---
title: 'I Ranked Every Stock Brokerage (Here’s What’s ACTUALLY Good)'
source: 'https://youtube.com/watch?v=oPAqAv-rErQ'
video_id: 'oPAqAv-rErQ'
date: 2026-06-28
duration_sec: 0
---

# I Ranked Every Stock Brokerage (Here’s What’s ACTUALLY Good)

> Source: [I Ranked Every Stock Brokerage (Here’s What’s ACTUALLY Good)](https://youtube.com/watch?v=oPAqAv-rErQ)

## Summary

A finance YouTuber tested 12 stock brokerages over a month, ranking them on ease of use, fees, and features from S to F tier. Robinhood and Fidelity get S tier for beginner-friendliness and comprehensive tools, while Moomoo and Acorns rank lower due to clutter or unnecessary fees.

### Key Points

- **Experiment Overview** [0:00] — Creator spent 4 hours signing up for every investing app, then tested each with real money over 30 days to rank them on ease of use, hidden fees, and features.
- **Robinhood: S Tier** [0:28] — Very beginner-friendly, pioneered zero commissions, fractional shares, instant deposits, and extended-hours trading. Downsides: gamification, options trading made too easy, and prediction markets (gambling).
- **Fidelity: S Tier** [3:08] — Old-school broker with modern UI, fractional shares, real research from 20 providers, cash management account with 3.6% APY, and full account types. Only minor con: slightly confusing UI compared to Robinhood.
- **Webull: B Tier** [5:24] — Beginner-friendly with paper trading mode, fractional shares, extended hours. Best features: paper trading to practice, premium for $3.99/month gives cash management (3.6% APY) and IRA 3.5% match. Downsides: paywalled level 2 data, slow customer support.
- **Charles Schwab: A Tier** [7:23] — Great reputation, acquired TD Ameritrade for thinkorswim, paper trading, cash management with ATM fee reimbursement, fractional shares. Considered the 'Toyota Camry' of brokerages.
- **Public: C Tier** [9:01] — No payment for order flow, offers stocks, cryptos, options, bonds, but lacks clear identity. AI Agent called 'trash'. Not recommended over Robinhood.
- **Moomoo: D Tier** [10:39] — Chinese company, feels like 'Temu of brokerages'. Good sign-up bonus (8.18% APY for 3 months, up to $1,000 Nvidia stock), but cluttered UI. Only for traders.
- **Vanguard: C Tier** [12:15] — Invented index funds, but outdated UI, no fractional shares, slow deposits (5-7 days). Good for buy-and-hold passive investors, but Fidelity or Schwab better.
- **SoFi Invest: A Tier** [14:01] — Best UI in creator's opinion, automatic invest with 1% extra, fractional shares, social features. Integrated with SoFi banking. Downsides: gamification, options made too easy.
- **Merrill Edge: C Tier** [16:01] — For Bank of America customers only, no fractional shares, slow app. Best for credit card rewards tie-in.
- **Acorns: D Tier** [17:12] — Training wheels investing: auto round-ups, invest in curated ETFs. Monthly fee ($3-$12) can be avoided by DIY in other apps. Banking mediocre.
- **E*TRADE: C Tier** [19:15] — Owned by Morgan Stanley, paper trading, decent options tools, no fractional shares. Decent but outdated compared to newer apps.
- **Chase Self-Directed Investing: B Tier** [20:20] — Fractional shares, simple UI, good for Chase customers. Complaints: slow UI, money locked on cancelled trades.
- **M1 Finance: C Tier** [21:36] — Unique 'pie' feature for auto-investing, but considered unnecessary. Other brokerages now offer similar fractional shares and recurring investments.

### Conclusion

Robinhood and Fidelity are top-tier for beginners and comprehensive investors respectively, while niche apps like M1 Finance and Acorns serve specific needs but aren't for everyone. Choosing a brokerage depends on whether you prioritize simplicity, features, or ecosystem integration.

