So, you want to get into investing but don’t want to spend a fortune on fees? That’s totally understandable. These days, you can actually trade stocks and other investments right from your phone, and a lot of the best apps don’t cost you a thing to use. We checked out a bunch of them to find the best trading app in world free for just about anyone looking to start building some wealth. It’s pretty cool that you can do all this with just your phone.
Key Takeaways
- Fidelity is a solid choice for beginners with its easy-to-use app, no-commission trades, and helpful learning materials.
- SoFi Active Investing offers a simple, clean interface perfect for those who prefer an automated, ‘set it and forget it’ approach.
- Robinhood is known for its straightforward app, making it simple to trade stocks, options, and crypto without commissions.
- E*TRADE provides two apps, one for ease of use and another for more active traders, both from a well-known name.
- Charles Schwab offers a good mix of tools and research for investors of all levels, with commission-free trading.
1. Robinhood
Robinhood really shook things up when it first came out, basically making stock trading accessible to anyone with a smartphone. It’s known for its super simple, clean app design, which is a big reason why so many people, especially those new to investing, find it easy to get started. You can trade stocks, ETFs, and even some cryptocurrencies without paying any commission fees. Plus, they offer fractional shares, meaning you don’t need a lot of money to buy a piece of a pricier stock.
One of the cool things they’ve added is an IRA account right within the app. They even offer a match on contributions, which is a nice little bonus.
Here’s a quick look at what Robinhood offers:
- Commission-Free Trading: No fees for stocks, ETFs, and options.
- Fractional Shares: Buy parts of stocks, making them more affordable.
- Cryptocurrency Trading: Trade select digital currencies.
- IRA Match: Get a match on your IRA contributions.
- Welcome Bonus: Often offers a free stock when you sign up and link a bank account.
While Robinhood is great for getting started quickly and easily, it’s worth noting that the free version doesn’t come with a lot of fancy research tools or advanced trading features. If you’re looking for in-depth analysis or complex trading strategies, you might need to consider a subscription to Robinhood Gold or look at other platforms.
For folks who just want to trade without a lot of fuss, Robinhood is definitely a solid choice. It’s all about making investing straightforward and available to more people.
2. Fidelity
Fidelity is a big name in the investing world, and for good reason. They’ve built a solid platform that works well whether you’re just starting out or you’ve been trading for a while. Honestly, a lot of people new to investing get pointed towards Fidelity, and it even snagged our Best Broker Overall Award for 2026. You get access to a ton of investment choices, from stocks and ETFs to mutual funds, and if you want to get more serious later, they have tools for that too.
Fidelity makes investing accessible with $0 commission trades for stocks and ETFs, and no account fees. They also offer crypto trading, which is a nice bonus. Plus, you can get expert insights and even automate your investments. One employee who uses Fidelity personally mentioned how great the customer service is and how the yields on their high-yielding cash options are really attractive for money waiting to be invested.
Here’s a quick look at what they offer:
- $0 commission for online U.S. stock and ETF trades.
- No account fees for most accounts.
- Wide range of investment options: Stocks, ETFs, mutual funds, bonds, CDs, options, and even cryptocurrency.
- Fractional shares available for as little as $1.
- 24/7 customer support.
- Extensive research and educational resources.
While Fidelity does a lot right, it’s worth noting that their fees for options contracts and margin trading are a bit higher than some other places. If you’re a very active trader in those specific areas, you might find a cheaper option elsewhere. But for most people who are investing for the long haul, the overall value Fidelity provides is pretty hard to beat.
3. SoFi Active Investing
SoFi Active Investing is a pretty solid choice if you’re looking for a straightforward way to get into the market. It’s part of a larger financial company, so you can do more than just trade stocks. Think of it as a one-stop shop for your money.
The app itself is really clean and easy to use, which is a big plus for anyone who’s new to investing or just wants things simple. You can set up automatic contributions, which is great for building wealth over time without having to think about it too much. Plus, they have this neat feature where you can invest your SoFi credit card rewards directly, which is kind of cool.
