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Our top alternative brokers to Vanguard
Merrill Edge
4.8
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Ally Invest
4.7
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Our top alternative brokers to Vanguard
Merrill Edge
4.8
Open account
Ally Invest
4.7
Open account
Vanguard Alternatives

The best alternatives to Vanguard are

  1. Merrill Edge - US discount broker
  2. Ally Invest - US stockbroker
  3. Charles Schwab - US discount broker
  4. E*TRADE - US stockbroker

Let's see in a bit more detail how the Vanguard alternatives compare to Vanguard and each other:

Vanguard alternatives comparison
Vanguard Merrill Edge Ally Invest Charles Schwab E*TRADE
Overall score 4.3 4.8 4.7 4.8 4.9
Fees score 3.7 stars 4.4 stars 4.5 stars 4.4 stars 4.4 stars
Account opening score 4.4 stars 5.0 stars 4.4 stars 4.4 stars 4.4 stars
Deposit and withdrawal score 2.4 stars 2.2 stars 2.6 stars 2.2 stars 2.2 stars
Web platform score 3.4 stars 4.3 stars 3.5 stars 4.3 stars 4.5 stars
Markets and products score 2.8 stars 2.3 stars 2.9 stars 3.3 stars 3.1 stars
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Why are these brokers considered good alternatives to Vanguard? There are many areas based on which Vanguard can be compared with others. When we say a given online broker is a good alternative to Vanguard we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Vanguard alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Vanguard is recommended for long-term investors who are looking for great etf and mutual fund offers
  • Merrill Edge is recommended for investors and traders who looking for low fees, quick account opening, and simple platforms
  • Ally Invest is recommended for investors and traders looking for low fees and focusing on the us market
  • Charles Schwab is recommended for investors and traders looking for solid research, low fees and great customer service
  • E*TRADE is recommended for investors and traders looking for solid research and a great mobile trading platform

Important factors of finding Vanguard alternatives

So far BrokerChooser has reviewed 81 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Vanguard or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Vanguard is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Vanguard alternative.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Vanguard, some alternatives might allow you to do that.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Vanguard alternative is a must.


Now let's dive into the details of how Vanguard and its alternatives perform in the most important areas!

Vanguard alternatives
Vanguard

Note (February 08 2021): Due to an unexpected interest in the markets, some brokers experienced outages or temporary suspensions of confirming orders. We experienced that Vanguard had major platform outages in the recent time. Please be aware when trading, as you can get stuck in your positions. We'll keep monitoring the issue, and will update our scores if this issue still persists. If you're looking for similar brokers, feel free to check this article about alternatives brokers.

Vanguard is a US stockbroker founded in 1975. The company is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Vanguard is considered safe because it has a long track record and it is overseen by top-tier regulators.

Recommended for long-term investors who are looking for great etf and mutual fund offers

Pros Cons
Some ETFs and mutual funds are free to trade Only the US market covered
Easy account opening Basic research tools
Great mobile trading platform High financing rates (margin rates)

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Fees
3.7

Vanguard offers free ETF trading and some mutual funds and bonds are free, too. The non-trading fees are low, no inactivity fee is charged and withdrawal is also free, if you use ACH transfer. On the negative side, the fees for non-free mutual funds are high. Financing rates are also high, especially in the lower volume tiers.
Pros Cons
No inactivity fee High margin rates
Free ETF trading High fees for non-free mutual funds
Some mutual funds and bonds are free to trade
Vanguard alternatives trading fees
Vanguard Merrill Edge Ally Invest Charles Schwab E*TRADE
US stock $7.0 $0.0 $0.0 $0.0 $0.0
UK stock - - - - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k

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Account opening
4.4

Account opening is fully digital and user-friendly. There is no minimum account balance. However, the account opening and verification process is slow, around 2-3 business days.
Pros Cons
Fully digital Slow account opening time
No minimum deposit
Low minimum deposit
Vanguard alternatives minimum deposit and account open times
Vanguard Merrill Edge Ally Invest Charles Schwab E*TRADE
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1 day 1-3 days 1 day 1-3 days

Learn more about Vanguard minimum deposit here.