## Transcript

So, I just spent the last 4 hours
downloading and making an account with
every single investing app that I could
find. So, every single day for the next
month, I'm going to be putting my own
money into these brokerages to find
which ones are actually easy to use,
which ones are secretly charging you,
and which are giving you features that
are actually useful. And I'm going to be
ranking each of these brokerages on a
tier list from S to F. I'll see you guys
in 30 days from now. All right, so it's
been quite a while since I recorded that
first part of the video, and I've gotten
a chance to use all of these apps. So,
I'm going to go ahead and start out with
Robinhood. Robinhood was the first
brokerage I ever had. I actually opened
it up on my 18th birthday, and pretty
much everyone that I knew in college
used Robinhood to invest, and like all
the all the young people that I know.
And that's because it is very, very
beginner-friendly. Buying a stock on a
brokerage like Fidelity or Schwab
compared to Robinhood feels like you're
filing your taxes. And despite receiving
a lot of hate, things that the younger
generation like mine would think come
standards with brokerages are only here
because of Robinhood. Back in the day,
all the brokerages would charge you $5
to $10 every single time you bought a
stock. But then, in 2013, Robinhood came
with zero commissions, meaning you could
buy stocks for free, and by 2019, every
single brokerage had to follow them.
They also made fractional shares
popular. If you wanted to buy something
like Amazon, you would need the full
$250 to buy the share. But, with
Robinhood, you can buy just a fraction
of it. So, you could even just buy $1.
You also get instant deposit, so as soon
as you transfer money from your bank
account to Robinhood, you can
immediately buy stocks with it. With a
lot of big brokerages, you still have to
wait 3 to 5 business days to be able to
buy, which makes it hard if a stock
drops or something to be able to
capitalize on that. Robinhood also gives
you before-and-after-hour trading. So,
if some news comes out after hours, you
can go ahead and buy or sell a stock. A
lot of brokerages still don't give you
that. So, I'll go ahead and show you
Robinhood. If you open up the app, you
can see all the money that you have in
it, like total. You can see your
different holdings, recurring
investments, and then your watchlist is
at the bottom. Those are all just the
stocks that you're watching. If you want
to buy something, just go to the search
tab. I'll buy some Apple, hit buy, and
then I will buy $100 of it, and then
swipe up. And then, just like that, I
went ahead and bought Apple, that easy.
And then, it'll be with the rest of my
stocks on my main page. Now, all that
user-friendliness does come with some
downsides, though. For the most part, I
would argue that investing should be
boring. For the most part, you should
just buy and hold the S&P 500, and then
that's it. But, Robinhood gamifies
things, and a lot of beginners don't
understand what they're actually doing.
The complexity is hid behind the user
interface, and they make things like
trading options way too easy. There is
also Robinhood's reputation, the whole
GameStop debacle a couple years back
still haunts them a little bit. And my
least favorite thing is the prediction
markets that they added to Robinhood,
which is basically just gambling. You
can bet on things like sports game and
even the election. But, overall, I don't
care what anyone says, Robinhood is
still S tier. I believe that a couple
years ago was their peak, but I still
think they're doing great things, and it
is still one of the best brokerages to
get started with. All right, next up we
have Fidelity. And Fidelity is one of
the other best brokerages, but it
basically takes the opposite approach to
Robinhood. Fidelity's been around since
the 1940s. It's a bit more old-school,
and they have every account type you'll
ever need. But, unlike a lot of the
other legacy brokerages, they have done
a really good job keeping up as far as
UI and features go. If you're more
conservative, you can buy things like
mutual funds and bonds, which is
something that you can't really do on
Robinhood. And it also gives you real,
legit research from like 20 different
providers, which you would usually have
to pay for. You can also buy fractional
shares with Fidelity. And one really
cool thing is that they have a cash
management account that can substitute
for your bank or your high-yield savings
account. You even get debit card and
checks if you want. It gives you, I
believe, 3.6 APY on your money sitting
in there, which competes with the best
high-yield savings account, and it's
just a great place to keep a cash
reserve or an emergency fund. I'll go
ahead and show you Fidelity's app. It
shows you the account balance up first,
and then, if you go down, it'll show you
the markets. If you go into your
investing tab, you'll have all the
different positions that you have. Then
you have your watchlist, and then
if you go over to discover, it'll show
you a bunch of different collections and
sectors that you can invest into, and
then some research, and then even like
some TikTok-style shorts, sort of, and
then some more articles. Now, if you
want to buy, just hit that transact
button, and then you can go ahead and
search. Today, I will be buying some
Tesla just for fun, and
>> [snorts]
>> I'll just go ahead and hit that buy
button. I will go buy dollars, and I
will buy $200 worth of Tesla. You just
hit that preview buy Tesla, and then
just like that,
they'll receive your order, and it'll be
with the rest of your positions. Now,
I've always heard Fidelity hyped up for
years, but this is the first time I've
actually tried it, and I will say the UI
is a bit clunkier than I would have
expected, but it's still miles ahead of
Vanguard, or, you know, uh even Schwab.
