{ "publisher": "VaultRubric", "url": "https://vaultrubric.com", "generated": "2026-10-11", "license": "Free to use, quote and cite with attribution: 'Source: VaultRubric (vaultrubric.com)' and a link to the relevant vaultrubric.com page. Facts carry their original source URL and as-of date; scores are VaultRubric's methodology (https://vaultrubric.com/methodology). Not investment advice.", "methodology": "https://vaultrubric.com/methodology", "attribution": "Source: VaultRubric (vaultrubric.com)", "category": "Brokerage & IRA", "slug": "brokerages", "criteria": { "trading": "Trading costs", "minimum": "Account minimum", "ira": "IRA options", "transfer_out": "Transfer-out fee", "protection": "Protection (SIPC)", "regulatory": "Regulatory record" }, "scoring": "Equal weights across the whole category; scores are relative to the products in this file (head-to-head pages compare only the listed products, so numbers differ).", "category_pick": null, "too_close_to_call": [ "Wealthfront", "Fidelity" ], "products": [ { "name": "Wealthfront", "category": "Brokerage & IRA", "vaultrubric_score_pct": 88.3, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-10); options: not found per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.wealthfront.com/pricing" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "$1 (stock account); 0.25% advisory fee for Automated Investing (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.wealthfront.com/pricing" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "Types: Traditional, Roth, SEP, Rollover (as of 2026-10-10); match: none found (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.wealthfront.com/retirement" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "$0 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://support.wealthfront.com/hc/en-us/articles/115003462743-Can-I-transfer-the-securities-in-my-account-to-another-firm" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (Wealthfront Brokerage LLC member FINRA/SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.wealthfront.com/legal/disclosure" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Base 10, no actions in last 5 yrs found. Note: only SEC action found Dec 2018, outside window", "sources": [ "https://www.sec.gov/newsroom/press-releases/2018-300" ] } ], "score_math": "0.167×10.0 + 0.167×8.0 + 0.167×7.0 + 0.167×10.0 + 0.167×8.0 + 0.167×10.0 = 8.84 → 88.3%", "facts": { "official_url": { "value": "https://www.wealthfront.com/pricing", "as_of": "2026-10-10", "source_url": "https://www.wealthfront.com/pricing", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-10", "source_url": "https://www.wealthfront.com/pricing", "source_type": "official" }, "account_minimum": { "value": "$1 (stock account); 0.25% advisory fee for Automated Investing", "as_of": "2026-10-10", "source_url": "https://www.wealthfront.com/pricing", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "SEP", "Rollover" ], "as_of": "2026-10-10", "source_url": "https://www.wealthfront.com/retirement", "source_type": "official" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.wealthfront.com/pricing", "source_type": "official" }, "transfer_out_fee": { "value": 0, "as_of": "2026-10-11", "source_url": "https://support.wealthfront.com/hc/en-us/articles/115003462743-Can-I-transfer-the-securities-in-my-account-to-another-firm", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.wealthfront.com/legal/disclosure", "source_type": "official" }, "regulatory_actions_5y": { "value": [], "as_of": "2026-10-10", "source_url": "https://www.sec.gov/newsroom/press-releases/2018-300", "source_type": "official" }, "affiliate_program": { "value": { "network": "Impact", "payout": null }, "as_of": "2026-10-10", "source_url": "https://www.affilitizer.com/programs/wealthfront.com", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 153407, "brokercheck_regulatory_event_count_all_time": 0 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/153407", "source_type": "regulator" } } }, { "name": "Fidelity", "category": "Brokerage & IRA", "vaultrubric_score_pct": 87.3, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 7.4, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0.65 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.fidelity.com/trading/commissions-margin-rates", "https://www.fidelity.com/trading/commissions-margin-rates" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.fidelity.com/trading/commissions-margin-rates" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "Types: Traditional, Roth, SIMPLE (fee schedule), Rollover (as of 2026-10-10); match: none offered (as of 2026-10-10) ⚑ third-party source (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.fidelity.com/trading/commissions-margin-rates", "https://gainsumo.com/broker-fee-comparison/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "$0 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.fidelity.com/trading/commissions-margin-rates" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (via National Financial Services, Member NYSE, SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.fidelity.com/trading/commissions-margin-rates" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Base 10, no actions in last 5 yrs found. Note: No headline SEC/FINRA action in last 5 yrs identified in this pass; BrokerCheck lists 24 regulatory events (all time) — review before publishing", "sources": [ "https://brokercheck.finra.org/firm/summary/7784" ] } ], "score_math": "0.167×7.4 + 0.167×10.0 + 0.167×7.0 + 0.167×10.0 + 0.167×8.0 + 0.167×10.0 = 8.74 → 87.3%", "facts": { "official_url": { "value": "https://www.fidelity.com/trading/commissions-margin-rates", "as_of": "2026-10-10", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "options_per_contract": { "value": 0.65, "as_of": "2026-10-11", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-10", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "SIMPLE (fee schedule)", "Rollover" ], "as_of": "2026-10-10", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "ira_match": { "value": null, "as_of": "2026-10-10", "source_url": "https://gainsumo.com/broker-fee-comparison/", "source_type": "third_party" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "mutual_funds": { "value": "Yes; Fidelity funds $0; NTF non-Fidelity funds $0 to buy ($49.95 on redemption if held short-term); other transaction-fee funds per schedule", "as_of": "2026-10-11", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "transfer_out_fee": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.fidelity.com/trading/commissions-margin-rates", "source_type": "official" }, "regulatory_actions_5y": { "value": [], "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/7784", "source_type": "regulator" }, "major_outages": { "value": [ { "date": "2024-08-05", "summary": "Login disruptions during market selloff", "url": "https://www.reuters.com/business/finance/online-trading-platforms-down-thousands-users-downdetector-shows-2024-08-05/" }, { "date": "2025-05-12", "summary": "Login outage", "url": "https://www.reuters.com/business/fidelity-website-outage-blocks-users-trading-rally-2025-05-12/" } ], "as_of": "2026-10-10", "source_url": "https://www.reuters.com/business/finance/online-trading-platforms-down-thousands-users-downdetector-shows-2024-08-05/", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 