Here’s a quick look at what they offer:
- $0 commissions for stocks and options trades.
- No account minimum to get started.
- Fractional shares are available, so you can buy pieces of expensive stocks.
- Automated investing options to help you stay on track.
It’s definitely geared more towards people who want to buy and hold investments for the long haul, rather than day traders who need super advanced charting tools. If you like a smooth experience and want to manage your investments alongside your banking, SoFi is worth a look.
They also sometimes have offers for new customers, like getting a bit of stock when you fund your account. Just be sure to read the fine print on those deals, as they often have specific requirements and the chances of getting the biggest bonus might be pretty small.
4. E*TRADE From Morgan Stanley
ETRADE from Morgan Stanley is a solid choice, especially if you’re looking for a platform that offers a bit more than just basic stock trading. They actually have two apps: one for general investors and another, Power ETRADE, for those who like to get more involved with active trading. Both are free to use and come with good research tools and a decent selection of account types.
What’s nice is that E*TRADE lets you trade more than just stocks. You can also buy and sell mutual funds and bonds, which gives you more flexibility if you want to diversify your investments. It’s a good option if you’re not just focused on stocks.
However, it’s not the simplest platform out there, especially if you’re new to investing. The sheer number of tools and options might feel a bit much at first. Also, keep in mind that while stock and ETF trades are commission-free, options trades do have a per-contract fee, so that’s something to consider if options are your main focus.
Here’s a quick look at some key features:
- Two Mobile Apps: One for everyday investors, one for active traders.
- Investment Variety: Stocks, ETFs, mutual funds, bonds, options, and futures.
- Research Tools: Access to analyst reports and educational materials.
- Account Types: Offers IRAs, custodial accounts, and more.
While E*TRADE from Morgan Stanley provides a wide range of investment choices and tools, beginners might find the platform a bit complex initially. It’s best suited for those who want a feature-rich experience and are willing to spend a little time learning the ropes.
They also have a special offer right now: open and fund a brokerage account, and you could get up to $1,000. Just be sure to check out the full terms and conditions on their website for details.
5. Charles Schwab
Charles Schwab has managed to become a staple for all types of investors—not just the seasoned ones. With no minimum deposit requirements and $0 stock and ETF commissions, it’s a hard platform to overlook. Schwab is especially known for its variety of account types, including traditional brokerage and numerous retirement options, making it easy to keep everything in one place. The app’s interface isn’t the sleekest, but it gets the job done and gives users access to a good range of tools and research. Plus, Schwab recently merged with Ameritrade’s thinkorswim platform and now offers even more in-depth charting and trading features.
Key features at a glance:
- No account minimum for regular brokerage and many retirement accounts
- $0 fees for stocks, ETFs, and over 4,000 mutual funds
- Fractional share investing (Schwab Stock Slices) lets users buy portions of S&P 500 companies starting at just $5
- 24/7 customer service by phone or chat, plus an extensive network of physical branches
- Schwab Intelligent Portfolios (robo-advisor) is available if you’d rather automate your investments
| Fees | Amount |
|---|---|
| Stock & ETF Trades | $0 |
| Mutual Fund Trades | $0 (for 4,000+) |
| Options Contracts | $0.65 each |
| Account Minimum | $0 |
Many users stick with Schwab because of its vast educational resources and solid customer support. No matter your skill level, there always seems to be an easy way to get guidance or answers when something isn’t clear.
The app might not win style awards, but if substance matters more than bright graphics, Schwab is a reliable option for long-term investors and beginners who want to learn the ropes.
6. Webull
Webull is a pretty solid choice if you’re looking for a trading app that feels modern and has more tools than some of the super basic ones out there. It’s kind of a sweet spot between the really simple apps and the ones that feel like they’re for pros only. You can trade stocks and options without paying a commission, which is a big plus.
