Discount Broker

15 Free Stocks
Welcome Deposit Bonus
Open a new account and deposit $1,000 to receive 15 free stocks valued up to $2,000 each, plus an 8.1% APY booster on your cash.

4.0/5
T&Cs Apply

Moomoo Financial Inc. is a registered broker-dealer and member of FINRA and SIPC. SIPC protection covers investment accounts up to $500,000 including $250,000 for cash claims. Commission-free trading applies to online US-listed stock, ETF, and equity options trades. No per-contract fee applies to equity options. Index options carry a $0.50 per-contract fee. The 8.1% APY cash yield is a promotional rate for new users consisting of a 3.35% base rate plus a 4.75% booster coupon applicable for the first 90 days on qualifying deposits — after which the base rate applies. Rate is subject to change; see moomoo.com for current terms. Margin rate of 6.8% applies to margin accounts and is subject to change. Outgoing ACAT transfer fee is $75. No annual fee and no inactivity fee. Moomoo does not offer cryptocurrency trading or futures trading. Free Level 2 Nasdaq TotalView data is available to funded accounts. Extended hours trading available 4:00 AM–8:00 PM ET plus overnight sessions. Paper trading available through the moomoo app.

Up to 15 Free Fractional Stocks
New Account Offer
Open and fund a new Webull account to receive up to 15 free fractional stocks. New accounts only. Terms and conditions apply. See full details at webull.com.

4.0/5
T&Cs Apply

Webull Financial LLC is a registered broker-dealer and member of FINRA and SIPC. SIPC protection covers investment accounts up to $500,000 including $250,000 for cash claims. Commission-free trading applies to online US-listed stock, ETF, and equity options trades. No per-contract fee applies to equity options. Index options carry a $0.50 per-contract fee. Orders above 500 contracts add $0.10 per contract. Cash yield of 3.6% APY applies to the Webull Cash Management account — rate is variable and subject to change. Webull Premium costs $3.99/month or $40/year and includes Level 2 market data, reduced margin rates, volume discounts, and a 3.5% IRA match on qualifying contributions subject to vesting schedule. Margin rates vary by balance — 8.74% for balances under $25,000, stepping down at higher balances. Premium subscribers may qualify for rates as low as 3.90%. Outgoing ACAT transfer fee is $75. No annual fee and no inactivity fee. ACH withdrawals are free — wire transfer fees apply. Crypto trading available on 70+ coins at 1% spread — no staking or off-platform transfers. Webull Financial LLC is a subsidiary of Fumi Technology and operates as a fully independent US-regulated entity. See webull.com for current rates, fees, and Premium terms.

$100
No Deposit Bonus
The promo is available to its new registered Clients under the terms of the promotion.

4.0/5
T&Cs Apply

New accounts only. Fund your account with at least $2,000 to access margin features; however, there is no minimum deposit for standard cash accounts. Commissions are $1.00 to open per contract and $0.00 to close, with a **$10 cap per leg** on equity options. Options trading involves significant risk and requires specific account approval. Full fee schedule and risk disclosures at tastytrade.com/legal.

 

Up to $10,000 Transfer Bonus + Fee Coverage Transfer your portfolio to Public and earn up to $10,000 in cash with transfer fees covered. Plus earn a 1% uncapped match on IRA rollovers and transfers. New and existing accounts. Terms and conditions apply.

4.0/5
T&Cs Apply

Brokerage services offered through Public Investing, Inc., a registered broker-dealer and member FINRA/SIPC. SIPC protects cash and securities up to $500,000 including $250,000 for cash claims. The High-Yield Cash Account provides up to $5 million in FDIC protection through partner banks and is not a brokerage account. Options trading involves significant risk and is not appropriate for all investors. Options trades carry no commission or per-contract fee for equity options; regulatory fees apply. The options rebate program pays $0.06–$0.18 per stock and ETF options contract traded depending on monthly volume; enrollment required and terms apply. The 1% IRA match applies to contributions and rollovers; terms and conditions apply. Direct indexing requires a $1,000 minimum investment and carries a 0.19% annual management fee. Generated Assets carry a 0.49% annual management fee. Crypto trading involves a 1.25% transaction fee via Zerohash and is not SIPC-protected. Premium membership costs $10/month. An inactivity fee applies after six months of account inactivity. Investment products are not FDIC insured, not bank guaranteed, and may lose value.

Up to $4,000
New Account Cash Bonus
Open a new Firstrade account and deposit qualifying funds to earn a cash bonus up to $4,000. New accounts only. Terms and conditions apply. See full details at firstrade.com.