There's really no downsides with
Fidelity. I would think the only one is,
I guess, it is a little bit more
confusing than something like Robinhood,
but there's basically nothing to
complain about, and this is an easy S
tier for me. Also, I went the extra mile
to bring you this video. I don't think
there's ever been a YouTuber that's made
a video like this. All that I ask is
that if you're thinking of opening up
one of these brokerages, use the links
below, because you'll get free stocks,
and also it helps support the channel.
All right, next up we got Webull. And in
my opinion, Webull's like, I guess, the
Justin Herbert of brokerages. It's not
the absolute best, but it is it is very
uncontroversial, and pretty much
everyone likes them. It's a relatively
beginner-friendly app, but it is built
for traders, so all the features are
going to be tailored to that. You don't
actually need any money to open up an
account at all, but you will want to
deposit some money, because Webull
generally has some really good sign-up
bonuses. I got $100 of free stock when I
made an account. They have different
offers, but I'll link the best one
below. As far as features go, you get
the extended hours, you can buy
fractional shares, but my favorite thing
with Webull is that they have a paper
trading mode. I was around a lot of
finance bros in college that thought
they were day traders, and then they
would go and lose all their money. And
whenever someone tells me that they want
to day trade, I always tell them to use
a paper account. With paper mode, you're
making trades and following the market,
but you're using fake money, basically
like Monopoly money. So, you're getting
the XP of trading, but you're not losing
all your money in the process. If you do
decide to go with Webull, I'd get the
premium. It's only $3.99, but basically
everything's cheaper. You get a cash
management account that gives you 3.6
APY, and a 3.5% master IRA, which is
pretty insane. That's like an extra $300
if you max that out. So, I'll go ahead
and show you Webull. If you go down, you
can see all your different positions,
your watchlist. Then there's like a tab
with all their different accounts, and
then like a robo-advisor. But, all you
really need is that first tab. If you go
to the search button, you can see uh
what's going on with the market, some of
the movers, some different sectors. But,
I'll just go ahead, search Uber, and I
will go ahead and buy that. I'll toggle
between shares and dollars, and I will
just buy $110 of Uber. And then, just
like that, the order's submitted. So,
yeah, as you can see, super simple app.
The only downsides that I've seen is
that a lot of the level two data and
things that you'll need is behind that
paywall, so you will have to pay that
$3.99. And also, customer support can be
a little bit slow. But, overall, I like
Webull, great for traders, clean design,
and I'm going to go ahead and throw it
in the B tier. All righty, next up we
got Charles Schwab. And this is most
likely the brokerage that your dad is
using right now. It has a great
reputation. It's one of the biggest
brokerages in the country. They have
every account type that you'll ever
need, and from what I've seen, the
customer service is very good. It's
funny, I actually drive by a physical
Schwab and then Fidelity location every
single day at work. Haven't needed to
stop by, but maybe I will one day. You
can buy fractional shares with them, and
I believe traders actually really like
them, too, because a couple years ago
they acquired TD Ameritrade, which gave
them thinkorswim, which apparently gives
you like the best charts and all that
for trading. They also have a paper
trading account, so you can practice on
there if you're a trader. And just like
Fidelity, they have a really good cash
management account. You can get a debit
card, and you can pull money out
anywhere in the world, and you're not
going to have to pay fees at ATMs. They
will reimburse you for that. So, if
you're in a different country, it's
really good for getting different
currencies. All right, so I'll go ahead
and show you the app. You have your
total value first, and then your
dashboard will show you all the
different holdings that you have.
