Advertiser Disclosure
Many of the offers that appear on this site are from companies from which The Motley Fool receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear) and may influence which products we write about, but our product ratings are not influenced by compensation. We do not include all companies or offers available in the marketplace. Websites may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened.
Joel O’Leary is a full-time Personal Finance Writer at Motley Fool Money, covering credit cards, bank accounts, investing, mortgages, and other personal finance topics. Joel has been writing about personal finance since 2018, previously leading editorial content for the How To Money podcast and serving as a resident writer at Budgets Are Sexy. He bought his first rental property at age 18, funding the down payment with savings from his high school job at McDonald’s -- a testament to his lifelong passion for smart money decisions. His work aims to make personal finance accessible and actionable for everyday readers. When he’s not writing, Joel enjoys surfing and spending time with his family.
Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation.
The best IRA is the one that's easy to use, has low fees, and offers the investments you actually want. For most people starting out, that's Charles Schwab or SoFi® -- but the right fit depends on how hands-on you want to be.
An individual retirement account (IRA) is one of the simplest ways to build wealth for retirement. The tax breaks alone can save you thousands over the years. Anyone with earned income can open one, and 44% of U.S. households already have -- holding a combined $19.2 trillion as of late 2025, according to the Investment Company Institute.
Below are our favorite IRAs right now, plus how to pick and open the one that fits you.
Our team of experts assessed 45+ trading platforms
We evaluate all brokerage accounts across the same 4 key criteria: user experience, cost efficiency, product variety, and support and security
Our brokerage ratings are never influenced by our advertising partners
We strictly feature products that offer federal insurance and high customer satisfaction, keeping our recommendations unbiased
Featured picks
Choosing an IRA can feel overwhelming, but these two options make it easy to get started:
Charles Schwab makes opening and managing an IRA simple, even if you’re new to investing. The app guides you through setting up your retirement account, offers clear educational resources, and charges $0 commissions. As your confidence grows, you can explore tools like research features and fractional shares, all from your phone.
SoFi Invest®: Best for managing all your money in one place
SoFi® keeps your checking, savings, investing, and even student loan refinancing under one roof. It's also one of the few brokers that matches your IRA contributions -- currently 1% on eligible contributions and rollovers, up to the annual limit. Terms apply.
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For:
All-in-one investing platform
Fees:
$0 stock, ETF, and Schwab Mutual Fund OneSource® trades. No fees to buy fractional shares.
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For:
IRA matching and user-friendly app
Fees:
$0 commission, $0 per trade, other fees may apply
SPECIAL OFFER
Get a 1% IRA Match on contributions & rollovers. Terms apply.
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For:
Gentle learning curve
Fees:
$0 for stocks, ETFs, and options; up to $5 monthly for Robinhood Gold
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For:
Passive investors using mutual funds and ETFs
Fees:
$0 online; $25 broker-assisted fee for some phone trades of stocks and ETFs from other companies (Less than $1 million)
4.70/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
4.70/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Best For:
Options trading and crypto in a retirement account
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.
Our aim is to maintain a balanced best-of list featuring top-scoring brokerages from reputable brands. Ordering within lists is influenced by advertiser compensation, including featured placements at the top of a given list, but our product recommendations are NEVER influenced by advertisers. Learn more about how Motley Fool Money rates brokerage accounts.
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.
Our aim is to maintain a balanced best-of list featuring top-scoring brokerages from reputable brands. Ordering within lists is influenced by advertiser compensation, including featured placements at the top of a given list, but our product recommendations are NEVER influenced by advertisers. Learn more about how Motley Fool Money rates brokerage accounts.
How to choose the right IRA broker
Choosing the right IRA broker comes down to five things: fees, investment selection, minimums, ease of use, and support. Opening any IRA at all is half the battle -- but the right one for you can make a real difference over time. Here's what to compare:
Account fees: Every dollar you don't pay in fees is a dollar that stays in your pocket and keeps compounding.
Range of investment options: Look for lots of index funds, ETFs, and low-cost mutual funds so you can build a diversified portfolio easily.
Minimum balance requirements: Lower minimums make it easier for beginners to start right away.
An easy-to-use platform: An intuitive app or website makes it simple to monitor your holdings and make changes.
