Best Low Fees Brokers

Compare the top-rated brokers for low fees with scores up to 98/100

Best Brokers for Low Fees

I

Interactive Brokers

Top Choice 2024
4.8/5
282,528 traders chose this broker
Trust score:99/100
Experience:47 years
Start Trading

Trading fees

$0.0005 to $0.0035 per share

Min deposit

$0

Platforms

TWS, IBKR Mobile, Web Portal

Regulation

SEC, FINRA, FCA, CySEC, MAS

StocksETFsOptionsFuturesForexBondsCrypto

Advantages

  • Lowest trading fees in the industry
  • Most trusted regulatory licenses

Disadvantages

  • Complex platform for beginners
  • High minimum for margin accounts
R

Robinhood

Best Mobile App
4.2/5
2,200,000 traders chose this broker
Trust score:85/100
Experience:10 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

Mobile App, Web Platform

Regulation

SEC, FINRA, SIPC

StocksETFsOptionsCryptoADRs

Advantages

  • Commission-free trading
  • User-friendly mobile app

Disadvantages

  • Basic research tools
  • Limited investment options
F

Fidelity

Best for Beginners
4.8/5
145,389 traders chose this broker
Trust score:98/100
Experience:77 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

Active Trader Pro, Mobile App, Web Platform

Regulation

SEC, FINRA

StocksETFsOptionsMutual FundsBondsCDs

Advantages

  • Excellent research tools
  • Fractional share trading

Disadvantages

  • Active Trader Pro needs improvement
  • No crypto trading
W

Webull

Best Mobile App
4.6/5
150,000 traders chose this broker
Trust score:90/100
Experience:5 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

Desktop App, Web Platform, Mobile App

Regulation

SEC, FINRA

StocksETFsOptionsCryptoADRs

Advantages

  • Commission-free trading
  • Advanced mobile app

Disadvantages

  • Limited investment options
  • No mutual funds or bonds
P

Public.com

Best Social Trading
4.3/5
1,000,000 traders chose this broker
Trust score:88/100
Experience:4 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

Mobile App, Web Platform

Regulation

SEC, FINRA, SIPC

StocksETFsCryptoArt & CollectiblesNFTs

Advantages

  • Commission-free trading
  • Social features

Disadvantages

  • Limited investment options
  • No margin trading
M

Moomoo

Best Research Tools
4.4/5
800,000 traders chose this broker
Trust score:87/100
Experience:5 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

Mobile App, Web Platform, Desktop Platform

Regulation

SEC, FINRA, MAS, SFC

StocksETFsOptionsADRsOTC

Advantages

  • Advanced trading tools
  • Free Level 2 data

Disadvantages

  • Limited investment options
  • Complex interface for beginners
K

Kraken

Best for Crypto
4.7/5
275,000 traders chose this broker
Trust score:95/100
Experience:12 years
Start Trading

Trading fees

From 0.16%

Min deposit

$0

Platforms

Kraken Pro, Kraken Terminal, Mobile App

Regulation

FinCEN, FCA, FINTRAC

CryptoCrypto FuturesForexStaking

Advantages

  • High security standards
  • Advanced trading features

Disadvantages

  • Complex for beginners
  • Limited payment methods
T

TD Ameritrade

Best for Day Trading
4.7/5
169,419 traders chose this broker
Trust score:95/100
Experience:48 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

thinkorswim, TD Mobile, Web Platform

Regulation

SEC, FINRA

StocksETFsOptionsFuturesForexBondsMutual Funds

Advantages

  • Excellent thinkorswim platform
  • Comprehensive educational resources

Disadvantages

  • Higher options contract fees
  • No fractional shares
C

Charles Schwab

Best Overall
4.8/5
180,000 traders chose this broker
Trust score:98/100
Experience:50 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

StreetSmart Edge, Web Trading, Mobile App

Regulation

SEC, FINRA

StocksETFsOptionsFuturesBondsMutual Funds

Advantages

  • Comprehensive trading platform
  • Excellent research tools

Disadvantages

  • Advanced platform learning curve
  • No crypto trading
T

TradeStation

Best for Professionals
4.7/5
120,000 traders chose this broker
Trust score:94/100
Experience:40 years
Start Trading

Trading fees

$0 for stocks and ETFs

Min deposit

$0

Platforms

TradeStation Desktop, Web Trading, Mobile App

Regulation

SEC, FINRA, SIPC

StocksETFsOptionsFuturesCryptoBonds

Advantages

  • Professional-grade platform
  • Advanced analysis tools

Disadvantages

  • Learning curve
  • Platform fees for small accounts