{"id":3266,"date":"2022-11-16T16:55:51","date_gmt":"2022-11-16T16:55:51","guid":{"rendered":"https:\/\/www.wallstreetzen.com\/blog\/?p=3266"},"modified":"2024-08-12T18:29:39","modified_gmt":"2024-08-12T18:29:39","slug":"best-etf-brokerages","status":"publish","type":"post","link":"https:\/\/www.wallstreetzen.com\/blog\/best-etf-brokerages\/","title":{"rendered":"7 Best ETF Brokerages to Buy ETFs in April 2026"},"content":{"rendered":"\n

An ETF (exchange-traded fund) is a basket of stocks that trade on exchanges like stocks (unlike mutual funds, which trade only at the end of each day and are not exchange-listed). ETFs are one of the most popular ways for investors to diversify their portfolios and invest in a particular index, sector, country, or theme.<\/p>\n\n\n\n

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We won’t keep you in suspense. The best brokerage to buy ETFs is eToro<\/a>.<\/p>\n

It has everything an ETF investor needs: You can invest in over 200 different ETFs … You can also use the platform to research ETFs, set alerts, create watchlists, and more.<\/p>\n

Plus, with eToro\u2019s fractional shares, you can start investing with as little as $10 – no need to buy an entire share.<\/p>\n

eToro is also a social trading platform \u2014 so it’s easy to see what other traders and investors are saying about ETFs you’re interested in.<\/p>\n

Keep reading for the full list of the top ETF brokerages below.<\/p>\n<\/div>\n <\/div>\n\n\n

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.<\/p>\r\n<\/div><\/div>\n\n\n

Personally, I own the Fidelity MSCI Utilities Index ETF ($FUTY) to get diversified exposure to utility stocks and a few country-specific ETFs to gain exposure to emerging markets.<\/p>\n\n\n\n

In addition to choosing which ETFs to buy, you need to also choose which brokerage to buy them on.<\/p>\n\n\n\n

Not all brokerages allow you to purchase ETFs, and the ones that do aren\u2019t made the same – some are faster and more user-friendly than others.<\/p>\n\n\n\n

It\u2019s also nice to have research tools, educational resources, and other features at your disposal.<\/p>\n\n\n\n

I have tested A LOT of brokerages. Here is my list of the 7 best online brokerages for ETFs.<\/p>\n\n\n

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Since index funds are a type of ETF, this list is also covering the best brokerage for index funds.<\/p>\n<\/div>\n <\/div>\n\n\n\n

7 Best Brokers for ETFs<\/strong>\n<\/h2>\n\n\n\n

1. eToro – The Best Brokerage for ETF Investing Overall<\/strong><\/h3>\n\n\n\n

Rating: 5\/5<\/strong><\/p>\n\n\n\n

Commission\/Fees: $0<\/strong><\/p>\n\n\n\n

My number one pick for the best brokerage for ETFs is eToro<\/a>.<\/p>\n\n\n

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\"Etoro<\/a><\/figure><\/div>\n\n\n

eToro is easy-to-use, powerful, and modern, which is why its our #1-ranked broker. ETF investing is one of its best features.<\/p>\n\n\n\n

It has everything an ETF investor needs: You can research, set alerts, add to watchlists, and invest in 221 different ETFs, all with commission-free trading.<\/p>\n\n\n\n

Additionally, with eToro\u2019s fractional shares, you can start investing with as little as $10 – no need to buy an entire share.<\/p>\n\n\n\n

eToro is best known as a social trading platform. It\u2019s a brokerage platform combined with a social media element. This allows you to communicate, learn, create strategies, and invest alongside more than 28 million users worldwide.<\/p>\n\n\n\n

If you\u2019re not sure what ETFs to buy, you can use CopyTrader<\/a> – a tool that allows you to copy the portfolios of more experienced investors.<\/p>\n\n\n\n

It\u2019s unlike any other platform on this list and is the best brokerage for ETFs.<\/p>\n\n\n\n

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Get started on eToro<\/strong><\/a><\/div>\n<\/div>\n\n\n
\r\nYour capital is at risk. Other fees apply. For more information, visit www.etoro.com\/trading\/fees.\r\n<\/div>\n\n\n\n

2. Betterment – The Best Hands-Off ETF Platform<\/strong><\/h3>\n\n\n\n\n\n\n

Rating: 5\/5<\/strong><\/p>\n\n\n\n

Commission\/Fees: 0.25% annual fee<\/strong><\/p>\n\n\n\n

Betterment is our second choice as the best brokerage for ETFs, and it takes a different approach than eToro.<\/p>\n\n\n\n

Whereas eToro empowers you to make your own ETF investing decisions, Betterment does the work for you.<\/p>\n\n\n\n

Upon signing up, you will fill out this questionnaire which covers your goals, risk\/reward profile, and time horizon. Betterment takes it from there.<\/p>\n\n\n

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\"Betterment<\/figure><\/div>\n\n\n

Based on your answers, Betterment will create a customized portfolio of low-cost, diversified ETFs. <\/p>\n\n\n\n

After your portfolio has been built, you can turn on auto-deposits to automatically invest on a regular basis. Betterment takes care of the portfolio management, asset allocation, tax-loss harvesting, and more so you can have a diversified and efficient portfolio.<\/p>\n\n\n\n

In my opinion, it\u2019s the perfect hands-off solution and is the second best platform to buy ETFs.<\/p>\n\n\n\n

Unlike eToro, Betterment is not free.<\/p>\n\n\n\n

It charges a 0.25% annual fee ($25 for every $10,000 invested).<\/p>\n\n\n\n

Most financial advisors charge around 1% per year for a similar service. <\/p>\n\n\n\n

Betterment is the best ETF broker for building a done-for-you ETF portfolio.<\/p>\n\n\n\n\n\n\n

3. Fidelity – The Best Legacy ETF Brokerage<\/strong><\/h3>\n\n\n\n

Rating: 4.5\/5<\/strong><\/p>\n\n\n\n

Commission\/Fees: $0<\/strong><\/p>\n\n\n\n

Fidelity<\/a> is my favorite ETF platform out of the \u201clegacy brokers\u201d.<\/p>\n\n\n

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Legacy brokers, unlike today\u2019s fintech platforms, are the ones that pioneered online stock investing. Fidelity, Charles Schwab, E*TRADE, Vanguard, \u00a0and TD Ameritrade are all examples of legacy brokers. They\u2019re the biggest and best-known retail brokerages.<\/p>\n<\/div>\n <\/div>\n\n\n\n

While all legacy brokers offer the ability to invest in ETFs, Fidelity stands above its peers in this category for one reason: There are 52 Fidelity ETFs – ETFs that Fidelity has created backed by decades of research.<\/p>\n\n\n

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Fidelity ETF categories include:<\/p>\n\n\n\n