9 of 15 brokerages we track charge $0 commission on online US stock/ETF trades and have a $0 account minimum: Fidelity, Charles Schwab, Vanguard, E*TRADE, Robinhood, Merrill Edge, Webull, Public, Firstrade. Options contract fees and transfer-out fees still vary (table below, as of the dates shown).
Data as of · Last updated · By VaultRubric Research · How we score · Not investment advice.
9 of 15 brokerages we track charge $0 commission on online US stock/ETF trades and have a $0 account minimum: Fidelity, Charles Schwab, Vanguard, E*TRADE, Robinhood, Merrill Edge, Webull, Public, Firstrade. Options contract fees and transfer-out fees still vary (table below, as of the dates shown).
| Broker | Stocks/ETFs | Options /contract | Minimum | Full transfer-out fee |
|---|---|---|---|---|
| Fidelity | $0 | $0.65 | $0 | $0 src · 2026-10-11 |
| Charles Schwab | $0 | $0.65 | $0 | $50 src · 2026-10-11 |
| Vanguard | $0 | $1 | $0 | $100 src · 2026-10-11 |
| E*TRADE | $0 | $0.65 | $0 | $75 src · 2026-10-11 |
| Robinhood | $0 | $0.5 | $0 | $100 src · 2026-10-11 |
| Interactive Brokers | IBKR Lite $0; Pro Fixed $0.005/sh, Tiered $0.0005–0.0035/sh | Fixed $0.65; Tiered $0.15–$0.65 | $0 | $0 src · 2026-10-11 |
| Merrill Edge | $0 | $0.65 | $0 | $49.95 src · 2026-10-11 |
| SoFi Invest | $0 | $0 | $5 | $100 src · 2026-10-11 |
| Webull | $0 | $0 | $0 | $75 src · 2026-10-11 |
| Public | $0 | $0 | $0 | $100 src · 2026-10-11 |
| Firstrade | $0 | $0 | $0 | $75 src · 2026-10-11 |
| M1 Finance | $0 | Options not offered | $0 commission; $3/month platform fee unless waived | $100 src · 2026-10-11 |
| Ally Invest | $0 | $0.5 | $0 self-directed; $100 robo; $100,000 Personal Advice | $50 src · 2026-10-11 |
| Betterment | $0 | unknown | $0; $5/mo under $24K or 0.25%/yr with $200+/mo deposits or $24K+ | $75 src · 2026-10-11 |
| Wealthfront | $0 | unknown | $1 (stock account); 0.25% advisory fee for Automated Investing | $0 src · 2026-10-11 |
Regulatory fees (SEC/FINRA TAF) apply at every broker. Best brokerage for beginners · Best for options.
9 of 15 brokerages we track charge $0 commission on online US stock/ETF trades and have a $0 account minimum: Fidelity, Charles Schwab, Vanguard, E*TRADE, Robinhood, Merrill Edge, Webull, Public, Firstrade. Options contract fees and transfer-out fees still vary (table below, as of the dates shown).
SoFi Invest, Webull, Public, Firstrade.
Common ones are options contract fees, transfer-out fees and regulatory fees; see the table.