Muriel Siebert Overview
Muriel Siebert & Co., LLC is a New York-based broker-dealer and a wholly owned subsidiary of Siebert Financial Corporation. Although it offers a wide range of financial services, some of these come at a steep cost. Here are the details:
Muriel Siebert Commissions
| Investments | Commissions |
|---|
| Stocks and ETFs | $14.95 per trade |
| Options | $14.95 + $1 per contract |
| Mutual funds | $35 |
| Corporate Bonds | 100 bonds or more - $2.50 per bond; 50-99 bonds - $3 per bond; up to 49 bonds - $3.50 per bond; $35 minimum commission for listed corporate bonds |
| Foreign securities | $75 + commission |
| Investments | stocks, bonds, mutual funds, options, ETFs |
| Muriel Siebert minimum deposit to open account | $0 |
These rates apply to the standard Siebert Online account described in this review. Siebert.Pro has a separate pricing schedule that includes $0 commissions on U.S. exchange-listed stocks during regular market hours.
Insurance and Regulation
Muriel Siebert & Co., LLC is a member of FINRA, SIPC, and the New York Stock Exchange. It is owned by Siebert Financial Corporation, whose stock trades on the Nasdaq under the symbol SIEB. Muriel Siebert has been registered with the SEC since 1969, so it is not a new brokerage firm by any stretch of the imagination.
Available Account Types
Siebert currently offers the following account types:
- Individual
- Joint
- UGMA/UTMA
- Trusts
- Personal IRAs, including Roth and Traditional IRAs
- Small-business IRAs, including SEP and SIMPLE IRAs
- Individual 401(k)
- Stock-plan accounts
Siebert offers both self-directed and managed accounts, although the registrations available for each program can vary.
An old employer’s retirement plan can be rolled over into an IRA.
To open an account, Siebert has a user-friendly online application. An email address is
required during this process, and a mobile phone with a camera is helpful for uploading a copy of a government-issued photo ID.
Financial Products
Siebert offers the following asset classes for self-directed trading:
- Stocks, including some foreign equities
- Options
- Bonds, including FDIC-insured CDs
- ETFs
- Mutual funds
- Unit Investment Trusts (UITs)
- Structured products
Besides tradable assets, Siebert also offers insurance through Park Wilshire Companies, a wholly owned subsidiary of Siebert Financial Corporation. Available choices include:
- Personal property insurance
- Life and disability insurance
- Commercial insurance
- Annuities, which can be used for retirement planning
Siebert’s website has an online tool that provides free quotes for its insurance products.
Margin Trading
Self-directed brokerage accounts at Muriel Siebert can borrow money to buy eligible securities. Doing so
naturally comes with a cost. The brokerage firm charges interest on a tiered schedule, and rates vary depending on the investments in the account.
Account Management
And then there’s portfolio management. This can be a good option for investors who aren’t comfortable making their own financial decisions. Siebert offers several packages for investment-advisory customers. They are divided into two basic categories: traditional and automated.
Traditionally managed packages provide investment management and access to financial professionals. Siebert has financial advisors who can help with a variety of issues, from retirement and building an emergency fund to saving for college.
Siebert’s automated management service is called SiebertNXT. The program has a $5,000 minimum starting balance and
costs up to 1.25%, depending on the features selected. You can compare these rates with what the best-priced
financial advisors in your area charge.
SiebertNXT uses Modern Portfolio Theory to make investment decisions. The program primarily uses
ETNs and ETFs. Like other automated programs, exact investments are chosen based on answers to an online
questionnaire. SiebertNXT automatically rebalances accounts when needed.
It’s possible to add a human financial advisor to the service to create a hybrid system. This is
called SiebertNXT Premiere and requires a balance of at least $25,000.
Muriel Siebert Fees
Investors who choose a standard Siebert Online self-directed account may find themselves paying quite a bit for some of the firm’s services.
A standard Siebert Online stock or ETF trade costs $14.95, which is quite a bit in an era when many brokerage firms charge $0. There is no additional charge for using a live agent over the phone to place a trade. However, Siebert.Pro now offers $0 commissions on U.S. exchange-listed stocks during regular market hours.
