Best Nasdaq Brokers 2026
Discover the best brokers with access to the US Nasdaq following our rigorous hands-on testing.
Written ByRoyston Wild
Royston is a seasoned investor and financial writer with over a decade of experience analyzing brokers and investment markets. With a background in stocks, commodities, and forex reporting - he brings a fresh perspective to broker evaluations.
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Fact Checked ByJames Barra
James is an experienced broker analyst with a background in financial services. He has spent 2,500+ hours testing brokers, used 35+ different platforms and apps, audited 120+ broker T&Cs, and verified 300+ regulatory licenses. James has also been on US, UK and German TV, and been a guest on finance podcasts, discussing reports conducted by BrokerListings.com and sharing his expertise.
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Edited ByTobias Robinson
Tobias is committed to helping traders find the right brokerage for their needs. He has tested 200+ brokers, spent 2,600+ hours using different platforms, and placed 2,100+ trades.
Tobias Robinson Profile PageAugust 5, 2026
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1Interactive Brokers (IBKR) is a leading brokerage offering access to over 170 markets in 40 countries and a range of investment services. With 40+ years in the industry, this Nasdaq-listed company follows strict regulations by the SEC, FCA, CIRO, and SFC, making it a trusted global trading broker.
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2Founded in 2001, FOREX.com is part of StoneX, a global financial services firm with over a million customers. Regulated in the US, UK, EU, Australia, and other regions, it offers thousands of markets, not just forex, with competitive pricing on advanced platforms.
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3Moomoo is a regulated trading platform overseen by trusted regulators like the SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no minimum deposit requirement, and several bonus options.
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4Firstrade 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.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 |
✓ | ✓ | $0 | $100 | 1:50 (major forex pairs), 1:2-1:4 (equities) | ✗ | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, 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 | ✓ | ✗ | |
 |
✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✓ | $0 | $0 | 1:2 | ✗ | SEC, FINRA, SIPC, MAS, SFC, ASIC, FMA, CIRO, CIPF, JFSA, SC | Stocks, Options, ETFs, ADRs, OTCs ,Futures | Desktop Platform, Mobile App | USD, HKD, SGD | ✗ | ✓ | ✗ | |
 |
✓ | ✗ | $0 | $5 | ✗ | ✗ | SEC, FINRA | Stocks, ETFs, Options, Mutual Funds, Bonds, Fixed | Firstrade Invest 3.0, TradingCentral | USD | ✗ | ✗ | ✗ | |
| 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 Nasdaq Brokers 2026 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✓ | ✓ | |
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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 Nasdaq Brokers 2026.
| 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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Yes (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 Nasdaq Brokers 2026 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $0 | $100 | ✓ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $0 | $0 | ✗ | ✗ | ||
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✗ | $0 | $5 | ✓ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Nasdaq Brokers 2026 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
|
Capitalise.ai, TWS API | ✗ | ✓ | ✓ | ✗ | 1:50 (major forex pairs), 1:2-1:4 (equities) | ✓ | ✓ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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✗ | ✗ | ✓ | ✓ | ✗ | 1:2 | ✗ | ✓ |
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Nasdaq Brokers 2026.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | USD: 3.14%, GBP: 3.24% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 3.35% | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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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 Nasdaq Brokers 2026 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 Nasdaq Brokers 2026.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|
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✗ | $0 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
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✗ | $15 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | $0 | ✗ | ✗ | |
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✗ | $0 | ✗ | Variable | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
EUR/USD Spread |
Crypto Spread |
Customer Ratings
Compare how customers of these brokers feel about them, with real user ratings from Trustpilot, the Apple App Store and Google Play.
| Broker | Customers |
Trustpilot Score |
Trustpilot Reviews |
Android App Rating |
iOS App Rating |
|---|---|---|---|---|---|
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4,300,000 | 5,441 | |||
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450,000 | 2,453 | |||
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24,000,000 | 504 | |||
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✗ | 53 | |||
| Broker | Customers |
Trustpilot Score |
Trustpilot Reviews |
Android App Rating |
iOS App Rating |
Broker Popularity
See how popular the Best Nasdaq Brokers 2026 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Moomoo |
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| Interactive Brokers |
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| FOREX.com |
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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
- IBKR provides a cost-effective platform for traders by offering low fees, narrow spreads, and clear pricing.