7784, "brokercheck_regulatory_event_count_all_time": 24 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/7784", "source_type": "regulator" } } }, { "name": "Webull", "category": "Brokerage & IRA", "vaultrubric_score_pct": 86.7, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2025-05", "type": "Regulatory: FINRA: $1.6M for influencer communications supervision failures", "regulatory": true, "source": "https://www.law360.com/articles/2338179/webull-fined-1-6m-over-lax-influencer-ad-oversight" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.webull.com/pricing", "https://www.webull.com/pricing" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.webull.com/pricing" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Types: Traditional, Roth, Rollover (as of 2026-10-10); match: 3.5% with Webull Premium; base 1% per third party (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.webull.com/ira", "https://www.webull.com/ira" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "$75 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.webull.com/pricing" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.webull.com/pricing" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 9.0, "imputed_score": null, "basis": "Base 10, −1 FINRA 2025-05", "sources": [ "https://www.law360.com/articles/2338179/webull-fined-1-6m-over-lax-influencer-ad-oversight", "https://www.law360.com/articles/2338179/webull-fined-1-6m-over-lax-influencer-ad-oversight" ] } ], "score_math": "0.167×10.0 + 0.167×10.0 + 0.167×8.0 + 0.167×7.0 + 0.167×8.0 + 0.167×9.0 = 8.67 → 86.7%", "facts": { "official_url": { "value": "https://www.webull.com/pricing", "as_of": "2026-10-10", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "options_per_contract": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-10", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "Rollover" ], "as_of": "2026-10-10", "source_url": "https://www.webull.com/ira", "source_type": "official" }, "ira_match": { "value": "3.5% with Webull Premium; base 1% per third party", "as_of": "2026-10-10", "source_url": "https://www.webull.com/ira", "source_type": "official" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "mutual_funds": { "value": "Mutual Funds offered (menu)", "as_of": "2026-10-10", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "transfer_out_fee": { "value": 75, "as_of": "2026-10-11", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.webull.com/pricing", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2025-05", "agency": "FINRA", "summary": "$1.6M for influencer communications supervision failures", "url": "https://www.law360.com/articles/2338179/webull-fined-1-6m-over-lax-influencer-ad-oversight" } ], "as_of": "2026-10-10", "source_url": "https://www.law360.com/articles/2338179/webull-fined-1-6m-over-lax-influencer-ad-oversight", "source_type": "third_party" }, "affiliate_program": { "value": { "network": "In-house (Webull partner program)", "payout": "third-party reports $20–$70/funded account", "apply_url": "https://act.webullapp.com/mktb/partners/individual" }, "as_of": "2026-10-10", "source_url": "https://act.webullapp.com/mktb/partners/individual", "source_type": "official" }, "finra_crd": { "value": { "crd": 289063, "brokercheck_regulatory_event_count_all_time": 6 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/289063", "source_type": "regulator" } } }, { "name": "Firstrade", "category": "Brokerage & IRA", "vaultrubric_score_pct": 85.0, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.firstrade.com/trading/pricing/special-services", "https://www.firstrade.com/trading/pricing/special-services" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-11) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.firstrade.com/" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "Types: Traditional, Roth, Rollover (as of 2026-10-11); match: none found (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.firstrade.com/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "$75 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.firstrade.com/trading/pricing/special-services" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.firstrade.com/trading/options" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Base 10, no actions in last 5 yrs found. Note: No headline SEC/FINRA action in last 5 yrs identified in this pass; BrokerCheck lists 7 regulatory events (all time) — review before publishing", "sources": [ "https://brokercheck.finra.org/firm/summary/16843" ] } ], "score_math": "0.167×10.0 + 0.167×10.0 + 0.167×6.0 + 0.167×7.0 + 0.167×8.0 + 0.167×10.0 = 8.50 → 85.0%", "facts": { "official_url": { "value": "https://www.firstrade.com/pricing/en-us", "as_of": "2026-10-10", "source_url": "https://www.firstrade.com/pricing/en-us", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.firstrade.com/trading/pricing/special-services", "source_type": "official" }, "options_per_contract": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.firstrade.com/trading/pricing/special-services", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.firstrade.com/", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "Rollover" ], "as_of": "2026-10-11", "source_url": "https://www.firstrade.com/", "source_type": "official" }, "transfer_out_fee": { "value": 75, "as_of": "2026-10-11", "source_url": "https://www.firstrade.com/trading/pricing/special-services", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.firstrade.com/trading/options", "source_type": "official" }, "regulatory_actions_5y": { "value": [], "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/16843", "source_type": "regulator" }, "referral_program": { "value": "Refer a Friend program exists (footer link)", "as_of": "2026-10-10", "source_url": "https://www.firstrade.com/pricing/en-us", "source_type": "official" }, "affiliate_program": { "value": "Affiliates program exists (footer link); terms not captured", "as_of": "2026-10-10", "source_url": "https://www.firstrade.com/pricing/en-us", "source_type": "official" }, "finra_crd": { "value": { "crd": 16843, "brokercheck_regulatory_event_count_all_time": 7 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/16843", "source_type": "regulator" } } }, { "name": "E*TRADE", "category": "Brokerage & IRA", "vaultrubric_score_pct": 84.0, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 7.4, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0.65 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://us.etrade.com/what-we-offer/pricing-and-rates", "https://us.etrade.com/what-we-offer/pricing-and-rates" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-11) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://us.etrade.com/frequently-asked-questions/retirement-planning" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Types: Traditional, Roth, Rollover, SEP, SIMPLE (as of 2026-10-11); match: none found (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://us.etrade.com/what-we-offer/our-accounts" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "$75 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://us.etrade.com/what-we-offer/pricing-and-rates" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (page footer: Morgan Stanley Smith Barney LLC Member SIPC; E*TRADE Securities is a Morgan Stanley