r/lists • Posted by Michael Chen💰 Finance
Best Trading Apps for Beginners
10 items0 reactions0 followers
Thread
| # | Title | Min. Deposit (USD) | Commissions | Beginner Features | Ease of Use Rating | Actions |
|---|---|---|---|---|---|---|
| 1 | Robinhood | 0 | $0 for stocks, ETFs, and options | Fractional shares, intuitive mobile app, retirement incentives, commission-free trades | ||
| 2 | Webull | 0 | $0 for stocks, ETFs, and options | Paper trading, fractional shares, intuitive platform, commission-free trades | ||
| 3 | SoFi Invest | 0 | $0 for stocks, ETFs, options, and mutual funds | Fractional shares, financial planning, robo-advisor, educational content, 1% IRA match | ||
| 4 | Charles Schwab | 0 | $0 for online stocks and ETFs, $0.65 per options contract | Fractional shares (Stock Slices), extensive educational resources, strong customer support, deep research | ||
| 5 | E*TRADE | 0 | $0 for online stocks, ETFs, and mutual funds; $0.65 per options contract (can be lower) | Easy-to-use app, wide investment selection, real-time news, third-party research, fractional shares | ||
| 6 | Ally Invest | 0 | $0 for stocks, ETFs, and options ($0.50 per contract fee for options); $9.95 for mutual funds | Commission-free investing, easy-to-use trading tools, integration with Ally Bank, streaming charts | ||
| 7 | Interactive Brokers Lite | 0 | $0 for US-listed stocks and ETFs | Commission-free trading, no account minimums, educational resources (IBKR Campus), user-friendly mobile app | ||
| 8 | Acorns | 5 | None (monthly subscription fee applies) | Micro-investing (Round-Ups), automated investing, expert-built portfolios, educational content | ||
| 9 | Public.com | 20 | $0 for stocks, ETFs, and options (crypto has a spread) | Fractional shares, social investing features, investor community, high-yield cash account | ||
| 10 | Fidelity | 0 | $0 for US stocks, ETFs, and Fidelity mutual funds; $0.65 per options contract | Fractional shares (Stock Slices), extensive educational resources, 24/7 customer support, robust research |
Min. Deposit (USD)0
Commissions$0 for stocks, ETFs, and options
Beginner FeaturesFractional shares, intuitive mobile app, retirement incentives, commission-free trades
Ease of Use Rating
Min. Deposit (USD)0
Commissions$0 for stocks, ETFs, and options
Beginner FeaturesPaper trading, fractional shares, intuitive platform, commission-free trades
Ease of Use Rating
Min. Deposit (USD)0
Commissions$0 for stocks, ETFs, options, and mutual funds
Beginner FeaturesFractional shares, financial planning, robo-advisor, educational content, 1% IRA match
Ease of Use Rating
Min. Deposit (USD)0
Commissions$0 for online stocks and ETFs, $0.65 per options contract
Beginner FeaturesFractional shares (Stock Slices), extensive educational resources, strong customer support, deep research
Ease of Use Rating
Min. Deposit (USD)0
Commissions$0 for online stocks, ETFs, and mutual funds; $0.65 per options contract (can be lower)
Beginner FeaturesEasy-to-use app, wide investment selection, real-time news, third-party research, fractional shares
Ease of Use Rating
Min. Deposit (USD)0
Commissions$0 for stocks, ETFs, and options ($0.50 per contract fee for options); $9.95 for mutual funds
Beginner FeaturesCommission-free investing, easy-to-use trading tools, integration with Ally Bank, streaming charts
Ease of Use Rating
Min. Deposit (USD)0
Commissions$0 for US-listed stocks and ETFs
Beginner FeaturesCommission-free trading, no account minimums, educational resources (IBKR Campus), user-friendly mobile app
Ease of Use Rating
Min. Deposit (USD)5
CommissionsNone (monthly subscription fee applies)
Beginner FeaturesMicro-investing (Round-Ups), automated investing, expert-built portfolios, educational content
Ease of Use Rating
Min. Deposit (USD)20
Commissions$0 for stocks, ETFs, and options (crypto has a spread)
Beginner FeaturesFractional shares, social investing features, investor community, high-yield cash account
Ease of Use Rating
10Fidelity
Min. Deposit (USD)0
Commissions$0 for US stocks, ETFs, and Fidelity mutual funds; $0.65 per options contract
Beginner FeaturesFractional shares (Stock Slices), extensive educational resources, 24/7 customer support, robust research
Ease of Use Rating
Comments (0)
Log in to join the discussion