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To find the best online brokers for beginners in the United States in 2021, we went ahead and did the research for you. We conducted interviews with newbies who had no trading experience. We tested 84 brokers of which 5 made it to the top. And now, without further ado...

The best online brokers for beginners in the United States in 2021 are:

  1. Revolut - the best broker for beginners in the United States in 2021. Free stock trading. Fast and easy account opening. Great mobile trading platform.
  2. Robinhood is the runner-up. Free US stock and ETF trading. Great mobile and web trading platforms. Fast and fully digital account opening.
  3. Merrill Edge placed third. Low trading fees. Easy and seamless account opening. Strong parent company.
  4. SoFi Invest is number four. Free stocks and ETFs. Fast and fully digital account opening. Great customer support.
  5. Webull. Just made it to the list in fifth place. Free stocks, ETFs and options. Fast and easy account opening. Great trading platforms.
Best brokers for beginners in the United States in 2021
Broker Info Best in
#1 Revolut UK discount broker
#2 Robinhood US zero-fee discount broker Best free stock trading platform
#3 Merrill Edge US discount broker
#4 SoFi Invest US discount broker
#5 Webull US discount broker

What makes a great broker for beginners? Two things above all: an excellent mobile trading platform and low fees (learn more about brokerage fees here). The service should fit your needs and make everything easy. It should offer great educational tools, like a demo account, and provide webinars or courses. It must be easy to open an account and deposit funds.

All that is easy to list, but hard to figure out. That's why we are testing brokers along more than 300 criteria, using real accounts and real money. So we know what's up.

Not sure which broker is best for you? For a tailored recommendation, check out our broker finder tool. You can enter your country and it will narrow down the list of brokers to those that are available where you live. Want more details? Compare brokers with our in-depth comparison tool.

And now, let's see the best online brokers for beginners in the United States in 2021 one by one. Starting with the winner, Revolut.

Revolut Logo

#1 Best broker for beginners
Revolut

4.2

Revolut is a fast-growing fintech startup founded in 2015 and mainly known for its banking and payment services. In 2019, the company also launched its commission-free stock trading, which is provided by Revolut Trading Ltd. 

Revolut is regulated by multiple top-tier regulators, including the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Clients' assets are protected up to $500,000 ($250,000 cash) under the Securities Investment Protection Corporation's (SIPC) insurance. Revolut is also regulated by the UK Financial Conduct Authority (FCA). 

Recommended for beginners looking for free trading and a great mobile-only trading platform

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#1 Revolut
Mobile trading platform
4.9

Revolut offers a great and user-friendly mobile trading platform, with Touch/Face ID login and good search functions. On the other hand, there is no two-step login.
Pros Cons
User-friendly No two-step (safer) login
Good search function Limited order types
Touch/Face ID login
Best brokers for beginners - Revolut trading platform
Revolut trading platforms
Revolut Robinhood Merrill Edge SoFi Invest Webull
Mobile platform score 4.9 stars 5.0 stars 4.8 stars 4.5 stars 5.0 stars
Web platform score - 4.5 stars 4.3 stars 3.2 stars 4.5 stars

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#1 Revolut
Fees
4.8

Revolut provides a certain amount of free stock trades, depending on your plan. On the other hand, there is also a custody fee.
Pros Cons
Low trading fees None
Low non-trading fees
Free stock trading
Revolut fees
Revolut Robinhood Merrill Edge SoFi Invest Webull
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - - -

All commissions are for opening a position, holding for a week, and closing.

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#1 Revolut
Education
1.0

There are no education materials or a demo account available at Revolut.
Pros Cons
None No demo account
No trading platform tutorial videos
No educational videos

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#1 Revolut
Customer service
1.8

Revolut has a great chatbot and a useful FAQ, but phone support offers only pre-recorded answers, while live chat is slow and its responses aren't always satisfactory.
Pros Cons
Phone support No 24/7 support
Live chat Irrelevant answers
Only pre-recorded answers on the phone
Revolut customer service channels
Revolut Robinhood Merrill Edge SoFi Invest Webull
Live chat Yes No Yes Yes No
Phone Yes No Yes Yes Yes
Email No Yes No No Yes

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#1 Revolut
Account opening
5.0