entity — verify E*TRADE Securities LLC SIPC on sipc.org); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://us.etrade.com/what-we-offer/pricing-and-rates" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Base 10, no actions in last 5 yrs found. Note: No headline SEC/FINRA action in last 5 yrs identified in this pass; BrokerCheck lists 93 regulatory events (all time) — review before publishing", "sources": [ "https://brokercheck.finra.org/firm/summary/29106" ] } ], "score_math": "0.167×7.4 + 0.167×10.0 + 0.167×8.0 + 0.167×7.0 + 0.167×8.0 + 0.167×10.0 = 8.40 → 84.0%", "facts": { "official_url": { "value": "https://us.etrade.com/what-we-offer/pricing-and-rates", "as_of": "2026-10-10", "source_url": "https://us.etrade.com/what-we-offer/pricing-and-rates", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://us.etrade.com/what-we-offer/pricing-and-rates", "source_type": "official" }, "options_per_contract": { "value": 0.65, "as_of": "2026-10-11", "source_url": "https://us.etrade.com/what-we-offer/pricing-and-rates", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-11", "source_url": "https://us.etrade.com/frequently-asked-questions/retirement-planning", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "Rollover", "SEP", "SIMPLE" ], "as_of": "2026-10-11", "source_url": "https://us.etrade.com/what-we-offer/our-accounts", "source_type": "official" }, "mutual_funds": { "value": "Yes; $0 commission listed for mutual funds (some fees may apply)", "as_of": "2026-10-10", "source_url": "https://us.etrade.com/what-we-offer/pricing-and-rates", "source_type": "official" }, "transfer_out_fee": { "value": 75, "as_of": "2026-10-11", "source_url": "https://us.etrade.com/what-we-offer/pricing-and-rates", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://us.etrade.com/what-we-offer/pricing-and-rates", "source_type": "official" }, "regulatory_actions_5y": { "value": [], "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/29106", "source_type": "regulator" }, "finra_crd": { "value": { "crd": 29106, "brokercheck_regulatory_event_count_all_time": 93 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/29106", "source_type": "regulator" } } }, { "name": "SoFi Invest", "category": "Brokerage & IRA", "vaultrubric_score_pct": 83.3, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2023", "type": "Regulatory: FINRA: SoFi Securities $698,282 re fully paid securities lending (4-firm action)", "regulatory": true, "source": "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.sofi.com/wealth/assets/documents/sofi-invest-fee-schedule.pdf", "https://www.sofi.com/wealth/assets/documents/sofi-invest-fee-schedule.pdf" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "5 (as of 2026-10-11) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.sofi.com/invest/" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 9.0, "imputed_score": null, "basis": "Types: Traditional, Roth, SEP, Rollover (as of 2026-10-10); match: 1% on contributions and rollovers (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.sofi.com/invest/ira/", "https://www.sofi.com/invest/ira/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "$100 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://support.sofi.com/hc/en-us/articles/4408306213773-How-do-I-transfer-assets-out-of-my-SoFi-Invest-account-as-an-ACAT" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-11) (SoFi Securities LLC, Member FINRA/SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.sofi.com/invest/account-protection-sipc/" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 9.0, "imputed_score": null, "basis": "Base 10, −1 FINRA 2023", "sources": [ "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully", "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully" ] } ], "score_math": "0.167×10.0 + 0.167×8.0 + 0.167×9.0 + 0.167×6.0 + 0.167×8.0 + 0.167×9.0 = 8.33 → 83.3%", "facts": { "official_url": { "value": "https://www.sofi.com/invest/", "as_of": "2026-10-10", "source_url": "https://www.sofi.com/invest/", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.sofi.com/wealth/assets/documents/sofi-invest-fee-schedule.pdf", "source_type": "official" }, "options_per_contract": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.sofi.com/wealth/assets/documents/sofi-invest-fee-schedule.pdf", "source_type": "official" }, "account_minimum": { "value": 5, "as_of": "2026-10-11", "source_url": "https://www.sofi.com/invest/", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "SEP", "Rollover" ], "as_of": "2026-10-10", "source_url": "https://www.sofi.com/invest/ira/", "source_type": "official" }, "ira_match": { "value": "1% on contributions and rollovers", "as_of": "2026-10-10", "source_url": "https://www.sofi.com/invest/ira/", "source_type": "official" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.sofi.com/invest/", "source_type": "official" }, "transfer_out_fee": { "value": 100, "as_of": "2026-10-11", "source_url": "https://support.sofi.com/hc/en-us/articles/4408306213773-How-do-I-transfer-assets-out-of-my-SoFi-Invest-account-as-an-ACAT", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-11", "source_url": "https://www.sofi.com/invest/account-protection-sipc/", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2023", "agency": "FINRA", "summary": "SoFi Securities $698,282 re fully paid securities lending (4-firm action)", "url": "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully" } ], "as_of": "2023", "source_url": "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully", "source_type": "regulator" }, "affiliate_program": { "value": { "network": "Impact", "payout": null }, "as_of": "2026-10-10", "source_url": "https://www.affilitizer.com/programs/sofi.com", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 151717, "brokercheck_regulatory_event_count_all_time": 2 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/151717", "source_type": "regulator" } } }, { "name": "Public", "category": "Brokerage & IRA", "vaultrubric_score_pct": 83.3, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2023", "type": "Regulatory: FINRA: $528,124 (fully paid lending)", "regulatory": true, "source": "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully" }, { "date": "2025-05", "type": "Regulatory: FINRA: $350,000 influencer supervision (reported)", "regulatory": true, "source": "https://www.investmentnews.com/independent-broker-dealers/finra-penalizes-another-bd-for-social-media-miscues/260683" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://public.com/disclosures/fee-schedule/", "https://public.com/disclosures/fee-schedule/" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-11) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://public.com/disclosures/public-customer-relationship-summary" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Types: Traditional, Roth, Crypto IRA (as of 2026-10-10); match: 1% on annual contributions (Traditional & Roth); 4% with Reserve per third party (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://public.com/ira", "https://public.com/ira" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "$100 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://public.com/disclosures/fee-schedule/" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (Open to the Public Investing, Inc. member