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Brokers With No Minimum Deposit. $0 to Open a Stock Investment Account.
List below contains stock brokers with no minimum deposit or initial balance
requirements to open an investment account in 2025.
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Charles Schwab is the biggest brokerage with no required deposit or balance. You can open IRA or regular accounts with $0.
At Schwab, stock and ETF trades cost $0. Placing an order with a live broker costs $25. Options cost $0.65 per contract. No-load mutual funds cost $49.99 to buy and $0 to sell. The firm offers more than 4,000 no-load funds with no transaction fee.
Schwab adds no extra fees for big orders, listed penny stocks, or after-hours trades. It has no inactivity or maintenance fees, even for IRAs. DRIP is free. You also get free research from 12 independent firms.
Investors can use the pro-level thinkorswim platform with free real-time and Level II quotes. You can practice in Paper Money, a virtual account, or chat in the myTRADE community. Schwab also has 450 branches for in-person help.
Broker Review
Charles Schwab Review »
Open Charles Schwab Account
$0 commissions + satisfaction guarantee at Charles Schwab.
Visit Schwab Website
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Tastytrade has its own style and is not a typical brokerage. It suits investors who already like the tastytrade approach. With no required opening deposit, strong trading tools, and low commissions, it is worth a look for active traders.
Broker Review
Tastytrade Review »
Tastytrade Promotion
Get $250 for each trader you refer with this referral link.
Visit Tastytrade Website
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Webull is a major broker that shook up the market by dropping commissions to rock-bottom. Stock, option, ETF, and crypto trades all cost $0, and the firm has no hidden fees.
Webull offers a clean, easy-to-use mobile app and solid paper-trading tools. It’s also a top broker with no minimum deposit or balance rules.
No Minimum Broker Review
Webull Investing Review »
Webull Promotion
Up to $12,000 cash and 20 FREE shares when you make a deposit at Webull.
Visit Webull Website
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Robinhood also lets you trade with no required deposit or balance.
Stock, option, and ETF trades cost $0. The broker does not offer mutual funds, but you can trade crypto around the clock.
Robinhood is known for low commissions and margin rates. It offers no-fee IRAs with a free 1% match—unique in the industry. There are no volume minimums, maintenance fees, or inactivity fees. DRIP is free.
Broker Review
Robinhood Review »
Robinhood Promotion
3% deposit match and up to $200 FREE stock at Robinhood.
Visit Robinhood Website
Updated on 4/22/2025.
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Arthur Chachuna is a professional personal finance blogger, and the owner of Brokerage-Review.com.
He has been an avid investor for 25 years, and has a background in both applied math and programming.
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