Down a little bit more is the news going
around. I can then go over to watchlist,
and that will show me my holdings, and
then the markets will show me, again,
what is going on with the market, all
the breaking news. If I want to buy
something, I'll just go over to the
trade thing in the middle. I'll go ahead
and buy Rivian. First, I'll click buy,
and then I will go with a market order,
and I will buy two shares of Rivian. And
just like that, I'll go ahead and place
an order. Bam, we're good. So, as you
can see, it's way more overwhelming than
something like Robinhood, and a little
bit more complex than something like
Fidelity, but still pretty good. I feel
like Schwab is like a the Toyota Camry
of brokerages. So, I'm going to go ahead
and throw it in the A tier. All right,
next up we have Public. Public is a new
player, and I found that online it's
kind of hard to find unbiased reviews on
them, because they're all sponsored,
which is what newer brokerages tend to
do. But, when they launched, they tried
to be like the social investing, like
you could see what other people were
invested in. That didn't really catch,
so so for a while, they tried to
basically just be Robinhood. That didn't
work, so now they're trying to be the
place where you can buy every single
different asset. The biggest thing that
seems to be going for them is they don't
use payment for order flow for stock
trades, meaning they don't get paid to
send your orders to certain companies.
So, it just makes people feel like
they're more on the investor's side.
They have everything that you'd want
from a modern brokerage, but I just feel
like they don't have a clear identity,
and there's really no reason to use them
over something like Robinhood. But, I'll
go ahead and show you the app. So, as
you can see, you have your total
returns, like pretty much every app
shows you. You have your holdings, and
then all the different things that you
can buy, which I talked about, that's
like their main thing. You can see
what's going on the market, stocks,
cryptos, options, bonds, all that stuff.
And then they have Agent, which is like
their completely trash AI
thing. I feel like every
company that's that's falling off right
now is trying to introduce AI. From what
I've heard, it's pretty horrible. But
anyways, to buy a stock, just hit the
trade button, go ahead, hit stocks. I
will go and search for Ford. You can
then toggle to dollars if you want to
buy fractional shares. I'll buy $100 of
Ford cuz why not? And then just like
that, I bought my Ford. So, Public is
fine. They just try to do too much to
stand out like using AI and then having
all those different assets that you can
buy. I don't know, they're okay. I've
never actually met anyone that uses
Public. I don't know. I'm just going to
go ahead and throw it in the C tier. I
feel like that's fair for them. Okay,
next up we have your favorite YouTuber's
favorite brokerage, allegedly, and that
is Moomoo. Now, I'll do a Gemini
sponsorship, a Max Rewards sponsorship,
maybe I'll even stoop low enough to do a
Rocket Money sponsorship one day, but I
will never touch Moomoo. Now, I'm mostly
kidding. Moomoo actually does have some
good stuff, but
to be honest, it feels like Alibaba or
Temu was shoved into a brokerage and
probably the reason for that is because
it's a Chinese company. Now, despite
what Caleb Hammer tells you, this is a
brokerage for traders and traders only.
You do get a lot of cool things like
level two data, you get some community
chat rooms, powerful trading, pretty
much everything that a short-term trader
would want. And they also don't take
money from payment for order flow. And
one good thing that I'll say is they
usually have a really, really good
sign-up bonus. Right now, they have
8.18% for like 3 months, and then
they'll give you up to $1,000 of Nvidia
stock. So, maybe it's worth opening up
just for that, but I'll show you the
app. When I first open it up, it gives
me like a Temu style badge, which is
kind of annoying. You always get those
things. But you can see your watchlist
there on more.
If you go over to more, you can see like
the chat rooms and the news and stuff.
