Best business brokerage accounts in 2025

Here are the main strengths of the best brokers for business accounts available in the United States, updated for 2025:

Interactive Brokers - the best broker for business accounts in 2025. Extremely low fees. Wide range of products. Many great research tools.
Merrill Edge - Low trading fees. Easy and seamless account opening. Strong parent company.
Vanguard - Stocks and ETFs are free to trade. Easy account opening. Great mobile trading platform. Interest paid on uninvested cash.
Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
Ally Invest - Low trading and non-trading fees. Easy and fully digital account opening. Great education.
E*TRADE - Low trading fees (free stock and ETF trading). User-friendly mobile trading platform. Great research tools. Pays interest on uninvested cash.
Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
TradeStation - Great web and mobile trading platform. High level of investor protection. High-quality research and education tools.
Tradier - Low stock and ETF fees. Seamless account opening. Great API trading service.
tastytrade - Low trading fees. Great educational materials. Good research tools.

Overview of the best business brokerage accounts

While small or medium-sized companies can now open investment accounts at many brokerages, the ones in our toplist go the extra mile.

Best brokers for business investment accounts
Broker	Fees score	Time to open account
Interactive Brokers	4.3 /5	1-3 days
Merrill Edge	4.3 /5	1 day
Vanguard	4.1 /5	1-3 days
Fidelity	3.4 /5	1-3 days
Ally Invest	4.2 /5	1-3 days
E*TRADE	3.8 /5	1-3 days
Zacks Trade	3.6 /5	>3 days
TradeStation	3.5 /5	1 day
Tradier	4.2 /5	1 day
tastytrade	4.1 /5	1 day

Popularity of the best brokers for business investment accounts

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Can I trust these brokers?

When you're looking for a brokerage account for your business, it's super important to select a reliable and well-established broker. We have good news for you: all the brokers in this toplist have top-notch regulation and are trustworthy.

You can assess the trustworthiness of these brokers by checking their regulatory information, investor protection availability and foundation date in the table below.

Regulatory and investment protection information for the top brokers for business accounts
Broker	Top-tier regulators	Trusted broker
Interactive Brokers	FCA in the UK, SEC in the US, and ASIC in Australia
Merrill Edge	SEC and FINRA in the US
Vanguard	SEC and FINRA in the US
Fidelity	SEC and FINRA in the US
Ally Invest	SEC and FINRA in the US
E*TRADE	SEC and FINRA in the US
Zacks Trade	SEC and FINRA in the US
TradeStation	SEC and FINRA in the US
Tradier	SEC and FINRA in the US
tastytrade	SEC and FINRA in the US and member of the NFA. ASIC in Australia.

Trading fees for stocks, ETFs, bonds and funds

If you don't just want to park your company's cash on your broker account but also plan to invest part or all of it, you will likely face some trading fees. These can be flat or percentage-based commissions, or a combination of the two.

In the table below, we collected trading fees for some asset types typically favored by corporate account holders, such as stocks, ETFs (exchange-traded funds), mutual funds or bonds. In these examples, we calculated fees for a $2,000 trade in the case of stocks, ETFs and mutual funds; and for a $10,000 trade in the case of bonds.

Trading commissions at the best business investment accounts
Broker	US stocks and ETFs	UK stocks and ETFs
Interactive Brokers	$1.0	$3.8
Merrill Edge	$0.0	-
Vanguard	$0.0	-
Fidelity	$0.0	$11.3
Ally Invest	$0.0	-
E*TRADE	$0.0	-
Zacks Trade	$1.0	$15.1
TradeStation	$5.0	-
Tradier	$0.4	-
tastytrade	$0.0	-

Interest paid on cash

Many brokers now pay interest on idle cash even on business accounts. This makes them a viable alternative to bank accounts even if you don't actually plan to invest your company's funds. Just be aware that you may need to meet certain conditions to qualify for the highest available interest rate, such as having a sufficiently high account balance.

Interest paid on cash at the best brokers for business accounts
Broker	Maximum interest on USD cash	Interest on USD 10,000 cash
Interactive Brokers	4.1%	0.0%
Merrill Edge	4.2%	0.0%
Vanguard	3.0%	3.0%
Fidelity	2.4%	2.4%
Ally Invest	0.0%	0.0%
E*TRADE	0.2%	0.0%
Zacks Trade	0.0%	0.0%
TradeStation	0.0%	0.0%
Tradier	0.0%	0.0%
tastytrade	0.0%	0.0%

Other fees

Non-trading fees at the best business brokerage accounts
Broker	Account fee	Inactivity fee
Interactive Brokers
Merrill Edge
Vanguard
Fidelity
Ally Invest
E*TRADE
Zacks Trade
TradeStation
Tradier
tastytrade

Interactive Brokers

Recommended for traders looking for broad market access and a professional trading environment

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Key features
	Interactive Brokers Interactive Brokers
Investor protection Amount of the investor protection provided by the broker	$500k (up to $250k on cash) to US clients. Check the description to see all protection. £85k or $500k (up to $250k for cash) in the UK depending on the assets you hold; $500k (up to $250k cash) in the US; €20k (IB Ireland & Luxembourg) or €100k (IB Central Europe) in the EU, CAD 1 million in Canada; HKD 500k in Hong Kong
Minimum deposit The minimum amount you have to deposit for using the account	$0 $0 for non-margin client accounts, $2,000 for margin accounts. (A margin account is where you trade with borrowed money, also known as leverage.)
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$1.0 Fixed pricing: $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan.
Demo account	Yes
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	4.3 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1-3 days
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee

For a detailed analysis of Interactive Brokers's services, check out our full review for 2025

Merrill Edge

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

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Key features
	Merrill Edge Merrill Edge
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 No minimum deposit
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Commission-free stock and ETF trading
Demo account	No
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	4.8 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1 day
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee

For a detailed analysis of Merrill Edge's services, check out our full review for 2025

Vanguard

Recommended for long-term investors looking for great ETF and mutual fund selection

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Key features
	Vanguard Vanguard
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 No minimum deposit; however, for funds and ETFs there is an investment minimum (starting with $1,000).
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Commission-free
Demo account	No
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	4.4 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1-3 days
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee

For a detailed analysis of Vanguard's services, check out our full review for 2025

Fidelity

Recommended for investors and traders looking for solid research and great trading platforms

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Key features
	Fidelity Fidelity
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 No minimum account balance
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Free stock and ETF trading
Demo account	Yes
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	5.0 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1-3 days
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee

For a detailed analysis of Fidelity's services, check out our full review for 2025

Ally Invest

Recommended for investors and traders looking for low fees and focusing on the US market

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Key features
	Ally Invest Ally Invest
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 No minimum account balance
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Free stock and ETF trading for stocks priced above $2, otherwise $4.95 commission plus $0.1 per share
Demo account	No
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	5.0 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1-3 days
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee

For a detailed analysis of Ally Invest's services, check out our full review for 2025

E*TRADE

Recommended for investors and traders looking for solid research and a great mobile trading platform

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Key features
	ETRADE ETRADE
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 No minimum deposit for non-margin brokerage account, while $2,000 for margin accounts and $500 for Core Portfolios
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Free stock and ETF trading
Demo account	No
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	4.5 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1-3 days
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee

For a detailed analysis of E*TRADE's services, check out our full review for 2025

Zacks Trade

Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees

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Key features
	Zacks Trade Zacks Trade
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$250 $250 is required as minimum initial deposit for new accounts
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$1.0 $0.01 per share commission for stocks priced above $1, or 1% of trade value for stocks priced below $1. The minimum fee is $1.
Demo account	Yes
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	3.5 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	>3 days
Inactivity fee Fee applied if a customer does not trade for a certain length of time	Yes $15 per month (for accounts under $25,000 with less than $15 in commission fees each month), but waived for account balances above $25,000

For a detailed analysis of Zacks Trade's services, check out our full review for 2025

TradeStation

Recommended for traders focusing on US markets and buy-and-hold investing

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Key features
	TradeStation TradeStation
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 $1 for cash accounts, $2,000 for margin accounts, and $5,000 for futures accounts
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$5.0 $5 per trade for non-US clients. For US clients, commission-free up to the first 10,000 shares per trade.
Demo account	Yes
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	4.8 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1 day
Inactivity fee Fee applied if a customer does not trade for a certain length of time	Yes $10/month – waived if 10 or more trades placed in prior 90 days or $5,000 average end-of-month balance

For a detailed analysis of TradeStation's services, check out our full review for 2025

Tradier

Recommended for active traders focusing on the US market who are interested in algorithmic stock and options trading

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Key features
	Tradier Tradier
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 There is no minimum deposit to open a cash account at Tradier Brokerage. For margin trading the minimum is $2,000.
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.4 $0.35 per trade. This commission is waived if you are in the Pro or Pro Plus subscription plans.
Demo account	Yes
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	2.4 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1 day
Inactivity fee Fee applied if a customer does not trade for a certain length of time	Yes $50 per year if the account's value is less than $2,000 and there are fewer than 2 trades per year. International accounts with fewer than 2 trades per month will be charged an inactivity fee of $20 every month.

For a detailed analysis of Tradier's services, check out our full review for 2025

tastytrade

Recommended for options and futures traders focusing on US markets

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Key features
	tastytrade tastytrade
Investor protection Amount of the investor protection provided by the broker	$500k (securities up to $500k, cash up to $250k)
Minimum deposit The minimum amount you have to deposit for using the account	$0 No minimum account balance
US stock/ETF fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$0.0 Free stock and ETF trading
Demo account	No
Mobile platform score BrokerChooser assessment about how user-friendly and well-developed the mobile platform is	4.2 stars
Time to open account BrokerChooser estimation on time needed to access account after all documents are provided by customer	1 day
Inactivity fee Fee applied if a customer does not trade for a certain length of time	No No inactivity fee

For a detailed analysis of tastytrade's services, check out our full review for 2025

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How did BrokerChooser select the best business brokerage accounts ?

Checked whether the broker is regulated by a trusted financial authority
Compared investor protection and other safety aspects (like how long the broker has been in operation)
Compared trading fees and product selection for stocks, ETFs, bonds and mutual funds
Checked the maximum interest paid on uninvested cash
Compared other fees such as inactivity, custody or withdrawal fees
Opened an account and tested the platform (charting, features, usability, customer service)

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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.

Best business brokerage accounts in 2025

Intro and winners

Overview of the best business brokerage accounts

Popularity of the best brokers for business investment accounts

Can I trust these brokers?

Trading fees for stocks, ETFs, bonds and funds

Interest paid on cash

Other fees

Didn't find the best broker for you?

Get a personalized broker recommendation

How did BrokerChooser select the best business brokerage accounts ?