Best Stock Trading Apps for Beginners (2026 Ranked)

“Zero commission” is standard now. So how do you choose? We tested Robinhood, Webull, and Fidelity to see which one actually helps you make money (and which one just wants you to gamble).

BMT Product Review Team BMT Product Review Team · 📅 Jan 2026 · ⏱️ 5 min read · INVESTING › REVIEWS
Robinhood
Best UI
For Total NewbiesEasy
Fidelity
Safest
Best ExecutionTrust
Webull
Charts
For Active TradersPro

Head-to-Head Comparison

You don’t pay commissions anymore (thank you, competition). But you do pay in other ways, like data or service.

Feature Robinhood Fidelity Webull
Trade Fee $0 $0 $0
Min Deposit $0 $0 $0
Fractional Shares Yes ($1) Yes ($1) Yes ($5)
Account Types Taxable / IRA All (IRA/HSA/401k) Taxable / IRA
What is PFOF?
Payment For Order Flow. Robinhood and Webull sell your trade data to Wall Street firms. Fidelity does NOT do this for stocks. This means Fidelity often gets you a slightly better price (pennies matter!).
Ease of Use Score
Robinhood 10/10
My grandma could use it.
Fidelity 6/10
Clunky and old school.
Webull 7/10
Too many buttons for newbies.
User TypeBest App
BeginnerRobinhood
Long TermFidelity

The Breakdown

1. Robinhood: The “iPhone” of Investing

It revolutionized the industry. The interface is beautiful, simple, and addictive (be careful with the confetti).
Best For: Buying your first 5 stocks.
Warning: Their customer service is mostly chat bots. Hard to reach a human if things go wrong.

2. Fidelity: The “Adult” in the Room

Fidelity manages trillions of dollars. They aren’t going anywhere. Their app looks like it was made in 2010, but their research tools are world-class.
Best For: Your life savings (Roth IRA) and serious wealth building.

3. Webull: The “Gamer” Choice

If you want to feel like a Wall Street trader with 6 monitors, Webull is for you. It’s free but packed with charts, indicators, and data.
Best For: People who want to trade actively or love analyzing charts.

Pro Tip: Fractional Shares

Think you can’t afford Amazon or NVIDIA because one share costs $1,000+?

The $5 Rule

All three apps allow “Fractional Shares.” This means you can buy a tiny slice of a share. You can invest exactly $5.00 into Amazon.
Strategy: Don’t wait to “save up” for a full share. Just auto-invest $50 every week into the big companies you love.

Frequently Asked Questions

Is my money safe?
Yes. All three are SIPC members. This protects your securities up to $500,000 if the brokerage goes bankrupt. (Note: This does not protect you if your stocks lose value because you made bad picks!).
How do they make money if it’s free?
Robinhood and Webull make money from PFOF (selling data) and “Gold” subscriptions. Fidelity makes money on interest from cash holding and other services. You are the product.