Best Joint Brokerage Accounts 2025
Explore our top joint brokerage accounts, exhaustively tested by our experts so you can combine resources, diversify strategies, and achieve shared financial goals efficiently.
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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2Firstrade is a US-based discount broker-dealer authorized by the SEC and a member of FINRA/SIPC. It offers welcome bonuses, advanced tools and apps, and commission-free trading. Firstrade Securities is a popular top online brokerage, and opening a new account is fast and simple.
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3Founded in 2009, Vantage provides trading on over 1000 CFD products to more than 900,000 customers. Forex CFDs can be traded from 0.0 pips on the RAW account using TradingView, MT4 or MT5. Vantage is regulated by ASIC and keeps client funds separate. The company also offers a variety of social trading tools for those interested in copy trading.
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4Founded in 2006, FxPro is a reliable non-dealing desk (NDD) broker that offers trading on more than 2,100 markets to over 2 million clients globally. It has won over 100 industry awards for its favorable conditions for active traders.
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5Global Prime is a widely regulated trading broker providing access to over 150 markets. With a minimum deposit of $200, traders can leverage up to 1:100. The company is highly trusted and reputable, holding a license from the ASIC.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $0 | $100 | 1:50 | ✗ | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai & TWS API | ✓ | ✗ | |
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✓ | ✗ | $0 | $1 | ✗ | ✗ | SEC, FINRA | Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed | TradingCentral | USD | ✗ | ✗ | ✗ | |
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✓ | ✓ | $50 | 0.01 Lots | 1:20001:500 | ✓ | FCA, ASIC, FSCA, VFSC | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting | ProTrader, MT4, MT5, TradingView, DupliTrade | USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $100 | 0.01 Lots | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) | ✗ | FCA, CySEC, FSCA, SCB, FSA | CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting | FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower | USD, EUR, GBP, AUD, JPY, ZAR, CHF, PLN | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✗ | ✗ | |
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✓ | ✓ | A$200 | 0.01 Lots | 1:200 | ✓ | ASIC, VFSC, FSA | Forex, indices, commodities, cryptocurrencies, shares, bonds | MT4, TradingView, AutoChartist | USD, EUR, GBP, CAD, AUD, SGD | ✓ | ✓ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Joint Brokerage Accounts 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✗ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✗ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Joint Brokerage Accounts 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
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iOS & Android | ✓ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Joint Brokerage Accounts 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $0 | $100 | ✓ | ✗ | ||
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✗ | $0 | $1 | ✓ | ✗ | ||
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✓ | $50 | 0.01 Lots | ✗ | ✓ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✓ | ||
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✓ | A$200 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Joint Brokerage Accounts 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Capitalise.ai & TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ | ✓ |
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Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:20001:500 | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✓ | ✓ | ✗ | ✓ | 1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited) | ✓ | ✗ |
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✓ | ✓ | ✓ | ✓ | ✗ | 1:200 | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Joint Brokerage Accounts 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✗ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✓ | ✗ | ✓ | ✓ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✓ | ✗ | ✗ | ✓ | ✗ | ✓ |
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✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Joint Brokerage Accounts 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Joint Brokerage Accounts 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
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✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
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✗ | $0 | $0 per trade | ✗ | Variable | |
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✗ | $0 | 0.01 | 0.0 | Floating | |
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✓ | $15 | Variable | 0.45 | Variable | |
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✗ | ✗ | Variable | 0.16 | Floating | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Joint Brokerage Accounts 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Vantage |
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| Interactive Brokers |
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| FxPro |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- Interactive Brokers was named Best US Broker for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
- There's a large selection of free or paid research subscriptions available to all traders. If you subscribe to Toggle AI, you will also receive commission refunds from IBKR.
- IBKR provides a cost-effective platform for traders by offering low fees, narrow spreads, and clear pricing.
Cons
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
Why Trade With Firstrade?
Firstrade is ideal for beginners wanting to trade US stocks without commission fees. It offers plenty of free educational resources and high-quality research, including its new FirstradeGPT tool. Users also get trading ideas from Morningstar, Briefing.com, Zacks, and Benzinga.
Pros
- Improved stock trading features now include overnight trading and fractional shares.
- Great broker for cost-conscious traders with low OTC fees
- FirstradeGPT ranks among the initial brokers to offer AI-powered analysis.
Cons
- Customer support needs improvement after testing, with no 24/7 help available.
- Over 90% of the evaluated options lack a demo or paper trading account.
- Firstrade emphasizes stocks and lacks forex options, reducing diversification opportunities.
Why Trade With Vantage?
Vantage is a solid choice for CFD traders looking for a strictly-controlled broker that offers the dependable MetaTrader platforms. The registration process is swift and there’s a $50 minimum deposit, making it easy for traders to start quickly.
Pros
- Opening a live trading account is a swift and straightforward process that takes less than 5 minutes.
- Vantage has a high trust score due to its impressive reputation and robust regulations from FCA and ASIC.
- Vantage has enhanced its algorithmic trading tools by introducing AutoFibo EA. This feature allows proficient traders to detect potential reversals in the market.
Cons
- Currently, only clients from Australia can access cryptocurrencies for trading.
- To enjoy optimal trading conditions, a significant deposit of $10,000 is required. These conditions include a commission fee of $1.50 per side.
- Unfortunately, some customers may have to sign up with an offshore company, providing less regulation protection.
Why Trade With FxPro?
FxPro is an excellent choice for traders, offering fast execution in under 12ms, competitive fees reduced in 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge.
Pros
- FxPro uses a 'No Dealing Desk' (NDD) model, providing fast and clear order execution, often under 12 milliseconds, suitable for short-term trading strategies.
