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Best Free Stock Trading Apps of 2025

Review Updated
Brendan Byrnes
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.

We live in incredible times. Anyone with a smartphone and five bucks can open an investing account, trade stocks for free, and start building wealth -- all in the time it takes to drink a cup of coffee.

Our analysts evaluated more than 45 brokers and narrowed them down to the top free stock trading apps of 2025. These picks stand out for their ease of use, powerful features, and low (or zero) costs. Many of us at The Motley Fool personally use these apps -- and you'll find first-hand reviews and insights throughout this page.

A few standouts in 2025:

  1. SoFi Invest® offers a clean, beginner-friendly app with $0 commissions, fractional shares, and automated investing options. Plus, seamless integration with SoFi®'s banking products. Click here to open an account.
  2. Fidelity is one of the largest brokers in the world. You get commission-free trades, advanced tools, and top-tier research -- all in a modern app that caters to beginners. Click here to open an account.
  • 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

The 7 best free stock trading apps

Broker Best For Fees Special Offer Learn More
Award Icon 2026 Award Winner
SoFi Active Investing Offer Image
4.5/5 Circle with letter I in it. 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.
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4.5/5 Circle with letter I in it. 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.
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Best For:

Diverse financial needs

Fees:

$0 for stocks, $0 for options contracts

Special Offer

Get up to $1,000 in stock when you fund a new account. Circle with letter I in it. Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Probability of member receiving $1,000 is 0.026%. Percentages for the $1,000 are subject to decrease.

Learn More for SoFi Active Investing

On SoFi Active Investing's Secure Website.

Fidelity Offer Image
5.0/5 Circle with letter I in it. 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.
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5.0/5 Circle with letter I in it. 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.
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Best For:

Full-service investing at every experience level

Fees:

$0 commission for online U.S. stock and ETFs*. No account fees****.

N/A

Learn More for Fidelity

On Fidelity's Secure Website.

Charles Schwab Offer Image
4.5/5 Circle with letter I in it. 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.
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4.5/5 Circle with letter I in it. 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.
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Best For:

Variety of low-cost investment options

Fees:

$0 stock, ETF, and Schwab Mutual Fund OneSource® trades. No fees to buy fractional shares.

N/A

Learn More for Charles Schwab

On Charles Schwab's Secure Website.

Award Icon 2026 Award Winner
Robinhood Offer Image
4.5/5 Circle with letter I in it. 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.
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4.5/5 Circle with letter I in it. 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.
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Best For:

No-frills stock trading

Fees:

$0 for stocks, ETFs, and options

Special Offer

Get a Free Stock Circle with letter I in it. Receive between $5 and $200 to pick a gift stock when you link a bank account or debit card.

Learn More for Robinhood

On Robinhood's Secure Website.

Award Icon 2026 Award Winner
E*TRADE from Morgan Stanley Offer Image
4.5/5 Circle with letter I in it. 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.
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4.5/5 Circle with letter I in it. 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.
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Best For:

Mobile trading platform

Fees:

Commission-free; other fees apply

N/A

Award Icon 2026 Award Winner
Webull Offer Image
4.5/5 Circle with letter I in it. 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.
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4.5/5 Circle with letter I in it. 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.
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Best For:

User-friendly trading platform

Fees:

$0 per trade

N/A

Learn More for Webull

On Webull's Secure Website.

Award Icon 2026 Award Winner
Public Offer Image
4.0/5 Circle with letter I in it. 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.
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4.0/5 Circle with letter I in it. 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.
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Best For:

Diversified portfolio trading

Fees:

$0 commissions, 1%-2% crypto markups

N/A

Learn More for Public

On Public's Secure Website.

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.

  • 1. Commission fees

    Look for an app that offers commission-free trades for stocks, ETFs, and fractional shares -- all good brokerage accounts have cut fees for those by now. Some brokerages charge fees for options or crypto transactions, which isn't a dealbreaker, but make sure if you're planning to trade those, you pick a low-cost option. And look for accounts with no account maintenance or withdrawal charges -- it's 2025, after all.

    2. User interface and experience

    You need an easy-to-use app, period. From just wanting to check in on your investments to making quick decisions, you need an intuitive interface.