I'll go ahead and search up SoFi, and
then there's a lot of different
information about the company, like I
said, like there is some good stuff here
if I was a trader, which I'm not. But
anyways, I'll just go ahead and do a
market order for SoFi. I will buy two
and a half shares. Just like that, I
bought SoFi. So, pretty easy. Now, I
could be wrong about this because I'm
not a trader, but I'd rather just use
WeBull or I believe Robinhood legend is
pretty good, their new trading program.
But I'm going to go ahead and throw
Moomoo in the D tier. It's just too
cluttered and overwhelming. It feels
like a cheap Chinese product. All
righty, next up we have Unk. We have the
We have the grandpa of brokerages, and
that is Vanguard. They've been around
since the '70s, and they pretty much
invented the index fund. Index funds
like VTI, VOO, and VT are all actually
Vanguard ETFs. And while Vanguard is
probably one of the most powerful
companies in the world, their brokerage
is very, very outdated. Basically, their
whole stick is just buying an index fund
and then leaving it alone, and that's
fine, but they do lack a lot of
features. Like you can't buy fractional
shares, which means if I wanted to buy
something like Berkshire Hathaway, I'd
need the full $500. I couldn't buy like
half a share or one and a half shares.
Definitely not a brokerage that you're
going to do any trading on. Everything
just feels a little bit slow and
delayed. Even when you deposit money
into it, it's going to take like 5 to 7
days to be able to actually use that
money and trade with it. So, let's say
the market crashes and you want to
capitalize that, it's going to be like a
week before you can even get money in
there. But I'll go ahead and show you
the user interface. I believe it has had
a couple facelifts. You have your
portfolio, and then there is the
research tab. It'll teach you like
things about, you know, different I
don't know, stock market stuff, ETFs. Uh
you can like different different
articles, pretty much. If you want to
trade, just go to the thing in the
middle. I'm going to go ahead and buy
some
Mary Jane, some Zaza. Um I'm just going
to go ahead and buy three shares of it.
You guys remember when when all the like
the weed stocks were popping off popping
off a couple years ago? That was pretty
funny. But just like that, orders orders
submitted. But yeah, this brokerage is
very boring, which might be a good
thing, but I don't know. It feels like
it feels like Aaron Rodgers right now.
Like it used to be legendary a while
ago, so it feels bad like disrespecting
him, but I don't know. It doesn't have
any fractional shares, and
I just feel like Fidelity is way better,
even Schwab. So, I'm going to go ahead
and throw Vanguard in the C tier. All
right, next up we have something that is
a stark contrast to Vanguard, and that
is SoFi Invest. Now, before we get into
it, I'll say that I am a bit of a SoFi
glazer. I use them for pretty much
everything. I think they have the best
checking and high-yield savings account
on the market. And this might be a wild
take, but I actually think SoFi's UI is
the best out of any of the brokerages.
Some might not trust SoFi. They have
been blowing up a little bit recently,
like their stock has been very popular,
but because they're a publicly traded
company, you can look at all their
financials, and they look pretty good.
And a lot of people don't know this, but
they are SIPC insured, which means that
your money's safe up to half a million
dollars. SoFi has one of the smoothest
automatic invest features, and they will
give you an extra 1% on everything that
you automatically invest, which, you
know, adds up. All right, so I'll go
ahead and show you SoFi's user
interface. I already have some money in
here already, mostly Amazon stock
because I thought it was a good buy. But
anyways, if you scroll down, you can see
your watchlist, um and then a couple of
the different things that you can do,
reoccurring transfers. SoFi also has
like the social aspect, so you can see
what different people are watching and
investing in.
If you want to buy, you just click that
and then hit the buy and sell, and then
that will bring you over to the search.
You can see popular stocks, the major
markets, and then if you want to search
for something, I'll just go VOO, which
is what you should all be investing in.
Uh you can see news on them, and if you
want to buy, you can just hit that buy.
I will buy $50, and just like that, you
have bought. So, pretty much as easy as
Robinhood to buy a stock, whether that's
a good or bad thing, but I don't know. I
like SoFi. I'm going to use them cuz I
really, really like having all my
finances in one place, and I trust SoFi.
