As a new investor, the best trading platform for beginners offers three essential benefits. First, the trading platform is easy to use. Second, the platform provides a variety of educational materials to encourage learning. Third, the best platform provides access to quality market research.
For our 2021 Review, we tested and scored 11 different trading platforms. Focusing on beginners, alongside testing each learning center in-depth, we also checked to see which brokers offer unique features like webinars, live seminars, videos, progress tracking, and even interactive education, e.g., quizzes.
Best Trading Platforms for Beginners 2021
Here are the best online stock trading sites for beginners:
TD Ameritrade – Best overall for beginners
Fidelity – Excellent research and education
Robinhood – Easy to use but no tools
E*TRADE – Best web-based platform
Merrill Edge – Great research tools
TD Ameritrade logo Best overall for beginners
TD Ameritrade delivers $0 trades, fantastic trading platforms, excellent market research, industry-leading education for beginners, and reliable customer service. This outstanding all-around experience makes TD Ameritrade our top overall broker in 2021.
Fidelity logo Excellent research and education
Fidelity is a value-driven online broker offering $0 trades, industry-leading research, excellent trading tools, an easy-to-use mobile app, and comprehensive retirement services. Serving over 32 million customers, Fidelity is a winner for everyday investors.
Robinhood logo Easy to use but no tools
For investors looking to conduct the bare-bones basics, Robinhood gets the job done well. That said, Robinhood provides little to no market research or trading tools to help beginners make informed investing decisions. Read full review
ETRADE logo Best trading platform for beginners
Earning a recommendation based on its trading platform alone, ETRADE is great for any beginner stock trader. Power ETRADE is easy to use and offers features including paper (practice) trading and note-taking. Power E*TRADE is available for both the browser and as a trading app.
Merrill Edge logo Excellent research tools
Merrill Edge offers $0 trades with industry-leading research tools (especially ESG research) and excellent customer service. Better yet, for current Bank of America customers, Merrill Edge’s Preferred Rewards program provides the best rewards of any bank broker we tested in 2021.