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Steven is a personal finance writer covering topics from mortgages to credit cards to market news. He has written for The Motley Fool Canada, Ramsey Solutions, Nerdwallet, Clever Real Estate, and other major outlets. Steven launched his writing career at the age of four with his first book, "Revenge of the Bad Guys." He currently lives in Portland, Oregon.
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Individual retirement accounts (IRAs) give you special tax advantages. The best of them make it simple and profitable to save for retirement, with no hassle. Passive and active investors can use these accounts to invest in stocks, earn interest, and more.
Financial freedom is easier with IRAs. If you can wait to withdraw money until retirement, the tax advantages of IRAs make them more profitable than regular brokerage accounts. See the following accounts for what they're best for (best app, low fees, IRA match) and bottom lines.
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
3 Featured Picks From Our Best IRA Accounts
There are a lot of options to compare, even on this page. It can be overwhelming! If you're looking for a place to start, here are some IRA accounts our experts recommend and why they like them:
4.5/5
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
Rating image, 4.5 out of 5 stars.
4.5/5
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
4.5/5
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
Rating image, 4.5 out of 5 stars.
4.5/5
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
4.5/5
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
Rating image, 4.5 out of 5 stars.
4.5/5
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:
A learning curve and IRA matching
Commission:
$0 for stocks, ETFs, and options; up to $5 monthly for Robinhood Gold
4.0/5
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
Rating image, 4.0 out of 5 stars.
4.0/5
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
5.0/5
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
Rating image, 5.0 out of 5 stars.
5.0/5
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
4.5/5
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
Rating image, 4.5 out of 5 stars.
4.5/5
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
4.5/5
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
Rating image, 4.5 out of 5 stars.
4.5/5
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
4.5/5
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
Rating image, 4.5 out of 5 stars.
4.5/5
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:
Most features on one platform
Commission:
$0 stock, ETF, and Schwab Mutual Fund OneSource® trades. No fees to buy fractional shares.
4.5/5
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
Rating image, 4.5 out of 5 stars.
4.5/5
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:
Passively investing in mutual funds and ETFs
Commission:
$0 online; $25 broker-assisted fee for some phone trades of stocks and ETFs from other companies (Less than $1 million)
A note from our Head of Product Ratings, Robin Hartill
When we researched online brokers to create this list of brokerages, some of the things we looked for were low costs, a variety of account types, and great customer service ratings. Everyone's investing journey is different, but I've found these three factors are important for anyone to have a great investing experience.
Reviews of the best IRAs
For managing all your money in one place: SoFi Active Investing
4.5/5
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
SoFi condenses all its banking, investing, lending, and retirement products in one app. Get special perks and discounts for using more than one SoFi product.
Special Offer
For new accounts: Customer must fund their Active Invest account with at least $25 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%.
Get up to $1,000 in stock when you fund a new Active Invest account.
Why SoFi Active Investing made the list: SoFi is an easy-to-use app-based investment platform, but also has some of the features you might expect from larger, more established brokers. For example, SoFi is one of the few app-based brokers to offer mutual fund investing.
It can also be a great choice for people looking for an all-in-one banking relationship, as it offers excellent checking and savings accounts, as well as other financial products in one user-friendly app.
4.5/5
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 feature-packed oldie that's kept up with the times. It has all the tools a retirement investor could want, including deep research, charts, and 24/7 phone support.
Why E*TRADE made the list: E*TRADE was one of the pioneers of the online brokerage industry, and is still one of the best at what it does. It offers many different account types, including traditional, Roth, SEP, and SIMPLE IRAs, and has an extensive library of educational resources for investors of all levels.
4.5/5
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 easy to pick up and tough to put down. The app is easy to learn, and its IRA match is extremely generous.
Why Robinhood made the list: Robinhood is best known as an app designed for stock traders, but there's a lot more to it. Robinhood is one of the best places to open an IRA, especially for those who want an easy-to-use app-based platform.
The Robinhood Gold membership costs extra, but the 3% IRA match alone can make it worth paying for.
