensive as well, and for more active traders or those with larger account balances, commissions are now $0. Pros
Cons
Current Promotion$3.95 per stock trade for Active Traders at Ally Invest |
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eTrade![]() |
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$0 | $0 |
Get started
securely through eTrade's website
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1 Minute ReviewE-Trade is best known for its user-friendly browser, desktop and mobile trading platforms and its extensive research and educational information. E-Trade may not have the lowest commissions compared to discount online brokers, but customers certainly get their money’s worth from E-Trade’s comprehensive offerings. Pros
Cons
Current Promotion60 days of commission-free trades with deposit of $10,000 or more |
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Wealthfront![]() |
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0.25% annual fee | $500 |
Get started
securely through Wealthfront's website
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1 Minute ReviewWealthfront offers automated investment services, customized according to the risk tolerance and investment goals of every investor. For assessing clients basic financial health, Wealthfront has designed a free financial planning solution, powered by its automated financial advice engine called Path. If you link all your accounts, Path can analyze your financial habits and help you determine where are your habits going to lead you in the future. Wealthfront also offers a high-yield cash account with a 2.51% APY, FDIC insurance up to $1M, and no fees. Investors who wish to invest their savings can use its automatic investing suite called PassivePlus at low cost. It offers the following strategies: Tax-Loss Harvesting, Stock-level Tax-Loss Harvesting, Smart Beta and Risk Parity. Pros
Cons
Current PromotionNone at this time |
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Betterment![]() |
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0.25% annual fee for accounts 0.4% Premium Plan with additional features annual fee for accounts more than $100,000 | $0 |
Get started
securely through Betterment's website
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1 Minute ReviewOffering personalized investment strategies, Betterment tailors customer portfolios based on a host of factors such as goal type, risk tolerance, account type, time horizon etc. The firm focuses on tax-efficient investing at all stages, which is its unique selling proposition. Pros
Cons
Current PromotionNone at this time |
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Vanguard |
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0.30% annual fee | $50,000 |
Get started
securely through Vanguard's website
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1 Minute ReviewVanguard Personal Advisor Services combines the best of high-touch, high-tech, and low-cost funds to help you with your real-life investing needs. Pros
Cons
Current PromotionNone |