Best ETF brokers in 2024

Written by
Gyula L.
Fact checked by
Tamás D.
Updated
6d ago
Dive into our toplist of regulated and trusted brokers that we tested with real money. Every broker is available in the United States.

Find below the strengths of the best ETF brokers available in the United States, updated for 2024:

  1. moomoo - the best ETF broker in 2024. Commission-free stock and ETF trading. Fast and easy account opening. Quality analytical tools and excellent education services. Pays high interest on uninvested cash.
  2. Interactive Brokers - Extremely low fees. Wide range of products. Many great research tools.
  3. E*TRADE - Low trading fees (free stock and ETF trading). User-friendly mobile trading platform. Great research tools. Pays interest on uninvested cash.
  4. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  5. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
  6. Merrill Edge - Low trading fees. Easy and seamless account opening. Strong parent company.
  7. Ally Invest - Low trading and non-trading fees. Easy and fully digital account opening. Great education.
  8. Webull - Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
  9. J.P. Morgan Self-Directed Investing - Commission-free US stocks, ETFs, funds and bonds. Fast and fully digital account opening. Well-established parent company. Pays interest on uninvested cash.
  10. tastytrade - Low trading fees. Great educational materials. Good research tools.
Your location is United States
To see the top brokers in another country choose from the list below
Please select a country
Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Overview of the best ETF brokers

While many ETF brokerages offer an excellent service, the ones in our toplist go the extra mile.

Broker
ETFs (#)
Stock markets (#)
moomoo
6,000
5
Interactive Brokers
13,000
90
E*TRADE
2,800
5
Alpaca Trading
3,000
5
Charles Schwab
2,300
4
Merrill Edge
2,300
4
Ally Invest
2,300
5
Webull
2,300
5
J.P. Morgan Self-Directed Investing
2,000
3
tastytrade
2,200
4
Best brokers for ETF key data compiled for May 2024

Popularity of the best ETF brokers

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

ETF trading fees at the best ETF brokers

In most cases, the key broker selection criteria is how much you have to pay for an EFT trade. It is not easy to compare trading fees for ETF trading. So what we do at BrokerChooser is that we compare brokers by calculating all the fees of a typical trade (buying ETF shares for $2,000, holding them for a week and then selling). As ETF fees are almost universally the same as stock fees, we took stock trading fees as the basis of comparison. You can see the results for the best ETF brokerages in the table below.

Broker
US stock
moomoo
$0.0
Interactive Brokers
$1.0
E*TRADE
$0.0
Alpaca Trading
$0.0
Charles Schwab
$0.0
Merrill Edge
$0.0
Ally Invest
$0.0
Webull
$0.0
J.P. Morgan Self-Directed Investing
$0.0
tastytrade
$0.0
Stock and ETF trading fees at the best ETF brokers in May 2024

If you are unsure how brokerage fees work, check out our article explaining various brokerage fees.

Other fees at the best ETF brokers

Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.

Broker
Account fee
Withdrawal fee
moomoo
$0
Interactive Brokers
$0
E*TRADE
$0
Alpaca Trading
$0
Charles Schwab
$0
Merrill Edge
$0
Ally Invest
$0
Webull
$0
J.P. Morgan Self-Directed Investing
$0
tastytrade
$0
Other fees at the best ETF brokers in May 2024

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

Visit broker

moomoo snapshot
Overall score 4.6 stars
Broker intro US zero-fee discount broker
ETFs 6,000
Minimum deposit $0
Trading platform score 4.3 stars
Deposit and withdrawal score 1.2 stars
Read review For a detailed analysis of moomoo services, check out our review for 2024

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

Visit broker

Interactive Brokers snapshot
Overall score 4.9 stars
Broker intro International broker providing all asset classes
ETFs 13,000
Minimum deposit $0
Trading platform score 4.3 stars
Deposit and withdrawal score 3.3 stars
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2024

