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

2024 list below contains stock brokers with no minimum deposit or initial balance requirements to open an investment account.

Charles Schwab rating

Charles Schwab
Charles Schwab

Charles Schwab 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 Charles Schwab 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 of $49.99 to buy and $0 to sell. The broker offers over 4,000 mutual funds that are no-load and carry $0 transaction fee.

Charles Schwab 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. Clients 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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$0 commissions + satisfaction guarantee at Charles Schwab.

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Tastytrade rating

tastytrade logo


Tastytrade 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.

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Tastytrade Promotion

Get $250 for each trader you refer with this referral link.

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Webull rating



Webull is a large 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, mobile app, and trading platform are impressive. Of course, this is one of the top brokers with no minimum deposit or account balance requirements.

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Webull Promotion

Up to 75 FREE fractional shares when you make a deposit at Webull.

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Robinhood Trading rating



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

This broker charges $0 for stock, option, and ETF trades. Mutual funds are not offered. However, clients can trade crypto-currencies 24/7.

Robinhood is known for its low commissions and margin rates. The broker offers its clients no-fee IRAs with free 1% match (no other firm has it). The firm has no volume requirements, no maintenance fees, and no inactivity fees. DRIP services are available at no cost.

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Robinhood Promotion

1% IRA match and up to $200 FREE stock at Robinhood.

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