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Deposit and withdrawal
2.4

It's great that Vanguard charges no deposit fee and transferring money is easy and user-friendly. The deposit and withdrawal could be improved, though. You can use only bank transfer, and a fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly $10 for wire transfer withdrawals
Free withdrawal (via ACH)
Vanguard and alternatives withdrawal options and fees
Vanguard Merrill Edge Ally Invest Charles Schwab E*TRADE
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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Web trading platform
3.4

Vanguard has an average web trading platform. It offers a two-step login and there is a clear fee report. The trading platform's structure is a bit confusing and some features are hard to find. Search functions could be better, too, and we missed customizability.
Pros Cons
Clear fee report Limited customizability (for charts, workspace)
Two-step (safer) login Some features are hard to find
Price alerts
Vanguard - Web trading platform
Vanguard and alternatives trading platform scores
Vanguard Merrill Edge Ally Invest Charles Schwab E*TRADE
Web platform score 3.4 stars 4.3 stars 3.5 stars 4.3 stars 4.5 stars
Mobile platform score 4.4 stars 4.8 stars 3.3 stars 4.2 stars 4.5 stars
Desktop platform score - - - 4.0 stars -

Learn more about Vanguard's web trading platform in the detailed Vanguard review.

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Markets and products
2.8

Vanguard gives access to different asset classes, from stocks to options. However, the offered products cover only the US market and you can't trade with forex and futures.
Vanguard and alternatives markets and products
Vanguard Merrill Edge Ally Invest Charles Schwab E*TRADE
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex No No No No No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures No No No Yes Yes
CFD No No No No No
Crypto No No No Yes Yes

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Verdict

Vanguard is one of the biggest US stockbrokers regulated by top-tier regulators.

Vanguard offers free ETF and mutual fund trading for some products, such as its own ETFs. It doesn't charge inactivity and account fees and the account opening is easy and fully digital. The mobile trading platform is user-friendly and has a great design.

It has some drawbacks, though. The product portfolio covers only the US market and the research tools are basic. Financing rates are also high when you trade on margin.

As there are low non-trading fees and no inactivity fee is charged, feel free to try Vanguard.

Vanguard
Summary Vanguard is a US stockbroker regulated by the top-tier SEC and FINRA.
Fees score 3.7 stars
Recommended for Long-term investors who are looking for great ETF and mutual fund offers

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Vanguard alternatives
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. 

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

Pros Cons
Low trading fees Limited to US clients and products
Easy and seamless account opening No demo account
Strong parent company Limited options to deposit/withdraw

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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
Vanguard vs. Merrill Edge: Trading fees
Merrill Edge Vanguard
Apple benchmark fee $0.3 $14.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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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
Vanguard vs. Merrill Edge: Minimum deposit, time to open an account
Merrill Edge Vanguard
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Merrill Edge minimum deposit, this overview will help you.

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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
Vanguard vs. Merrill Edge: Withdrawal options
Merrill Edge Vanguard
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

Merrill Edge has a user-friendly and simple trading platform, with options for secure login and for setting price alerts. However, it offers only limited customizability and the search function is not so advanced.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of Merrill Edge, a Vanguard alternative
Vanguard vs. Merrill Edge: Trading platform scores
Merrill Edge Vanguard
Web platform score 4.3 stars 3.4 stars
Mobile platform score 4.8 stars 4.4 stars
Desktop platform score - -

Learn more about Merrill Edge's web trading platform in the detailed Merrill Edge review.

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Markets and products
2.3

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.
Vanguard vs. Merrill Edge: Markets and products
Merrill Edge Vanguard
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures No No
CFD No No
Crypto No No

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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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Vanguard alternatives
Ally Invest

Ally Invest is a US stockbroker regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Its parent company, Ally Financial Inc. dates back to 1911 when its predecessor, General Motors Acceptance Corporation (GMAC) was founded. Ally Financial Inc. is listed on the New York Stock Exchange and has a banking subsidiary, Ally Bank.

Ally Invest is considered safe because it has a long track record and is regulated by top-tier financial authorities.

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

Pros Cons
Low trading and non-trading fees You can trade only on US markets
Easy and fully digital account opening Forex trading is available through a separate account
Great education Lack of proper 2-step authentication

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Fees
4.5

Ally Invest has low trading fees and non-trading fees, including zero base commission on most stocks and ETFs. On the negative side, margin rates are quite high.
Pros Cons
Low trading fees Margin rates could be lower
Low non-trading fees
Zero commission on most stocks and ETFs
Vanguard vs. Ally Invest: Trading fees
Ally Invest Vanguard
Apple benchmark fee $0.3 $14.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.4

Account opening is fully digital and user-friendly, and involves no minimum deposit in most cases. On the other hand, account verification takes relatively long.
Pros Cons
Fully digital Slow account verification
Low minimum deposit
Vanguard vs. Ally Invest: Minimum deposit, time to open an account
Ally Invest Vanguard
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in Ally Invest minimum deposit, this overview will help you.

