Brokers With No Minimum Deposit. $0 to Open a Stock Investment Account.

2021 list below contains stock brokers with no minimum deposit or initial balance requirements to open an investment account.

Ally Invest rating

Ally Invest
Ally Invest

Ally Invest is one of the industry's lowest-cost brokers, charging $0 per trade for stocks and ETFs. Options are $0.50 extra per contract. Mutual fund traders pay $9.95 per trade. Ally Invest offers a no minimum brokerage account: $0 is required to open and maintain an account at the firm.

In addition to very low trading fees, Ally Invest accounts also have no maintenance or hidden fees. Customers get free real-time quotes, and good customer service. The broker also offers no-fee IRAs and free DRIP (dividend reinvestment plan) service. Ally Invest has a variety of educational resources.

Broker Review

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Ally Invest Promotion

Up to $3,000 cash bonus + $0 commission trades.

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TD Ameritrade rating

TD Ameritrade

TD Ameritrade

TD Ameritrade is the largest brokerage firm with no minimum deposit and no minimum account requirements. Both IRA and non-IRA accounts could be opened with $0 down.

Trading stocks and ETFs at TD Ameritrade costs $0. Using a living, breathing broker is $25. Options are an extra $0.65 per contract. No-load mutual funds that carry a transaction fee are a rather pricey $49.99. The broker does, however, offer over 4,200 mutual funds that are no-load and carry $0 transaction fee.

TD Ameritrade charges nothing extra for large orders, listed penny stocks, or after-hours trading. There are no inactivity fees or account maintenance fees, including for IRA accounts. The broker also offers DRIP services free of charge. Research reports are available at no cost from 12 independent providers. Investors also get access to professional trading platform, thinkorswim, which comes with free streaming quotes, including Level II quotes. Investors can practice trading with Paper Money, a virtual practice account, or discuss ideas in myTRADE, an on-line trader community. There are 450 retail locations for investors who want personal guidance.

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Open TD Ameritrade Account

$0 commissions + transfer fee reimbursement.

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TastyWorks rating

Tastyworks logo


tastyworks is a very unique firm that has a different style. It's definitely not a traditional brokerage house. It probably would be best for investors who have used tastytrade in the past and enjoy it. Their $0 initial deposit policy, great trading technology, and low-cost commission schedule make it a must try for active traders.

Broker Review

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tastyworks Promotion

$0 commissions on stocks/ETFs + $75 for each friend referred.

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WeBull rating



Webull is a medium size brokerage firm that made waves by cutting commissions to the lowest level in the industry. They charge $0 for stock, options, ETF trades as well as for crypto-currencies transactions. There are no hidden fees at the company.

Webull created easy to use and well-designed mobile app. Their paper trading and trading platform are impressive, and the broker offers all ETFs commission-free. Of course, this is one of the online brokers with no minimum deposit or account balance requirements.

No Minimum Broker Review

Webull Investing Review »

Webull Promotion

$11-$2300 x 2 Free Stocks Give-away + $5 in Bitcoin.

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M1  rating

M1 Finance

M1 Finance

M1 Finance also offers online trading accounts with no minimum deposit or account balance requirements.

This broker charges $0 for stock and ETF trades. Options and mutual funds are not offered. However, clients can create their own mutual funds called Pies. Or they can use Pies created by others.

M1 Finance is known for its low commissions and margin rates. The broker offers its clients no-fee IRAs. The firm has no volume requirements, no maintenance fees, and no inactivity fees. DRIP services are available at no cost.

Broker Review

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M1 Finance Promotion

$30 bonus for funding account with $1,000. Transfer account to get up to $4,000 bonus.

Open M1 Finance Account