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Best Brokers for Beginners: Top Picks for 2025

To help you make the best decision, we’ve narrowed it down to six top-rated brokers. Each one stands out for beginner-friendly features, whether it’s low fees, educational resources, or hands-on support. Getting started with investing can feel like a challenge, but it doesn’t have to be. Thanks to online brokers, buying stocks is easier and more affordable than ever. Access to education and research is also important when you’re a new investor. Any platform that caters to beginners should have a section dedicated to these topics.

If you’re looking to invest in foreign markets, you’ll want to find a broker that offers access but also specializes in investments outside the U.S. You should also look out for account minimums, which can be steep with some brokerages. As a beginner investor, you have access to several great brokerage services that don’t have balance requirements.

Crypto Exchanges

The app makes investing approachable by removing jargon and simplifying the process, making it ideal for beginners who prefer to learn collaboratively. The platform features $0 commissions on stocks and ETFs, a range of low-cost index funds and one of the easiest account opening processes on the market. Schwab’s “Start Investing” education section provides curated content for those new to investing and the Schwab mobile app is clean, fast and easy to navigate. The platform provides access to stocks, ETFs, mutual funds and more, all with intuitive tools and excellent customer support. New investors can take advantage of personalized planning calculators, investor FAQs and guided learning modules on everything from how to build a portfolio to what diversification really means. Fidelity’s commitment to transparency and customer-first service is ideal for those just getting started.

Financial Regulation

Yes, you can teach yourself to trade, provided you have realistic expectations and stay at it through a full market boom-and-bust cycle. Don’t invest more than a fraction of your trading capital at once, and keep a trading journal noting why you entered and exited each trade and how well that trade performed. Most traders fail because they focus on chasing the upside more than managing risk. Dive deeper and learn more about using trading journals for stock trading. Here’s a comparison of pricing across beginner trading platforms. Brokerage services for Atomic are provided by Atomic Brokerage LLC (“Atomic Brokerage”), member of FINRA/SIPC and an affiliate of Atomic, which creates a conflict of interest.

Who It’s Best For

If you feel like you’re falling behind in your investment knowledge, don’t worry. Wherever you are in your personal finance journey, there’s no better time to brush up on your investing knowledge than right now. By taking the time to seek out best online brokers for beginners the best online stock brokers for beginners to jumpstart your portfolio, you’re already well on your way to making a splash in the markets. Notably, Fidelity boasts some of the lowest fees in the industry, with commission-free trading on stocks, ETFs, options and Fidelity mutual funds.

There are no account minimums or annual fees, further cementing its reputation as an affordable option. There is a $100 fee to transfer from Robinhood to an outside brokerage. At Motley Fool Money, brokerages are rated on a scale of one to five stars. We primarily focus on fees, available assets, and user experience; however, we also take into account features like research, education, tax-loss harvesting, and customer service. Our highest-rated brokerages generally include low fees, a diverse range of assets and account types, and useful platform features.

SoFi Active Investing

Platforms like Acorns or robo-advisors through Fidelity are excellent for passive investing. Fidelity shines with its investor education and retirement-focused tools. Brokerage accounts are usually taxable at the federal or state level. Regardless of whether you withdraw assets from your account, you’ll likely have to pay income tax for that year. The same goes for capital gains, but you won’t pay tax on those gains until you sell. The criteria collected was then used to compare each company to find which broker is best for beginning investors.

InteractiveBrokers (IBKR) is a low-cost international trading platform. With InteractiveBrokers, you’ll have global access to stocks, options, futures, and more from a single account. There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received.

And if you spot something off, let us know—we’re all about improving the financial journey together. Our Smile Money Picks are updated quarterly to make sure you’re always getting the best value with tools that actually help you grow. At phroogal, we believe in simplifying money decisions so you can live well and invest confidently. According to Investopedia’s latest Reader Survey, our readers revealed that they still own their favorite stocks, despite tariff and recession-related worries being among their top concerns. A newsletter built for market enthusiasts by market enthusiasts.

  • Investors looking for maximum flexibility and low (or no) trading costs should explore a brokerage or retirement account with Schwab.
  • The broker was also one of the first to offer reduced fees with no commissions on stock, ETF or options trades, as well as a comprehensive online learning center.
  • You can open a standard brokerage account, IRA, or custodial account with M1.
  • However, Robinhood’s investment options are limited compared to some competitors.

WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. All of these apps are fully insured and licensed in the U.S., and offer a safe and secure way to invest. You just need to find one that fits your investing style to get started.

  • First, you’ll need to sell any investments in order to have cash in your account if you didn’t have uninvested cash already.
  • Its strongest feature is its trading app, which is available on mobile and desktop.
  • Finding a quality brokerage account that makes it easy to start has never been easier.
  • New investors can take advantage of personalized planning calculators, investor FAQs and guided learning modules on everything from how to build a portfolio to what diversification really means.
  • After that, the annual gross advisory fee is 0.20% for an all-index fund portfolio or 0.25% for a blended portfolio of Vanguard ETFs and actively managed mutual funds.

It gives you the opportunity to invest in a basket of top-performing companies without having to pick individual stocks. While most index fund managers typically charge a small fee, Fidelity is the first company to offer index funds with no fees. J.P. Morgan Self-Directed Investing is Chase Bank’s investment platform meaning a huge draw is the smooth integration with Chase online and Chase Mobile.

Best for low-cost index investing: Vanguard Digital Advisor®

We receive compensation from the companies that advertise on Blueprint which may impact how and where products appear on this site. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Blueprint. Blueprint does not include all companies, products or offers that may be available to you within the market.

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