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#1

SoFi

$0 per trade

$0 minimum balance

Easy-to-use platform, great customer service, offers automated investing and rebalancing options, well-suited for entry-mid level investors

#2

Robinhood

$0 per trade

$0 minimum balance

Phone app is easy, quick to use for trades or just checking your investments, targeted towards entry-mid level investors, automated investing options, full suite of stocks, ETFs, options, and cryptocurrency trading capabilities (not offered by most trading platforms)

#3

Ally

$0 per trade

$0 minimum balance

Attractive online platform, enticing extras like automated portfolio management and foreign exchange trading, savings account add-ons, and more.

#4

J.P. Morgan

$0 per trade

$0 minimum balance

Best all around financial platform to combine investing, banking, credit cards, etc., easy cash transfers between accounts, easy to navigate investing platform; lacking in extra add-ons and research for advanced investors 

#5

Charles Schwab

$0 per trade

$0 minimum balance

Great customer service, tools and research, new customizable trading experience on two trading platforms; phone app a little lacking

#6

Etrade

$0 per trade

$0 minimum balance

One of first platforms still offerring great services for investors of all levels, good research capabilities and deep set of available securities to trade

Best Online Accounts for IRAs

We ranked our top Online Accounts for IRAs based on a variety of factors and experiences. They all provide effective services and you cannot go wrong with any of these platforms. The most important action from you is to start-up an account now (or try a couple!) that best fits your need to save big for retirement!

Trading Platform

Fees

Account minimum

Key Takeaways

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