finder.com’s rating: 3.8 / 5.0
★★★★★
| Annual Fee | $0 |
|---|---|
| Option trade fee | $0 |
| Available asset types | Stocks, ETFs |
| Account types | Brokerage |
| Account transfer fee | $0 |
| Minimum deposit | $0 |
I like Stockpile. Its commission-free trades and well-reviewed mobile app are attractive perks — but they aren’t really what seals the deal. At least not in my opinion.
No, what makes Stockpile unique is its focus on gifting stocks and custodial accounts. This combination is what makes Stockpile ideal for kids and teens eager to explore the market — under the supervision of a parent or guardian, of course.
The icing on the cake is Stockpile’s superb Trustpilot reputation: 4.3 out of 5 after more than 1,000 customer reviews. Take it from me: that’s an impressive TrustScore. I’ve reviewed over 40 trading platforms, and most score closer to 3.0 — if that.
Investors enjoy Stockpile’s easy-to-use interface and many satisfied parents, grandparents and family members praise its gifting feature. All in all, a solid option for those seeking no-fuss, commission-free trades.
Stockpile only offers access to stocks and ETFs. This limited lineup may not be problematic for newbies exploring the market for the first time — in fact, many investors build diversified portfolios with stocks and ETFs alone. But advanced traders looking to swap derivatives, crypto, forex or mutual funds will need to look elsewhere.
| Fees | ★★★★★4.5/5 | Stocks and ETFs are commission-free, and account fees are on par with competitors. |
| Available securities | ★★★★★ 3/5 | Stockpile only offers access to stocks, bonds and ETFs. |
| Customer support | ★★★★★ 2/5 | Support is only available by email. |
| Mobile app | ★★★★★ 4.6/5 | Both Apple and Google users agree that the app is functional and well-designed. |
| Research and tools | ★★★★★ 3/5 | Its basic research offerings may frustrate advanced traders. |
| Reliability | ★★★★★ 5/5 | No major outages to report. |
To learn how our star ratings are calculated, read the methodology at the bottom of the page.
Stockpile’s educational and low-investment approach makes this brokerage best for:
Stockpile’s commission-free model places it firmly in the camp of beginner-friendly competitors like Robinhood and SoFi. Its platform is free to use, and traders can swap stocks and ETFs without having to worry about commissions eating into their return.
Stockpile imposes no account minimums, and you’re unlikely to encounter any account fees unless you move your portfolio to another broker — in which case, expect to pay $75 for the transfer.
| Stock trading fee | $0 |
| ETF trading fee | $0 |
| Minimum balance requirement | $0 |
| Account transfer fee | $75 |
Sign up online or through the mobile app in seven steps:
Stockpile’s simple research tools may be suitable for beginners, but the platform lacks the robust functionality of better-equipped brokers like Interactive Brokers and TD Ameritrade. Search for stocks or ETFs, review fundamental data and view basic charts, but Stockpile is missing many of the advanced charting tools and indicators active traders rely on.
If you’re set on analyst ratings, real-time streaming data or advanced order types, be prepared to trade elsewhere.
Stockpile has plenty going for it, including commission-free trades, educational content and a well-reviewed mobile app. But it isn’t for everyone — its customer support is limited and it’s missing a number of tradable securities, like mutual funds and derivatives.
If you’re seeking a platform with more to trade, opt for something like Fidelity, which offers stocks, ETFs, bonds, mutual funds, options — even precious metals.
Or perhaps you’re seeking a platform that helps you conduct your own research? In that case, check out TD Ameritrade, which sports some of the most sophisticated research tools on the market.
Either way, you’ll want to carefully compare your brokerage options by platform features, fees and investor feedback.
Stockpile was founded in 2010 and is headquartered in Palo Alto, California. Its not an accredited business with the Better Business Bureau (BBB) and has no complaints to its name on the Consumer Financial Protection Bureau (CFPB).
Stockpile is a registered broker-dealer and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). Investor portfolios are protected up to $500,000, including up to $250,000 for claims for cash.
Investor accounts are protected by 256-bit encryption, and two-factor authentication is available as an added security feature.
As of March 2022, Stockpile reviews are mixed. The platform lacks BBB accreditation and receives a B rating for its lack of responsiveness to customer complaints. It has received 67 BBB complaints in the past three years. Stockpile’s Trustpilot reputation is far more favorable.
| BBB rating | B |
| BBB accredited | No |
| BBB customer rating | 1.36/5 based on 11 customer reviews |
| Trustpilot score | 4.2/5 out of 1,553 customer reviews |
| Google Play app | 4.3/5 stars based on 8,525 reviews |
| Apple app store | 4.7/5 stars based on 54,447 reviews |
| Customer reviews verified as of | March 2022 |
Customers complain of the platform’s slow-to-respond customer support team and delays in éxecuting orders. Positive reviews cite the platform’s easy-to-navigate user interface and e-gift card feature.
There’s only one way to reach Stockpile customer support: email. Send an email to support@stockpile.com for a response within one to two business days.
★★★★★ 5/5 — Excellent
★★★★★ 4/5 — Good
★★★★★ 3/5 — Average
★★★★★ 2/5 — Subpar
★★★★★ 1/5 — Poor
Stockpile is not currently available on Finder
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Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.
Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.