4.0/5
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
J.P. Morgan Self-Directed Investing keeps it simple. Mutual funds are zero commission, and it's especially convenient if you already bank at Chase.
Earn a bonus up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account (retirement or general) with qualifying new money by 01/23/2025.
On
J.P. Morgan Self-Directed Investing's
Secure Website.
Pros
Affordable mutual funds
All-in-one app for Chase customers
Cons
Feature lite
Why J.P. Morgan Self-Directed Investing made the list: J.P. Morgan Chase is best known to most consumers for its Chase banking brand, but it also offers a self-directed investment platform under the legendary J.P. Morgan name.
It has an excellent app and for existing Chase customers, you can manage your investments in the same app and web-based platform as your other banking products.
5.0/5
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 combines the solid reputation and feature-rich platform of old platforms with an app that's actually simple to use. It offers Roth and traditional IRAs.
Why Fidelity made the list: Fidelity can be a great choice for IRA investors, as it is one of the oldest and largest brokers in the United States and offers a ton of educational resources, research reports, and trading tools.
Compared with other "traditional" online brokers, Fidelity's app and trading platforms are surprisingly user-friendly.
4.5/5
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
Merrill Edge® Self-Directed offers a simple way for Bank of America customers to invest and take advantage of the bank's Preferred Rewards program.
Why Merrill Edge® Self-Directed made the list: Merrill Edge is the self-directed investment platform offered by the Merrill Lynch firm, which is a subsidiary of Bank of America.
You'll find lots of educational resources, an easy-to-use investment interface, and more. Plus, Bank of America customers can take advantage of the excellent Preferred Rewards program.
4.5/5
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
Ally Invest offers all the basics at affordable prices. You can invest, bank, and take out loans from the same platform -- desktop or mobile.
Why Ally Invest made the list: Ally Financial is best known for being a leading auto lender, but it also offers a variety of banking services, including an investment platform.
Customers can open IRAs that are self-directed or automated, and there are some big perks, such as commission-free mutual fund investing and even a fee-free robo-advisor option.
4.5/5
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 gives you so many choices, you'll probably never explore them all. Check it out to do all your investing from one platform.
Fees:
$0 stock, ETF, and Schwab Mutual Fund OneSource® trades. No fees to buy fractional shares.
Why Charles Schwab made the list: Charles Schwab was the original discount broker back in the days when old-school Wall Street brokers and high commissions were the norm. It is now one of the largest brokers in the entire world, and is loaded with features, account types, and investment choices.
4.5/5
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 a hyper-affordable platform for slowly building up a portfolio of ETFs and mutual funds. It's ideal for retirement investors who don't day trade.
Fees:
$0 online; $25 broker-assisted fee for some phone trades of stocks and ETFs from other companies (Less than $1 million)
Why Vanguard made the list: If you're looking to actively buy and sell stocks in your IRA, or want a powerful and user-friendly trading interface, Vanguard probably isn't the best choice for you. But for a place to buy mainly mutual funds and ETFs and gradually build a retirement portfolio, it's worth a look.
As you're comparing IRA brokerages, here are a few features to look for:
Investment options: IRA providers typically let you invest in stocks and index funds, but some don't offer mutual funds, options, or other forms of investments such as cryptocurrencies.
In-person consultation: Some brokers will provide face-to-face retirement planning through extensive branch networks, or remotely. If this is important to you, check to see if the broker has a branch nearby or offers sessions by video or phone with a human advisor.
Low commission and trading fees: Virtually all brokers have stopped charging commissions for basic stock and ETF investing. But if you're interested in mutual funds or options, it's important to understand how much you might be charged for these.
Retirement planning resources: If your goal is to save for retirement, make sure the IRA provider is committed to helping you get there. This could mean having access to a library fully stocked with retirement guides or having wealth-planning tools, like calculators, that can help you stay on track.
How to open an IRA account
Each provider will have slightly different steps for opening your IRA account.