- FxPro provides four reliable charting platforms, including the user-friendly FxPro Edge, which features over 50 indicators, 7 chart types, and 15 timeframes.
- FxPro's Wallet is a key feature that lets traders manage funds securely. By separating unused funds from active trading accounts, it offers extra protection and convenience.
Cons
- Despite having a growing Knowledge Hub and a $10M demo account, FxPro is mainly for advanced traders, and beginners might find the account and fee structure complicated.
- FxPro offers customer support 24/5 via multiple channels, performing well in tests, but it lacks 24/7 availability, which might be a drawback for traders needing help outside regular market hours.
- There are no passive investment tools like copy trading or interest on cash. While traders may not miss these features, competitors like eToro offer more options for both active and passive investors.
Why Trade With Global Prime?
Global Prime is a good fit for both novice and experienced traders, providing leading market access, low costs, and features such as copy trading.
Pros
- VPS
- Several deposit options available at no cost.
- ECN account
Cons
- Limited account choices for trading.
- No MetaTrader 5 integration
- US and Canada-based clients are not eligible for trading services.
Filters
Understanding Joint Brokerage Accounts
Joint brokerage accounts are investment accounts that allow multiple people to pool their money and make investments together. Everyone who holds the account has an equal share in the assets, and these accounts are often utilized by couples, business partners, or families like parents and children.
Unlike individual accounts owned by one person, joint accounts let users share the risks of trading and combine their resources for bigger investments.
How Joint Brokerage Accounts Function
In a joint brokerage account, everyone involved can put in money and make trades using that combined fund. Each person can make their own trading moves without needing permission from the others, which means they can buy or sell investments like stocks and bonds independently.
These joint accounts often have similar fees to individual accounts, but some places may charge extra fees. For instance, E-Trade charges $25 for every additional person on an account.
There are also varying types of joint accounts, like:
– Joint Tenants with Rights of Survivorship (JTWROS): Common for spouses, meaning if one person dies, the remaining owner(s) inherit their share automatically.
– Tenants in Common (TIC): Allows for uneven share ownership, and when one person dies, their share goes to a designated beneficiary rather than automatically to other account holders.
Tax Considerations for Joint Brokerage Accounts
Taxes are an important aspect to consider with joint brokerage accounts. In the United States, the IRS views these accounts as shared property, so any income or profits are split evenly, affecting each person’s taxes and potential gifts they might have received or given.
Always check local tax laws and consult a tax expert if needed.
Comparing Joint Brokerage Accounts
Here’s how you can evaluate different joint brokerage account options:
- Investment Options: Consider what you want to trade. Whether it’s stocks, bonds, or foreign currencies, make sure your broker offers what you’re interested in.
- Fees: Look at minimum deposit requirements, the cost to make trades, and any additional fees a broker might charge.
- Trading Tools: Verify what platforms and tools are offered. Useful features include customizable charts and mobile apps. Testing with a demo account might be beneficial.
- Managed Accounts: If you prefer having your investments managed for you, compare robo-advisors and other management services available from brokers.
- Customer Service: Ensure the broker provides accessible and helpful customer support through multiple channels.
Steps to Open a Joint Brokerage Account
- Select a Provider: Check our broker reviews to find one that meets your needs.
- Gather Personal Data: Collect all account holders’ personal details, like names and contact information, for verification purposes.
- Submit an Application: Complete the broker’s form with required information and submit needed documents like ID or proof of address.
- Deposit Funds: Add money to the account via accepted methods such as bank transfers or checks.
- Start Trading: Wait for the broker to approve the application, then start making investments jointly.
The process can vary, so consider contacting customer service for detailed guidance.
Advantages of Joint Brokerage Accounts
There are several benefits to choosing a joint brokerage account:
- Shared Control: More people can pool funds, enhancing investment potential and decision-making power.
- Estate Planning: For couples, it simplifies asset transfer upon one’s death.
- Easy Tracking: Joint accounts streamline record-keeping and monitoring of financial activity.
Potential Downsides of Joint Brokerage Accounts
However, there are some drawbacks:
- Decision Making: All parties must agree on investment moves, which may cause conflict if their financial goals differ.
- Privacy Concerns: Personal information is accessible to all account holders.
- Liability: Everyone is liable for any losses or legal issues arising from the account.
- Separation Issues: Dividing a joint account during breakups or divorces can be complicated.
Conclusion on Joint Brokerage Accounts
Joint accounts allow more than one person to collaborate on investments, making it ideal for partners or family members who want a shared financial strategy. They offer transparency and simplicity for those who want combined finances.
Check our broker rankings to find the best joint account for you.
FAQs
Can Joint Brokerage Accounts Have Beneficiaries?
Yes, you can designate a beneficiary for a joint brokerage account. This entity will take ownership if an account holder passes away.
What Is the Best Joint Trading Account?
Top picks offer simple management, low fees, access to a range of investments, and solid customer support. Compare broker reviews for guidance.
Can I Convert a Joint Account to an Individual Account?
Yes, you can change a joint account to an individual one, though the procedure differs by broker, possibly impacting taxes.
What Happens to a Joint Account in Divorce?
Divorce might result in the joint account being split per the settlement. Otherwise, both individuals continue to own the account jointly.
Are Three-Person Joint Accounts Possible?
Yes, for example, E-Trade charges $25 per additional account holder, allowing more than two people.
How Are Joint Accounts Taxed?
Taxation varies by region, but these accounts often follow “joint tenancy with right of survivorship,” meaning each member is responsible for their share. If one passes away, their share goes to other holders.