Compare King

Acorns

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Pros & Cons

Most popular micro-investing site

Takes spare change and small amounts and invests it in managed portfolios

Doesn't require a lot of work from the user

Little control over how money is invested

Requires a monthly fee, unclear what happens to money if fee isn't paid

Investment Services

Managed portfolios

Fees

Starts at $1 a month

Managed Portfolios?

Web App?

Mobile App?

Acorns Full Review

Robinhood

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Pros & Cons

Very easy to use

Offers fractional trading

No monthly fees, no account minimums

Has been scolded by the SEC for taking too much in brokerage fees

Many say the app gamifies investing too much

Investment Services

Stocks and ETFs, options, and crypto, plus margin trading through a monthly paid service

Fees

All transactions are commission-free, a paid service for $5 a month gives access to a few advanced features.

Managed Portfolios?

Web App?

Mobile App?

Robinhood Full Review

TD Ameritrade

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Pros & Cons

Offers a wide range of investment services

More features and analytics for serious investors

No transaction fees on many mutual funds

No fractional shares

Can be hard for beginning investors to navigate the software

Investment Services

Stocks and ETFs, mutual funds, options, futures, forex, crypto, margins, bonds, annuities, and IPOs

Fees

No commission fees on anything but futures, $2.25 a contract for futures trading

Managed Portfolios?

Web App?

Mobile App?

TD Ameritrade Full Review

E*Trade

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Pros & Cons

Two free, powerful trading platforms

Lots of educational resources for new investors

Lots of advanced strategies like multi-legged trades

Some feel that the service is hard to navigate

Can be hard to access account information

Investment Services

Stocks and ETFs, mutual funds, options, futures, margins, and bonds

Fees

No commission fees on stocks, ETFs, and most mutual funds, $0.65 per options contract, $1 for bonds, and $1.50 per futures contract

Managed Portfolios?

Web App?

Mobile App?

E*Trade Full Review

Fidelity Brokerage

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Pros & Cons

Easy to use mobile app

Lots of research and analytics

No transfer or closure fees

Charges more for broker-assisted trades than other services

No futures trading

Investment Services

Stocks and ETFs, mutual funds, options, bonds, margins, IPOs, and precious metal trading

Fees

No commission fees except on existing bond trading, $1 per bond

Managed Portfolios?

Web App?

Mobile App?

Fidelity Brokerage Full Review

Investment Apps