FINRA/SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://public.com/ira" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Base 10, −1 FINRA 2023, −1 FINRA 2025-05", "sources": [ "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully", "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully", "https://www.investmentnews.com/independent-broker-dealers/finra-penalizes-another-bd-for-social-media-miscues/260683" ] } ], "score_math": "0.167×10.0 + 0.167×10.0 + 0.167×8.0 + 0.167×6.0 + 0.167×8.0 + 0.167×8.0 = 8.33 → 83.3%", "facts": { "official_url": { "value": "https://public.com/disclosures/fee-schedule/", "as_of": "2026-10-10", "source_url": "https://public.com/disclosures/fee-schedule/", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://public.com/disclosures/fee-schedule/", "source_type": "official" }, "options_per_contract": { "value": 0, "as_of": "2026-10-11", "source_url": "https://public.com/disclosures/fee-schedule/", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-11", "source_url": "https://public.com/disclosures/public-customer-relationship-summary", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "Crypto IRA" ], "as_of": "2026-10-10", "source_url": "https://public.com/ira", "source_type": "official" }, "ira_match": { "value": "1% on annual contributions (Traditional & Roth); 4% with Reserve per third party", "as_of": "2026-10-10", "source_url": "https://public.com/ira", "source_type": "official" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://public.com/disclosures/fee-schedule/", "source_type": "official" }, "transfer_out_fee": { "value": 100, "as_of": "2026-10-11", "source_url": "https://public.com/disclosures/fee-schedule/", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://public.com/ira", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2023", "agency": "FINRA", "summary": "$528,124 (fully paid lending)", "url": "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully" }, { "date": "2025-05", "agency": "FINRA", "summary": "$350,000 influencer supervision (reported)", "url": "https://www.investmentnews.com/independent-broker-dealers/finra-penalizes-another-bd-for-social-media-miscues/260683" } ], "as_of": "2026-10-10", "source_url": "https://www.finra.org/media-center/newsreleases/2023/finra-orders-four-firms-pay-26-million-violations-relating-fully", "source_type": "third_party" }, "affiliate_program": { "value": { "network": "Everflow", "payout": null }, "as_of": "2026-10-10", "source_url": "https://linkclicky.com/affiliate-program/public-com/", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 127818, "brokercheck_regulatory_event_count_all_time": 4 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/127818", "source_type": "regulator" } } }, { "name": "Ally Invest", "category": "Brokerage & IRA", "vaultrubric_score_pct": 83.3, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0.5 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.ally.com/invest/commissions-and-fees/", "https://www.ally.com/invest/commissions-and-fees/" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "$0 self-directed; $100 robo; $100,000 Personal Advice (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.ally.com/iras/" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "Types: Traditional, Roth, Rollover (as of 2026-10-10); match: none found (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.ally.com/iras/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "$50 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.ally.com/invest/commissions-and-fees/" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (Ally Invest Securities LLC member FINRA/SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.ally.com/iras/" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Base 10, no actions in last 5 yrs found. Note: No headline SEC/FINRA action in last 5 yrs identified in this pass; BrokerCheck lists 2 regulatory events (all time) — review before publishing", "sources": [ "https://brokercheck.finra.org/firm/summary/136131" ] } ], "score_math": "0.167×8.0 + 0.167×10.0 + 0.167×6.0 + 0.167×8.0 + 0.167×8.0 + 0.167×10.0 = 8.33 → 83.3%", "facts": { "official_url": { "value": "https://www.ally.com/invest/", "as_of": "2026-10-10", "source_url": "https://www.ally.com/invest/commissions-and-fees/", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.ally.com/invest/commissions-and-fees/", "source_type": "official" }, "options_per_contract": { "value": 0.5, "as_of": "2026-10-11", "source_url": "https://www.ally.com/invest/commissions-and-fees/", "source_type": "official" }, "account_minimum": { "value": "$0 self-directed; $100 robo; $100,000 Personal Advice", "as_of": "2026-10-10", "source_url": "https://www.ally.com/iras/", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "Rollover" ], "as_of": "2026-10-10", "source_url": "https://www.ally.com/iras/", "source_type": "official" }, "transfer_out_fee": { "value": 50, "as_of": "2026-10-11", "source_url": "https://www.ally.com/invest/commissions-and-fees/", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.ally.com/iras/", "source_type": "official" }, "regulatory_actions_5y": { "value": [], "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/136131", "source_type": "regulator" }, "finra_crd": { "value": { "crd": 136131, "brokercheck_regulatory_event_count_all_time": 2 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/136131", "source_type": "regulator" } } }, { "name": "Merrill Edge", "category": "Brokerage & IRA", "vaultrubric_score_pct": 82.3, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2024", "type": "Regulatory: FINRA: Merrill Lynch $6M AML fine (reported)", "regulatory": true, "source": "https://www.securitieslaw.com/blog/study-finds-finra-disciplinary-actions-rose-while-fines-decreased-in-2024/" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 7.4, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0.65 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.merrilledge.com/pricing", "https://www.merrilledge.com/pricing" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.merrilledge.com/pricing" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "Types: Traditional, Roth, Inherited (self-directed), SEP/SIMPLE (Guided Investing) (as of 2026-10-10); match: None advertised (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.merrilledge.com/pricing", "https://www.merrilledge.com/pricing" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "$49.95 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.merrilledge.com/pricing" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (MLPF&S Member SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.merrilledge.com/pricing" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 9.0, "imputed_score": null, "basis": "Base 10, −1 FINRA 2024", "sources": [ "https://www.securitieslaw.com/blog/study-finds-finra-disciplinary-actions-rose-while-fines-decreased-in-2024/", "https://www.securitieslaw.com/blog/study-finds-finra-disciplinary-actions-rose-while-fines-decreased-in-2024/" ] } ], "score_math": "0.167×7.4 + 0.167×10.0 + 0.167×7.0 + 0.167×8.0 + 0.167×8.0 + 0.167×9.0 = 8.23 → 82.3%", "facts": { "official_url": { "value": "https://www.merrilledge.com/pricing", "as_of": "2026-10-10", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "options_per_contract": { "value": 