Revolut has an easy, fast, and fully digital account opening, requiring no minimum account balance.
Pros Cons
Fast None
Fully digital
No minimum deposit
Revolut minimum deposit and time to open an account
Revolut Robinhood Merrill Edge SoFi Invest Webull
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1 day 1 day 1 day 1-3 days 1 day

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#1 Revolut
Deposit and withdrawal
3.5

Revolut offers several deposit options, and both deposits and withdrawals are free even when using wire transfers. On the negative side, you can only use a USD-based account for trading and we experienced issues when canceled orders.
Pros Cons
Credit/Debit card available Only one account base currency
Free withdrawal Funds can be blocked after cancel order
No deposit fee
Revolut withdrawal fee and options
Revolut Robinhood Merrill Edge SoFi Invest Webull
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $0 $0

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#1 Revolut
Verdict

Revolut's fees are great. With all three types of accounts, you can trade US stocks for free (though monthly limits may apply). Account opening is easy, fully digital, and fast. You can use an awesome and user-friendly mobile trading platform.

Revolut has some drawbacks though. The product portfolio covers only US stocks and some crypto currencies. There are only a few research tools, while it offers no educational material at all. Customer service could also be improved. 

If you want to trade US stocks for free and are looking for an easy-to-use mobile platform, Revolut is a great choice.

Revolut
Summary Revolut is a UK-based fintech startup that offers commission-free stock trading. Revolut Trading Ltd is regulated by the FCA.
Fees score 4.8 stars
Recommended for Beginners looking for free trading and a great mobile-only trading platform

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Robinhood Logo

#2 Best broker for beginners
Robinhood

4.5

Robinhood is a US-based, zero-fee discount broker established in 2013. The company is regulated by top-tier financial authorities, such as the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Besides the brokerage service, Robinhood also introduced Cash Management to help clients earn interest on uninvested funds. Click here for more details on this great and unique service.

BrokerChooser is committed to bringing high transparency and clarity to its customers, including brokers and partners. BrokerChooser's Advertiser Disclosure.

Recommended for beginners and buy-and-hold investors focusing on the us stock market

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#2 Robinhood
Mobile trading platform
5.0

The Robinhood mobile platform is one of the best we've tested. It is safe, well designed and user-friendly.
Pros Cons
User-friendly None
Two-step (safer) login
Good search function
Best brokers for beginners - Robinhood trading platform
Robinhood trading platforms
Revolut Robinhood Merrill Edge SoFi Invest Webull
Mobile platform score 4.9 stars 5.0 stars 4.8 stars 4.5 stars 5.0 stars
Web platform score - 4.5 stars 4.3 stars 3.2 stars 4.5 stars

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#2 Robinhood
Fees
4.9

Trading US stocks and ETFs is free at Robinhood. The broker doesn't charge an inactivity or withdrawal fee.
Pros Cons
Commission-free US stock and ETF trading None
No fee for deposit or withdrawal
Transparent fee structure
Robinhood fees
Revolut Robinhood Merrill Edge SoFi Invest Webull
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - - -

All commissions are for opening a position, holding for a week, and closing.

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#2 Robinhood
Education
1.5

Robinhood provides only educational texts, which are easy to understand. On the negative side, there are no other useful educational tools such as a demo account or tutorial videos.
Pros Cons
Quality educational texts No demo account
No trading platform tutorial videos
No educational videos
Best brokers for beginners - Robinhood education

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#2 Robinhood
Customer service
1.5

Robinhood's support team provides relevant information, but there is no phone or chat support.
Pros Cons
Fast response time No phone support
Relevant answers No live chat
No 24/7 support
Robinhood customer service channels
Revolut Robinhood Merrill Edge SoFi Invest Webull
Live chat Yes No Yes Yes No
Phone Yes No Yes Yes Yes
Email No Yes No No Yes

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#2 Robinhood
Account opening
5.0

The account opening at Robinhood is seamless, fully digital and can be completed within a day. On the negative side, the broker only accepts US clients and IRA accounts are not available.
Pros Cons
Fast Available only for US clients
Fully digital No IRA accounts offered
No minimum deposit
Robinhood minimum deposit and time to open an account
Revolut Robinhood Merrill Edge SoFi Invest Webull
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1 day 1 day 1 day 1-3 days 1 day

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#2 Robinhood
Deposit and withdrawal
2.3

Deposit and withdrawal at Robinhood are free and easy and a great cash management service is available. On the other hand, you can use only bank transfer and deposits above your 'instant' limit may take several business days.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Depositing larger amounts on Robinhood Gold takes longer
Cash management service Wire withdrawal is pricey
Robinhood withdrawal fee and options
Revolut Robinhood Merrill Edge SoFi Invest Webull
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $0 $0

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#2 Robinhood
Verdict

The biggest argument in favor of Robinhood is its appealing fee structure. US stock trading is commission-free and there is no withdrawal or inactivity fee. Robinhood clients can trade on awesome and user-friendly mobile and web trading platforms. The account opening is easy, fast and fully digital.