    Look for apps that let you toggle between accounts, see your portfolio in a glance, and make trades with minimal clicks. If you're into detailed charts or tracking, make sure the app offers features that suit your needs without being overwhelming. Nobody's got time for a clunky, confusing interface.

    3. Safety and security

    When you're handling your finances, security is a top priority. The biggest factor here is SIPC insurance. The Securities Investor Protection Corporation (SIPC) covers up to $500,000 in your brokerage account, much like FDIC insurance does for your bank account.

    Each app on this list comes with SIPC insurance and a solid track record for safety. Rest assured, we wouldn't recommend any platform we wouldn't trust with our own investments.

    4. Research and analysis

    Good trading isn't just about making quick moves -- it's about making informed decisions. That's why choosing an app with solid research tools is crucial.

    Look for features like stock analysis, real-time market data, and customizable charts. The level of detail you need depends on your trading style: if you're more of a hands-off investor, you might not need too much detail, but if you're actively trading, the more tools, the better.

Reviews of the top stock trading apps

Our choice for diverse financial needs: SoFi Active Investing

SoFi Active Investing
Learn More for SoFi Active Investing

On SoFi Active Investing's Secure Website.

Award Icon 2026 Award Winner

Our Rating:

4.5/5 Circle with letter I in it. 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.
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Bottom Line

SoFi Invest® delivers for investors a full-service financial institution in an app, in addition to a great trading platform and experience.

Fees:

$0 for stocks, $0 for options contracts

Account Minimum:

$0

Special Offer Circle with letter I in it. Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Probability of member receiving $1,000 is 0.026%. Percentages for the $1,000 are subject to decrease.

Get up to $1,000 in stock when you fund a new account.

Learn More for SoFi Active Investing

On SoFi Active Investing's Secure Website.

Why we like it: SoFi® is growing like crazy -- and for good reason. It's built for a new generation of investors who want a basic, streamlined way to build wealth over time. The app is clean, intuitive, and packed with features that make long-term investing feel effortless. Users love how accessible it is to automate contributions, invest their SoFi® credit card rewards, and manage everything in one place.

What you should know: SoFi® is a great fit for long-term, buy-and-hold investors who want to "set it and forget it." But it's not really built for active traders or anyone who needs deep technical charts and real-time analysis. If you're looking for a sleek experience, strong customer support, and tools to help you stay consistent, SoFi® is a solid all-in-one choice.

Our choice for a full-featured broker: Fidelity

Fidelity
Learn More for Fidelity

On Fidelity's Secure Website.

Our Rating:

5.0/5 Circle with letter I in it. 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.
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Bottom Line

Fidelity makes investing easy with $0 commission trades, powerful tools, and 24/7 support. Trade stocks, ETFs, options, and even crypto -- all in one place. Get expert insights, automate your investing, and potentially earn more on uninvested cash.

Fees:

$0 commission for online U.S. stock and ETFs*. No account fees****.

Account Minimum:

$0****

Learn More for Fidelity

On Fidelity's Secure Website.

Why we like it: Fidelity is a powerhouse in the investing world. And it earns that rep with a rock-solid platform that works for beginners and seasoned investors alike. In fact, we point most newbie investors toward Fidelity, and it took home our Best Broker Overall Award for 2026.

You'll get access to a huge selection of investment options, from stocks and ETFs to mutual funds, plus powerful tools if you decide to get more advanced down the road.

What you should know: Fidelity does a lot right, but its fees for options contracts and margin trading are slightly higher than some competitors. If you're a frequent trader in those areas, it might not be the cheapest route. But for most long-term investors, the overall value more than makes up for it.

First-hand review from one of our employees who uses Fidelity personally:

"I've been using Fidelity for over a decade, and my experience has been excellent. I've found it to be an easy-to-use platform, has great customer service, and the fees are low or nonexistent. An underrated feature is the ability to change your core cash position to high-yielding options including a money market fund or a treasury fund. The yields on these funds are very attractive and it means you can feel comfortable keeping cash here that you're waiting to invest."

- Brendan Byrnes, Director of Motley Fool Money

Our choice for a variety of low-cost investment options: Charles Schwab

Charles Schwab
Learn More for Charles Schwab

On Charles Schwab's Secure Website.