Strong customer support: When something goes wrong or you have a question, fast, helpful support is worth a lot.
Carefully weigh these factors and the best IRA brokers start to separate themselves -- and the right pick gets a lot clearer. Next, let's break down what each of our top picks does best.
Detailed IRA broker reviews
Best for an all-in-one investing platform: Charles Schwab
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
Charles Schwab pioneered the low-cost brokerage model decades ago, and that legacy continues with its lineup of no-commission-fee offerings. The robust lineup of account types, investment vehicles, and high quality app round out the stacked feature set.
Charles Schwab lets you manage your IRA right alongside your brokerage, checking, and banking -- all under one roof. Its low-cost index funds, deep research suite, and $0 stock and ETF commissions pack a lot of value into one account.
Schwab is a strong fit if you want everything in one reliable, well-supported ecosystem. It earned our 2026 award for Best Stock Broker for IRA Investors for good reason.
Best for IRA matching and user-friendly app: SoFi Invest®
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
This brokerage is a clear standout for its well-rated mobile app and has unique investment offerings like IPOs, options, and fractional shares.
SoFi® is one of the few brokers that matches your IRA contributions -- currently 1% on eligible contributions and rollovers, which is free money toward your retirement. Terms apply. The platform also folds checking, savings, budgeting tools, and coaching into one true all-in-one money hub.
SoFi® suits newer investors who want streamlined automation and perks, and it took our 2026 award for Best Stock Broker for Beginners.
Best for beginner-friendly tools and research: Fidelity IRA
5.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
Fidelity IRAs are a smart choice for anyone looking to invest for retirement. You get tax advantages, free online tools to help you build a retirement plan and access to financial professionals if you have retirement planning questions, and access to support when you need it. Plus, there are no account fees or minimums to open—making it easy to start investing today.
Fidelity has a beginner-friendly interface, but there are still plenty of features for investors who want to dig deeper. Its research, planning tools, stock screeners, and customer support are all top-tier, and it offers a huge range of account types.
Fidelity is a regular on our list of the best stock brokers (and one I use personally). It earned our 2026 award for Best Stock Broker Overall.
Best for a gentle learning curve: Robinhood Retirement
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
Robinhood is a simple, low-cost brokerage with a few rare perks. It matches retirement deposits like an employer, the interface is gorgeous, and it's extremely affordable. No matter what or how you trade, Robinhood fees tend to match or beat the competition. It's worth a look.
$0 for stocks, ETFs, and options; up to $5 monthly for Robinhood Gold
Account Minimum:
$0
SPECIAL OFFER
Earn up to 3% extra on annual IRA contributions with Robinhood Gold. Subscription and terms apply.
The 3% matching on contribution requires a subscription with Robinhood Gold (fees apply), must be subscribed to Gold for 1 year after your contribution to keep the full 3% match. You must have compensation (wage income) in order to contribute to an IRA. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. For more information refer to the IRA Match FAQ.
Robinhood is a crowd favorite for younger investors, with an intuitive app that's easy to learn as you go. Robinhood also matches your IRA contributions -- 1% for everyone, or 3% with Robinhood Gold -- on top of helpful in-app education.
Newer investors get a smooth, mobile-first experience, and Robinhood won our 2026 award for Best Online Trading Platform.
Best for active traders and advanced tools: E*TRADE from Morgan Stanley
4.90/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
E*TRADE is a strong option for IRAs with hundreds of commission-free ETFs and over 5,000 mutual funds. Additionally, there are no account minimums for Roth IRA accounts.
Get up to $10,000 when you open and fund a new eligible E*TRADE retirement account. Terms apply.
Open a new eligible E*TRADE retirement account, fund your account within 60 calendar days of opening, and earn a cash credit of up to $10,000, depending on the size of your deposit. Offer good for one use per customer, on a single new eligible E*TRADE retirement account. Please read full terms and conditions on our website.
E*TRADE from Morgan Stanley is built for confident, hands-on investors, with deep charting, screeners, and advanced order types. The platform also brings a broad fund lineup and $0 commissions on online stock and ETF trades.
E*TRADE is great for people who enjoy digging into data and fine-tuning their strategy.
