With the rise of mobile trading apps, commission-free trading has become a popular way for beginners to enter the stock market without any upfront costs. By removing trade commissions and minimum deposits, these platforms allow you to start online trading even with zero dollars invested. While every app has its own strengths, some consistently rank as the best for free stock trading. Here we will explore the top 5 online trading platforms that let you buy and sell stocks with zero commissions and no minimum deposit.
Webull – The fully-featured free trading platform
Webull stands out as one of the most fully-featured free trading platforms available. They offer commission-free stock and ETF trades, with no account minimum. Beyond stocks, Webull also allows trading of options and cryptocurrencies for free. The app includes advanced charting, research tools, and Level 2 market data. For beginning investors, Webull provides educational resources like video lessons and paper trading. Experienced traders can make use of comprehensive analysis features and custom screeners. Overall, Webull packs an impressive amount of tools into a free trading interface.
Robinhood – The pioneer of zero commission trading
As one of the first brokers to popularize commission-free trading, Robinhood helped kick off the free trading revolution. The app makes trading incredibly simple, with an intuitive mobile interface. Robinhood offers free stock, options, and crypto trading. While some platforms now offer more robust charting and screening tools, Robinhood remains a top choice for its straightforward design and brand recognition. The fractional share trading feature also makes Robinhood accessible for beginning investors with limited capital. With both basic necessity trading and some unique features like gifts of stock, Robinhood is a solid free platform.
Moomoo – Advanced free trading backed by Futu Holdings
Moomoo is a newer free trading app that has quickly gained popularity for its slick design and technical features. Like Webull and Robinhood, Moomoo offers commission-free trading on stocks, ETFs, options, and cryptocurrencies. The platform is backed by Chinese investment firm Futu Holdings, bringing a professional-grade trading system to individual investors. Moomoo provides Level 2 market data, advanced charting capabilities, and pre- and post-market trading. The built-in community forum fosters idea sharing between users. For international traders, Moomoo allows trading on markets in the U.S., Hong Kong, and Singapore.
Firstrade – $0 trades and an extensive investment menu
Firstrade positions itself as an ideal platform for new investors by combining free stock and ETF trades with a huge range of tradable securities. Beyond commission-free stocks and ETFs, Firstrade offers mutual funds, bonds, futures, forex, and options, all with $0 commission. They also provide global trading access to over 100 international markets. The customizable Firstrade workstation includes advanced charting to aid technical traders. While the website interface is packed with tools, the mobile app offers a more streamlined experience focused on basic stock trading. Overall, Firstrade couples free stock trading with diverse investment products and account types like IRA, making it suitable for beginners and experienced investors alike.
TD Ameritrade – A free trading leader with research resources
As a long-time leader in the online brokerage world, TD Ameritrade offers commission-free trading coupled with decades of investing experience. There is no minimum deposit or account balance to open a free trading account. TD Ameritrade provides $0 commission on stocks, ETFs, and options trades. Mobile and web trading platforms are available, both offering advanced technical analysis tools. Investors benefit from free access to Benzinga news and CNBC video streams. TD Ameritrade really shines in terms of investor education, with a deep library of videos, courses, and articles tailored to all experience levels. Overall, TD Ameritrade combines solid free trading with premier investor resources.
By removing commissions and minimum deposits, online trading platforms have enabled investors to buy and sell stocks for free. Webull, Robinhood, Moomoo, Firstrade and TD Ameritrade rank among the top choices for commission-free trading paired with investing resources, market research, and mobile convenience. Each platform caters to different needs, but they universally offer stock and ETF trading at $0, allowing beginners to participate in the market with zero dollars invested.