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

Visit broker

E*TRADE snapshot
Overall score 4.5 stars
Broker intro US stockbroker
ETFs 2,800
Minimum deposit $0
Trading platform score 4.5 stars
Deposit and withdrawal score 1.6 stars
Read review For a detailed analysis of E*TRADE services, check out our review for 2024

Recommended for traders interested in algorithmic stock trading

Visit broker

Alpaca Trading snapshot
Overall score 4.4 stars
Broker intro US API broker
ETFs 3,000
Minimum deposit $0
Trading platform score 4.0 stars
Deposit and withdrawal score 1.2 stars
Read review For a detailed analysis of Alpaca Trading services, check out our review for 2024

Recommended for investors and traders looking for solid research, low fees and great customer service

Visit broker

Charles Schwab snapshot
Overall score 4.7 stars
Broker intro US discount broker
ETFs 2,300
Minimum deposit $0
Trading platform score 4.1 stars
Deposit and withdrawal score 1.6 stars
Read review For a detailed analysis of Charles Schwab services, check out our review for 2024

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

Visit broker

Merrill Edge snapshot
Overall score 4.6 stars
Broker intro US discount broker
ETFs 2,300
Minimum deposit $0
Trading platform score 4.5 stars
Deposit and withdrawal score 1.6 stars
Read review For a detailed analysis of Merrill Edge services, check out our review for 2024

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

Visit broker

Ally Invest snapshot
Overall score 4.5 stars
Broker intro US stockbroker
ETFs 2,300
Minimum deposit $0
Trading platform score 4.0 stars
Deposit and withdrawal score 1.5 stars
Read review For a detailed analysis of Ally Invest services, check out our review for 2024

Recommended for investors and traders looking for zero-commission trading and easy platforms

Visit broker

Webull snapshot
Overall score 4.5 stars
Broker intro US discount broker
ETFs 2,300
Minimum deposit $0
Trading platform score 5.0 stars
Deposit and withdrawal score 1.3 stars
Read review For a detailed analysis of Webull services, check out our review for 2024

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

Visit broker

J.P. Morgan Self-Directed Investing snapshot
Overall score 4.5 stars
Broker intro US-based discount broker
ETFs 2,000
Minimum deposit $0
Trading platform score 3.6 stars
Deposit and withdrawal score 1.6 stars
Read review For a detailed analysis of J.P. Morgan Self-Directed Investing services, check out our review for 2024

Recommended for options and futures traders focusing on US markets

Visit broker

tastytrade snapshot
Overall score 4.5 stars
Broker intro US options and stockbroker
ETFs 2,200
Minimum deposit $0
Trading platform score 3.9 stars
Deposit and withdrawal score 1.3 stars
Read review For a detailed analysis of tastytrade services, check out our review for 2024

Didn't find the best broker for you?

Answer a few questions and get a personalized broker list!
Get a personalized broker recommendation
125,500 people already found a broker via this tool!

Your broker toplist will be selected based on your answers.

Where do you live?
More info

How did BrokerChooser select the best brokers for trading ETFs?

  • We checked stock and ETF fees at more than 100 brokers,
  • Compared their ETF selection and access to stock exchanges,
  • Looked at the overall profile of the brokers (other products, trading platforms, account opening process),
  • Checked that the brokers are overseen by at least one rock-solid regulator,
  • Opened an account and tested the brokers' services with real money.


Save hours of research!

Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

BrokerChooser evaluates 9 key areas for all brokers, including fees, safety, ease of account opening, education and trading platforms. We check more than 600 criteria for each broker and fine-tune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.

FAQ

Which is the best broker for ETF?

The best broker for ETF trading based on our current ranking is moomoo. Other top ETF brokerages on our list are Interactive Brokers and E*TRADE.

Do you need a broker to buy ETFs?

Yes, you will need a brokerage account to buy securities like exchange-traded funds (ETFs). This can usually be done online, and most brokers don't require a minimum amount for account opening. You can buy and sell ETFs when the stock markets are open, in regular trading hours.

Want to learn more about ETFs?

Check out these articles written by our broker and trading experts:

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Author of this article

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

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.

×
I'd like to trade with...