Best for Chase customers: J.P. Morgan Self-Directed Investing
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
A no-frills platform with $0 mutual fund fees, J.P. Morgan Self-Directed Investing offers easy trading, an optional robo-advisor, and seamless Chase integration.
Get a cash bonus up to $1,000 when you open and fund a J.P. Morgan Self-Directed Investing account.
$1,000 when you fund with $250,000 or more; $325 when you fund with $100,000-$249,999; $150 when you fund with $25,000-$99,999; $50 when you fund with $5,000-$24,999. Cash promotion is limited to one per customer and can only be applied to one new J.P. Morgan Self-Directed Investing account (General Investment, Traditional IRA, or Roth IRA). To enroll in the up to $1,000 offer, you must open an account through this page.
On
J.P. Morgan Self-Directed Investing's
Secure Website.
J.P. Morgan Self-Directed Investing keeps everything connected if you already bank with Chase. The interface is clean, the fees are minimal, and it plugs straight into the Chase mobile app.
It's a natural fit for loyal Chase customers who value convenience. And it earned our 2026 award for Best Stock Broker for Mutual Funds, thanks to $0 commissions on every mutual fund.
Best for passive investors using mutual funds and ETFs: Vanguard
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
Vanguard is one of the best brokerages for passive investors who want to buy low-cost index fund ETFs. It also offers thousands of no-transaction-fee mutual funds, and excellent zero-commission options for buying stocks online, with no account minimums for brokerage accounts. Vanguard tries to keep its costs and expense ratios low so investors (like you) can keep more of your returns.
Vanguard is home to some of the lowest-cost index funds and ETFs on the planet, which makes it a favorite for long-term, buy-and-hold investors. Its focus on simplicity keeps fees down and helps your money compound more efficiently.
Vanguard is a perfect fit for "set it and forget it" retirement savers.
Best for options trading and crypto in a retirement account: Public
4.70/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line
Public is an investing platform that simplifies trading stocks, bonds, ETFs, options, and crypto. With zero fees on many trades, Public stands out as a low-cost brokerage, while also providing yield-focused products to help you earn returns on your cash.
Public stands out for letting you trade options and crypto right inside your IRA. These are features not all brokers offer in a retirement account. Public rounds that out with stocks, ETFs, bonds, and U.S. Treasuries, all in an easy-to-navigate app with transparent pricing.
Public is a strong fit if you want more flexibility than a standard stock-and-fund lineup, and it matches 1% of your eligible IRA contributions on top.
What an IRA is and why it's important
An individual retirement account is a tax-advantaged account built to help you save for retirement. With the best IRAs, you can invest in stocks, ETFs, mutual funds, and more -- all while saving on capital gains taxes and other costs along the way.
With steady contributions, even small ones, an IRA can grow into one of your biggest assets over the long haul.
Types of IRAs
Traditional IRA: A traditional IRA works a lot like a traditional 401(k). Contributions may be tax-deductible, and your money grows tax-deferred. You pay income taxes when you withdraw funds in retirement, which can help if you expect to be in a lower tax bracket later.
Roth IRA: A Roth IRA flips the timing of when you pay taxes. You contribute after-tax dollars, and then qualified withdrawals in retirement are tax-free. Roth accounts are a great fit for younger earners or anyone expecting higher taxes down the road. See our picks for the best Roth IRA accounts.
Other IRAs: SEP IRAs and SIMPLE IRAs are built for self-employed people and small businesses, with higher contribution limits than standard IRAs. Rollover IRAs let you move money from a 401(k) or another employer plan into an IRA while keeping your savings tax-advantaged.
IRA contributions and withdrawals
IRA rules are pretty simple once you get the hang of them. For 2026, you can contribute up to $7,500 across your traditional and Roth IRAs. If you're 50 or older, you get an extra $1,100 catch-up, bringing your total to $8,600.
Withdrawals depend on the type of IRA. Traditional IRAs tax your withdrawals in retirement, while Roth IRAs let you take qualified withdrawals tax-free. Both come with rules and penalties for tapping the money before age 59 1/2, which is why IRAs work best when you treat them as long-term, hands-off savings.