But this isn't going to be the best
option for everyone. I probably wouldn't
recommend it if you don't already bank
with SoFi. And there is a bit of the
gamification Robinhood type thing going
on, like they make it too easy to trade
options, and there's like the confetti
when you open up the account, you get a
free stock, and there's like an arm that
goes down. So, there is a bit of that
into it, too. To be honest, this is
probably like a B tier brokerage, but I
like it, and I use it, and this is my
video, so I'm going to go ahead and
throw it in A tier. All right, next up
we have Merrill Edge. And Merrill Edge
is the brokerage that you go with if
you're already a Bank of America
customer. Like no one really wakes up
and says, "Hey, I want to open up a
Merrill brokerage today." But that's
what it's made for. You get transfers
instantly between your Bank of America
checking account and the brokerage. It
intertwines very well. And also, Bank of
America has a rewards program where if
you have more money with them, you get
better loan rates, and you get higher
percentage on your credit cards. I make
a lot of videos on credit cards. I know
a lot of people have like move over
their Roth IRA to Bank of America just
so they can get like 5 or 6% cash back.
But I would say Merrill's kind of like
Vanguard, where it's mostly just the buy
and hold ETF. There's no fractional
shares. You're not going to be doing any
trading on here. And overall, it's just
kind of like a little bit of a slow app.
I'll show you the app. Full
transparency, this is the one that I
used by far the least. I had trouble
even like transferring money into it.
But you have your accounts, your
dashboard. As you can see, it pretty
much just looks like Bank of America. If
you want to trade, you can go over,
search something up. I'll get some SCHD,
another good ETF if you guys are looking
for one. And then you just put in the
number of shares, and then you'll be
able to buy. So, you know, it's all
right, not super fancy, um but not
something you're going to go out of the
way to open up. I'll just go ahead and
throw it in the C tier. All right, next
up we have another relatively new
player, and that is Acorns. Acorns is
pretty much the training wheels of
investing. It's what you open up when
you have absolutely no idea what you are
doing, and you don't even want to think
about it. Acorns is pretty much for
people that have a hard time investing
and saving. It does things like rounds
up your change and automatically invest
it for you, and then every week will
take a certain amount from your bank
account, whatever you set. I just had it
at $5 a week. I like that it does pick
some good ETFs for you. I know that a
lot of beginners will go and get a
Robinhood account and then just invest
in like Archer or like, I don't know,
Lucid a couple years ago or some of
those marijuana stocks and just lose all
their money. So, I like that it does
force you to invest in some good ETFs.
But that's where the good stops. They
make you pay a monthly fee, which is
either 3, 6, or 12 dollars, depending on
what features you get. And you can
pretty much do
everything that Acorns does by yourself.
All Acorns really invest in is VOO, VTI,
some bonds, and then total market ETFs.
You could literally copy the same
portfolio in Robinhood, SoFi, WeBull,
any of the brokers I've talked about.
Also, they have like a whole bank thing
that I know some people use, but it has
a lot of problems. I'll go ahead and
show you the app. So, first it'll show
you your portfolio, and then like
the potential of what it could be in
like 40 years. They have the earning
where they have like brand deals. They
have a learning thing where they have
like mini courses and stuff. And then
the investing tab,
you'll go and see it's just like a
couple different ETFs. If you want to
choose individual ones, you have to pay
extra for that. I'm only paying $3 a
month. If I do want to put some extra in
investments, I'll just hit transfer in,
and then I will load up $100, and then
it will automatically invest that for
me. Now, I actually think Acorns is
really cool. Like I like the concept. I
like the app. I think it's good for
beginners. Like I had some coworkers
talking about it the other day, and they
actually really like it, but if I'm
being honest, the banking's mid. You can
do it yourself in like 5 minutes, but I
don't know. I I think I have to throw
this in D tier just to be fair. But let
me know if you guys like it or you think
it belongs in a higher tier. All right,
next up we have E*TRADE. It's now owned
by Morgan Stanley, and I know people
that have been using it for like 10, 20
years, and they've had no problem with
it. They have paper trading, some decent
analogy tools. It's good for someone
that wants to trade options, maybe, but
doesn't want to go full DJ day trading
mode. It does have a decent UI and an
okay cash management account, but it
doesn't have fractional shares, which
means that, you know, if you want to buy
Tesla, you're going to have to shell out
a whole $400. I'll go ahead and show you
guys the app. As you can see, it's like
it's okay, maybe a little bit clunky,
not really my thing. You have your
watchlist. The market tab will show you
like what's going on. Got some TV there.
