Top Stock Brokers for 2023

SoFi Active Investing
Rating image, 4.5 out of 5 stars.
4.5 stars
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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Fees:

$0 for stocks, $0 for options contracts

Account Minimum:

$0

Highlights:

SoFi has built a robust and valuable ecosystem to help manage your money in one place. SoFi Active Investing enhances that ecosystem with $0 stock commissions, crypto trading, and low account minimums.

Open Account for SoFi Active Investing

On SoFi Active Investing's Secure Website.

Merrill Edge® Self-Directed
Rating image, 4.5 out of 5 stars.
4.5 stars
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
Fees:

$0 for online stock and ETF trades

Account Minimum:

$0

Highlights:

Merrill Edge® Self-Directed offers easily one of the biggest cash bonuses we’ve seen. It’s a standout brokerage with $0 online stock and ETF trades, strong research offerings, and excellent customer support. Owned by Bank of America, you can also get access to its fantastic Preferred Rewards program.

Open Account for Merrill Edge® Self-Directed

On Merrill Edge® Self-Directed's Secure Website.

Robinhood
Rating image, 4.5 out of 5 stars.
4.5 stars
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
Fees:

$0 for stocks, ETFs, and options

Account Minimum:

$0

Highlights:

With no fees, access to trade fractional shares and cryptocurrency, among many other investment types, Robinhood's high-quality app trading platform is best suited for beginner investors wanting a solid place to invest on the go.

Open Account for Robinhood

On Robinhood's Secure Website.