Robinhood has some drawbacks though. Most of the products you can trade are limited to the US market. Customer support is weak; you can only reach them via e-mail and it can take some time to get an answer. The broker provides educational articles but little else to guide you in the world of trading.

If you want to trade US stocks for free and are looking for an easy-to-use platform, Robinhood is your best choice.

Robinhood
Summary Robinhood is a US-based zero-commission broker. It is overseen by FINRA, a top-tier regulator.
Fees score 4.9 stars
Recommended for Beginners and buy-and-hold investors focusing on the US stock market

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Merrill Edge Logo

#3 Best broker for beginners
Merrill Edge

4.8

Merrill Edge is a US-based stockbroker founded in 2010 by Bank of America (BofA). BofA acquired Merrill Lynch during the 2008 financial crisis, and the rationale for launching Merrill Edge was to combine its online investing arm and Merrill Lynch's investment expertise. Merrill Edge offers US stocks, ETFs, options, and bonds. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Merrill Edge is considered safe because its parent company is a bank with a long track record and solid reputation, it discloses its financials, and is regulated by top-tier regulators. 

Recommended for investors and traders who looking for low fees, quick account opening, and simple platforms

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#3 Merrill Edge
Mobile trading platform
4.8

The Merrill Edge mobile app, available for iPhone and Android devices, is easy to use and provides a safe and easy login. On the other hand, the search functions could be improved.
Pros Cons
User-friendly Poor search function
Two-step (safer) login
Touch/Face ID login
Best brokers for beginners - Merrill Edge trading platform
Merrill Edge trading platforms
Revolut Robinhood Merrill Edge SoFi Invest Webull
Mobile platform score 4.9 stars 5.0 stars 4.8 stars 4.5 stars 5.0 stars
Web platform score - 4.5 stars 4.3 stars 3.2 stars 4.5 stars

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#3 Merrill Edge
Fees
4.4

Merrill Edge has low trading and non-trading fees, including commission-free stock and ETF trades. On the other hand, financing/margin rates are quite high.
Pros Cons
Low trading fees High financing rate
Low non-trading fees
Low stock and ETF fees / Free stock trading
Merrill Edge fees
Revolut Robinhood Merrill Edge SoFi Invest Webull
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - - -

All commissions are for opening a position, holding for a week, and closing.

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#3 Merrill Edge
Education
3.5

Merrill Edge offers many investment introductory materials for beginners as well as access to Merrill Lynch and Bank of America materials. Unfortunately, there is no demo account.
Pros Cons
Trading platform tutorial No demo account
Educational videos
Best brokers for beginners - Merrill Edge education

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#3 Merrill Edge
Customer service
4.5

You can contact Merrill Edge through phone support, the chat box, mail, or by visiting a Bank of America branch. There is also an online mailbox for document upload, but no email address for general inquiries.
Pros Cons
Phone support No email support
Live chat
Merrill Edge customer service channels
Revolut Robinhood Merrill Edge SoFi Invest Webull
Live chat Yes No Yes Yes No
Phone Yes No Yes Yes Yes
Email No Yes No No Yes

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#3 Merrill Edge
Account opening
5.0

Account opening at Merrill Edge is seamless and fully digital, it took us less than one day to have an open account. Only US clients are accepted.
Pros Cons
Fast Only US clients are accepted
Fully digital
No minimum deposit
Merrill Edge minimum deposit and time to open an account
Revolut Robinhood Merrill Edge SoFi Invest Webull
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1 day 1 day 1 day 1-3 days 1 day

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#3 Merrill Edge
Deposit and withdrawal
2.2

Merrill Edge has an easy-to-use deposit and withdrawal system with a bank account connection. Unfortunately, credit/debit cards cannot be used to fund the account, and there is only USD as a base currency.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Only one account base currency
User-friendly Slow withdrawal - over 3 days
Merrill Edge withdrawal fee and options
Revolut Robinhood Merrill Edge SoFi Invest Webull
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $0 $0

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#3 Merrill Edge
Verdict

Overall, Merrill Edge is a solid, easy to use trading platform created by Bank of America, one of the US's largest banks.

