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 account requirements. You can open both IRA and non-IRA accounts with $0 down.

Trading stocks and ETFs at Charles Schwab is free. If you use a live broker, it costs $25. Options trading costs an extra $0.65 per contract. No-load mutual funds have a $49.99 fee to buy and are free to sell. Schwab offers over 4,000 mutual funds with no load and no transaction fees.

Charles Schwab does not charge extra for large orders, listed penny stocks, or after-hours trading. There are no inactivity fees or account maintenance fees, including for IRA accounts. DRIP services are also provided free of charge. Research reports from 12 independent providers are available at no cost.

Investors also have access to the professional trading platform, thinkorswim, which includes free streaming quotes, including Level II quotes. Clients can practice trading with Paper Money, a virtual account, or engage in discussions on myTRADE, an online trader community. There are 450 retail locations available for those seeking personal guidance.


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$0 commissions + satisfaction guarantee at Charles Schwab.

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Tastytrade rating

tastytrade logo

Tastytrade

Tastytrade is a very unique firm that suits active traders. It's not your traditional brokerage. It's ideal for those familiar with tastytrade's style. Their policy of no initial deposit, excellent trading technology, and low-cost commission schedule make it an attractive option 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

Webull

Webull is a prominent brokerage firm that has revolutionized commission fees to the lowest in the industry. They charge $0 for stock, options, and ETF trades as well as for cryptocurrency transactions. There are no hidden fees.

Webull has created an easy-to-use and well-designed mobile app. Their paper trading, mobile app, and trading platform are top-notch. Of course, this is one of the leading 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

Robinhood

Robinhood 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 cryptocurrencies 24/7.

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


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Robinhood Promotion


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

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Updated on 6/25/2024.