To help you find the best stock trading apps in the US, we went ahead and did the research for you. First, we selected 93 quality online brokers, then checked their stock trading apps and fees, available markets, product selection and much much more. We went deep, so you won't have to.
5 stock trading apps made it to the top list, which we all highly recommend to you. And now, without further ado...
Our top 5 picks for the best stock trading apps of 2021 in the US:
- Robinhood is the winner. User-friendly. Two-step (safer) login. Good search function.
- Webull came in second. User-friendly. Two-step (safer) login. Good variety of order types.
- Fidelity rounds out the top three. User-friendly. Good search function. Good variety of order types.
- TD Ameritrade, numero quattro. User-friendly. Two-step (safer) login. Good variety of order types.
- Merrill Edge just made it to the list in 5th place. User-friendly. Two-step (safer) login. Touch/Face ID login.
| Name | Company info | Stock trading app score | |
|---|---|---|---|
| #1 | Robinhood | US zero-fee discount broker | 5.0 stars |
| #2 | Webull | US discount broker | 5.0 stars |
| #3 | Fidelity | US stockbroker | 4.5 stars |
| #4 | TD Ameritrade | US-based stockbroker | 4.8 stars |
| #5 | Merrill Edge | US discount broker | 4.8 stars |
All these stock trading apps are operated by a financial company, usually a brokerage company.
What makes a good stock trading app? First, it has to be user-friendly and provide intuitive solutions. It also has to offer fair fees. Safe login, a good search engine, a vast selection of order types, price alert and order confirmation availability are also among the factors we deem necessary when selecting the best of the best. These features are easy to list, but hard to figure out. We tested the stock trading apps with real accounts and real money. We know what's up.
And now, let's see the best stock trading apps one by one. Starting with the winner, Robinhood.
#1 Best stock trading app in the US for 2019
Robinhood
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.
Robinhood published recently its S1 disclosure. If you're interested in analyzing Robinhood's business numbers and how they stack against up other brokers, check this report.
#1 Robinhood
App functionalities and features
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 |
The Robinhood stock trading app is available on both iOS and Android.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | No | Yes | Yes |
| # of order types | 5 | 5 | 5 | 5 | 5 |
| Search function | Great | Great | Great | Mid-range | Mid-range |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#1 Robinhood
Stock trading fees
Robinhood stock trading fees are low.
It's not easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK.
By typical trade we mean buying shares for $2,000 and then selling them.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
| UK stock | - | - | $12.6 | - | - |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | Stock and ETF trading is free | $0 per trade | Free stock and ETF trading | Free stock and ETF trading | Commission-free stock and ETF trading |
Non-trading fees
Robinhood has low non-trading fees.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | No | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#1 Robinhood
Account opening
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 | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $0 | $0 | $0 |
| Time to open account | 1 day | 1 day | 1-3 days | 1-3 days | 1 day |
You can start the account opening process either on the broker's website or within the app.
#1 Robinhood
Deposit and withdrawal
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 | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#1 Robinhood
Markets and products
Robinhood's product portfolio is limited, as it offers only stocks, ETFs, options and cryptos. Furthermore, assets are limited mainly to US markets. During January 2021, Robinhood restricted trading in as many as 50 individual stocks.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Stock markets (#) | 5 | 3 | 22 | 4 | 4 |
| ETFs (#) | 2,300 | 2,300 | 80 | 2,300 | 2,300 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Forex | No | No | No | Yes | No |
| Funds | No | No | Yes | Yes | Yes |
| Bonds | No | No | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | Yes | Yes |
| Futures | No | No | No | Yes | No |
| Crypto | Yes | Yes | No | Yes | No |
#2 Best stock trading app in the US for 2019
Webull
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.
#2 Webull
App functionalities and features
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 |
The Webull stock trading app is available on both iOS and Android.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | No | Yes | Yes |
| # of order types | 5 | 5 | 5 | 5 | 5 |
| Search function | Great | Great | Great | Mid-range | Mid-range |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#2 Webull
Stock trading fees
Webull stock trading fees are low.
It's not easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK.
By typical trade we mean buying shares for $2,000 and then selling them.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
| UK stock | - | - | $12.6 | - | - |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | Stock and ETF trading is free | $0 per trade | Free stock and ETF trading | Free stock and ETF trading | Commission-free stock and ETF trading |
Non-trading fees
Webull has low non-trading fees.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | No | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#2 Webull
Account opening
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 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $0 | $0 | $0 |
| Time to open account | 1 day | 1 day | 1-3 days | 1-3 days | 1 day |
You can start the account opening process either on the broker's website or within the app.