We rated Merrill Edge highly due to its low fees, easy process of account-opening, and safety. 

Some of the drawbacks include limited product offerings, research capabilities, and deposit/withdrawal options.

As trading and non-trading fees are generally low, the research tools are great and the account opening is seamless, feel free to try it.

 

Merrill Edge
Summary Merrill Edge is a US based broker owned by Bank of America (BofA). It is regulated by the top-tier SEC and Finra and BofA is listed on the NYSE.
Fees score 4.4 stars
Recommended for Investors and traders who looking for low fees, quick account opening, and simple platforms

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SoFi Invest Logo

#4 Best broker for beginners
SoFi Invest

4.4

SoFi, short for "Social Finance", is a US-based fintech startup founded in 2011. It first specialized in student loan refinancing, but has expanded into the broker space since 2018. SoFi is regulated by the US Securities and Exchange Commission (SEC) and FINRA. SoFi Invest is SoFi's brand for zero-fee or discount brokerage services.

SoFi Invest offers active and automated investing services. The former means a self-directed account where you can trade stocks, ETFs, and cryptocurrencies on your own. By contrast, SoFi Invest automated investing is a robo-advisory service where SoFi Invest handles your investments. In this review, we tested SoFi Invest active investing. Click here for the SoFi robo-advisory review.

SoFi Invest is considered safe because it is regulated by top-tier financial authorities and provides up to $500,000 investor protection (including a $250,000 limit for cash) as part of the SIPC protection scheme.

Recommended for beginners and investors looking for zero-commission trading, focusing on the us market

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#4 SoFi Invest
Mobile trading platform
4.5

The SoFi Invest mobile platform is great; it is well-designed and user-friendly. However, only a few order types are available, and there are no unique price alerts.
Pros Cons
User-friendly Limited order types
Two-step (safer) login No unique price alerts
Modern design
Best brokers for beginners - SoFi Invest trading platform
SoFi Invest trading platforms
Revolut Robinhood Merrill Edge SoFi Invest Webull
Mobile platform score 4.9 stars 5.0 stars 4.8 stars 4.5 stars 5.0 stars
Web platform score - 4.5 stars 4.3 stars 3.2 stars 4.5 stars

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#4 SoFi Invest
Fees
5.0

SoFi Invest has low trading and non-trading fees. It offers commission-free trades for US stocks and ETFs, and no fee is charged for inactivity or withdrawals.
Pros Cons
Free stocks and ETFs None
No withdrawal fee
No inactivity fee
SoFi Invest fees
Revolut Robinhood Merrill Edge SoFi Invest Webull
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - - -

All commissions are for opening a position, holding for a week, and closing.

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#4 SoFi Invest
Education
1.5

SoFi Invest offers offers some educational content on its blog and YouTube channel, but there are no demo accounts, platform tutorials or webinars.
Pros Cons
Articles on SoFi blog No demo account
No trading platform tutorial videos
No webinars
Best brokers for beginners - SoFi Invest education

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#4 SoFi Invest
Customer service
4.0

SoFi Invest's customer service is great, as it gives fast and relevant answers. On the flip side, there is no 24/7 service.
Pros Cons
Live chat No 24/7 support
Fast response time
Relevant answers
SoFi Invest customer service channels
Revolut Robinhood Merrill Edge SoFi Invest Webull
Live chat Yes No Yes Yes No
Phone Yes No Yes Yes Yes
Email No Yes No No Yes

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#4 SoFi Invest
Account opening
4.4

Account opening at SoFi Invest is seamless and fully digital; our account was opened within a day. On the flip side, only US clients can open an account.
Pros Cons
Fast Only US clients
Fully digital
No minimum deposit
SoFi Invest minimum deposit and time to open an account
Revolut Robinhood Merrill Edge SoFi Invest Webull
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1 day 1 day 1 day 1-3 days 1 day

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#4 SoFi Invest
Deposit and withdrawal
2.2

SoFi Invest offers user-friendly and mostly free deposit and withdrawal options. However, you can use only bank transfers, while wire transfer withdrawals incur a high fee.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee High fee for wire withdrawals
User-friendly
SoFi Invest withdrawal fee and options
Revolut Robinhood Merrill Edge SoFi Invest Webull
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $0 $0

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#4 SoFi Invest
Verdict

SoFi Invest's fees are great. You can trade stocks and ETFs listed on major US markets for free. Account opening is easy, fully digital and fast. Customer service responds quickly and gives relevant answers.