Um but if I want to trade, I'll go ahead
to the stock, enter in the ticker
symbol. I'll go ahead and buy some
Lucid. That's Do you guys remember
Lucid? I don't even know. They're
probably going to go out of business.
But I'll just hit buy. I will go three
shares, and then preview, and then just
like that you have bought it. In my
opinion, E*TRADE is like a player that
used to be good like 10 years ago, but
now is like still pretty decent, but has
kind of tapered off. Sort of like I
guess Kirk [snorts] Cousins, but I'm
going to go ahead and throw E*TRADE in
the C tier. All right, next up we have
Chase Self-Directed Investing, and it
kind of has like the Merrill thing going
on where a lot of people already bank
with Chase, and they just end up doing
their investments with them as well
because of convenience. It's good if
you're chasing, no pun intended, the
Chase Private Client status, but
other than that, a lot of people seem to
hate it. Now, I actually didn't mind
Chase Self-Directed at all. I thought it
was fairly simple and good. You can buy
fractional shares. Maybe it's because
I've had so many credit cards with
Chase, I'm just used to the user
interface. But I actually didn't mind
Chase Investing at all. Now, I did see a
lot of people complaining about Chase
just overall being a little bit slow in
their user interface laggy, and that if
you cancel a trade, that money is locked
up, and you won't get it till the next
day, which is valid, but I don't know.
I'll show you the UI. So, at the top you
have your portfolio value, your profit
and losses, and then you're it'll just
show you like your asset allocation.
It'll show you your different positions,
watch list. And then, if you want to go
trade, just hit the trade button. Search
up I will invest in some Pepsi today
just cuz I feel like it. Buy, market
order.
Uh, I will switch to dollars, and buy $5
of Pepsi. So, as you can see, it is
pretty simple. It's not like
overwhelming like some of the big ones.
So, I don't really know why people hate
it as much. Maybe I'm missing something
here, but I'm going to throw it in the B
tier. All righty, last up we have M1
Finance. And this is a hot take, but I
actually don't really like M1 Finance. I
think the whole pie thing is annoying,
and I don't I wouldn't want to say
confusing, but just unnecessary. M1 used
to have a lot of fans a couple years
ago, but I feel like it's kind of dying
off. Basically, it's made for the
investor that just wants to set
something up and then never have to
think about it again. I'll show you in
the app, but what you basically do is
build a pie with a bunch of different
stocks and then ETFs, and then when your
money goes in automatically, it will be
dispersed between those different ones,
and then I believe it will buy up the
ones that have dipped. Now, a couple
years ago, this was kind of new, and a
lot of people liked it, but now Fidelity
has the basket portfolios, there's
Schwab stock slices, and I feel like now
there's just a lot of other brokerages
with fractional shares, recurring
investments, and just better support and
then research. Here's the app here. You
can see the M1 net worth, all the
different sort of things they have. They
have a page advertising for loans and
then a cash account, but here's the pie
thing. Now, mine is mostly spy, and then
a couple other ones, but if you want to
add something to your pie, you go ahead
and click stocks, and then I will search
up SoFi again, and I will add that to my
portfolio. That is the main one, and I
will go ahead and do 5%.
Now, I have to make it equal 100, so I'm
going to reduce spy from 96 to 91. And
then if I go ahead and save that and
confirm, and go back to my main pie,
SoFi will now have a slice in that.
Overall, I think M1 is pretty niche. If
you're a kind of person that wants to
make a pie and then just auto invest in
it, I guess this could be S tier, but I
think for the average investor, I'm
going to go ahead and throw this into C
tier. Like I mentioned, if you use the
links below, you'll get free stock, and
it also really helps support the
channel. I don't think I've ever seen
anyone go to this lengths to make a
video on brokerages before.