- The TWS platform is designed for intermediate to advanced traders. It includes over 100 order types and a dependable real-time market data feed that rarely experiences downtime.
- IBKR is a highly regarded brokerage, regulated by prime authorities. This ensures the safety and reliability of your trading account.
Cons
- TWS is complex, and beginners might find it difficult to use and understand all its features.
- 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.
- In 2025, IBKR was fined $11.8 million by the US OFAC for offering services in restricted areas. It also faced a $125,000 fine from FINRA in 2025 for failing to disclose municipal bond information.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- The in-house Web Trader is a top platform for new traders, featuring a sleek design and over 80 technical indicators for market analysis.
Cons
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com, part of GAIN Capital Group LLC, paid a $700,000 fine to the NFA for mismanaging client accounts.
Why Trade With Moomoo?
Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.
Pros
- Moomoo's insights and analytics are more comprehensive and detailed than other brands.
- The fees for options contracts have been lowered from $0.65 to $0.
- The broker provides early access to trading hours before the market opens.
Cons
- The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.
- The account options are limited compared to similar brokerages, with no managed portfolios or robo-advisor solutions.
- Moomoo has received several regulatory penalties lately, including fines and orders in 2026 that temporarily halted the acceptance of some Japanese and Chinese clients.
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.
- Improved platform in 2025 with Firstrade Invest 3.0, featuring a cleaner interface and faster order entry for active traders in key areas like watchlists and options chains.
- Trusted US-regulated broker, member of SIPC
Cons
- Visa card deposits and withdrawals are not accepted.
- Firstrade does not offer a demo or paper trading account, unlike over 90% of other options we've reviewed.
- Customer support needs improvement after testing, but 24/7 help is now available.
Filters
How We Choose The Top Nasdaq Brokers
Our comprehensive testing process involves four steps:
- After opening a trading account with each broker, we record which ones permit trading of Nasdaq-listed securities.
- Checking that these brokers are approved by a reputable US regulator (like the US Securities and Exchange Commission (or SEC)). BrokerListings.com has built its own proprietary regulator ranking system that makes finding a reputable financial watchdog easier.
- Regularly re-checking each company’s regulatory status, as lawmakers can revoke or suspend a broker’s license when rule breaches are identified.
- Rating brokers on other characteristics like trading costs, the functionality of their trading software and the range of assets on offer.
Brokers are awarded an overall classification after we combine 200+ data points and the views of our hands-on testers. Service providers that allow Nasdaq access are then ranked according to this criteria.
How Should I Choose A Broker To Trade On The Nasdaq?
The huge popularity of US stocks — and particularly technology shares at this moment in time — mean there is a massive number of brokers offering trading on the Nasdaq.
However, there can be significant differences in the service they provide, so it pays to shop around before plumping for a specific broker. But what are the most important things to consider?
We’ve drawn up a list of key things to think about, including:
Trustworthiness
The online trading boom has led to a similarly exponential rise in the number of bad actors out there. We’re not just talking about scammers that are looking to take your money and your sensitive personal data. Unlicensed companies that offer a sub-par service are also prevalent.
It’s therefore essential to check the brokerage you’re looking at is authorized and licensed by a top-level regulator. Organizations like this ensure that the jurisdictions in which they operate have well-functioning and transparent financial markets. They also supervise licensed financial services providers and impose sanctions (like financial penalties and license revocations) when they identify misconduct.
Pro tip: We at BrokerListings.com have created our own regulator ranking system so you can easily find the world’s best financial services watchdogs. These entities typically maintain simple-to-navigate databases of brokers that they have authorized.
If you’re looking to trade the Nasdaq in the US, you should check the broker you’re considering is registered with one or more of:
- The Securities and Exchange Commission (SEC).
- The Financial Industry Regulatory Authority (FINRA).
- The Commodity Futures Trading Commission (CFTC).
Each of these of these organizations is classified as Category A regulators under BrokerListings.com’s rating system, meaning investors can expect the very best safeguards.
Using an officially licensed brokerage also provides traders with financial protection if the company goes bust or if they fall victim to fraud. Under SEC and FINRA rules, authorized firms must be signed up to the Securities Investor Protection Corporation (SIPC).
Under this scheme, individuals can claim up to $500,000 (including a $250,000 limit for cash) to cover any losses.