SoFi Invest has some drawbacks though. It is available only for US clients. Its product portfolio is fairly limited, covering only US stocks, ETFs, and a few cryptocurrencies. Lastly, research tools are very basic.

As the account opening process is seamless and SoFi Invest offers commission-free stock and ETF trades, you should feel free to try it.

SoFi Invest
Summary SoFi Invest is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Fees score 5.0 stars
Recommended for Beginners and investors looking for zero-commission trading, focusing on the US market

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Webull Logo

#5 Best broker for beginners
Webull

4.4

Webull is a US-based fintech startup offering zero-fee or discount brokerage services. The company was founded in 2017 and is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Webull is considered safe because it is regulated by top-tier financial authorities and provides a maximum of $500,000 investor protection, including a $250,000 limit for cash under the Securities Investor Protection Corporation's (SIPC) protection scheme.

Recommended for investors and traders looking for zero-commission trading and focusing on us markets

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#5 Webull
Mobile trading platform
5.0

Webull's mobile app is one of the best on the market. It's user-friendly, well-designed and has every feature you need, like an advanced order panel, price alerts and a two-step login.
Pros Cons
User-friendly None
Two-step (safer) login
Good variety of order types
Best brokers for beginners - Webull trading platform
Webull trading platforms
Revolut Robinhood Merrill Edge SoFi Invest Webull
Mobile platform score 4.9 stars 5.0 stars 4.8 stars 4.5 stars 5.0 stars
Web platform score - 4.5 stars 4.3 stars 3.2 stars 4.5 stars

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#5 Webull
Fees
4.7

Webull offers commission-free trading for US-listed stocks, ETFs and options, overall one of the lowest fees among brokerages. There is no withdrawal fee for ACH transfers and no inactivity fee. However, wire transfer fees are quite high.
Pros Cons
No commission (for stocks, ETFs, options) High wire transfer costs
ACH transfers are free for funding & payout
Webull fees
Revolut Robinhood Merrill Edge SoFi Invest Webull
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - - -

All commissions are for opening a position, holding for a week, and closing.

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#5 Webull
Education
2.0

Webull offers a demo account and some quality educational content. However, there are no other educational tools.
Pros Cons
Demo account No trading platform tutorial videos
No educational videos
No webinars
Best brokers for beginners - Webull education

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#5 Webull
Customer service
0.8

Webull customer support could be much better, as phone support is hard to reach and we received no answer to our emails. However, the platform's message center works great.
Pros Cons
Platform message center quick and useful No live chat
Slow phone support
No answer to emails
Webull customer service channels
Revolut Robinhood Merrill Edge SoFi Invest Webull
Live chat Yes No Yes Yes No
Phone Yes No Yes Yes Yes
Email No Yes No No Yes

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#5 Webull
Account opening
5.0

Webull's account opening process is seamless and fully digital, and verification takes less than a day. However, Webull is available only for clients from limited countries, such as the US.
Pros Cons
Fast Mostly for just US residents
Fully digital
No minimum deposit
Webull minimum deposit and time to open an account
Revolut Robinhood Merrill Edge SoFi Invest Webull
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1 day 1 day 1 day 1-3 days 1 day

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#5 Webull
Deposit and withdrawal
1.9

At Webull, you can use only bank transfer to add or withdraw funds, and wire transfer fees are high. As a plus, transferring money is easy and user-friendly and ACH transfers are free.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly Only one account base currency
Free ACH deposit and withdrawal High fees for wire transfer
Webull withdrawal fee and options
Revolut Robinhood Merrill Edge SoFi Invest Webull
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No No No No No
Withdrawal fee $0 $0 $0 $0 $0

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#5 Webull
Verdict

Webull's fees are great. You can get free stocks, trade with commission-free US stocks, ETFs and options. The account opening is easy, fully digital and fast. The platforms are easy to use and well-structured.

