You’ve decided it’s time to take the plunge to get a brokerage account. But the task probably sounds a bit daunting, especially with stocks trading down from all-time highs. But it can actually be quite easy to get started — and many brokers are investor-friendly, especially for beginners.
While options abound, you probably want a brokerage that includes accessible educational resources, an easy-to-navigate app and website, zero commissions, low fees and attainable minimums — all attractive qualities if you’re getting started. Here are several options to consider.
The best online stock brokers for beginners:
- Fidelity Investments
- Charles Schwab
- TD Ameritrade
- E-Trade Financial
- Ally Invest
- Merrill Edge
- Interactive Brokers
Topics covered on this page:
- Overview: Top online brokers for beginners
- Other options: Top robo-advisors
- How to choose the right broker for you
- Do you need a lot of money to use a broker?
- What other resources do you need?
Overview: Top online brokers for beginners in December 2022
Fidelity Investments: Best overall for beginners
Fidelity may be the most investor-friendly broker out there, making it a top choice for beginners. This broker offers it all and does it at a high level, with remarkable customer service, too, especially by phone, where you can get an answer to your detailed question in seconds.