Our Rating:

4.5/5 Circle with letter I in it. 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.
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= Excellent
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Bottom Line

A full-featured broker with an excellent mobile trading app to complement its desktop platform.

Fees:

$0 stock, ETF, and Schwab Mutual Fund OneSource® trades. No fees to buy fractional shares.

Account Minimum:

$0

Learn More for Charles Schwab

On Charles Schwab's Secure Website.

Why we like it: Much like Fidelity, Charles Schwab is one of the OGs of online investing. From casual investors to seasoned pros, Schwab offers something for everyone. You'll find $0 commissions, a massive lineup of investment options (stocks, ETFs, mutual funds, options, and more), and the kind of long-term stability that only comes from a firm with decades of experience.

What you should know: Schwab's app gets the job done, but it's not winning any design awards. Compared to sleeker platforms like Robinhood or SoFi®, the user interface can feel a bit clunky. That said, if you care more about substance than style -- and want a full-service brokerage with deep resources -- Schwab's still a great choice.

First-hand review from one of our employees who uses Charles Schwab personally:

"I've used Charles Schwab for about four years now, and it's just a solid broker in every way. The app itself can be a bit clunky at times, but they've improved it a ton in the last two years I've been using it, and I love that I can quickly see how all my accounts are doing in one place. I would recommend it to beginner investors who need educational resources and customer support -- I've used both a lot and have had great experiences."

- Brooklyn Sprunger, Content Manager

Our choice for no-frills stock trading: Robinhood

Robinhood
Learn More for Robinhood

On Robinhood's Secure Website.

Award Icon 2026 Award Winner

Our Rating:

4.5/5 Circle with letter I in it. 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 offers a user-friendly mobile trading app that allows trading in stocks, options, and cryptocurrencies.

Fees:

$0 for stocks, ETFs, and options

Account Minimum:

$0

Special Offer Circle with letter I in it. Receive between $5 and $200 to pick a gift stock when you link a bank account or debit card.

Get a Free Stock

Learn More for Robinhood

On Robinhood's Secure Website.

Why we like it: In our experience, Robinhood has the easiest usability of any app on our list. It keeps things simple with a sleek, modern app that's perfect for those who want to trade without all the complexity of traditional brokerages. You can trade stocks, options, and even cryptocurrencies with no commissions, plus get in on fractional shares.

Oh, and did we mention a 1% match on IRA contributions? That's right, all for free within the app.

What you should know: The free version of Robinhood is just that -- free, but a little basic. Without a subscription to Robinhood Gold, you won't get access to advanced research or extra trading tools. So, if you're looking for a platform with deep insights and extra bells and whistles, this might not be your best bet. But if you just want to get in, make your trade, and keep it moving, Robinhood is a good option.

First-hand review from one of our employees who uses Robinhood personally:

"I've been using Robinhood since they launched. At the time, they were one of the only platforms to offer zero-fee trades. Their platform was developed to be mobile-first, so the app is clean and easy to use. They also recently launched an IRA product, which is built in to the existing app. The account was easy to open, and since I was already familiar with the platform, it's intuitive to fund the IRA and buy stocks."

- Louis Feldsott, Data Analyst

Our choice for mobile trading platform: E*TRADE from Morgan Stanley

Award Icon 2026 Award Winner

Our Rating:

4.5/5 Circle with letter I in it. 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.
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Bottom Line

E*TRADE from Morgan Stanley sports two of the best stock trading apps: one that shines for its ease-of-use, and one tailored to advanced active traders.

Fees:

Commission-free; other fees apply

Account Minimum:

$0

Special Offer Circle with letter I in it. Open a new eligible E*TRADE brokerage account, fund your account within 60 days of opening, and earn a cash bonus of up to $1,000, depending on the size of your deposit. Offer good for one use per customer, on a single account. Please read full terms and conditions on our website.

Open and fund a brokerage account and get up to $1,000. Terms apply.

Why we like it: E*TRADE from Morgan Stanley offers two solid mobile trading platforms -- its main app for everyday investors and the Power E*TRADE from Morgan Stanley app for advanced traders. Both are free and provide excellent research, screening tools, and a range of account types. Plus, unlike many free stock apps, E*TRADE from Morgan Stanley allows mutual fund and bond trading, making it a great choice for those seeking flexibility and a variety of investment options.