Top Nasdaq broker for trustworthiness: Interactive Brokers is regulated by several of the world’s most reputable financial watchdogs. These include the SEC, FINRA, and another top US regulator, the Commodity Futures Trading Commission (CFTC).
Interactive Brokers’ entry on the FINRA website. Source: FINRA
Trading Costs
With the broker’s regulatory status confirmed, it’s time to start looking at and comparing its other characteristics. Fees and charges are near the top of most people’s priorities, and especially if they happen to be a high-frequency trader.
Key costs to look out for are transaction charges, account management fees, deposit and withdrawal fees, inactivity charges, overnight financing costs and subscription fees. Brokers may be competitive in some areas but not others.
For example, our research showed that Ninjatrader is more competitive than Plus500 US for certain transaction charges. Commissions for its micro futures are just $0.39 on its free plan versus $0.49 for Plus500, which has a standard pricing tier with no subscription.
However, Ninjatrader charges $1.29 to buy or sell standard futures contracts versus Plus 500 US’ $0.89. Traders can pay less at Ninjatrader ($0.59 per trade), although this involves them having to pay $1,499 for a ‘Lifetime’ subscription plan. Costs reduce to $0.99 for a monthly plan, but this still doesn’t beat Plus 500 on value.
Ninjatrader’s subscription plans. Source: Ninjatrader
Pro tip: As well as considering fees and charges, you should pay attention to the broker’s bid and ask spreads. A broker with wide spreads can be far less advantageous cost-wise to use than one that, for instance, charges higher subscription fees.
Nasdaq’s exchange fees aren’t charged to investors directly. Rather, they’re paid by exchange members (such as brokers) who can choose to pass these expenses onto their customers if they wish.
Top Nasdaq broker for trading costs: For traders in the States, eToro charges $0 commission for US stocks, which is especially attractive for traders focused on Nasdaq shares. There are also zero charges for deposits, as well as withdrawals for US-denominated accounts to external local currency accounts.
eToro’s cost structure is less attractive for customers in other territories, however, though charges are still competitive. Commissions of $1 or $2 may be payable when opening or closing a stock position. There’s also a $5 fee for withdrawals from USD accounts to local dollar-based bank accounts.
eToro recently removed its $10 a month charge for inactive traders wherever they are based. This used to apply to customers who hadn’t logged into their account for 12 months.
Asset Range
The popularity of Nasdaq-listed shares means you’d be hard-pressed to find a broker that doesn’t offer access to the exchange. The same goes for companies that trade on the New York Stock Exchange (NYSE).
However, it may also be a good idea to consider brokers that offer access to other financial markets. There are a couple of reasons for this. Holding other securities can help investors create a balanced portfolio (for example, one that includes Nasdaq shares and traditional money market funds to balance risk).
Having exposure to other asset classes also gives you a wider range of trading opportunities to potentially exploit when they spring up.
Top Nasdaq broker for asset range: Firstrade only offers access to US financial markets. Yet the range of securities traders can deal Stateside is vast. Be mindful, though, that forex, cryptocurrencies and futures contracts are not offered by this particular broker.
Alongside the Nasdaq, investors can buy shares on the NYSE, NYSE American (formerly the American Stock Exchange (AMEX)), as well as over-the-counter (OTC). Fractional shares are also available for some companies, which suits investors who may not want (or be able) to buy whole shares.
Traders can also buy and sell options, fixed income securities, and thousands of ETFs.
Trading Platform
What makes the best trading software can be highly subjective. Some traders may love a platform’s particular colour scheme, layout and functionality. Others may hate them and choose another broker as a result.
That said, traders typically have certain demands when scrutinizing a broker’s online software. Common must-haves include:
- Fast trade execution speeds.
- Reliability and stability, especially during busy periods (for instance, when the Federal Reserve makes interest rate announcements).
- Easy-to-navigate menus.
- High levels of customization.
- Ability to create watchlists of Nasdaq shares for easy monitoring.
- Strong security features for peace of mind.
- Excellent risk management features (like stop-loss orders).
- Advanced tools and resources (such as sophisticated charting tools, investing guides and integrated news feeds).
- On-hand customer service that’s contactable even out of market hours.
- Effective automatic and algorithmic trading tools.