Webull has some drawbacks though. The product portfolio is quite limited, covering only US stocks, ETFs and options. You can use only bank transfer for deposit or withdrawal, and wire transfers are charged for both directions. Phone and email customer support are hard to contact.

As the account opening is seamless, and Webull offers commission-free stock and ETF trades, feel free to try it.

Webull
Summary Webull is a discount US stockbroker regulated by the top-tier SEC and FINRA.
Fees score 4.7 stars
Recommended for Investors and traders looking for zero-commission trading and focusing on US markets

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Best brokers for beginners
What makes a great broker for beginners

Now you know which are the best brokers for beginners. Curious how we put together this list? Let's go through two points in some more detail: whether these brokers are safe, and how we compiled the list.

Are these brokers safe?

You can be sure none of them is a scam. They are regulated by at least one top-tier authority. Some of them are also listed on an exchange, and some have a banking background.

However, brokerage companies can also go bust. Remember Lehman Brothers? In these cases, it is important to know what happens with your securities and cash. These are usually held in segregated accounts, so even in case of a broker bankruptcy, your money is safe.

If a worst-case scenario happens and, for example, the broker steals your assets, then you have a last resort: the compensation fund of the country where the broker is regulated.

How did BrokerChooser pick the best brokers for beginners?

At BrokerChooser we test online brokers along more than 300 criteria, with a real account and real money. In order not to overwhelm you, here are just the five most important criteria for brokers for beginners:

5 most important criteria for the best brokers for beginners in 2021
1. Mobile trading platform A user-friendly and well-equipped trading platform can significantly increase your comfort with trading.
2. Fees The overall cost of a typical trade can be 10-15 times higher at one broker than at another. So it is pays to check the fees.
3. Education Are you unfamiliar with concepts like spread or leverage? Good educational tools can help you to understand the basics of trading.
4. Account opening Some online brokers require a minimum first-time deposit, others don't. Check out what conditions the best online brokers have.
5. Deposit and withdrawal Withdrawing money from your account can be 5 times longer and more expensive from one broker to another.

Best brokers for beginners
Start your learning

When you are a beginner the best way to start your journey is by learning.

Below, you can find some very useful learning materials to start with.

If you are considering starting your investment journey by learning, check out our how-to-invest page, where you can find a lot of great materials. Learn about the pros and cons of investing your money on your own or the difference between trading and investing. You can also take a look at this article on account opening if you want to learn how you can open a trading account.

For beginner buy-and-hold investors we recommend reading our how to buy shares and how to buy ETFs articles.

For beginners who want to learn to trade, we can provide even more. A professional trader wrote about how to become a trader. Most beginner traders start with forex trading. If you don't know anything about this topic, start with our forex primer article. CFDs have also become very popular, but they are very risky. Start learning about this product type with this introduction to CFD trading and continue with the pros and cons of CFD trading.

Cryptos are a hot topic, but also super risky. We dug into it and found the safest ways to invest in Bitcoin. Highly recommended if you are considering cryptos.

When you become more experienced and start exploring futures options, you should definitely check out our article on the topic.

Best brokers for beginners
Bottom line

You saw the details, now let's zoom out. Here are once again the best brokers for beginners in the United States in 2021:

Best brokers for beginners in the United States in 2021
Revolut Robinhood Merrill Edge SoFi Invest Webull
Award Best free stock trading platform
Mobile platform score 4.9 stars 5.0 stars 4.8 stars 4.5 stars 5.0 stars
Fees score 4.8 stars 4.9 stars 4.4 stars 5.0 stars 4.7 stars
Education score 1.0 stars 1.5 stars 3.5 stars 1.5 stars 2.0 stars
Customer service score 1.8 stars 1.5 stars 4.5 stars 4.0 stars 0.8 stars
Account opening score 5.0 stars 5.0 stars 5.0 stars 4.4 stars 5.0 stars
Deposit and withdrawal score 3.5 stars 2.3 stars 2.2 stars 2.2 stars 1.9 stars
Visit broker Visit broker Visit broker Visit broker Visit broker

Revolut is our winner, the best broker for beginners in the United States in 2021. Free stock trading. Fast and easy account opening. Great mobile trading platform.

All the other brokers in the top five are considered great choices as well. Pick any of them and take the next step in your investment journey. Let us know what you think in the comment section.

Still unsure? Use our broker finder to find the best broker for you or learn more about investing your money.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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