What you should know: While E*TRADE from Morgan Stanley offers a lot, it's not the simplest platform to navigate -- especially for those just starting out. Its advanced tools may feel overwhelming to beginners. Additionally, options trading does come with commissions, so if that's a key focus for you, be aware of the extra costs.

Despite these quirks, if you're after a full-featured broker with a robust selection of investment options, E*TRADE from Morgan Stanley is a strong contender.

First-hand review from one of our employees who uses E*TRADE from Morgan Stanley personally:

"I love the 'Add to Watchlist' feature on individual stocks within the E*TRADE from Morgan Stanley app. And while I like that they include news, earnings, and jobs reports, it's more info than I, as a pretty passive trader, usually need."

- Alexi Ueltzen, Editor/Analyst

Our choice for a user-friendly trading platform: Webull

Webull
Learn More for Webull

On Webull's Secure Website.

Award Icon 2026 Award Winner

Our Rating:

4.5/5 Circle with letter I in it. 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.
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= Excellent
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Bottom Line

Webull offers a user-friendly stock investing platform with more features than some of its app-based rivals.

Fees:

$0 per trade

Account Minimum:

$0

Learn More for Webull

On Webull's Secure Website.

Why we like it: Webull strikes a nice balance between advanced features and a modern, sleek interface, making it ideal for active traders who don't need hand-holding. Think of it as a happy middle ground between Robinhood's simple, fast trading and Fidelity's robust, long-term solutions. You get the advanced tools of a major brokerage with the user-friendly, fresh vibe of a younger app. Plus, it offers commission-free trades on stocks, options, and more.

What you should know: While Webull shines for active traders, it's not as comprehensive as some larger institutions. It doesn't offer mutual funds, bonds, or CDs, so if you're looking for those, you'll need to look elsewhere. Also, its educational resources are more limited, making it better suited for experienced traders than those just starting out.

First-hand review from one of our employees who uses Webull personally:

"I've had my Webull trading account for three years and primarily did my trading using my mobile device. I love that the app allows you to check your individual account's risk level based on your investments. However, I felt it wasn't as user-friendly when I first started trading, and it took some adjusting. Other trading platforms have offered walkthroughs of their platforms, which made a difference for me."

- Sharice Wells, Editor

Our choice for diversified portfolio trading: Public

Public
Learn More for Public

On Public's Secure Website.

Award Icon 2026 Award Winner

Our Rating:

4.0/5 Circle with letter I in it. 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.
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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.

Fees:

$0 commissions, 1%-2% crypto markups

Account Minimum:

$1

Learn More for Public

On Public's Secure Website.

Why we like it: Public stands out with two unique perks: an options rebate that pays you to trade options, and a high-yield cash account with a whopping 4.10% APY (that's higher than many high-yield savings accounts). These are just two of several options for diversifying your portfolio within Public.

What you should know: Public is a relatively new player in the investing space, founded in 2019, so its track record isn't as long as other brokers on this list. However, it has quickly made a name for itself with innovations like fractional share investing and AI-powered insights. It may be newer, but it's definitely making waves.

FAQs

  • For most new investors, we recommend Fidelity. It's easy to navigate, gives you commission-free trades, and provides great educational tools to help you learn and build up confidence. SoFi® is another great pick if you're looking for automation and simplicity -- it's perfect for a "set it and forget it" investing style.

  • Yes, as long as you're using a reputable broker. All of the apps on our list are backed by SIPC insurance, which protects your investments (up to certain limits) in the event the brokerage fails. Just make sure you're downloading the official app and enabling two-factor authentication for extra security.

  • Absolutely. Many top trading apps let you buy fractional shares, so you can invest with as little as even $1. That means you can own a piece of Amazon, Tesla, or Apple without needing hundreds of dollars up front.

  • If you're planning to invest consistently over time and grow your wealth steadily, look for an app that offers automation, low fees, and strong research tools. Fidelity, Schwab, and SoFi® are all excellent choices for long-term investors who want reliability and simplicity.

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.