#2 Webull
Deposit and withdrawal
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 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#2 Webull
Markets and products
Webull has a limited product portfolio that includes only US-based stocks, ETFs and options. Popular asset types such as funds, bonds or forex are not available.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Stock markets (#) | 5 | 3 | 22 | 4 | 4 |
| ETFs (#) | 2,300 | 2,300 | 80 | 2,300 | 2,300 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Forex | No | No | No | Yes | No |
| Funds | No | No | Yes | Yes | Yes |
| Bonds | No | No | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | Yes | Yes |
| Futures | No | No | No | Yes | No |
| Crypto | Yes | Yes | No | Yes | No |
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#3 Best stock trading app in the US for 2019
Fidelity
Fidelity is a US stockbroker founded in 1946. It is regulated by top-tier authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
Fidelity is considered safe because it has a long track record and is regulated by top-tier financial authorities.
#3 Fidelity
App functionalities and features
Fidelity has a great mobile trading platform. It is user-friendly and well-designed, but lacks a two-step login.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Good search function | |
| • Good variety of order types |
The Fidelity stock trading app is available on both iOS and Android.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | No | Yes | Yes |
| # of order types | 5 | 5 | 5 | 5 | 5 |
| Search function | Great | Great | Great | Mid-range | Mid-range |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#3 Fidelity
Stock trading fees
Fidelity stock trading fees are low.
It's not easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK.
By typical trade we mean buying shares for $2,000 and then selling them.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
| UK stock | - | - | $12.6 | - | - |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | Stock and ETF trading is free | $0 per trade | Free stock and ETF trading | Free stock and ETF trading | Commission-free stock and ETF trading |
Non-trading fees
Fidelity has low non-trading fees.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | No | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#3 Fidelity
Account opening
Opening an account at Fidelity is easy and there is no minimum deposit. You can also choose from many account types. However, account verification is a bit slow.
| Pros | Cons |
|---|---|
| • No minimum deposit | • Slower account verification |
| • User-friendly | • Not fully digital in some cases |
| • Many account types |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $0 | $0 | $0 |
| Time to open account | 1 day | 1 day | 1-3 days | 1-3 days | 1 day |
You can start the account opening process either on the broker's website or within the app.
#3 Fidelity
Deposit and withdrawal
Fidelity offers an exceptionally wide range of base currencies. On the negative side, credit/debit cards are not accepted.
| Pros | Cons |
|---|---|
| • Free withdrawal | • Credit/Debit card not available |
| • No deposit fee | |
| • Several account base currencies |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#3 Fidelity
Markets and products
Fidelity offers a lot of different trading products, from stocks to options, including international stocks. However, forex and futures trading is not available.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Stock markets (#) | 5 | 3 | 22 | 4 | 4 |
| ETFs (#) | 2,300 | 2,300 | 80 | 2,300 | 2,300 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Forex | No | No | No | Yes | No |
| Funds | No | No | Yes | Yes | Yes |
| Bonds | No | No | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | Yes | Yes |
| Futures | No | No | No | Yes | No |
| Crypto | Yes | Yes | No | Yes | No |
#4 Best stock trading app in the US for 2019
TD Ameritrade
This TD Ameritrade Review concludes that it is recommended for investors and experienced traders looking for solid research and a well-equipped desktop trading platform, the Thinkorswim platform.
It is one of the biggest US-based stockbrokers, founded in 1975. As an online broker, it is regulated by top-tier authorities like the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).
It is considered to be a safe broker as it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials, and is overseen by top-tier regulators.
#4 TD Ameritrade
App functionalities and features
The TD Ameritrade mobile app is great. It is user-friendly and well-designed.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Two-step (safer) login | |
| • Good variety of order types |
The TD Ameritrade stock trading app is available on both iOS and Android.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | No | Yes | Yes |
| # of order types | 5 | 5 | 5 | 5 | 5 |
| Search function | Great | Great | Great | Mid-range | Mid-range |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#4 TD Ameritrade
Stock trading fees
TD Ameritrade stock trading fees are low.
It's not easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK.
By typical trade we mean buying shares for $2,000 and then selling them.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
| UK stock | - | - | $12.6 | - | - |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | Stock and ETF trading is free | $0 per trade | Free stock and ETF trading | Free stock and ETF trading | Commission-free stock and ETF trading |
Non-trading fees
TD Ameritrade has low non-trading fees.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | No | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#4 TD Ameritrade
Account opening
TD Ameritrade offers many different account types, and there is no minimum deposit for US citizens.
| Pros | Cons |
|---|---|
| • Fully digital | None |
| • No minimum deposit | |
| • Many account types |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $0 | $0 | $0 |
| Time to open account | 1 day | 1 day | 1-3 days | 1-3 days | 1 day |
You can start the account opening process either on the broker's website or within the app.
