8 Best Online Stock Brokers for Beginners of December 2019

When you’re a beginner investor, the right brokerage account can be so much more than simply a platform for placing trades. It can help you build a solid investing foundation — functioning as a teacher, advisor and investment analyst — and serve as a lifelong portfolio co-pilot as your skills and strategy mature.

What are stock brokers?

Stock brokers are people or firms licensed to buy and sell stocks and other securities via the stock market exchanges. Back in the day, the only way for individuals to invest directly in stocks was to hire stock brokers to place trades on their behalf. But what was once a clunky, costly transaction conducted via landline telephones now takes place online in seconds, for a fraction of what full-service brokers used to charge for the service. Today, most investors place their trades through an online brokerage account.

Summary of Best High-Yield Online Savings Accounts of December 2019

Broker Best For Commissions Promotion Account Minimum Learn More
Merriel Edge
No Account Minimum, Education % 2.95 300
$0 online stock and ETF trades, no minimum deposit required
0 Open Account
on Merrill Edge's website