Best Free Stock Trading Apps 2026

Commission-free trading is now the standard, not the exception. But 'free' doesn't mean equal — the best free trading apps offer professional-grade tools, real-time data, and advanced order types that used to cost hundreds per month. Here are the free trading apps that give you the most without charging you anything.

Quick Comparison

Broker	Rating	Commissions	Min. Deposit	Best For
Webull	4.5★	Free	$0	Active traders wanting free commissions,...	Get Free Stocks on Webull →
moomoo	4.4★	Free	$0	Research-focused traders, fundamental an...	Get Free Stocks on moomoo →
Robinhood	4.1★	Free	$0	New investors, simplicity seekers, stock...	Get Free Stock on Robinhood →

Detailed Reviews

Webull General Trading

Commission-free trading with professional-grade tools

4.5 ★★★★½

Webull offers truly commission-free trading across stocks, ETFs, and options — with a professional-grade charting platform that rivals tools costing hundreds per month. It's the best free alternative to paid platforms.

CommissionsCommission-free stocks, ETFs, options

Min Deposit$0

✅ Pros

+ Fully commission-free including options

+ Advanced charting with 50+ technical indicators

+ Extended hours trading 4am–8pm ET

+ Paper trading mode for practice

⚠️ Cons

− No mutual funds or OTC stocks

− Customer support can be slow

− No automated investing or robo-advisor

− Options analysis tools lag behind Tastytrade

moomoo General Trading

Professional trading tools, institutional-grade data, zero commissions

4.4 ★★★★☆

moomoo gives retail traders access to institutional-grade data and analytics for free — Level 2 quotes, earnings transcripts, short interest data, and professional charting tools that typically cost hundreds per month elsewhere.

CommissionsCommission-free stocks and ETFs

Min Deposit$0

✅ Pros

+ Institutional-level Level 2 data free for all users

+ Detailed earnings call transcripts and financials

+ Strong paper trading and backtesting

+ Active community with trade ideas

⚠️ Cons

− Options commissions ($0.65/contract) trail Webull

− Owned by Futu Holdings (Chinese company) — some users cautious

− Smaller track record than established US brokers

− Limited retirement account options

Robinhood Beginner Friendly

The app that made investing accessible — now with more features

4.1 ★★★★☆

Robinhood pioneered commission-free investing and remains the most beginner-accessible trading platform available. The clean interface, fractional shares, and integrated crypto make it the best entry point for new investors.

CommissionsCommission-free. Gold at $5/mo

Min Deposit$0

✅ Pros

+ Cleanest, most beginner-friendly interface

+ Fractional shares from $1

+ Robinhood Gold: 4.9% APY on uninvested cash

+ Crypto trading integrated alongside stocks

⚠️ Cons

− Options tools are basic vs. Tastytrade or Webull

− Payment for order flow controversies

− No retirement accounts on basic plan

− Limited research and fundamental data

Frequently Asked Questions

Are free trading apps safe?

Yes — the major free trading apps (Webull, Robinhood, moomoo) are all regulated by FINRA and member of SIPC, which insures your account up to $500,000 in securities and $250,000 in cash. They make money through payment for order flow and cash sweep programs, not by charging commissions.

What's the catch with commission-free trading?

Payment for order flow (PFOF) is how most free brokers profit — they route your orders to market makers who pay a small rebate. Critics argue this can result in slightly worse execution prices. In practice, for retail investors trading less than 1,000 shares, the difference is negligible and commission savings far outweigh any execution quality differences.

Which free trading app is best for options?

Webull offers zero commissions including zero per-contract fees on options — making it the cheapest free options trading app. moomoo charges $0.65/contract but includes superior research data. For pure cost minimization on options, Webull wins.