Best TD Ameritrade Alternatives in 2026

• Commission-free stocks, ETFs, options and crypto
• User-friendly interface
• Fractional-share trading

Commission-free trading is table stakes across the industry now, but Robinhood has kept growing anyway: the platform reported 28.5 million funded customers as of July 2026. Instant deposits give investors immediate cash to invest, and fractional shares let investors buy stocks and crypto with as little as $1.

Robinhood Gold, the platform's paid tier, costs $5 a month or $50 a year and adds margin investing, Level II market data, Cortex (Robinhood's AI research assistant), a 3% IRA contribution match and a higher APY on uninvested cash. Active traders get real tools now too, through the free Robinhood Legend platform: 90-plus technical indicators, up to eight charts at once and a scanner with 60-plus fundamental and technical filters. Robinhood still doesn't offer mutual funds or forex trading.

• More details

  Available asset types	Stocks, Options, ETFs, Cryptocurrency, Futures, Event contracts, High-yield cash account
  Account types	Brokerage
  Annual fee	$0 per year
  Minimum deposit	$0
  Signup bonus	N/A
  Cash sweep APY	3.35%

• Advanced traders
• Investors who want access to global markets
• Investors who want access to a wide variety of securities

IBKR splits its offering into two tiers. IBKR Lite gives US retail investors commission-free trades on US-listed stocks and ETFs, with no account minimum. IBKR Pro uses tiered or fixed per-share commissions in exchange for advanced order routing, deeper market access and the full Trader Workstation platform, which supports 90-plus order types and algorithmic trading tools.

IBKR should give the experienced, active investor much to work with, which should feel familiar to former TD Ameritrade customers or anyone coming from another advanced trading platform. But depending on skill level, IBKR Pro's tiered fee structure and dense interface can be overwhelming for beginners, who are generally better served by IBKR Lite.

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  Available asset types	Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Futures, Forex, Treasury Bills, Precious metals
  Account types	Brokerage
  Annual fee	$0 per year
  Minimum deposit	$0
  Signup bonus	N/A
  Cash sweep APY	2.14%

• Fractional share trading
• Automated investing

Like other discount brokers, SoFi lets you trade stocks and ETFs commission-free, with no account minimum. Fractional shares start at $5. SoFi's automated investing account, or robo-advisor, carries a $50 minimum and a 0.25% annual advisory fee.

SoFi Bank relaunched crypto trading in November 2025, becoming the first nationally chartered US bank to offer it directly inside its banking app, so crypto is now part of the broader SoFi ecosystem. SoFi Invest still doesn't offer futures or forex trading.

• More details

  Available asset types	Stocks, Options, Mutual funds, ETFs, Alternatives
  Account types	Brokerage
  Annual fee	$0 per month
  Minimum deposit	$0
  Signup bonus	Get up to $1,000 in stock
  Cash sweep APY	0.01%

• Partner terms and conditions

  INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
  
  Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees.
  
  Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA (www.finra.org) /SIPC(www.sipc.org).
  
  There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
  
  Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options
  
  Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information
  
  SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth's advisory operations, services, and fees is set forth in SoFi Wealth's current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.
  
  The probability of a member receiving $1,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts.
  
  Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link See full terms and For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions.
  
  Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers
  
  SoFi will match 1% of a customer's ACAT transfers, up to $5,000,000 into an existing or newly opened SoFi self-directed individual retirement account (IRA) or SoFi self-directed taxable account during the Offer Period of Sept 10- Sept 30, 2026. The transferred assets must be settled before the end of the Offer Period to qualify for the match and must be maintained in the account for five years. For the full terms and conditions, please visit SoFi.com/ACATterms.

• Fractional share trading
• Robust research tools
• No minimum and expense-ratio-free index funds

Fidelity offers fractional share trading on more than 7,000 US stocks and ETFs, starting at $1, and its zero-expense-ratio index funds remain unique in the industry. Fidelity Crypto lets customers buy, sell and transfer bitcoin, ether and other coins directly in the same app as their stocks and ETFs, though availability still varies by state.

Fidelity clients can invest on their own or open an account with Fidelity Go, the firm's robo-advisor. Fidelity Go charges no advisory fee on balances under $25,000, and 0.35% annually above that.

Investors should find Fidelity's library of research tools a natural fit, including stock and ETF screeners and access to third-party research providers alongside Fidelity's own analysis.

• More details

  Available asset types	Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Gold/Commodities, CDs, Treasury Bills
  Account types	Brokerage, IRA, Custodial, Joint brokerage, Trust
  Annual fee	$0 per year
  Minimum deposit	$0
  Signup bonus	N/A
  Cash sweep APY	3.28%

• Its large selection of quality ETFs and mutual funds
• Its long-term investment options
• Its low-fee index funds

As a leader in low-cost investing, Vanguard is an ideal choice for the buy-and-hold investor. Active traders can also benefit from commission-free stock and ETF trading, though Vanguard doesn't offer fractional shares of individual stocks.

Vanguard's robo-advisor, Vanguard Digital Advisor, now requires just a $100 minimum to enroll and charges a net advisory fee of roughly 0.15% a year, with the first 90 days free. Most Vanguard mutual funds still require a $3,000 minimum, though Vanguard's own ETF equivalents (like VTI) carry no such minimum beyond the cost of one share.

Active investors may still want more than Vanguard offers on the research and charting side, where it continues to lag behind competitors.

• More details

  Available asset types	Stocks, Options, Mutual funds, ETFs
  Account types	Brokerage, IRA, Education (529), Custodial, Trust
  Annual fee	$20 per year
  Minimum deposit	$0
  Signup bonus	N/A
  Cash sweep APY	3.35%