Best Brokers in USA 2025

SEC-regulated brokers serving US residents with commission-free trading.

How We Picked

We evaluated SEC/FINRA regulation, US market access, commission structure, and platform quality for American investors.

Editor's Picks

Our top recommendations based on thorough testing

Professional traders

Interactive Brokers

Industry-leading pricing and global market access from the US

View review
Beginners

Robinhood

Zero commission, no minimum deposit, simple mobile app

View review
Social trading

eToro

Copy trading available to US users (limited products)

View review

Comparison Table

BrokerSafetyFeesMin depositPlatformsAssetsRegulation
Interactive BrokersCheck0.1+ pips on major FX pairs (interbank spreads)$0–$100Trader Workstation (TWS), IBKR Mobile, Web, API
RobinhoodCheckNot applicable (commission-free model)$0–$100Mobile (iOS/Android), Web
eToroCheckVariable; wider than specialists on FX (1.0+ pips on EUR/USD typical)$0–$100Web, Mobile, eToro App

Mini Reviews

Interactive Brokers

Who it’s for: Active traders and investors who need global market access, advanced tools, and institutional-level pricing.

Pros

  • Access to 150+ markets worldwide
  • Extremely competitive pricing and low margin rates

Cons

  • Complex platform may overwhelm beginners
  • Inactivity fee ($20/month if equity under $100k, waived for certain accounts)

Robinhood

Who it’s for: US-based beginner investors who want simple, commission-free stock and crypto trading via mobile.

Pros

  • Zero commission on stocks, ETFs, options, and crypto
  • No minimum deposit requirement

Cons

  • Only available in USA
  • Limited research and educational resources

eToro

Who it’s for: Beginners and social traders who want to copy experienced investors; also suitable for stock investors.

Pros

  • CopyTrader feature lets you automatically copy successful traders
  • Large social community with trader stats and sentiment data

Cons

  • Wider spreads on forex compared to specialist brokers
  • $5 withdrawal fee on every withdrawal

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Frequently Asked Questions

Are these brokers SIPC insured?
Yes, US-registered brokers offer SIPC insurance protecting securities up to $500,000 (including $250,000 cash).
Can US residents trade forex?
Yes, but forex brokers serving US clients must be registered with CFTC and NFA. Options are limited compared to international markets.
What about crypto trading?
Many US brokers now offer crypto trading. Robinhood and Interactive Brokers both support cryptocurrency investing.
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