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Brokerage Firms We Track

The lines between checking, savings, credit, and investing are blurring as large traditional banks, small fintech startups and everything in between offer integrated features and "super apps" for all of your personal finance needs. It's time for us to track brokerage firms and low-cost investments with the same detail as other financial products. The brokerage firms listed below offer lots of features for beginner and advanced investors alike.

All the accounts listed here are insured by the Securities Investor Protection Corporation (SIPC) against the loss of cash and securities held by a customer. SIPC protects your funds in the case that the broker fails, but it does not protect against investment losses from the market.

Brokerage Firm Monthly Fee Stock/ETF Commission Fractional Shares Automated Investing Fee Automated Investing Minimum Retail IPO Access Margin Interest Rate Current Bonus Transfer or Closeout Fee
SoFi

More than 4,000 stocks and ETFs

0.00%

$1

Yes

10.00%

$100

$75

Fidelity

More than 7,000 stocks and ETFs

0.00%

$10

Yes

13.58%

$30

$0

eToro

Yes

0.00%

$500

$75

Vanguard

No

0.00%

$3,000

No

13.75%

$0

Schwab

S&P 500 stocks

0.00%

$5,000

Yes

13.58%

$300

$50

WeBull

Yes

0.20%

$100

Yes

9.74%

$75

Wealthfront

Yes

0.25%

$500

No

8.90%

$50

$0

Citi

No

0.25%

$5,000

No

12.75%

$100

$95

Ally

No

0.30%

$100

No

13.00%

$100

$50

TD

0.30%

$1,000

$50

$90

J.P. Morgan

No

0.35%

$500

13.25%

$50

$75

WellsTrade

500 stocks

0.35%

$500

14.25%

$50

Merrill Edge

No

0.45%

$1,000

$100

$95

moomoo

Yes

Yes for a fee

6.80%

$300

$75

Interactive Brokers

More than 11,000 stocks, ETFs and ADRs

7.83%

$0

TastyTrade

Yes

11.00%

$50

$75

Robinhood

1,000s of ETFs and stocks trading over $1 per share and with a market capitalization greater than $25 million

Yes

12.00%

$160

$100

TradeStation

No

Yes

13.50%

$125

Firstrade

More than 4,000 US Stocks and ETFs

13.75%

$75

E*TRADE

No

Yes

14.20%

$100

$75

Plynk

Yes

$10

Public

Yes

$75

T. Rowe Price

$50

Tradier

$0.35

No

9.50%

$75

U.S. Bank

$4.95

0.24%

$1,000

$95

M1

$3.00

Yes

$25

8.75%

$75

$100

Acorns

$3.00

Yes

No

$35

Stash

$3.00

More than 3,800 stocks and ETFs

$75

Betterment

$4.00

Yes

0.25%

$10

$75



Low-Cost ETFs and Mutual Funds

Index funds are popular and important components for a diversified investment strategy. With so many exchange-traded funds (ETF) and mutual funds tracking the same index, fees may be the deciding factor for choosing an investment. Expense ratio is the annual percent of your total investment that you pay to the fund manager. Most of the investment funds listed here will be widely available from all brokerage firms. Some brokerage firms may charge additional transaction fees for products managed by their competitors.

Ticker Investment Name Managed By Expense Ratio Minimum Type
FNILX Fidelity ZERO Large Cap Index Fund Fidelity

0.00%

IndexLargeCap
FZROX Fidelity ZERO Total Market Index Fund Fidelity

0.00%

IndexLargeCap
SFY SoFi Select 500 ETF SoFi

0.00%

IndexLargeCap
SFYX SoFi Next 500 ETF SoFi

0.00%

IndexMidCap
BKAG BNY Mellon Core Bond ETF BNY Mellon

0.00%

IndexBond
BKLC BNY Mellon US Large Cap Core Equity ETF BNY Mellon

0.00%

IndexLargeCap
FSKAX Fidelity Total Market Index Fund Fidelity

0.02%

IndexLargeCap
FXAIX Fidelity 500 Index Fund Fidelity

0.02%

IndexLargeCap
SWPPX Schwab S&P 500 Index Fund Schwab

0.02%

$1

IndexLargeCap
BBUS JPMorgan BetaBuilders U.S. Equity ETF J.P. Morgan

0.02%

IndexLargeCap
SPLG SPDR Portfolio S&P 500 ETF State Street

0.02%

IndexLargeCap
SWTSX Schwab Total Stock Market Index Fund Schwab

0.03%

$1

IndexLargeCap
VOO Vanguard S&P 500 ETF Vanguard

0.03%

$1

IndexLargeCap
VTI Vanguard Total Stock Market ETF Vanguard

0.03%

$1

IndexLargeCap
ITOT iShares Core S&P Total U.S. Stock Market ETF BlackRock

0.03%

IndexLargeCap
IVV iShares Core S&P 500 ETF BlackRock

0.03%

IndexLargeCap
SCHB Schwab US Broad Market ETF Schwab

0.03%

IndexLargeCap
SCHX Schwab US Large-Cap ETF Schwab

0.03%

IndexLargeCap
VFIAX Vanguard 500 Index Fund Admiral Shares Vanguard

0.04%

$3,000

IndexLargeCap
VTSAX Vanugard Total Stock Market Index Fund Admiral Shares Vanguard

0.04%

$3,000

IndexLargeCap



BankMindful.com is an independent publisher and comparison service. The content on Bank Mindful is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. We do our best to keep information updated, however, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. BankMindful may not include all companies or all available products.