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Deposit and withdrawal
2.6

Ally Invest doesn't charge a deposit fee, and transferring money is easy. On the other hand, you can use only bank transfer, and wire transfer withdrawals are expensive.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High outgoing wire transfer fee
Free ACH withdrawal
Vanguard vs. Ally Invest: Withdrawal options
Ally Invest Vanguard
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
3.5

Ally Invest's web trading platform is user-friendly, with a convenient search function. On the negative side, there is no clear fee report, and we also missed two-step login.
Pros Cons
User-friendly No clear fee report available
Good search function No two-step (safer) login
Good customizability (for charts, workspace)
Web trading platform of Ally Invest, a Vanguard alternative
Vanguard vs. Ally Invest: Trading platform scores
Ally Invest Vanguard
Web platform score 3.5 stars 3.4 stars
Mobile platform score 3.3 stars 4.4 stars
Desktop platform score - -

Learn more about Ally Invest's web trading platform in the detailed Ally Invest review.

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Markets and products
2.9

At Ally Invest you can trade various asset classes from stocks to options. On the negative side, it covers only the US market, and futures or forex trading is not possible.
Vanguard vs. Ally Invest: Markets and products
Ally Invest Vanguard
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures No No
CFD No No
Crypto No No

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Verdict

Ally Invest is one of the biggest US stockbrokers and is overseen by top-tier regulators. Retail clients of Ally Bank will appreciate that its banking and brokerage platforms are very well integrated - so it's very easy to move cash between those accounts.

Ally Invest has low trading and non-trading fees and offers a good product range in the US. The account opening process is easy and fully digital. We also liked the high quality of its educational tools.

Ally Invest has some drawbacks though. You can trade only on US exchanges. Forex trading is available only through a separate Ally Forex account provided by GAIN Capital (Forex.com). Lastly, there is no option to turn on two-factor authentication for added security.

Still, as trading fees are low and no inactivity fee is charged, feel free to try Ally Invest.

Ally Invest
Summary Ally Invest is a US stockbroker, regulated by top-tier authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and has a banking background.
Fees score 4.5 stars
Recommended for Investors and traders looking for low fees and focusing on the US market

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Vanguard alternatives
Charles Schwab

Charles Schwab is a US discount broker that was founded in 1971 and is listed on the New York Stock Exchange.

It is regulated by several top-tier financial authorities, such as the US Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the UK's Financial Conduct Authority (FCA).

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

Pros Cons
Free stock and ETF trading High fees for some mutual funds
Outstanding research Only US/Canada markets available
Great customer service Poorly-structured educational platform

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Fees
4.4

Charles Schwab offers free stock and ETF trading, some mutual funds and bonds are also free, while non-trading fees are low. On the negative side, some mutual fund fees are high.
Pros Cons
Free stock/ETF trading High fees for non-free mutual funds
Some mutual funds and bonds are free
Low non-trading fees
Vanguard vs. Charles Schwab: Trading fees
Charles Schwab Vanguard
Apple benchmark fee $0.3 $14.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.4

Opening an account at Charles Schwab is easy, fast and fully digital. There is no minimum deposit for US clients, but other clients have to transfer a $25,000 minimum to start.
Pros Cons
Fast $25,000 minimum deposit for non-US clients
Fully digital
No minimum deposit
Vanguard vs. Charles Schwab: Minimum deposit, time to open an account
Charles Schwab Vanguard
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in Charles Schwab minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

Funding your account is easy and user-friendly at Charles Schwab and there is no deposit fee. However, you can only use bank transfer and there is a high fee for wire withdrawals.
Pros Cons
No deposit fee High fee for wire (bank transfer) withdrawals
User-friendly
Vanguard vs. Charles Schwab: Withdrawal options
Charles Schwab Vanguard
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.3

Charles Schwab offers a good web-based trading platform with a clean design. On the negative side, the platform is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Price alerts
Web trading platform of Charles Schwab, a Vanguard alternative
Vanguard vs. Charles Schwab: Trading platform scores
Charles Schwab Vanguard
Web platform score 4.3 stars 3.4 stars
Mobile platform score 4.2 stars 4.4 stars
Desktop platform score 4.0 stars -

Learn more about Charles Schwab's web trading platform in the detailed Charles Schwab review.

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Markets and products
3.3

At Charles Schwab, you can trade a lot of different asset classes, from stocks to futures. Unfortunately, the product portfolio covers only US and Canadian markets.
Vanguard vs. Charles Schwab: Markets and products
Charles Schwab Vanguard
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures Yes No
CFD No No
Crypto Yes No

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Verdict

Charles Schwab is one of the biggest discount US brokers, regulated by top-tier authorities.

It was one of the first brokers, starting in late 2019, to charge no commissions for stock and ETF trades. Its research is outstanding, covering many tools, including trading ideas, Morgan Stanley analyst reports on equities, and detailed fundamental data. Customer service is great, providing relevant answers within a short time.