What’s cool about Webull is that it doesn’t cost anything to open an account, and there are no minimums to start trading. They’ve got a decent set of charting tools and data that active traders tend to appreciate. It’s definitely got a slick interface that a lot of people find appealing.
However, it’s not the best fit for everyone. If you’re interested in things like mutual funds or bonds, you won’t find them here. Also, the educational resources aren’t as deep as some of the older, more established brokerages. So, while it’s great for people who know their way around the market, beginners might find it a bit less helpful for learning the ropes.
Here’s a quick look at what Webull offers:
- Commission-Free Trading: No fees for stocks and options.
- User-Friendly Interface: Modern and clean design.
- Advanced Charting Tools: Good for technical analysis.
- Account Minimum: $0
Some users have mentioned that while the app is visually appealing, it can take a little getting used to when you first start. It doesn’t always have the guided walkthroughs that some other platforms offer, so be prepared to figure some things out on your own.
7. Public
Public is a newer player in the investing scene, but they’ve been making some interesting moves since launching in 2019. What really catches the eye are a couple of unique features they offer. First off, they have an options rebate program that actually pays you back when you trade options – pretty neat, right? On top of that, they offer a high-yield cash account that’s been paying a solid 4.10% APY, which is more than you’ll find in a lot of regular savings accounts these days.
It’s a platform that aims to make investing simpler, letting you trade stocks, bonds, ETFs, options, and even crypto. They often have zero commissions on trades, which keeps costs down for investors.
Here’s a quick look at what they offer:
- Zero commissions on many trades: This is a big plus for keeping more of your money invested.
- High-yield cash account: Earn a good return on your uninvested cash.
- Fractional shares: Buy pieces of expensive stocks, making them more accessible.
- AI-powered insights: Tools to help you make more informed decisions.
While Public is still building its history compared to some older companies, its focus on innovative features and keeping costs low makes it a platform worth checking out, especially if you’re interested in earning more on your cash or getting a rebate on options trades.
8. Interactive Brokers
Interactive Brokers (IBKR) is a big player in the trading world, and for good reason. They’re known for being a solid choice for more experienced traders, but they also have options that can work for folks just starting out, especially if you’re thinking about trading more than just stocks.
What really sets IBKR apart is the sheer variety of markets you can access. We’re talking stocks, options, futures, forex, bonds, and even cryptocurrencies, all from one account. This global reach makes it a go-to for serious investors who want to diversify their portfolios across different asset classes and countries.
Here’s a quick look at what they offer:
- Global Markets: Trade on over 150 markets in 33 countries. That’s a lot of opportunity.
- Advanced Platforms: They have powerful trading platforms like Trader Workstation (TWS) and their IBKR Mobile app, which are packed with tools for analysis and order execution.
- Account Types: You can open various accounts, including individual, joint, IRA, and institutional accounts.
- Pricing: IBKR has a tiered commission structure, which can be very competitive for active traders. They also offer a fixed pricing option. It’s worth looking at their fee schedule to see what fits your trading style best.
While IBKR has a reputation for being a bit more complex, they’ve been working to make things more accessible. They offer different account types and platforms that cater to a range of experience levels. It’s definitely a platform worth exploring if you’re looking for depth and breadth in your trading.
For those who need it, IBKR also provides robust research tools and educational materials. It’s not the simplest app out there, but if you’re looking for a powerful, feature-rich environment to manage a diverse investment portfolio, Interactive Brokers is a strong contender.
9. TD Ameritrade
TD Ameritrade, now part of Charles Schwab, used to be a big name on its own, especially known for its powerful thinkorswim platform. Even though it’s integrated with Schwab, many of the tools and features that made it popular are still accessible. This platform is great if you’re looking for advanced charting and analysis tools, which can be a bit much for beginners but are fantastic for experienced traders.
They offer a wide range of investment choices, including stocks, bonds, ETFs, and options. Plus, they have a good selection of educational materials to help you learn more about trading. TD Ameritrade’s integration with Schwab means you get access to a huge network and a solid reputation.
