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Compare online brokers

Compare online stock brokers plus get tips for beginner traders.

Compare online brokers

You don’t have to be a full-time day-trade warrior to make money buying and selling stocks. You can start with a few dollars and few clicks. The emergence of investing apps has pushed fees down as low as $0, and many of them offer sophisticated tools to help you learn the ropes or reach the next level.

1 - 6 of 6
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.6 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
when you fund a new Active Invest account
Public.com
Finder Score: 4.2 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
5.1%
N/A
2.5% fee applies to all alternative asset transactions.
E*TRADE from Morgan Stanley
Finder Score: 4.2 / 5: ★★★★★
E*TRADE from Morgan Stanley
★★★★★
Stocks, Bonds, Options, Mutual funds, ETFs, CDs, Futures
$0
$0
0.01% to 0.15%
Get up to $1,000
terms apply

when you open and fund an account. Terms apply
E*TRADE offers commission-free stocks, access to mutual funds and advanced trading tools. Other fees apply.
Moomoo
Finder Score: 4.7 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
5.10%
Choose a 1.5% match or 7 free fractional shares
when you open a new account and meet funding requirements
No commission stock and ETF trading, with a chance to get a 1.5% cash reward match or 7 free fractional shares.
Robinhood
Finder Score: 4.4 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
0.01%
Get a free stock
when you successfully sign up and link your bank account.
Trade stocks, options, ETFs and crypto without commissions on a user-friendly platform and earn 0.01% APY on your uninvested cash.
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What is stock trading?

Stock trading is simply the buying and selling of stocks (also known as “shares”) of a specific company in order to make a profit. Think of stocks as small individual pieces of a company. If you own stocks you own part of that company. Stock values change with each sale, depending on whether more people are buying (because they think its price will rise) or selling (because they think it will fall).

How do I make money trading stocks?

Here’s an example: a company is trading at $5 per share on January 1st and you buy 100 shares for a total of $500. By February 1st, the shares are trading at $5.50, so you decide to sell your shares, giving you a 50-cent return on each share for a profit of $50. This also works in the opposite direction: if the stock price was $4.50 when you decide to sell, you’d be losing 50 cents per share for a net loss of $50.

WATCH: How does the stock market work?

Who is most likely to be researching stock trading?

Finder data suggests that men aged 35-44 are most likely to be researching this topic.

ResponseMale (%)Female (%)
65+9.56%5.75%
55-6410.64%6.64%
45-5411.34%7.39%
35-4411.60%7.94%
25-349.74%6.43%
18-248.29%4.69%
Source: Finder sample of 4,560 visitors using demographics data from Google Analytics

How do I start trading on the stock market?

Newbie investor? Never placed a trade before? Don’t worry, it’s never been easier to start trading. You simply choose a stock trading platform, open and fund an account then make your trades. Check out our guide on how to buy stocks online to get started.

Our top picks for online brokers

Top pick for new account bonus

Go to site
Get $100-$5,000
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Get $100-$5,000 when you open an account with $5,000 to $1,000,000+

Best for beginners

Go to site
Commission-free stock trading
  • No-cost financial planning and automated investing
  • $0 commission on stocks, ETFs and options
  • Get up to $1,000 in stock when you fund a new account within 30 days

Our pick for cash sweep

Go to site
Advanced charts and trading tools
  • Trade stocks, ETFs and equity options without commission and $0 option contract fees
  • Earn a 5.1% APY on your uninvested cash
  • Get a 1.5% match in cash on transferred assets up to $300 or 7 fractional shares of "Magnificent 7" stocks worth $5 each

Where do you trade stocks?

Traders buy and sell stocks throughout the trading day on the NYSE and Nasdaq, and other markets around the world. Here are some of the world’s biggest stock markets by market capitalization:

Stock exchangeShort nameMarket capitalization
New York Stock Exchange (US)NYSEUS$25.62 trillion
Nasdaq (US)NASDAQUS$19.51 trillion
Hong Kong ExchangesHKEXUS$6.76 trillion
Shanghai Stock ExchangeSSEUS$6.56 trillion
Japan Exchange GroupJPXUS$6.54 trillion

Here is a map of some of the world’s biggest exchanges

7 tips for beginner investors

  • Know your risk tolerance. Are you ok with taking big risks with potential losses? Your personal risk tolerance should dictate your investment strategy.
  • Do your homework. Research the financial health of companies, review annual reports and follow the news. Get familiar with popular indices like the S&P 500 which give an idea of how the market is performing.
  • Buy what you know. Begin investing in industries and businesses you understand or that produce products that you use everyday.
  • Diversify. Spread your investments across a range of industries. This is called diversification — a fancy way of saying: don’t put all your eggs in one basket. You can be better protected against losses if one particular industry experiences a sharp downturn.
  • Explore blue-chip companies. Blue-chip stocks are America’s biggest, best-established companies. They’re typically a source of reliable returns and minimal risk.
  • Consider index funds. Index funds, like ETFs and mutual funds, offer you a way to invest in multiple companies at once rather than in just one company’s stocks. You invest in the shares of the fund instead of all the individual companies themselves that make up the fund.
  • Practice new strategies. Play stock trading games to master your craft. Or take an online trading course to advance your knowledge about different trading strategies.

Stock trading strategies you should know

Risks of stock trading

  • Losses. No investment is risk-free and any stock, no matter its performance history, carries the risk of loss. Stock prices can fall dramatically and even drop down to zero. This can mean significant financial losses for investors.
  • Time. Online trading can be a time-consuming process — especially when you hand-pick each of the securities in your portfolio. The more active your trading strategy, the more time you’ll need to be ready to invest in monitoring the performance of your stocks and staying abreast of impactful market news.
  • Stress. The stock market is always moving and can be volatile — a significant source of stress for those with investments that hinge on its performance and direction. If you can’t weather the ups and downs, you might be better off pursuing a more passive investment strategy, like a robo-advisor or managed portfolio.
  • Market events. Even after thoroughly researching a company, you can’t predict the future. Natural disasters, terrorist attacks, pandemics, bad company news and even changes in government policy can all occur unexpectedly and adversely affect the price of shares.
  • Lack of expertise. While investing in the stock market sounds easy in theory, it can get quite complicated if you don’t know what you’re doing. First-time investors should exercise caution while building their portfolio.

Will you be investing in stock?

Do you plan to buy stocks in 2023?

Response% of investors
Yes49%
No, other reason3%
No, I'm not optimistic about the market in 202313%
No, I'm just not interested13%
No, I want to buy other investments4%
No, I do not understand stock trading4%
No, I do not have any spare money to invest14%
Source: Finder survey by Qualtrics of 2,033 Americans

Just under half (49%) of American adults said they planned on investing in stocks in 2023. For those that didn’t, not have the spare money to invest was the top reason for not investing at 14%.

Bottom line

Investing in the stock market has never been easier. But before you dive in, make sure you compare trading platforms and carefully research the companies you want to invest in. Get familiar with your personal level of risk tolerance and make sure you diversify your portfolio in order to minimize losses. Ready to begin?

Frequently asked questions about stock trading

Stock trading glossary

More on investing

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Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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