Setting up your IRA, step by step
Opening an IRA is a lot easier than most people think. The whole process usually takes five to 10 minutes. Here's the quick version:
Choose a broker. Pick a platform with low fees, strong investment options, and tools that match your comfort level. You can't go wrong with any of our top IRA brokers above.
Open the account. You'll enter basic info (name, address, Social Security number) just like opening a bank account. Then you'll pick your IRA type: traditional, Roth, or another option if you're self-employed.
Fund your IRA. Here's where you link your bank account and make your first contribution. You can send a lump sum, set up recurring deposits, or do both. There's no harm in starting small and increasing later.
Choose your investments. Beginners do well starting with broad, low-cost index funds or ETFs, like an S&P 500 index fund. They're simple, diversified, and built for long-term growth.
Automate your plan. Every year brings a fresh chance to contribute and grab those tax perks. Successful investors set up automatic contributions and invest a little at a time. It removes the guesswork, keeps you consistent, and turns investing into a habit instead of a year-end scramble.
Open your IRA and start today
The biggest investing regret most people have is not starting sooner. Opening your IRA and making that first contribution is the hardest part.
Once you're in motion, compounding takes over and does the heavy lifting for you.
So get started today, even if you begin small. When you're ready to take that step, the IRAs above are some of the strongest places to begin.
TIP
Buying your first stocks: Do it the smart way
Once you’ve chosen one of our top-rated brokers, you need to make sure you’re buying the right stocks. We think there’s no better place to start than with Stock Advisor, the flagship stock-picking service of our company, The Motley Fool. You’ll get two new stock picks every month, plus 10 starter stocks and best buys now. The average stock pick inside Stock Advisor is up 930% — more than 4x that of the S&P 500! (as of 7/17/2026). Learn more and get started today with a special new member discount.
Yes. You can open multiple IRAs at different brokers. Your total annual contributions across all of them can't exceed the IRS limit.
A traditional IRA may give you a tax deduction now, and you pay taxes when you withdraw later. A Roth IRA offers no upfront deduction, but your qualified withdrawals in retirement are completely tax-free.
A backdoor Roth IRA is a legal way for high earners to fund a Roth even if they earn too much to contribute directly. You put money in a traditional IRA, then convert it to a Roth. Taxes may apply to any gains, so check with a tax pro first.
No. Many brokers have no minimums, so you can open an IRA with a small deposit and build from there. Even $25 or $50 a month can create real momentum.
Yes. You can move your IRA from one broker to another without triggering taxes, as long as it's done as a trustee-to-trustee transfer.
Share This Page
Brokerages we evaluated for consideration on this page: Acorns, Ally Invest, Axos Self-Directed Trading, Betterment, Cash App Investing, Charles Schwab, Delphia, Domain Money, Ellevest, Empower, eToro Brokerage, E*TRADE Core Portfolios from Morgan Stanley, E*TRADE from Morgan Stanley, Fidelity, Fidelity Cash Management, Fidelity Go®, Firstrade, FOREX.com, Interactive Brokers, J.P. Morgan Self-Directed Investing, M1 Finance, Magnifi, Marcus Invest, Merrill Edge® Self-Directed, Moomoo, NinjaTrader, Personal Capital, Plynk, Prosperi Academy, Public, Robinhood, Rocket Dollar, Schwab Intelligent Portfolios, SoFi Active Investing, SoFi Robo Investing, Stash, Stockpile, tastytrade, Titan, Tornado App, TradeStation, Tradier, Vanguard, Vanguard Digital Advisor®, Wealthfront, Webull, Zacks Trade.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
Terms may apply to offers listed on this page.
Motley Fool Stock Disclosures
Charles Schwab is an advertising partner of Motley Fool Money. Ally is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Joel O'Leary has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Axos Financial, Interactive Brokers Group, and JPMorgan Chase. The Motley Fool recommends Charles Schwab and recommends the following options: long January 2027 $43.75 calls on Interactive Brokers Group, short January 2027 $46.25 calls on Interactive Brokers Group, and short September 2026 $95 calls on Charles Schwab. The Motley Fool has a disclosure policy.