4.0/5
T&Cs Apply
Firstrade Securities Inc. is a registered broker-dealer and member of FINRA and SIPC. SIPC protection covers investment accounts up to $500,000 including $250,000 for cash claims. Additional insurance coverage is provided through Apex Clearing Corporation up to $37.5 million per client for securities and $900,000 for cash. Commission-free trading applies to online US-listed stock, ETF, mutual fund, and equity options trades. No per-contract fee, exercise fee, or assignment fee applies to options trades. Regulatory pass-through fees apply to all trades as required by the SEC and Options Clearing Corporation. Margin trading requires a minimum $2,000 account balance; spreads and defined-risk strategies require $2,000 minimum equity; uncovered puts require $10,000 minimum equity. Margin rates start at 8.75% and vary by balance. Outgoing ACAT transfer fee is $75. Wire withdrawal fee is $25; ACH withdrawals are free. No annual fee, no inactivity fee. Firstrade does not offer paper trading, futures trading, or forex trading. Cryptocurrency trading available on select coins — see firstrade.com for current availability.

$5 to $200
New Member Reward
Open and fund your account with just $10 to receive a guaranteed reward stock valued up to $200 to kickstart your portfolio.

3.5/5
T&Cs Apply

New accounts only. Deposit at least $100 within 24 hours of approval to qualify for the 30% match and 15% credit. Bonuses are subject to a 90-day holding period; early withdrawal results in forfeiture. Options trading involves risk and requires Level 2 or 3 approval. Full terms at Robinhood.com/legal.

$150 Sign-Up Bonus New Account Offer Open a new SoFi Active Invest account and make a first deposit of $1,250 or more to receive $150. New accounts only. Offer ends June 10, 2026. Separate terms and conditions apply.

3.5/5
T&Cs Apply

Investment products offered through SoFi Securities LLC, member FINRA and SIPC. Active Investing and brokerage services are provided by SoFi Securities LLC. Automated Investing and advisory services are provided by SoFi Wealth LLC, an SEC-registered investment adviser. $0 commission applies to online US stock, ETF, and options trades. Options trades carry a regulatory fee of $0.0187 per contract. Only long calls and long puts are currently supported — multi-leg options strategies are not available. Options trading is available in taxable accounts only and not in IRA accounts. Crypto trading involves a 1% spread per trade and is offered through SoFi Bank, N.A. The 1% IRA match requires active SoFi Plus membership at time of deposit; terms and conditions apply. A $25 annual inactivity fee applies to accounts with no login activity for six or more months. A $100 IRA closure fee applies. Uninvested brokerage cash earns interest subject to change. Margin trading is subject to 10.5% annual interest and involves significant risk including the possibility of loss exceeding your initial investment. Investments are NOT FDIC insured, NOT bank guaranteed, and MAY LOSE VALUE.

Up to $3,000
New Account Cash Bonus
Open a new Ally Invest Self-Directed account and fund it to earn a cash bonus up to $3,000. New accounts only. Terms and conditions apply. See full details at ally.com/invest.

3.5/5
T&Cs Apply
Ally Invest Securities LLC is a registered broker-dealer and member of FINRA and SIPC. SIPC protection covers investment accounts up to $500,000 including $250,000 for cash claims. Ally Bank deposits are FDIC-insured up to $250,000 per depositor. Commission-free trading applies to online US-listed stock and ETF trades. Equity options carry a $0.50 per-contract fee; index options carry a $0.35 per-contract fee. Exercise and assignment fees are $0. Uninvested cash in Ally Invest brokerage accounts earns 0% by default — higher rates are available through linked Ally Bank savings accounts via manual transfer. Margin accounts require a minimum $2,000 deposit; margin rates start at 12% for balances under $25,000. Outgoing ACAT transfer fee is $50; IRA closure fee is $25. No annual fee and no inactivity fee. Ally Invest does not offer cryptocurrency trading, futures trading, fractional shares, or paper trading. Managed Portfolio accounts require a $100 minimum and carry a 0.30% annual advisory fee. Forex trading is available through a separate Ally Forex account provided by GAIN Capital (Forex.com). See ally.com/invest for current rates, fees, and terms.

A discount broker offers self-directed trading at low or zero commission costs, without the advisory services or premium fees of full-service brokers. Discount brokers are best suited to independent investors who make their own trading decisions and want to keep costs as low as possible. Most major online brokers today operate as discount brokers.