Best Online Stock Brokers for Beginners


Robinhood is known for its simplicity and commission-free trading. It's a great choice for beginners who want to start investing without worrying about trading fees. However, it offers limited research and educational resources compared to some other brokers.


E*TRADE is a well-established brokerage with a user-friendly platform and a wide range of investment options. They offer a vast library of educational resources, including articles, videos, and webinars, making it suitable for beginners who want to learn more about investing.

TD Ameritrade

TD Ameritrade offers an easy-to-navigate platform and a wealth of educational materials. They have a paper trading feature that allows beginners to practice trading without risking real money. TD Ameritrade also provides access to the thinkorswim platform, which is more advanced but offers in-depth tools for analysis.


Fidelity is known for its excellent customer service and a broad selection of commission-free ETFs and mutual funds. They offer educational content and tools to help beginners make informed investment decisions.

Charles Schwab

Charles Schwab provides a user-friendly platform, a wide range of investment options, and a substantial library of educational resources. They offer commission-free trading on stocks and ETFs and have a robo-advisor service for hands-off investing.

M1 Finance

M1 Finance offers a unique investing platform that combines automated investing with customizable portfolios. It's an excellent choice for beginners who want a more hands-off approach to investing. They also offer commission-free trading.


Webull is a commission-free trading platform that caters to both beginners and more experienced traders. It offers a user-friendly app and desktop platform with access to research tools and educational resources.

SoFi Invest

SoFi Invest is known for its beginner-friendly app and website. They offer commission-free trading, as well as access to automated investing and financial planning tools.

Ally Invest

Ally Invest provides a simple and straightforward platform for beginners. They offer commission-free trading on stocks and ETFs, and their educational resources are suitable for those looking to learn more about investing.


While primarily a robo-advisor, Wealthfront is a good option for beginners who want to start investing with a hands-off approach. They provide automated portfolio management and financial planning services.

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