SoFi Invest® Disclosure:
Robinhood Retirement Disclosure:
Robinhood disclosure
Margin borrowing increases your level of market risk, as a result it has the potential to magnify both your gains and losses. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance. Regardless of the underlying value of the securities you purchased, you must repay your margin loan. Robinhood Financial can change its maintenance margin requirements at any time without prior notice. If the equity in your account falls below the minimum maintenance requirements (varies according to the security), you’ll have to deposit additional cash or acceptable collateral. If you fail to meet your minimums, Robinhood Financial may be forced to sell some or all of your securities, with or without your prior approval. For more information please see Robinhood Financial’s Margin Disclosure Statement, Margin Agreement and FINRA Investor Information.
Margin trading involves risk and may not be suitable for all investors. Borrowing on margin increases your level of market risk and can amplify both gains and losses.
Robinhood Financial may change maintenance margin requirements at any time without prior notice. If the equity in your account falls below minimum maintenance requirements, you may need to deposit additional cash or collateral. If those requirements are not met, Robinhood Financial may sell securities in your account without prior approval.
The 3% matching on annual contributions requires a subscription with Robinhood Gold ($5/mo) and customers must stay subscribed to Gold for 1 year from the date of the first eligible deposit to keep the full Gold match. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. Match rate subject to change. Non-Gold customers receive a 1% match. Offer only applies to self-directed IRAs. For more information refer to the IRA Match FAQ.
You must have compensation (wage income) in order to contribute to an IRA. Funds being contributed into or distributed from retirement accounts may entail tax consequences. Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax. Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.
The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing.
The 3% matching on annual contributions requires a subscription with Robinhood Gold ($5/mo) and customers must stay subscribed to Gold for 1 year from the date of the first eligible deposit to keep the full Gold match. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. Match rate subject to change. Non-Gold customers receive a 1% match. Offer only applies to self-directed IRAs. For more information refer to the IRA Match FAQ.
You must have compensation (wage income) in order to contribute to an IRA. Funds being contributed into or distributed from retirement accounts may entail tax consequences. Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax. Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.
The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing.
Robinhood Strategies charges an annual management fee of 0.25% on the net portfolio value of each managed account. Eligible Robinhood Gold subscribers pay no management fees on the portion of their managed account net portfolio value that exceeds $100,000, thereby limiting the annual management fee to $250. Other fees apply.
All investments involve risk and loss of principal is possible.
Brokerage services are offered through Robinhood Financial LLC, ("RHF") a registered broker dealer (member SIPC) and clearing services through Robinhood Securities, LLC, ("RHS") a registered broker dealer (member SIPC).
RHF and RHS are not banks. All are separate but affiliated entities. Securities offered by RHF are not FDIC insured and involve risk, including possible loss of principal.
Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC.
Portfolio management of managed accounts by Robinhood Asset Management, LLC (“Robinhood Strategies”), an SEC-registered investment advisor.
Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before trading options.
Cryptocurrency trading is offered through Robinhood Crypto, LLC (NMLS ID 1702840). Trading and holding digital assets involves significant risk, including the risk of substantial loss. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.
*Trading and owning digital assets involves significant risk, including the risk of substantial loss. Cryptocurrency trading is offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the
New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.
** Network fees may apply. Availability may be subject to regulatory approval in certain states.
E*TRADE from Morgan Stanley Disclosure:
E*TRADE services are available just to U.S. residents.
J.P. Morgan Self-Directed Investing Disclosure:
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Vanguard Disclosure:
Vanguard disclosures
Visit vanguard.com to obtain a prospectus or, if available, a summary prospectus, for Vanguard and non-Vanguard funds offered through Vanguard Brokerage Services. The prospectus contains investment objectives, risks, charges, expenses, and other information; read and consider carefully before investing.
Commission-free trading of Vanguard ETFs applies to trades placed both online and by phone. All ETFs are subject to management fees and expenses; refer to each ETF's prospectus for more information. Account service fees may also apply. All ETF sales are subject to a securities transaction fee. See the Vanguard Brokerage Services commission and fee schedules for full details.
Vanguard funds not held in a brokerage account are held by The Vanguard Group, Inc., and are not protected by SIPC. Brokerage assets are held by Vanguard Brokerage Services, a division of Vanguard Marketing Corporation, member FINRA and SIPC.
Vanguard Marketing Corporation, Distributor of the Vanguard Funds
2026 Award Winner