#4 TD Ameritrade
Deposit and withdrawal
The account funding is user-friendly with no deposit fees, but USD is the only available base currency, and wire transfers incur a high fee.
| Pros | Cons |
|---|---|
| • Free withdrawal | • Credit/Debit card not available |
| • No deposit fee | • Only one account base currency |
| • User-friendly | • High withdrawal fee for wire transfers |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#4 TD Ameritrade
Markets and products
You can trade many asset classes, from stocks to futures and forex, while nice extras include social trading and robo-advisory. On the other hand, only the US market is covered.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Stock markets (#) | 5 | 3 | 22 | 4 | 4 |
| ETFs (#) | 2,300 | 2,300 | 80 | 2,300 | 2,300 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Forex | No | No | No | Yes | No |
| Funds | No | No | Yes | Yes | Yes |
| Bonds | No | No | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | Yes | Yes |
| Futures | No | No | No | Yes | No |
| Crypto | Yes | Yes | No | Yes | No |
#5 Best stock trading app in the US for 2019
Merrill Edge
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.
#5 Merrill Edge
App functionalities and features
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 |
The Merrill Edge stock trading app is available on both iOS and Android.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Two-step authentication | Yes | Yes | No | Yes | Yes |
| # of order types | 5 | 5 | 5 | 5 | 5 |
| Search function | Great | Great | Great | Mid-range | Mid-range |
| Price alerts | Yes | Yes | Yes | Yes | Yes |
| Order confirmation | Yes | Yes | Yes | Yes | Yes |
| User-friendly | Great | Great | Great | Great | Great |
#5 Merrill Edge
Stock trading fees
Merrill Edge stock trading fees are low.
It's not easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of quoting long fee tables, we compared brokers by calculating all the fees of a typical trade for two popular markets, the US and the UK.
By typical trade we mean buying shares for $2,000 and then selling them.
This catch-all benchmark fee includes spreads, financing costs (if they apply) and commissions for all brokers.
Here is the verdict:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
| UK stock | - | - | $12.6 | - | - |
All the spreads, commissions and financing rates for opening a position, holding it for a week and closing it.
Want to check the pricing yourself? Here you go:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| US stock | Stock and ETF trading is free | $0 per trade | Free stock and ETF trading | Free stock and ETF trading | Commission-free stock and ETF trading |
Non-trading fees
Merrill Edge has low non-trading fees.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Account fee | No | No | No | No | No |
| Inactivity fee | No | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Feel free to check out the brokerage fees in detail if your want to learn more.
#5 Merrill Edge
Account opening
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 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $0 | $0 | $0 | $0 |
| Time to open account | 1 day | 1 day | 1-3 days | 1-3 days | 1 day |
You can start the account opening process either on the broker's website or within the app.
#5 Merrill Edge
Deposit and withdrawal
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 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | No | No | No | No | No |
| Electronic wallets | No | No | Yes | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#5 Merrill Edge
Markets and products
Merrill Edge has a limited product portfolio that consists of stocks, ETFs, mutual funds, and bonds. Unfortunately, the product lineup covers only the US market. The broker offers a lower diversity of products in general compared to its competition.
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Stock markets (#) | 5 | 3 | 22 | 4 | 4 |
| ETFs (#) | 2,300 | 2,300 | 80 | 2,300 | 2,300 |
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Forex | No | No | No | Yes | No |
| Funds | No | No | Yes | Yes | Yes |
| Bonds | No | No | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | Yes | Yes |
| Futures | No | No | No | Yes | No |
| Crypto | Yes | Yes | No | Yes | No |
Best stock trading apps in the US
Bottom line
Now that you have seen the details, let's zoom out. Here are the best stock trading apps of 2021 in the US:
| Robinhood | Webull | Fidelity | TD Ameritrade | Merrill Edge | |
|---|---|---|---|---|---|
| Stock fee class | Low | Low | Low | Low | Low |
| Mobile platform score | 5.0 stars | 5.0 stars | 4.5 stars | 4.8 stars | 4.8 stars |
| Account opening score | 5.0 stars | 5.0 stars | 3.6 stars | 3.6 stars | 5.0 stars |
| Deposit and withdrawal score | 2.3 stars | 1.9 stars | 3.8 stars | 2.2 stars | 2.2 stars |
| Markets and products score | 1.1 stars | 1.9 stars | 3.9 stars | 4.0 stars | 2.3 stars |
Robinhood is our winner, the best stock trading app in the US. User-friendly. Two-step (safer) login. Good search function.
We consider all these stock trading apps a great choice. Pick the winner, or any runner-up and take the next step in your investment journey. Let us know what you think in the comments section.
Still unsure which app and broker to choose? Use our the broker finder tool to find the best app for you or learn more about investing your money.