Siebert’s standard commission is valid for any number of shares with no surcharges. However, foreign-stock orders have a surcharge of $75 on top of the regular commission.
Standard Siebert Online options trades are even more expensive. There is a base charge of $14.95, plus a $1 per-contract fee.
Mutual funds with transaction fees cost $35 to trade. The brokerage firm also offers some funds without transaction fees.
And then there are account fees. Accounts may have a $50 maintenance fee, although the fee may be waived based on account activity and household equity. Siebert customers should verify the policy for each account they have with the broker.
Retirement accounts have a $30 annual maintenance fee when the account balance is below $10,000. Any retirement account that is closed is assessed a $125 termination fee.
A paper statement from Muriel Siebert costs $2.
An investment account with Muriel Siebert can be opened with any deposit or with no initial deposit at all.
Customer Service
Muriel Siebert clients can reach a company representative over the phone during the week from 7:30 a.m. to 7:00 p.m. Eastern Time. There are no weekend hours.
The broker’s website has an email form that can be used by both clients and guests. There’s an email address, too: service@siebert.com.
Siebert’s website currently lists 14 U.S. office locations. Most of them are in Florida, the Northeast, Texas, and Southern California.
Miscellaneous Services
Initial Public Offerings: Siebert can provide eligible clients with access to equity IPOs and preferred-stock offerings. Receiving an alert does not guarantee eligibility or an allocation.
Extended-Hours Trading: Pre-market and after-hours trading are both available at Muriel Siebert. Including the regular session, trading is available from 8:00 a.m. to 8:00 p.m. Eastern Time.
Fractional Shares: Fractional-share investing is available through certain Siebert programs and account relationships, although it may not be available in every standard Siebert Online account.
Periodic Mutual Fund Investing: It’s possible to establish recurring purchases of mutual fund shares at Siebert.
DRIP Availability: Dividends from eligible equities can be reinvested as additional shares inside a Siebert account.
Fully Paid Stock Lending: Siebert offers a Fully Paid Lending Program for eligible accounts with at least $25,000. Enrollment does not guarantee that any securities will be borrowed.
Our Recommendations
Long-Term Investors and Retirement Savers: With Siebert’s retirement accounts, financial-planning
services, and automated program, it could be a decent option for long-term savers. However,
Charles Schwab may offer a broader selection of low-cost services.
Beginning Investors: A managed account with Siebert could be a good route to take.
Schwab Intelligent Portfolios charges no advisory fee or commissions, but it requires at least $5,000 and investors still pay the expenses of the underlying ETFs and indirect costs associated with the program’s cash allocation.
Small Accounts: With Siebert’s list of possible fees, we do not recommend a standard account
for all small investors. Webull may be a better choice for some customers.
Mutual Funds: Because Siebert charges a transaction fee on some mutual fund trades, we don’t
suggest it for frequent fund trading. Firstrade charges $0 for online mutual fund trades, although short-term redemption, broker-assisted, and certain small-redemption fees may apply. It also offers thousands of funds.
Active ETF and Stock Trading: The standard Siebert Online platform and pricing are not especially attractive for
frequent equity trading. However, Siebert.Pro now provides advanced desktop, web, and mobile trading tools, along with $0 commissions on U.S. exchange-listed stocks during regular market hours. Interactive Brokers is another option; IBKR Lite offers $0 commissions on qualifying U.S. exchange-listed stock and ETF trades and provides multiple trading platforms.
SiebertNet Brokerage Verdict
Muriel Siebert offers traditional financial management, insurance, retirement, and brokerage services. The standard Siebert Online account still has high commissions and several possible account fees. However, it is no longer accurate to say that Siebert lacks advanced trading technology because the company launched Siebert.Pro with desktop, web, and mobile platforms for active investors. Customers should compare the standard Siebert Online account, Siebert.Pro, and SiebertNXT carefully because their services, pricing, and minimums differ.
Updated on 6/18/2026.
Chad Morris has been analyzing investment firms for Brokerage-Review.com since 2015. Backed by FINRA Series 65, 66, and SIE credentials, his work reflects a deep knowledge of the retail brokerage industry and digital trading tools.
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