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Our in-depth, unbiased assessment of online brokerage firms examines crucial account aspects, pinpointing and evaluating the details that matter most to investors during account selection. For a complete understanding of our evaluation process, including the criteria we use, please see our broker rating methodology.
Our expert team has scrutinized over 60 investment platforms , giving you a clear view of what each one offers.
Our financial writers bring more than half a century of combined experience in finance and investment to deliver quality insights.
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The absence of commission fees for trading stocks, ETFs, and options has become a standard offering among leading online brokerage platforms. Consequently, individuals searching for the most effective commission-free brokerage account or trading platform must evaluate options according to other distinguishing features. These include the range of investment choices, platform functionality, and expenses related to options contracts.
We’ve already done the hard work! Below are NerdWallet’s top recommendations for brokers offering commission-free trading. Besides the absence of commissions on stock, ETF, and options transactions, each of the brokers listed enables trading in fractional shares and demonstrates strong execution quality.
Please note: a growing number of brokers are eliminating options contract fees in addition to commissions. The brokers identified below do not charge commission fees for options transactions.