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Best Stock Brokers in 2024

Here’s our list of regulated and trusted stock brokers, tested with real money.

Fidelity Investment

Fidelity Investments
Stock score: ⭐4.8/5.

E-Trade

E*Trade
Stock score: ⭐4.7/5.

Charles Schwab

Charles SCHWAB
Stock score: ⭐4.7/5.

Merrill Edge

Merrill Edge
Stock score: ⭐4.6/5.

Interactive Brokers

Interactive Brokers
Stock score: ⭐4.5/5.

Saxo

Saxo
Stock score: ⭐4.5/5.

Ally Invest

Ally Invest
Stock score: ⭐4.3/5.

Robinhood

Robinhood
Stock score: ⭐4.3/5.

Firstrade

Firstrade
Stock score: ⭐4.2/5.

tastytrade

tastytrade
Stock score: ⭐4.0/5.

An Overview of the Best Stock Brokers in 2024

Here, you can find out more about the features of our Best Stock Brokers.

BrokerMinimum depositCredit/debit cardDemo accountFractional sharesTime to open an account
Fidelity Investments$0 YesYes 1-3 days
E*TRADE$0 1-3 days
Charles Schwab$0 YesYes 1 day
Merrill Edge$0 1 day
Interactive Brokers$0 YesYes 1-3 days
Saxo$0 Yes Yes1 day
Ally Invest$0 Yes1-3 days
Robinhood$0 Only debit cards Yes 1 day
Firstrade$0 Yes1-3 days
tastytrade$0 Yes 1 day

Trading Commissions at Top Stock Brokers

BrokerUS stockUK stockGerman stock

Fidelity Investments

$0.00 $11.30 $20.50
E*TRADE$0.00 --
Charles Schwab$0.00 --
Merrill Edge$0.00 --

Interactive Brokers

$1.00 $3.80 $3.80

Saxo

$1.60 $3.80 $3.20

Ally Invest

$0.00 --

Robinhood

$0.00 --

Firstrade

$0.00 --

tastytrade

$0.00 --

Non-trading fees at the Best Stock Brokers

Non-trading fees refer to fees or charges that are not directly related to a given trade. This usually includes account maintenance, deposit and withdrawal fees, and inactivity fees. You can learn about the Best Stock Brokers’ non-trading fees in the table below.

BrokerAccount FeeDeposit FeeWithdrawal FeeInactivity Fee

Fidelity Investments

$0 $0

E*TRADE

$0 $0

Charles Schwab

$0 $0

Merrill Edge

$0 $0

Interactive Brokers

$0 $0

Saxo

$0 $0

Ally Invest

$0 $0

Robinhood

$0 $0

Firstrade

-$0

tastytrade

-$0

Can I trust these stock brokers?

Can I trust these stock brokers? The answer to this question depends on the regulation of the brokers, the protections available to investors, and the impeccable track record of the brokers. This information is given below.

BrokerEstablishment YearTop-tier RegulatorsInvestor ProtectionInvolved in the Scandal

Fidelity Investments

1946SEC and FINRA in the US$500k (including $250k for claims for cash) to the US, £85k to the UK, and a minimum of €20k to EU countriesNo

E*TRADE

1982SEC and FINRA in the US$500k (including $250k for claims for cash) to the USNo

Charles Schwab

1971SEC and FINRA in the US/UK, SFC in the Hong Kong, and MAS Singapore$500k (including $250k for claims for cash) to the USNo

Merrill Edge

2010SEC and FINRA in the US$500k (including $250k for claims for cash) to the USNo

Interactive Brokers

1978FCA in the UK, SEC in the US, and ASIC in Australia$500k (up to $250k on cash) to US clients. No

Saxo

1992FSA in Denmark, FCA in the UK, FINMA in Switzerland and ASIC in Australia$100k cash and €20k securities to most EU clients.No

Ally Invest

2005SEC and FINRA in the US$500k (including $250k for claims for cash)No

Robinhood

2013SEC and FINRA in the US, FCA in the UK$500k (including $250k for claims for cash) to the US, £85k to the UK, and a minimum €20k to EU countriesNo

Firstrade

1985SEC and FINRA in the US$500k (including $250k for claims for cash)No

tastytrade

2017SEC and FINRA in the US$500k (including $250k for claims for cash)No

The Best Stock Brokers Snapshot

Fidelity Investment
Fidelity Investment
Mobile app score4.8
Minimum deposit$0
US stock fee$0
Inactivity fee
Demo account✔️
Time to open account1-3 days
Customer services24/7, via Phone, Live chat, and Email
Mobile app score4.7
Minimum deposit$0
US stock fee$0
Inactivity fee
Demo account
Time to open account1-3 days
Customer services24/7, via Phone, Live chat, and Email
Charles SCHWAB
Charles SCHWAB
Mobile app score4.7
Minimum deposit$0
US stock fee$0
Inactivity fee
Demo account✔️
Time to open account1 day
Customer services24/5, via Phone, Live chat, and Email
Merrill Edge
Merrill Edge
Mobile app score4.6
Minimum deposit$0
US stock fee$0
Inactivity fee
Demo account
Time to open account1 day
Customer services24/7 phone, chat, email, with in-person appointments available during Bank of America branch open hours.
Interactive Brokers
Interactive Brokers
Mobile app score4.6
Minimum deposit$0
US stock fee$1                                                                                                                                         
Inactivity fee
Demo account✔️
Time to open account1-3 days
Customer services24/5, via Phone, Live chat, and Email
SAXO Bank
SAXO Bank
Mobile app score4.5
Minimum deposit$0                                                                                                                                         
US stock fee$1.60                                                                                                                                         
Inactivity fee
Demo account✔️
Time to open account1 day
Customer services24/5, via Phone, Live chat, and Email
Ally Invest
Ally Invest
Mobile app score4.4
Minimum deposit$0
US stock fee$0                                                                                                                                         
Inactivity fee
Demo account✔️
Time to open account1-3 days
Customer services24/7, via Phone, Live chat, and Email
Robinhood
Robinhood
Mobile app score4.2
Minimum deposit$0
US stock fee$0
Inactivity fee
Demo account
Time to open account1 day
Customer services24/7 chat support
Firstrade
Firstrade
Mobile app score4.0
Minimum deposit$0
US stock fee$0                                                                                                                                         
Inactivity fee
Demo account
Time to open account1-3 days
Customer services24/5, via Phone, Email
Tastytrade
Tastytrade
Mobile app score4.0
Minimum deposit$0
US stock fee$0
Inactivity fee
Demo account
Time to open account1 day
Customer services24/5, via live chat, Email and Fax

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