Pro tip: Many brokers offer excellent trading software and resources that are free of additional cost. However, some traders still prefer to use a third-party platform to trade and manage their portfolio (like MetaTrader 5 (MT5)). If this is you, check that the broker’s online infrastructure is compatible with your platform of choice
Top Nasdaq broker for trading platform: IG’s trading platform is one of the best in the business. It’s quick, easy to navigate, highly customizable, and comes with a range of tools like advanced charting, newsfeeds and economic calendars. Furthermore, its system is compatible with around half a dozen external trading platforms, including MetaTrader 4 (MT4) and TradingView.
IG also allows traders to trade virtually with $10,000 in a demo account before putting their actual cash on the line. Investors can trade and monitor their portfolios on the go with a mobile app or via their smartwatch too.
Trading Apple shares with IG. Source: IG
How Can I Begin Trading The Nasdaq?
There are three general steps I must take from first finding a broker to trading Nasdaq stocks. These are:
1. Comparing brokerages. Industry competition is fierce, which works out to the benefit of traders. Companies are battling it out over which can offer the best trading platform, the most attractive fees and charges, and the most comprehensive asset range. I should take time to consider which one is best for me based on my investing strategy and objectives.
2. Opening an account. Once I’ve found a broker, I’ll need to submit personal information to them so they can process my application and meet regulatory requirements (like ‘Know Your Customer’ rules). Key things they may ask me include my:
- Name.
- Address.
- Nationality.
- Email address.
- Employment status and salary (if applicable).
- Source of my deposit.
- Investment aims and risk tolerance.
- Trading experience.
I will also be required to provide digital copies of proof of identification and address.
3. Deposit some money. I’ll need to transfer money into my account to begin trading, which I should be able to do using a variety of methods. Options typically include bank transfer, debit card payment, or by using a digital wallet (like Google Wallet) or payment service provider (such as PayPal). BrokerListings.com strongly recommends using a demo account before trading with your own cash to first get familiar with the broker’s trading platform.
What Is The Nasdaq?
The Nasdaq Stock Market — commonly known as the Nasdaq — is one of the largest stock exchanges in the US and the world.
It was established in 1971 as the world’s first fully electronic stock market, and revolutionized share trading by replacing the centuries-old open outcry system with computerized trading. The Nasdaq is most famous for its huge contingent of technology stocks, and today it’s home to nine of the world’s 10 most valuable companies by market capitalization.
These are:
The breadth of the Nasdaq is best represented by the Nasdaq Composite Index. Though this reflects the tech-heavy nature of the exchange, the index also features companies from sectors as diverse as healthcare, consumer goods, telecommunications and financial services.
The index includes almost every security listed on the Nasdaq Stock Market, subject to certain eligibility rules (like asset type, and whether the Nasdaq is the company’s primary listing venue).
The Nasdaq Composite Index (as of April 2026). Source: Nasdaq
Pro tip: When people refer to ‘The Nasdaq,’ they are almost certainly referring to the US-based exchange. Nasdaq is also the name of the company that owns and operates the market, alongside other global exchanges including Nasdaq Dubai and Nasdaq Nordic & Baltics.
How Can I Trade On The Nasdaq?
The Nasdaq is the largest US stock exchange by market share, and is home to more than 3,300 companies from 50 countries. Trading volumes have boomed in recent years as demand for ‘Big Tech’ shares from retail and institutional investors has taken off.
The exchange also boasts in excess of 1,100 exchange-traded products (ETPs), a category that’s dominated by exchange-traded funds (ETFs). These financial instruments are designed to track market segments like specific indices, sectors, regions and themes, as well as non-equity asset classes (including forex and commodities).
Net asset value (NAV) of a Nasdaq 100 Index ETF, which tracks the performance of the Nasdaq exchange’s 100 largest companies by market capitalization. Source: Invesco
Other securities investors can trade on Nasdaq include:
- Exchange-traded notes (ETNs), which are unsecured debt obligations.
- Closed-end funds.
- Bonds.
- Derivatives (options and warrants).
Bottom Line
Trading the Nasdaq allows investors to buy and sell many of the world’s largest, most innovative, and fastest-growing companies. There are plenty of brokers offering access to this popular marketplace, though choosing the right broker for you should be done carefully.
Checking that the broker is authorized by a top-level regulator like the SEC is paramount. However, also think about the range of markets, the quality of the trading platform, and the trading costs you can expect to pay when selecting a service provider.