0.65, "as_of": "2026-10-11", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-10", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "Inherited (self-directed)", "SEP/SIMPLE (Guided Investing)" ], "as_of": "2026-10-10", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "ira_match": { "value": "None advertised", "as_of": "2026-10-10", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "mutual_funds": { "value": "Yes", "as_of": "2026-10-10", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "transfer_out_fee": { "value": 49.95, "as_of": "2026-10-11", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.merrilledge.com/pricing", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2024", "agency": "FINRA", "summary": "Merrill Lynch $6M AML fine (reported)", "url": "https://www.securitieslaw.com/blog/study-finds-finra-disciplinary-actions-rose-while-fines-decreased-in-2024/" } ], "as_of": "2026-10-10", "source_url": "https://www.securitieslaw.com/blog/study-finds-finra-disciplinary-actions-rose-while-fines-decreased-in-2024/", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 7691, "brokercheck_regulatory_event_count_all_time": 613 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/7691", "source_type": "regulator" } } }, { "name": "Betterment", "category": "Brokerage & IRA", "vaultrubric_score_pct": 81.7, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2023-04-18", "type": "Regulatory: SEC: $9M tax-loss harvesting", "regulatory": true, "source": "https://www.sec.gov/newsroom/press-releases/2023-80" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-10); options: not found per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.betterment.com/pricing" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "$0; $5/mo under $24K or 0.25%/yr with $200+/mo deposits or $24K+ (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.betterment.com/pricing" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "Types: Traditional, Roth, SEP, Rollover (as of 2026-10-10); match: None advertised (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.betterment.com/pricing", "https://www.betterment.com/pricing" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "$75 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.betterment.com/pricing" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.betterment.com/pricing" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 9.0, "imputed_score": null, "basis": "Base 10, −1 SEC 2023-04-18. Note: Checked 2026-10-11: SEC, FINRA. No newer regulator actions found. A 2026 private class action over cash sweep is pending (allegations only, not counted).", "sources": [ "https://www.sec.gov/newsroom/press-releases/2023-80", "https://www.sec.gov/newsroom/press-releases/2023-80" ] } ], "score_math": "0.167×10.0 + 0.167×8.0 + 0.167×7.0 + 0.167×7.0 + 0.167×8.0 + 0.167×9.0 = 8.17 → 81.7%", "facts": { "official_url": { "value": "https://www.betterment.com/pricing", "as_of": "2026-10-10", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-10", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "account_minimum": { "value": "$0; $5/mo under $24K or 0.25%/yr with $200+/mo deposits or $24K+", "as_of": "2026-10-10", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "SEP", "Rollover" ], "as_of": "2026-10-10", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "ira_match": { "value": "None advertised", "as_of": "2026-10-10", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "transfer_out_fee": { "value": 75, "as_of": "2026-10-11", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2023-04-18", "agency": "SEC", "summary": "$9M tax-loss harvesting", "url": "https://www.sec.gov/newsroom/press-releases/2023-80" } ], "as_of": "2026-10-11", "source_url": "https://www.sec.gov/newsroom/press-releases/2023-80", "source_type": "regulator" }, "referral_program": { "value": "New-client offer up to $2,000 (terms apply)", "as_of": "2026-10-10", "source_url": "https://www.betterment.com/pricing", "source_type": "official" }, "affiliate_program": { "value": { "network": "Impact (managed by Acceleration Partners)", "payout": null }, "as_of": "2026-10-10", "source_url": "https://www.accelerationpartners.com/affiliate-programs/betterment/", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 47788, "brokercheck_regulatory_event_count_all_time": 2 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/47788", "source_type": "regulator" } } }, { "name": "Charles Schwab", "category": "Brokerage & IRA", "vaultrubric_score_pct": 79.0, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2026-09-02", "type": "Regulatory: FINRA: $175K fine + censure: failed to report/timely report ~2.8M fractional-share trades (2018–2025)", "regulatory": true, "source": "https://fxnewsgroup.com/forex-news/regulatory/finra-imposes-175k-fine-on-charles-schwab-co/" }, { "date": "2025-01-13", "type": "Regulatory: SEC: $10M civil penalty for off-channel communications recordkeeping failures", "regulatory": true, "source": "https://www.sec.gov/files/litigation/admin/2025/34-102172.pdf" }, { "date": "2022-06-13", "type": "Regulatory: SEC: ~$187M for misleading robo-adviser (Intelligent Portfolios) clients about hidden cash fees", "regulatory": true, "source": "https://www.sec.gov/newsroom/press-releases/2022-104" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 7.4, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0.65 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.schwab.com/pricing", "https://www.schwab.com/pricing" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.schwab.com/pricing" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Types: Traditional, Roth, Rollover, SEP, SIMPLE (as of 2026-10-10); match: None (as of 2026-10-10) ⚑ third-party source (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.schwab.com/pricing", "https://gainsumo.com/broker-fee-comparison/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "$50 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.schwab.com/legal/schwab-pricing-guide-for-individual-investors" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (Charles Schwab & Co., Inc. Member SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.schwab.com/pricing" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "Base 10, −1 FINRA 2026-09-02, −1 SEC 2025-01-13, −2 SEC 2022-06-13. Note: Checked 2026-10-11: SEC enforcement, FINRA disciplinary actions, CFPB. Added SEC Jan 2025 ($10M) and FINRA Sept 2026 ($175K; reported by trade press, FINRA AWC).", "sources": [ "https://www.sec.gov/newsroom/press-releases/2022-104", "https://fxnewsgroup.com/forex-news/regulatory/finra-imposes-175k-fine-on-charles-schwab-co/", "https://www.sec.gov/files/litigation/admin/2025/34-102172.pdf" ] } ], "score_math": "0.167×7.4 + 0.167×10.0 + 0.167×8.0 + 0.167×8.0 + 0.167×8.0 + 0.167×6.0 = 7.90 → 79.0%", "facts": { "official_url": { "value": "https://www.schwab.com/pricing", "as_of": "2026-10-10", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "options_per_contract": { "value": 0.65, "as_of": "2026-10-11", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-10", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "Rollover", "SEP", "SIMPLE" ], "as_of": "2026-10-10", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "ira_match": { "value": "None", "as_of": "2026-10-10", "source_url": "https://gainsumo.com/broker-fee-comparison/", "source_type": "third_party" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "mutual_funds": { "value": "Yes; $0 