Here’s a quick look at what they generally offer:
- Investment Variety: Stocks, ETFs, options, futures, forex, bonds, mutual funds.
- Trading Platforms: thinkorswim (desktop, web, mobile) for active traders, and a simpler platform for everyday investors.
- Research & Education: Articles, videos, webinars, and live trading events.
While the platform might seem a bit complex at first glance, especially if you’re new to investing, the resources available can help you get up to speed. It’s a solid choice for those who want to grow their trading skills.
For those interested in self-directed investing, TD Ameritrade provides an app for stocks and ETFs, allowing you to invest at your own speed with no monthly fees or minimum account balances required. self-directed investment app
10. Zacks Trade
Zacks Trade is a solid choice if you’re looking for a platform that offers a good amount of research tools without being overly complicated. It’s not exactly the flashiest app out there, but it gets the job done for people who want to dig a little deeper into their investments.
They really focus on giving you the data you need to make informed decisions.
Here’s a quick look at what they offer:
- Investment Options: You can trade stocks, ETFs, options, mutual funds, and futures. So, pretty much the whole spectrum is covered.
- Research Tools: This is where Zacks Trade shines. They provide access to Zacks’ own research, plus tools like real-time stock quotes, advanced charting, and analyst ratings. It’s a lot to sift through, but it’s there if you want it.
- Platform: They have a desktop platform, a web-based one, and a mobile app. The mobile app is functional, though maybe not as slick as some of the newer apps.
While Zacks Trade provides a lot of research, it can feel a bit overwhelming for absolute beginners. It’s more suited for investors who are comfortable with a bit more data and want to do their own analysis.
Account minimums are $0, and they offer commission-free trading for stocks and ETFs. Options trades have a per-contract fee, which is pretty standard. It’s a good option if you value research and don’t mind a slightly less modern interface.
Ready to Start Trading?
So, there you have it. Getting started with investing doesn’t have to cost an arm and a leg anymore. With so many great apps out there offering free trades and easy-to-use platforms, it’s easier than ever to jump in. Whether you’re just starting out or you’ve been around the block a few times, there’s a free option that fits what you need. Take a look at what we’ve talked about, pick the app that feels right for you, and start making your money work. It’s your money, after all, and now you’ve got the tools to grow it without breaking the bank.
Frequently Asked Questions
What’s the easiest trading app for someone new to investing?
For folks just starting out, Fidelity is a top choice. Its app is simple to get around, lets you trade without paying extra fees, and has helpful tools to learn with. SoFi is also a great option if you like things automated and easy – it’s perfect for a ‘set it and forget it’ approach to investing.
Are trading apps that don’t charge fees safe to use?
Yes, if you use a trusted company. All the apps we mentioned are protected by SIPC insurance. This means your money is safe up to a certain amount if the company ever goes out of business. Just be sure to download the official app and turn on extra security like two-factor authentication.
Can I start investing with just $100?
Absolutely! Many popular trading apps let you buy small pieces of stocks, called fractional shares. This means you can invest in big companies like Apple or Tesla with as little as $1, so you don’t need a lot of money to begin.
Which app is best for investing over a long time?
If you plan to invest regularly and grow your money slowly but surely, look for apps that offer automatic investing, low costs, and good research tools. Fidelity, Schwab, and SoFi are all solid choices for long-term investors who want a dependable and simple platform.
What should I look for when picking a trading app?
When choosing an app, check for no fees on stock and ETF trades, an easy-to-use design, strong security like SIPC insurance, and helpful research tools. Make sure it fits how you want to invest, whether you’re a beginner or an experienced trader.
Do I need to pay extra for advanced features on trading apps?
Some apps offer basic features for free, which is great for starting out. However, to get more advanced tools, detailed research, or extra trading options, you might need to pay for a premium version or a subscription. It’s good to compare what’s free versus what costs extra.
