Minimum Deposit

Compare Minimum Deposit

Rich Uncles

Minimum Deposit:
- $5 for Student Housing REIT
- $500 for National REIT

Robinhood

Minimum Deposit: $0

Pros:

Commission-free trades
No minimum
Extended trading hours

Cons:

Limited research
No mutual funds & bonds

Our Review: (4.1) Robinhood lets you trade stocks commission-free and has no account minimums. Is it safe? Are there hidden fees? Read on for the pros and cons... Read full review

Acorns

Minimum Deposit: $0

Pros:

No minimum to open account
Invest with spare change
Cash-back program

Cons:

Fees are high for small balances
No tax benefits
Limited investment options

Our Review: (4.1) Acorns automatically invests your spare change. But can it help make you money? Find out if this app is safe and legit... Read full review

Ally Invest offers some of the lowest fees among online brokerages. It has a wide product variety, a great trading platform, and great research tools. Before you go with Ally, though, find out how Ally Invest works to find out if it's the best discount broker for you... Read full review

Betterment

Minimum Deposit: $0

Pros:

No minimum investment
Customized portfolios
Automatically invest extra funds

Cons:

Limited investment options
High fees for large investors

Our Review: (4.1) Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better... Read full review

TD Ameritrade

Minimum Deposit: $0

Gemini

Minimum Deposit: $0

Webull

Minimum Deposit: $0

Pros:

No trade fees
Advanced research tools
Extended trading hours
Offers fractional shares

Cons:

Not beginner friendly

Our Review: (4.2) Webull offers $0 trades for stocks, ETFs, and options. But it's not perfect. Find out if Webull fits your investing needs... Read full review

Public.com

Minimum Deposit: $0

TradeStation

Minimum Deposit: $0

Blooom

Minimum Deposit: $0

Charles Schwab

Minimum Deposit: $0

Pros:

Vast selection of commission-free ETFs and mutual funds
2 platforms (one for beginners and one for advanced traders)
24/7 customer service including online chat

Cons:

Commission costs on mutual funds outside of the commission-free funds
Robo-advisor option requires a minimum investment of $5,000

Our Review: (4.2) Charles Schwab is one of the oldest names in the world of investing. With low fees, no account minimums, and robust research tools, it's a good brokerage for all levels of investors... Read full review

Choice IRA

Minimum Deposit: $0

Pros:

No minimums
$0 monthly fee option
A range of assets

Cons:

Limited research tools

Our Review: (3.8) Choice IRA offers an all-in-one IRA for investors who want a lot of diversity in their retirement portfolio. But is it the right IRA for you?... Read full review

Digit

Minimum Deposit: $0

E*TRADE

Minimum Deposit: $0 for self-directed brokerage accounts; Managed portfolios start at $500 minimum

Pros:

Expansive set of resources and tools
Easy to use website
Industry leader

Cons:

Trade fees

Our Review: (4.2) E*TRADE is a highly well-known name, but does that mean it is better than its competitors? Read our in-depth review and see how it compares... Read full review

Ellevest

Minimum Deposit: $0 for all membership tiers

Fidelity

Minimum Deposit: $0

Pros:

$0 monthly service fee
No minimum balance
Free debit card

Cons:

Relatively low APY
Few physical branches

Our Review: (4.0) Fidelity boasts an all-around account with no fees and a decent APY. But there's even more to discover. Keep reading... Read full review

Interactive Brokers

Minimum Deposit: $0

Pros:

Large number of investments, including options, futures, and forex
Customize trading platform
Tools and opportunities for research

Cons:

Platform can be too much for a beginner to understand
Complicated pricing structure

Our Review: (4.3) Interactive Brokers offers a robust trading platform that experienced traders favor due to its competitive fee structure and extensive range of trading options... Read full review

J.P. Morgan Wealth Management

Minimum Deposit: $0

Merrill Edge

Minimum Deposit: $0

Moomoo

Minimum Deposit: $0

Pros:

Commission-free trading
Free paper trading
Access to Hong Kong and Chinese investments

Cons:

May be overwhelming for beginners
No forex, bonds, mutual funds, or crypto

Our Review: (4.4) Moomoo can help you invest your money in U.S. and international markets. But will it suit the way you like to trade?... Read full review

NinjaTrader

Minimum Deposit: $0

Pros:

Low trading fees
No minimum deposit
Available training opportunities

Cons:

Limited available market
Lifetime plan required for lowest trading fees

Our Review: (4.5) NinjaTrader stands out as a robust trading platform for futures and forex. But is it right for you? Read on to find out... Read full review

OANDA

Minimum Deposit: $0

Pros:

$0 minimum
Exceptional customer service
User-friendly platform

Cons:

Only 1:50 leverage
Slow withdrawal processing
Incomprehensive educational videos

Our Review: (4.3) OANDA is one of the leading forex and CFD trading providers. But what does it offer? Read on to discover how OANDA elevates your trading journey... Read full review

Rize

Minimum Deposit: $0

tastytrade

Minimum Deposit: $0

Tradovate

Minimum Deposit: $0

Vanguard

Minimum Deposit: $0

WealthSimple

Minimum Deposit: $0

Crypto.com

Minimum Deposit: $1

Greenlight

Minimum Deposit: $1

Pros:

Great parental controls
Teaches money management for kids
Excellent education and savings tools

Cons:

Can't deposit physical cash
Difficult to close account

Our Review: (4.0) Looking to teach your kids or tweens how banks and debit cards really work? Greenlight may be for you. Learn the pros, cons, fees, and more in this review... Read full review

Stash

Minimum Deposit: $1

Pros:

Guidance for beginners
Automatically save and invest through round-ups and recurring transfers

Cons:

Fees are high for small balances
High ETF expense ratio
Limited research

Our Review: (3.8) Can Stash help make you money? Find out if the investing app is legit and how it compares to apps like Acorns and Robinhood... Read full review

Coinbase

Minimum Deposit: $2

Alto

Minimum Deposit: $10

Pros:

75+ partners for alternative assets
Transparent low pricing
200+ cryptos
$10 minimum

Cons:

Partners are not vetted
No solo 401k

Our Review: (3.9) Alto IRA is a self-directed retirement account that allows users to invest in a range of unique assets. But is it legit? Keep reading to find out... Read full review

Fundrise

Minimum Deposit: $10

Pros:

Just $10 to start
Strong past performance
Passive investing

Cons:

Illiquid investment
Unknown future returns

Our Review: (4.0) Fundrise lets you invest in real estate with just $10. But is it any good? Find out in this review if it's worth it and legit... Read full review

Uphold

Minimum Deposit: $10

Pros:

Trade between assets classes
$10 minimum
184 countries

Cons:

Trading fees can be higher

Our Review: (4.0) Uphold's motto is you can trade "Anything to Anything" — from crypto to gold and forex. But are they legit? Read this review to learn more... Read full review

Binance

Minimum Deposit: $0 ($10 Trade Minimum)

Kraken

Minimum Deposit: $10

Pros:

Advance market interface
Many trading pairs

Cons:

Not beginner friendly
Difficult to fund account

Our Review: (3.9) Kraken is a cryptocurrency exchange with a reputation for low fees and high security. How do they compare to their competitors? Read on to find out... Read full review

Qapital

Minimum Deposit: $10

eToro

Minimum Deposit: $100 ($200 to start copy trading)

Pros:

Copy actions of top traders
Virtual practice account

Cons:

Slow customer service response time

Our Review: (3.8) eToro is a stock and crypto exchange known for its CopyTrading feature. Find out if it's worth the fees and how it compares to other platforms... Read full review

GROUNDFLOOR

Minimum Deposit: $100

Pros:

High historical returns
$100 minimum
Automatic diversification

Cons:

Risk of default
Management fee

Our Review: (4.2) At Groundfloor, you can earn up to 10% annually from short-term real estate investments. Plus, you only need $100 to start. Read on... Read full review

M1 Finance

Minimum Deposit: $100 ($500 for IRAs, $5,000 for Trust Account)

Pros:

Choose your own investments
Can invest in individual stocks
Morning and afternoon trade windows

Cons:

No research
No human advisors
Platform fee

Our Review: (3.9) Is M1 Finance legitimate and safe? Find out the pros, cons, fees, and more. An essential read for beginners interested in M1 Finance... Read full review

Arrived Homes

Minimum Deposit: $100

Pros:

$100 minimum
Earn monthly rental income
Invest in individual homes

Cons:

Illiquid investment
No dividend reinvesting yet

Our Review: (3.9) You can now co-own rental properties with just $100, thanks to Arrived. But should you do so? Read on... Read full review

Coinmama

Minimum Deposit: $100 to Buy or Sell

Forex.com

Minimum Deposit: $100

Pros:

Wide range of offerings
No withdrawal fee
Rebates for active traders

Cons:

Inactivity fees
No fundamental data
Slow email response

Our Review: (3.9) FOREX.com is one of the leading forex brokers in the US. But is it the right broker for you? Read on to find out... Read full review

Titan

Minimum Deposit: $100

DiversyFund

Minimum Deposit: $500

Pros:

Only $500 to start
No platform fees
No income requirements

Cons:

No early withdrawals
5 year investment
Cannot cash out dividends

Our Review: (3.6) DiversyFund lets you invest in real estate with $500. But how does it work? Find out the pros and cons, and if it's better than Fundrise... Read full review

Masterworks

Minimum Deposit: $500 - $1,000

Percent

Minimum Deposit: $500

Pros:

High returns
Short holding period
Intuitive platform

Cons:

High risk
Complex asset
Accredited investors only

Our Review: (4.1) You can earn money in most alternative assets, but it's often locked in for years. Percent offers a faster option with the same returns... Read full review

Wealthfront

Minimum Deposit: $500

Pros:

Minimal opening deposit & fees
Advanced goal tracker
Tax loss harvesting

Cons:

No human advisors
No fractional shares

Our Review: (4.0) Wealthfront simplifies long-term, low-cost investing with a diversified portfolio. But is it safe? Read on to learn if Wealthfront is worth it... Read full review

iTrustCapital

Minimum Deposit: $1,000

Pros:

Tax-free or tax-deferred trading
Low trading fees
No monthly fees

Cons:

Limited research tools

Our Review: (4.0) iTrustCapital is a self-directed IRA provider that lets you trade in cryptocurrencies and precious metals. Is it a legit option for your retirement account?... Read full review

Streitwise

Minimum Deposit: $1,000

SigFig

Minimum Deposit: $2,000

ZacksTrade

Minimum Deposit: $2,500

Bitcoin IRA

Minimum Deposit: $3,000

BitIRA

Minimum Deposit: $5,000

Charles Schwab Intelligent Portfolio

Minimum Deposit: $5,000

EquityMultiple

Minimum Deposit: Typically between $10,000 – $30,000, but can be as low as $5,000

RealtyMogul

offers real estate investment opportunities to both accredited and non-accredited investors. Accredited investors have access to private placements, while everyone is eligible to invest in their REIT offerings with a minimum of $5,000.

Minimum Deposit: $5,000 for REITs; $25,000 for individual deals

Yieldstreet

Minimum Deposit: $10,000 minimum for the Alternative Income Fund; Individual investment offerings typically starts at $10,000

Pros:

Alternative assets
$10,000 minimum for Alternative Income Fund
Reasonable 1-2% annual fee

Cons:

Illiquid investment
Most offerings only for accredited investors

Our Review: (3.1) Yieldstreet gives everyday investors access to alternative investments in non-traditional assets. But are they safe to invest with? And what will it cost you?... Read full review

AcreTrader

Minimum Deposit: $15,000 - $30,000 for most offerings

Pros:

Low fees
Strong underwriting
Low historical volatility

Cons:

Accredited investors only
At least $10,000 minimum
5-20 year investment

Our Review: (3.3) AcreTrader offers passive investment in farmland. While this is a safer investment with steady returns, it won't be for everyone. Read on... Read full review

FarmTogether

Minimum Deposit: $15,000 - $50,000

Pros:

Able to choose investments
Low investment minimum
Low fees

Cons:

Accredited investors only
Low liquidity
Some risks with asset class

Our Review: (3.3) Want steady returns even when stocks are volatile? If so, consider farmland investing with FarmTogether. Discover the pros and cons in this review... Read full review

CrowdStreet

Minimum Deposit: $25,000

Pros:

Above average returns
Low fees
Well-vetted properties

Cons:

No option for early redemption
High minimums
Accredited investors only

Our Review: (3.0) Looking to diversify and boost returns with commercial real estate investing? With above 19% returns, CrowdStreet might be just what you need... Read full review

Vanguard Personal Advisor

Minimum Deposit: $50,000

Pros:

Professionally managed by human advisors
Low annual fee
Backed by prestigious brand

Cons:

High minimum investment
Extra transaction fees
No continuous tax loss harvesting

Our Review: (3.6) Typically, robo-advisors mean strictly online portfolio management with no human interaction. Vanguard Personal Advisor Services set out to be the face of change by combining the two services. Is it all it's cracked up to be?... Read full review

Empower

Minimum Deposit: $100,000

Pros:

Retirement planner
Free portfolio advice
Robo plus human advisors

Cons:

$100,000 min for advisory service
Higher fees than competitors

Our Review: (4.6) Empower offers wealth management services and free financial tools. But is it legit? Find out if this robo advisory service is right for you... Read full review

Rebalance IRA

Minimum Deposit: $100,000

Roofstock

Minimum Deposit: House down payment usually requires at least 20% of purchase price

Minimum Deposit

Compare Minimum Deposit

You might also be interested in