on thousands of OneSource funds", "as_of": "2026-10-10", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "transfer_out_fee": { "value": 50, "as_of": "2026-10-11", "source_url": "https://www.schwab.com/legal/schwab-pricing-guide-for-individual-investors", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.schwab.com/pricing", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2026-09-02", "agency": "FINRA", "summary": "$175K fine + censure: failed to report/timely report ~2.8M fractional-share trades (2018–2025)", "url": "https://fxnewsgroup.com/forex-news/regulatory/finra-imposes-175k-fine-on-charles-schwab-co/", "source_type": "third_party" }, { "date": "2025-01-13", "agency": "SEC", "summary": "$10M civil penalty for off-channel communications recordkeeping failures", "url": "https://www.sec.gov/files/litigation/admin/2025/34-102172.pdf" }, { "date": "2022-06-13", "agency": "SEC", "summary": "~$187M for misleading robo-adviser (Intelligent Portfolios) clients about hidden cash fees", "url": "https://www.sec.gov/newsroom/press-releases/2022-104" } ], "as_of": "2026-10-11", "source_url": "https://www.sec.gov/newsroom/press-releases/2022-104", "source_type": "regulator" }, "major_outages": { "value": [ { "date": "2024-08-05", "summary": "Outage during selloff; vendor issue + volume", "url": "https://www.reuters.com/business/finance/schwab-says-high-volumes-technical-issue-with-key-vendor-triggered-mondays-2024-08-06/" } ], "as_of": "2026-10-10", "source_url": "https://www.reuters.com/business/finance/online-trading-platforms-down-thousands-users-downdetector-shows-2024-08-05/", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 5393, "brokercheck_regulatory_event_count_all_time": 59 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/5393", "source_type": "regulator" } } }, { "name": "M1 Finance", "category": "Brokerage & IRA", "vaultrubric_score_pct": 78.3, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2024-03", "type": "Regulatory: FINRA: $850,000 for misleading influencer posts/supervision", "regulatory": true, "source": "https://business.cch.com/srd/FINRAFinesM1Finance319.pdf" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 9.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-10); options: Options not offered (as of 2026-10-10) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://m1.com/pricing/", "https://m1.com/pricing/" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "$0 commission; $3/month platform fee unless waived (as of 2026-10-10) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://m1.com/pricing/" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "Types: Traditional, Roth, SEP, Rollover (as of 2026-10-10); match: None advertised (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://m1.com/pricing/", "https://m1.com/pricing/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "$100 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://help.m1.com/en/articles/9332008-how-to-transfer-accounts-out-of-m1" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://m1.com/pricing/" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 9.0, "imputed_score": null, "basis": "Base 10, −1 FINRA 2024-03", "sources": [ "https://business.cch.com/srd/FINRAFinesM1Finance319.pdf", "https://business.cch.com/srd/FINRAFinesM1Finance319.pdf" ] } ], "score_math": "0.167×9.0 + 0.167×8.0 + 0.167×7.0 + 0.167×6.0 + 0.167×8.0 + 0.167×9.0 = 7.83 → 78.3%", "facts": { "official_url": { "value": "https://m1.com/pricing/", "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "options_per_contract": { "value": "Options not offered", "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "account_minimum": { "value": "$0 commission; $3/month platform fee unless waived", "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth", "SEP", "Rollover" ], "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "ira_match": { "value": "None advertised", "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "mutual_funds": { "value": "Not offered", "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "transfer_out_fee": { "value": 100, "as_of": "2026-10-11", "source_url": "https://help.m1.com/en/articles/9332008-how-to-transfer-accounts-out-of-m1", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://m1.com/pricing/", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2024-03", "agency": "FINRA", "summary": "$850,000 for misleading influencer posts/supervision", "url": "https://business.cch.com/srd/FINRAFinesM1Finance319.pdf" } ], "as_of": "2026-10-10", "source_url": "https://business.cch.com/srd/FINRAFinesM1Finance319.pdf", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 281242, "brokercheck_regulatory_event_count_all_time": 3 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/281242", "source_type": "regulator" } } }, { "name": "Interactive Brokers", "category": "Brokerage & IRA", "vaultrubric_score_pct": 75.7, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2023-09-29", "type": "Regulatory: CFTC: $20M civil penalty for off-channel communications recordkeeping", "regulatory": true, "source": "https://www.cftc.gov/media/9386/enfinteractivebrokerscorporder092923/download" }, { "date": "2023-09-22", "type": "Regulatory: SEC: $35M civil penalty for off-channel communications recordkeeping", "regulatory": true, "source": "https://www.sec.gov/files/litigation/admin/2023/34-98633.pdf" }, { "date": "2025-09-30", "type": "Regulatory: FINRA/Nasdaq PHLX: Reported $7.75M fine for mismarking options orders", "regulatory": true, "source": "https://nasdaq.com/docs/2025/10/01/Disciplinary-Actions-PHLX-Interactive-Brokers-LLC-09-30-2025_0.pdf" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 7.4, "imputed_score": null, "basis": "Stocks/ETFs: IBKR Lite $0; Pro Fixed $0.005/sh, Tiered $0.0005–0.0035/sh (as of 2026-10-11); options: Fixed $0.65; Tiered $0.15–$0.65 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "https://www.interactivebrokers.com/en/pricing/commissions-home.php" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-11) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://www.interactivebrokers.com/en/accounts/required-minimums.php" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 4.0, "imputed_score": null, "basis": "Types: IRA (Lite available for IRA) (as of 2026-10-10); match: none shown (as of 2026-10-10) ⚑ third-party source (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "https://usetweed.com/blog/interactive-brokers-ira-review/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "$0 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://www.interactivebrokers.com/en/pricing/other-fees.php" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://www.interactivebrokers.com/en/pricing/commissions-home.php" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "Base 10, −1 CFTC 2023-09-29, −2 SEC 2023-09-22, −1 FINRA/Nasdaq PHLX 2025-09-30. Note: Checked 2026-10-11: SEC, FINRA, CFTC, Nasdaq. Added SEC and CFTC Sept 2023 actions (inside 5-year window); no 2026 actions found. PHLX 2025 amount per Nasdaq disciplinary PDF.", "sources": [ "https://nasdaq.com/docs/2025/10/01/Disciplinary-Actions-PHLX-Interactive-Brokers-LLC-09-30-2025_0.pdf", "https://www.cftc.gov/media/9386/enfinteractivebrokerscorporder092923/download", "https://www.sec.gov/files/litigation/admin/2023/34-98633.pdf" ] } ], "score_math": "0.167×7.4 + 0.167×10.0 + 0.167×4.0 + 0.167×10.0 + 0.167×8.0 + 0.167×6.0 = 7.57 → 75.7%", "facts": { "official_url": { "value": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "as_of": "2026-10-10", "source_url": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "source_type": "official" }, "stock_etf_commission": { "value": "IBKR Lite $0; Pro Fixed $0.005/sh, Tiered $0.0005–0.0035/sh", "as_of": "2026-10-11", "source_url": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "source_type": "official" }, "options_per_contract": { "value": "Fixed $0.65; Tiered $0.15–$0.65", "as_of": "2026-10-11", "source_url": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.interactivebrokers.com/en/accounts/required-minimums.php", "source_type": "official" }, "ira_types": { "value": [ "IRA (Lite available for IRA)" ], "as_of": "2026-10-10", "source_url": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "source_type": "official" }, "ira_match": { "value": null, "as_of": "2026-10-10", "source_url": "https://usetweed.com/blog/interactive-brokers-ira-review/", "source_type": "third_party" }, "fractional_shares": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "source_type": "official" }, "mutual_funds": { "value": "Yes (Mutual Funds product listed)", "as_of": "2026-10-10", "source_url": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "source_type": "official" }, "transfer_out_fee": { "value": 0, "as_of": "2026-10-11", "source_url": "https://www.interactivebrokers.com/en/pricing/other-fees.php", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://www.interactivebrokers.com/en/pricing/commissions-home.php", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2023-09-29", "agency": "CFTC", "summary": "$20M civil penalty for off-channel communications recordkeeping", "url": "https://www.cftc.gov/media/9386/enfinteractivebrokerscorporder092923/download" }, { "date": "2023-09-22", "agency": "SEC", "summary": "$35M civil penalty for off-channel communications recordkeeping", "url": "https://www.sec.gov/files/litigation/admin/2023/34-98633.pdf" }, { "date": "2025-09-30", "agency": "FINRA/Nasdaq PHLX", "summary": "Reported $7.75M fine for mismarking options orders", "url": "https://nasdaq.com/docs/2025/10/01/Disciplinary-Actions-PHLX-Interactive-Brokers-LLC-09-30-2025_0.pdf" } ], "as_of": "2026-10-11", "source_url": "https://nasdaq.com/docs/2025/10/01/Disciplinary-Actions-PHLX-Interactive-Brokers-LLC-09-30-2025_0.pdf", "source_type": "regulator" }, "finra_crd": { "value": { "crd": 36418, "brokercheck_regulatory_event_count_all_time": 92 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/36418", "source_type": "regulator" } } }, { "name": "Vanguard", "category": "Brokerage & IRA", "vaultrubric_score_pct": 75.0, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2026-09-23", "type": "Regulatory: FINRA: $950K fine + censure (Vanguard Marketing Corp.): inaccurate cost-basis info on statements/1099s ~2012–2023", "regulatory": true, "source": "https://www.investmentnews.com/regulation-legal-compliance/finra-fines-vanguard-950000-over-decade-of-cost-basis-errors/268338" }, { "date": "2025-01-17", "type": "Regulatory: SEC: $106.41M re target-date fund capital gains disclosures", "regulatory": true, "source": "https://www.sec.gov/newsroom/press-releases/2025-21" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 1.0 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://investor.vanguard.com/client-benefits/investment-fees", "https://investor.vanguard.com/client-benefits/investment-fees" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-11) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://investor.vanguard.com/accounts-plans/brokerage-accounts" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Types: Traditional, Rollover, Roth, SEP, Custodial (as of 2026-10-10); match: None advertised (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://investor.vanguard.com/accounts-plans/iras", "https://investor.vanguard.com/client-benefits/investment-fees" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "$100 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://investor.vanguard.com/client-benefits/investment-fees" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (Vanguard Marketing Corporation member FINRA/SIPC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://investor.vanguard.com/client-benefits/investment-fees" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "Base 10, −1 FINRA 2026-09-23, −2 SEC 2025-01-17. Note: Checked 2026-10-11: SEC, FINRA, CFPB. Added FINRA Sept 2026 ($950K; reported by trade press, FINRA AWC). SEC 2025 Fair Fund distribution ongoing (not a new action).", "sources": [ "https://www.sec.gov/newsroom/press-releases/2025-21", "https://www.investmentnews.com/regulation-legal-compliance/finra-fines-vanguard-950000-over-decade-of-cost-basis-errors/268338", "https://www.sec.gov/newsroom/press-releases/2025-21" ] } ], "score_math": "0.167×6.0 + 0.167×10.0 + 0.167×8.0 + 0.167×6.0 + 0.167×8.0 + 0.167×7.0 = 7.50 → 75.0%", "facts": { "official_url": { "value": "https://investor.vanguard.com/client-benefits/investment-fees", "as_of": "2026-10-10", "source_url": "https://investor.vanguard.com/client-benefits/investment-fees", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://investor.vanguard.com/client-benefits/investment-fees", "source_type": "official" }, "options_per_contract": { "value": 1.0, "as_of": "2026-10-11", "source_url": "https://investor.vanguard.com/client-benefits/investment-fees", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-11", "source_url": "https://investor.vanguard.com/accounts-plans/brokerage-accounts", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Rollover", "Roth", "SEP", "Custodial" ], "as_of": "2026-10-10", "source_url": "https://investor.vanguard.com/accounts-plans/iras", "source_type": "official" }, "ira_match": { "value": "None advertised", "as_of": "2026-10-10", "source_url": "https://investor.vanguard.com/client-benefits/investment-fees", "source_type": "official" }, "transfer_out_fee": { "value": 100, "as_of": "2026-10-11", "source_url": "https://investor.vanguard.com/client-benefits/investment-fees", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://investor.vanguard.com/client-benefits/investment-fees", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2026-09-23", "agency": "FINRA", "summary": "$950K fine + censure (Vanguard Marketing Corp.): inaccurate cost-basis info on statements/1099s ~2012–2023", "url": "https://www.investmentnews.com/regulation-legal-compliance/finra-fines-vanguard-950000-over-decade-of-cost-basis-errors/268338", "source_type": "third_party" }, { "date": "2025-01-17", "agency": "SEC", "summary": "$106.41M re target-date fund capital gains disclosures", "url": "https://www.sec.gov/newsroom/press-releases/2025-21" } ], "as_of": "2026-10-11", "source_url": "https://www.sec.gov/newsroom/press-releases/2025-21", "source_type": "regulator" }, "major_outages": { "value": [ { "date": "2024-08-05", "summary": "Access disruptions during