## How to Invest in Stocks Without Commission
Investing in stocks can be a great way to grow your wealth over time. However, many investors are deterred by the high costs associated with trading stocks, including commissions. Commission fees can eat into your profits and make it difficult to achieve your financial goals.
Fortunately, there are now several ways to invest in stocks without paying any commission. This makes it easier than ever to get started with investing and build a diversified portfolio.
Here are some of the best ways to invest in stocks without commission:
### 1. Use a Robo-Advisor
Robo-advisors are automated investing platforms that can help you create and manage a diversified portfolio of stocks and bonds. They typically charge a low annual management fee, but they do not charge any commission fees on trades.
Some of the most popular robo-advisors include:
* Betterment
* Wealthfront
* SoFi Invest
* Acorns
* Stash
### 2. Use a Discount Broker
Discount brokers are online brokerages that offer low commission fees on trades. They typically charge a flat fee per trade, regardless of the size of the trade.
Some of the most popular discount brokers include:
* Fidelity
* Vanguard
* Charles Schwab
* TD Ameritrade
* E*Trade
### 3. Use a Stock Trading App
There are several stock trading apps that offer commission-free trading. These apps typically have a limited number of features compared to traditional brokers, but they can be a good option for investors who are just getting started.
Some of the most popular stock trading apps include:
* Robinhood
* Webull
* M1 Finance
* Public
* SoFi Invest
### 4. Buy Fractional Shares
Fractional shares allow you to invest in stocks even if you don’t have enough money to buy a full share. This can be a good way to get started with investing and build a diversified portfolio over time.
Some of the brokerages that offer fractional shares include:
* Fidelity
* Vanguard
* Charles Schwab
* TD Ameritrade
* M1 Finance
### 5. Use a Cash-Back Credit Card
Some cash-back credit cards offer rewards that can be used to invest in stocks. This can be a good way to earn extra money towards your investments.
Some of the credit cards that offer rewards that can be used to invest in stocks include:
* Fidelity Rewards Visa Signature Card
* Vanguard Cashback Visa Signature Card
* SoFi Credit Card
### 6. Use a Stock-Rewarding Bank Account
Some banks offer stock-rewarding bank accounts that allow you to earn free stocks for everyday banking activities. This can be a good way to get started with investing without having to spend any money.
Some of the banks that offer stock-rewarding bank accounts include:
* Acorns
* Stash
* Aspiration
### Benefits of Investing in Stocks Without Commission
There are several benefits to investing in stocks without commission, including:
* **Lower costs:** Commission fees can eat into your profits, so investing without commission can help you save money and grow your wealth faster.
* **More flexibility:** When you don’t have to pay commission, you can trade more frequently and take advantage of market opportunities.
* **Easier to get started:** Investing in stocks without commission makes it easier to get started with investing and build a diversified portfolio over time.
### Risks of Investing in Stocks Without Commission
There are also some risks to consider when investing in stocks without commission, including:
* **Limited features:** Some brokers that offer commission-free trading may have limited features compared to traditional brokers.
* **Potential for hidden fees:** Some brokers may charge hidden fees, such as account fees or inactivity fees.
* **Market risk:** The stock market is volatile, so there is always the potential to lose money when investing in stocks.
### How to Choose the Best Way to Invest in Stocks Without Commission
The best way to invest in stocks without commission depends on your individual needs and circumstances. Here are some factors to consider when choosing a method:
* **Your investment goals:** What are your financial goals and how do you plan to use your investments?
* **Your risk tolerance:** How much risk are you willing to take with your investments?
* **Your time horizon:** How long do you plan to invest for?
* **Your budget:** How much money do you have to invest?
Once you have considered these factors, you can compare the different methods of investing in stocks without commission and choose the one that is right for you.
### Conclusion
Investing in stocks without commission can be a great way to save money and grow your wealth over time. By using a robo-advisor, discount broker, stock trading app, or other method, you can get started with investing and build a diversified portfolio without having to pay any commission fees.
However, it is important to consider the risks involved before investing in stocks. The stock market is volatile, so there is always the potential to lose money. Be sure to do your research and understand the risks before investing any money.