First, you'll be asked for some personal information, such as:
Address
Phone number
Social Security number
Date of birth
Employment information
Next, you'll want to decide how to add funds to your IRA. Some options include:
Linking a bank account
Rolling over a 401(k) or similar retirement plan
Transferring funds from another IRA account
Wiring money
Mailing a check
At this point, you just choose your investments and your IRA account is open.
What's the minimum to open an IRA?
Some brokers require a minimum initial investment to open an IRA. This is more common if you're opting for a professionally managed IRA or want to put your IRA into a robo-advisor. Most of the brokers on our list don't have IRA account minimums.
Most brokers that offer traditional and Roth IRAs have no minimum deposit requirement, so you can get started with as little as a few dollars. If you're opening an account with a small initial investment, look for a brokerage with zero or low fees. You'll likely also want a broker that lets you purchase fractional shares or ETFs so you can buy stocks even if you can't afford a full share.
IRA contribution limits 2024
The IRA contribution limit changes annually based on inflation, and also changes based on your age. These can be found at the IRS website.
For 2024, you can contribute:
$7,000 if you are under 50
$8,000 if you are 50 or over at the end of the calendar year
It's also important to mention that IRA contributions and the ability to deduct them on your tax return can be limited based on your income and employment situation. If you're looking for more information, it's best to reference the official IRS website for the most up-to-date details.
It's also worth noting that this is a per-person limit, not per account. In other words, you are allowed to have more than one IRA if you qualify (say, a traditional and a Roth), but your total contribution can't exceed the annual limit.
What investments are allowed in an IRA?
Most investments are allowed in an IRA.
For example, you can invest in any of these in an IRA account:
Annuities
Bonds
CDs
Certain cryptocurrencies
ETFs
Money market accounts (and funds)
Mutual funds
Real estate
REITs
Stocks
Treasury bills
That said, there are certain investments that aren't allowed in any IRA, such as collectibles (like stamps or artwork) or real estate that you benefit directly from, like a primary residence or rental property. Plus, some brokers don't offer all of these types of investments.
Can you lose money in an IRA?
You can lose some or all of your money in an IRA. But if you invest conservatively in blue-chip stocks (those offered by strong, established businesses), ETFs, and mutual funds, the chance of losing all of your money can be greatly diminished.
Here are three ways that IRAs can lose money:
Securities that lose value: This is the most common way to lose money in an IRA account. For example, you could invest in a stock whose company goes bankrupt, thus making your shares worthless.
Market conditions: Your IRA account can also fluctuate due to market conditions, performing well when the economy is strong and poor when it goes through downturns and hiccups.
Early withdrawals: You can also lose money through early withdrawal penalties. This might happen if you withdraw funds before you reach age 59 1/2. While some early withdrawals may be allowed (such as for financial hardships), most will incur an additional income tax of 10% of the amount you withdraw.
TIP
Is an IRA safe if my brokerage fails?
An IRA account is a safe place to put your money. Money in the account is protected against the broker's failure by the Securities Investor Protection Corporation (SIPC), the brokerage version of the FDIC.
TIP
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What is an IRA?
An individual retirement account (IRA) is an investment account that provides tax benefits, like deferred taxes on investment growth, for retirement savings. These accounts are offered by brokers and banks and come with annual contribution limits.
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.
Most online brokerage firms let you open an IRA for free. This means you choose your own investments. If you want professional management or a robo-advisor to select your investments, you'll pay a fee for these services.
Some brokerages charge a commission for buying and selling assets within your IRA. But an increasing number of online brokers are eliminating commission fees for stock trades and offering commission-free ETFs or no-load mutual funds. You might instead pay a flat monthly fee.
However, you'll still pay fees associated with certain types of investments, such as fund management fees for mutual funds. These fees are paid to the fund managers, not your brokerage firm, and they'll apply no matter which broker you use to buy the investment.
Yes, you can hold as many IRAs as you want, but the contribution limit applies across the board. In other words, opening more than one account doesn't increase your total annual contribution limits.