selloff", "url": "https://apnews.com/article/charles-schwab-fidelity-vanguard-outage-216a92fdac853d4c6b4caa91dfcbb22d" } ], "as_of": "2026-10-10", "source_url": "https://www.reuters.com/business/finance/online-trading-platforms-down-thousands-users-downdetector-shows-2024-08-05/", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 7452, "brokercheck_regulatory_event_count_all_time": 52 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/7452", "source_type": "regulator" } } }, { "name": "Robinhood", "category": "Brokerage & IRA", "vaultrubric_score_pct": 75.0, "data_coverage_pct": 100, "limited_data": false, "eligible_for_pick": true, "customer_funds_hack": null, "incident_notes": [ { "date": "2025-03-07", "type": "Regulatory: FINRA: $26M fines + $3.75M ordered paid to customers (AWC, settled; AML, supervision, disclosure violations)", "regulatory": true, "source": "https://www.finra.org/media-center/newsreleases/2025/finra-orders-robinhood-financial-pay-375-million-restitution" }, { "date": "2025-01-13", "type": "Regulatory: SEC: $45M combined penalties (recordkeeping, reporting, cybersecurity etc.)", "regulatory": true, "source": "https://www.sec.gov/newsroom/press-releases/2025-5" } ], "criteria": [ { "key": "trading", "label": "Trading costs", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "Stocks/ETFs: 0 (as of 2026-10-11); options: 0.5 (as of 2026-10-11) per contract (10 − 4×options fee, −3 if stock commission, −1 if options not offered)", "sources": [ "https://cdn.robinhood.com/assets/robinhood/legal/RHF%20Fee%20Schedule.pdf", "https://robinhood.com/us/en/support/articles/trading-fees-on-robinhood/" ] }, { "key": "minimum", "label": "Account minimum", "weight": 0.1667, "score_out_of_10": 10.0, "imputed_score": null, "basis": "0 (as of 2026-10-11) (≤$1→10, ≤$100→8, ≤$1k→6; −2 if a recurring fee applies)", "sources": [ "https://robinhood.com/us/en/support/articles/trading-fees-on-robinhood/" ] }, { "key": "ira", "label": "IRA options", "weight": 0.1667, "score_out_of_10": 7.0, "imputed_score": null, "basis": "Types: Traditional, Roth (as of 2026-10-10); match: 1% standard; 3% with Gold ($5/mo, keep 1 yr); 1% on transfers/rollovers; 5-yr hold (as of 2026-10-10) (3 + 1 per IRA type up to 5 + 2 if standard match ≥1%)", "sources": [ "https://robinhood.com/us/en/support/articles/ira-overview/", "https://robinhood.com/us/en/support/articles/ira-match-faq/" ] }, { "key": "transfer_out", "label": "Transfer-out fee", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "$100 full transfer-out fee (as of 2026-10-11) ($0→10, ≤$50→8, ≤$75→7, ≤$100→6)", "sources": [ "https://cdn.robinhood.com/assets/robinhood/legal/RHF%20Fee%20Schedule.pdf" ] }, { "key": "protection", "label": "Protection (SIPC)", "weight": 0.1667, "score_out_of_10": 8.0, "imputed_score": null, "basis": "SIPC member (as of 2026-10-10) (Robinhood Financial LLC & Robinhood Securities LLC); SIPC covers up to $500k incl. $250k cash. Excess (private) coverage not verified, so 8/10.", "sources": [ "https://cdn.robinhood.com/assets/robinhood/legal/RHF%20SIPC%20and%20Account%20Protection.pdf" ] }, { "key": "regulatory", "label": "Regulatory record", "weight": 0.1667, "score_out_of_10": 6.0, "imputed_score": null, "basis": "Base 10, −2 FINRA 2025-03-07, −2 SEC 2025-01-13. Note: Checked 2026-10-11: SEC, FINRA, CFPB. Added FINRA March 2025. A May 2026 SEC no-action letter (Trump accounts) is not an enforcement action.", "sources": [ "https://www.sec.gov/newsroom/press-releases/2025-5", "https://www.finra.org/media-center/newsreleases/2025/finra-orders-robinhood-financial-pay-375-million-restitution", "https://www.sec.gov/newsroom/press-releases/2025-5" ] } ], "score_math": "0.167×8.0 + 0.167×10.0 + 0.167×7.0 + 0.167×6.0 + 0.167×8.0 + 0.167×6.0 = 7.50 → 75.0%", "facts": { "official_url": { "value": "https://robinhood.com/", "as_of": "2026-10-10", "source_url": "https://cdn.robinhood.com/assets/robinhood/legal/RHF%20SIPC%20and%20Account%20Protection.pdf", "source_type": "official" }, "stock_etf_commission": { "value": 0, "as_of": "2026-10-11", "source_url": "https://cdn.robinhood.com/assets/robinhood/legal/RHF%20Fee%20Schedule.pdf", "source_type": "official" }, "options_per_contract": { "value": 0.5, "as_of": "2026-10-11", "source_url": "https://robinhood.com/us/en/support/articles/trading-fees-on-robinhood/", "source_type": "official" }, "account_minimum": { "value": 0, "as_of": "2026-10-11", "source_url": "https://robinhood.com/us/en/support/articles/trading-fees-on-robinhood/", "source_type": "official" }, "ira_types": { "value": [ "Traditional", "Roth" ], "as_of": "2026-10-10", "source_url": "https://robinhood.com/us/en/support/articles/ira-overview/", "source_type": "official" }, "ira_match": { "value": "1% standard; 3% with Gold ($5/mo, keep 1 yr); 1% on transfers/rollovers; 5-yr hold", "as_of": "2026-10-10", "source_url": "https://robinhood.com/us/en/support/articles/ira-match-faq/", "source_type": "official" }, "fractional_shares": { "value": true, "as_of": "2026-10-09", "source_url": "https://usetweed.com/blog/best-ira-accounts/", "source_type": "third_party" }, "mutual_funds": { "value": "Not offered", "as_of": "2026-10-11", "source_url": "https://robinhood.com/us/en/support/articles/investments-you-can-make-on-robinhood/", "source_type": "official" }, "transfer_out_fee": { "value": 100, "as_of": "2026-10-11", "source_url": "https://cdn.robinhood.com/assets/robinhood/legal/RHF%20Fee%20Schedule.pdf", "source_type": "official" }, "sipc_member": { "value": true, "as_of": "2026-10-10", "source_url": "https://cdn.robinhood.com/assets/robinhood/legal/RHF%20SIPC%20and%20Account%20Protection.pdf", "source_type": "official" }, "regulatory_actions_5y": { "value": [ { "date": "2025-03-07", "agency": "FINRA", "summary": "$26M fines + $3.75M ordered paid to customers (AWC, settled; AML, supervision, disclosure violations)", "url": "https://www.finra.org/media-center/newsreleases/2025/finra-orders-robinhood-financial-pay-375-million-restitution" }, { "date": "2025-01-13", "agency": "SEC", "summary": "$45M combined penalties (recordkeeping, reporting, cybersecurity etc.)", "url": "https://www.sec.gov/newsroom/press-releases/2025-5" }, { "date": "2021-06-30", "agency": "FINRA", "summary": "~$70M ($57M fine + $12.6M restitution) incl. March 2020 outages — just outside 5-yr window", "url": "https://www.finra.org/sites/default/files/2021-06/robinhood-financial-awc-063021.pdf" } ], "as_of": "2026-10-11", "source_url": "https://www.sec.gov/newsroom/press-releases/2025-5", "source_type": "regulator" }, "major_outages": { "value": [ { "date": "2026-06-12", "summary": "Issues during SpaceX IPO trading", "url": "https://www.bloomberg.com/news/articles/2026-06-12/robinhood-clients-face-issues-in-early-moments-of-spacex-trading" } ], "as_of": "2026-10-10", "source_url": "https://www.bloomberg.com/news/articles/2026-06-12/robinhood-clients-face-issues-in-early-moments-of-spacex-trading", "source_type": "third_party" }, "affiliate_program": { "value": { "network": "Impact", "payout": "reported $5/signup, $20/funded account", "url": "https://affiliates.robinhood.com/" }, "as_of": "2026-10-10", "source_url": "https://commissiondex.com/programs/robinhood/", "source_type": "third_party" }, "finra_crd": { "value": { "crd": 165998, "brokercheck_regulatory_event_count_all_time": 56 }, "as_of": "2026-10-10", "source_url": "https://brokercheck.finra.org/firm/summary/165998", "source_type": "regulator" } } } ] }