hether you’re an experienced investor or just getting started, you can buy and sell stocks, ETFs, and other investments via an online broker. The best online brokers have $0 stock and ETF trading, thousands of no-transaction-fee (NTF) mutual funds, and low-cost futures and options trades. The top online brokers also offer robust trading platforms, plenty of tools for researching and managing your investments, and excellent customer support that’s available when you need it.
Choosing an online broker can be tricky, with dozens of options. To help you get started, here are our top picks for online brokers that can meet the needs of everyday investors.
Our recommendations for the best online brokers
Best for high APY on uninvested cash: Robinhood Gold
If you like Robinhood and want to take your investing to the next level, consider Robinhood Gold. For $0 commissions (other fees may apply) Gold subscription fee applies after 30-day free trial, you’ll get access to a suite of premium tools and features, including lower margin rates, Level II market data from Nasdaq, and professional research from Morningstar. Existing customers earn 5.00% interest on your uninvested cash —a rate that’s competitive with some of the best high-yield savings accounts. Whether or not you’re a Gold subscriber, you can invest and trade commission-free on Robinhood.