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-…

Last reviewed Feb 2026 Reviewed by the Option Stack editorial team

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

Advertiser disclosure: We may earn commissions when you open accounts through our links.
Broker Rating Commissions Min. Deposit Best For
Webull 4.5 Free $0 Active traders wanting free commissions Open Account →
moomoo 4.4 Free $0 Research-focused traders Open Account →
Robinhood 4.1 Free $0 New investors Open Account →

In-Depth Reviews

#1
WebullW
Webull General Trading Last reviewed Feb 2026
4.5 / 5
Best for: Active traders wanting free commissions

Webull delivers professional-grade charting and zero-commission options trading in one polished app. For cost-conscious traders who want real tools without the price tag, it's hard to beat.

Min. Deposit $0
Commission Free
Options Fee Zero commissions on stocks, ET
Regulated By FINRA
What stands out
Fully commission-free including options
Advanced charting with 50+ technical indicators
Extended hours trading 4am–8pm ET
Watch out for
No mutual funds or OTC stocks
Customer support can be slow
No automated investing or robo-advisor
#2
moomooM
moomoo General Trading Last reviewed Feb 2026
4.4 / 5
Best for: Research-focused traders

moomoo gives you institutional-quality Level 2 data and deep fundamental analysis for free — something competitors charge $30-50/month for. It's the data nerd's choice.

Min. Deposit $0
Commission Free
Options Fee Zero commissions on US stocks
Regulated By FINRA
What stands out
Institutional-level Level 2 data free for all users
Detailed earnings call transcripts and financials
Strong paper trading and backtesting
Watch out for
Options commissions ($0.65/contract) trail Webull
Owned by Futu Holdings (Chinese company) — some users cautious
Smaller track record than established US brokers
#3
RobinhoodR
Robinhood Beginner Friendly Last reviewed Feb 2026
4.1 / 5
Best for: New investors

Robinhood democratized investing and still has the cleanest, most accessible interface available. It's the right first platform — and a natural stepping stone to more powerful tools as you grow.

Min. Deposit $0
Commission Free
Options Fee Commission-free stocks, ETFs,
Regulated By FINRA
What stands out
Cleanest, most beginner-friendly interface
Fractional shares from $1
Robinhood Gold: 4.9% APY on uninvested cash
Watch out for
Options tools are basic vs. Tastytrade or Webull
Payment for order flow controversies
No retirement accounts on basic plan

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.
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