Best stock brokers with no minimum deposit requirement to open an account. No minimum balance amount or initial investment online trading companies.

Ally Invest


Ally Invest rating


  • 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.

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Open an account: Up to $3,500 cash bonus + $0 trades + transfer fee rebate.

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Webull


Webull Rating


  • 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.

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Open an account: Grab your last chance to get a free stock up to $1,600 + acat refund.

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Firstrade


Firstrade rating


  • 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.

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Open an account: $0 fees on all mutual fund, stock, ETF, & option trades.

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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.


Firstrade