Whether an IRA can help you save on taxes or not will depend on your modified adjusted gross income (MAGI) and the retirement plan you have through your employer (if applicable). In general, if your MAGI falls below the income limits set by the IRS or you're not covered by an employer's retirement plan, you're likely eligible to save on taxes with an IRA.
Maybe. Anyone can contribute to a traditional IRA, but in order to deduct your contributions, your income must be below certain thresholds if you have a 401(k). If you already have a Roth IRA, you may still qualify for deductible traditional IRA contributions, but your total contributions to both accounts cannot exceed the IRS's annual maximum.
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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, E*TRADE, 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.
Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Ally is an advertising partner of Motley Fool Money. Charles Schwab is an advertising partner of Motley Fool Money. Cole Tretheway has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Axos Financial, Bank of America, Best Buy, Interactive Brokers Group, Intuit, JPMorgan Chase, Target, and Uber Technologies. The Motley Fool recommends Charles Schwab and recommends the following options: short December 2024 $67.50 calls on Charles Schwab. The Motley Fool has a disclosure policy.
J.P Morgan Disclosure INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Fidelity disclosure Fractional share quantities can be entered out to 3 decimal places (.001) as long as the value of the order is at least $1.00. Dollar-based trades can be entered out to 2 decimal places (e.g. $250.00)
E*TRADE services are available just to U.S. residents.
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.
Options are a leveraged investment and are not suitable for every investor. Options involve risk, including the possibility that you could lose more money than you invest. Before buying or selling options, you must receive a copy of Characteristics and Risks of Standardized Options issued by OCC. A copy of this booklet is available at theocc.com. It may also be obtained from your broker, any exchange on which options are traded, or by contacting OCC at 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 (888-678-4667 or 888-OPTIONS). The booklet contains information on options issued by OCC. It is intended for educational purposes. No statement in the booklet should be construed as a recommendation to buy or sell a security or to provide investment advice. For further assistance, please call The Options Industry Council (OIC) helpline at 888-OPTIONS or visit optionseducation.org for more information. The OIC can provide you with balanced options education and tools to assist you with your options questions and trading.
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 HYPERLINK "https://investor.vanguard.com/investing/transaction-fees-commissions/etfs" 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
Robinhood disclosure
All investments involve risk and loss of principal is possible.
Securities are offered through Robinhood Financial LLC, member FINRA/SIPC. Cryptocurrency services are 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. For more information see the Robinhood Crypto Risk Disclosure.
Trades of stocks, ETFs and options are commission-free at Robinhood Financial LLC. Other fees may apply. Please see Robinhood Financial’s Fee Schedule to learn more.
Fractional shares are illiquid outside of Robinhood and are not transferable. Not all securities available through Robinhood are eligible for fractional share orders. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see the Fractional Shares section of our Customer Agreement.
Robinhood Gold is an account offering premium services available for a $5 monthly fee. Not all investors will be eligible to trade on Margin. Margin investing involves the risk of greater investment losses. Additional interest charges may apply depending on the amount of margin used. Bigger Instant Deposits are only available if your Instant Deposits status is in good standing.
Investing is risky. Bonus offers subject to terms and conditions, visit robinhood.com/hoodweek for more information. Margin is not suitable for all investors. Robinhood Gold is offered through Robinhood Gold LLC and is a subscription offering services for a fee. Brokerage services offered through Robinhood Financial LLC (member SIPC), a registered broker dealer.
SoFi Disclosure: INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org).
Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.
Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org).
There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options
Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser.
Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information
Probability of Member receiving $1,000 is a probability of 0.028%
Terms and conditions apply. Roll over a minimum of $20K to receive the 1% match offer. Matches on contributions are made up to the annual limits.
For full promotion terms please visit: https://www.sofi.com/acatoffer. SoFi does not accept cryptocurrencies and has limitations on some mutual funds and OTC stocks. Brokerage and Active Investing Products offered by SoFi Securities, LLC, Member FINRA/SIPC.
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