It does have some drawbacks, though. Except for the around 4,000 mutual funds that are free to trade, mutual fund costs are high and the product portfolio covers only US and Canadian markets. Lastly, the educational platform is not well-structured.

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

Charles Schwab
Summary Charles Schwab is a US discount broker, regulated by top-tier US authorities the SEC and FINRA. The company is listed on the New York Stock Exchange and holds a banking license.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research, low fees and great customer service

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Vanguard alternatives
E*TRADE

E*TRADE is a US-based stockbroker founded in 1982. It is regulated by top-tier financial authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

E*TRADE is considered safe because 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 US regulators.

In February 2020, E*TRADE was acquired by Morgan Stanley. To find out more about the motives behind the acquisition and about the wider market context, check out this article we wrote about the deal.

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

Pros Cons
Low trading fees (free stock and ETF trading) Only US markets, no forex
User-friendly mobile trading platform Only bank transfer
Great research tools Slow live chat

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Fees
4.4

E*TRADE offers free trading of stocks, ETFs, and some bonds and mutual funds. Non-trading fees are also low. On the negative side, fees for mutual funds that aren't free are high.
Pros Cons
Free stock and ETF trading High fees for non-free mutual funds
Some mutual funds and bonds are free
Low non-trading fees
Vanguard vs. E*TRADE: Trading fees
E*TRADE Vanguard
Apple benchmark fee $0.3 $14.3
Vodafone benchmark fee - -
EURUSD benchmark fee - -

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

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Account opening
4.4

Account opening at E*TRADE (only available for US clients) is fully digital and user-friendly, but the account verification process is slow.
Pros Cons
Fully digital Slow account verification
No minimum deposit
User-friendly
Vanguard vs. E*TRADE: Minimum deposit, time to open an account
E*TRADE Vanguard
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in E*TRADE minimum deposit, this overview will help you.

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Deposit and withdrawal
2.2

E*TRADE charges no deposit fees, and transferring money is easy. On the flip side, you can only use bank transfer, and a high fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High fee for wire transfer withdrawal
Vanguard vs. E*TRADE: Withdrawal options
E*TRADE Vanguard
Bank transfer Yes Yes
Credit/debit card No No
Electronic wallets No No
Withdrawal fee $0 $0

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Web trading platform
4.5

E*TRADE has a great, user-friendly web trading platform, offering a clear fee report among others. On the negative side, it cannot be customized.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Web trading platform of E*TRADE, a Vanguard alternative
Vanguard vs. E*TRADE: Trading platform scores
E*TRADE Vanguard
Web platform score 4.5 stars 3.4 stars
Mobile platform score 4.5 stars 4.4 stars
Desktop platform score - -

Learn more about E*TRADE's web trading platform in the detailed E*TRADE review.

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Markets and products
3.1

You can trade plenty of asset classes at E*TRADE from stocks to futures, but only on the US market; in addition, forex trading is not available.
Vanguard vs. E*TRADE: Markets and products
E*TRADE Vanguard
Stock Yes Yes
ETF Yes Yes
Forex No No
Fund Yes Yes
Bond Yes Yes
Options Yes Yes
Futures Yes No
CFD No No
Crypto Yes No

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Verdict

E*TRADE is one of the biggest US stockbrokers, and is regulated by top-tier authorities.

At the end of 2019, riding the commission-free trading trend in the US, E*TRADE introduced zero commission on stock and ETF trades. E*TRADE's research functions are of high quality and channel a lot of tools, including trading ideas and strategy builders. We liked the easy handling and the customizable features of the mobile trading platform.

E*TRADE has some drawbacks though. It doesn't accept credit/debit cards and electronic wallets for money transfers, and its product portfolio covers only US markets. In addition, live chat support is slow.

As trading fees are generally low, research tools are great and no inactivity fee is charged, you should feel free to try E*TRADE.

E*TRADE
Summary E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research and a great mobile trading platform

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Vanguard alternatives
Bottom line

Based on our analysis, there are several good alternatives to Vanguard. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Vanguard alternatives
Broker Info Recommended for
Vanguard US stockbroker Long-term investors who are looking for great ETF and mutual fund offers
Merrill Edge US discount broker Investors and traders who looking for low fees, quick account opening, and simple platforms
Ally Invest US stockbroker Investors and traders looking for low fees and focusing on the US market
Charles Schwab US discount broker Investors and traders looking for solid research, low fees and great customer service
E*TRADE US stockbroker Investors and traders looking for solid research and a great mobile trading platform

Still unsure? Use our broker finder and 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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