Best stock brokers with no minimum deposit requirement to open an account. No minimum balance
amount or initial investment online trading companies.
- Stocks & ETFs: $0
- Options: $0.50 per contract
- Mutual Funds: $9.95
Ally Invest offers the lowest trading commissions among major brokerages and the
broker does not require
a minimum deposit to open either a regular brokerage or an IRA account.
In addition to low trading fees, Ally Invest offers a wide selection of mutual funds, free dividend reinvestment plans,
advanced trading tools and exceptional customer service.
Moreover, the company runs a unique limited-time offer, which is a bonus of up to $3,500 in commissions to all clients who open and fund an account.
Read Ally Invest Review »
Open an account:
Up to $3,500 cash bonus + $0 trades + transfer fee rebate.
Open Ally Invest Account
- Stocks & ETFs: $0
- Options: $0 per contract
- Mutual Funds: n/a
Investors can open an account at Webull and explore all tools of the innovative broker with no
minimum requirements. The company offers a virtual trading account that lets you practice investing risk-free
with make pretend money.
The broker's trading platform has a clean design, lots of visual information, step-by-step
instructions and descriptions, and is very simple to use for investors of any experience level.
Read Webull Review »
Open an account:
Grab your last chance to get a free stock up to $1,600 + acat refund.
Open WeBull Account
- Stocks & ETFs: $0
- Options: $0
- Mutual Funds: $0
Firstrade offers good securities trading services with the lowest commission among
no minimum deposit brokers of $0 per trade.
All ETFs at the company can be traded without commission. Mutual funds at Firstrade also have the lowest pricing in the industry of
$0 per transaction.
The broker doesn't have a stand-alone trading platform, which may disappoint some investors. Nevertheless, Firstrade's website is
beautifully designed and very easy to use. Mobile applications are available for trading on the go.
Read Firstrade Brokerage Review »
Open an account: $0 fees on all mutual fund, stock, ETF, & option trades.
Open Firstrade Account
No Minimum Deposit or Account Balance Brokers
Some brokerage companies have very high minimum initial deposit and balance requirements. For instance, Fidelity requires a $2,500 minimum deposit
to open a new brokerage account. TradeStation requires $5,000 for non-daytraders and $25,000 for day-traders to start trading. At Lightspeed
initial minimum deposit is as high as $10,000 and minimum account balance must be at least $2,000!
On the other hand, brokerage firms with no minimum initial deposit requirements are a great way to start investing without making any serious commitment.
Anyone who has only a small amount to invest will really benefit from doing business with one of the above investment companies.
The no deposit requirement brokers are an excellent option for both tech-savvy traders and beginning investors to take a look at brokers' trading and
research tools without funding their accounts. In addition, virtual trading platforms are available at no cost at some firms.
It's a great opportunity to learn and test first-hand how trading platforms work.
If you plan to make a big investment deposit and have a large account balance, you will get great benefits at each firm above. Just open an account with $0 down, see how
you like what the firm has to offer, and then make a deposit shortly after to receive a special free trades or a cash bonus.
