Online brokers with no minimum deposit to open an account. Lowest balance, zero ($0) down initial investment stock trading companies.
- Stocks & ETFs: $4.95 ($3.95 if 30+ trades in 90 days or $100K account balances)
- Options: $4.95 + $0.65 per contract ($3.95 + $0.50 per contract for 30+ trades in 90 days or $100K account balances)
- 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 + commission free trades for new accounts.
Open Ally Invest Account
- Stocks & ETFs: $6.95
- Options: $6.95 + $0.75 per contract
- Mutual Funds: $49.99
At TD Ameritrade the minimum deposit to open a regular brokerage account is zero. However, TD Ameritrade requires a $2,000 initial investment for IRAs.
TD Ameritrade is one of the largest and most trusted U.S. brokerage firms, with a long history in the industry.
Stock trades at $6.95 per trade are a reasonable for a serious investor. Investors who want the backing of a large financial institution will
find TD Ameritrade to be a great fit.
The broker offers in-person guidance at its local offices, which is a great benefit to customers who prefer a personal touch.
Additionally, having great banking products such as checking accounts and credit cards with your brokerage company is always nice.
Read TD Ameritrade Review »
Open an account: Trade free for 60 days + get up to $600.
Open TD Ameritrade Account
- Motif (up to 30 Stocks/ETFs) $9.95 per trade
- Stocks & ETFs within Motif: $4.95 per stock/ETF
- Stocks & ETFs outside Motif: $4.95 per stock/ETF
Investors can open an account at Motif Investing and explore all tools of the innovative broker with no initial deposit.
A minimum amount of $250 is required to start investing with the company.
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 Motif Investing Review »
- 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 commissions + up to $200 in transfer fee rebates.
Open Firstrade Account
No Minimum Deposit or Account Balance Brokers
Some brokerage companies have very high initial deposit and balance requirements. For instance, Fidelity and Scottrade require 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 Interactive
Brokers initial 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 no deposit investment companies.
The no deposit brokers are an excellent option for both the 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 from one of the above firms. 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.