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Best brokers to actually own US shares

If you want the share registered to you — with dividends, voting rights and no overnight financing — you need a stockbroker, not a CFD provider.

Answer: 13 of the brokers we cover meet the criteria for this page. Ordered on those criteria, Charles Schwab is the first name to look at — US residents.

Charles SchwabOwns the share
★★★★★★★★★★4.5

US residents

Open account
eToroShares or CFD
★★★★★★★★★★5.0

Beginners

Open account
FidelityOwns the share
★★★★★★★★★★4.5

Retirement accounts

Open account

What we screened on

The comparison table

BrokerWhat you getMinimumFractionalRegulationExtended hours
Charles SchwabShare ownershipNoneYesSECPre-market and after-hours sessions supported
eToroShare ownership$50YesFCA, CySEC, ASICNot offered on real-stock orders
FidelityShare ownershipNoneYesSECExtended-hours trading supported
IGShare ownershipNoneNoFCA, ASIC, MASOut-of-hours pricing on selected US shares
Interactive BrokersShare ownershipNoneYesSEC, FCA, CBIPre-market and after-hours routing available
Merrill EdgeShare ownershipNoneNoSECAvailable
moomooShare ownershipNoneYesSEC, MAS, ASICPre-market and after-hours supported
RobinhoodShare ownershipNoneYesSECExtended sessions available, longest on paid tiers
SaxoShare ownershipNoneNoDFSA, FCA, MASAvailable on selected US listings
tastytradeShare ownershipNoneNoSECExtended-hours routing available
Trading 212Share ownership$1YesFCA, CySECNot offered on real-stock orders
VanguardShare ownershipNoneNoSECLimited
WebullShare ownershipNoneYesSECLong pre-market and after-hours sessions

Broker by broker

1

Charles Schwab

Owns the share
★★★★★★★★★★4.5

A full-service US brokerage; thinkorswim gives it a genuinely strong active-trading platform.

Minimum
None
Fractional
Yes
Regulators
SEC
US universe
Full US listed market
  • US residents
  • Long-term investors who want research and banking in one place
  • Options traders via thinkorswim
  • International account availability is limited and varies by country
2

eToro

Shares or CFD
★★★★★★★★★★5.0

Whether a position is a real share or a derivative is decided by your region and leverage setting — check before assuming ownership.

Minimum
$50
Fractional
Yes
Regulators
FCA, CySEC, ASIC
US universe
3,000+ stocks across US and global exchanges
  • Beginners
  • Copy trading
  • Mixing real shares and CFDs in one app
  • Whether you get a real share or a CFD depends on your region and whether leverage is applied
  • FX conversion costs on non-USD deposits
3

Fidelity

Owns the share
★★★★★★★★★★4.5

Strongest on the long-term-investor side: research, cash management and low-cost index funds.

Minimum
None
Fractional
Yes
Regulators
SEC
US universe
Full US listed market
  • Retirement accounts
  • Buy-and-hold investors
  • Fractional investing in dollar amounts
  • Primarily a US-resident offering
4

IG

Shares or CFD
★★★★★★★★★★5.0

One of the few names offering genuine share dealing and CFDs under one login, with the rules changing by jurisdiction.

Minimum
None
Fractional
No
Regulators
FCA, ASIC, MAS
US universe
US share dealing plus a large US share CFD list
  • UK and AU investors
  • Traders who want share dealing and CFDs side by side
  • Inactivity fees on dormant accounts
  • Product mix differs sharply by country
5

Interactive Brokers

Owns the share
★★★★★★★★★★5.0

The default answer for a non-US investor who wants to actually own US shares rather than a derivative of them.

Minimum
None
Fractional
Yes
Regulators
SEC, FCA, CBI
US universe
Full US listed market (NYSE, Nasdaq, AMEX) plus 150+ global markets
  • Real share ownership from almost any country
  • Multi-currency accounts
  • Options, futures and international listings in one account
  • The desktop platform is dense and unforgiving for first-timers
  • Data subscriptions are billed separately
6

Merrill Edge

Owns the share
★★★★★★★★★★4.0

The reason to choose it is the banking relationship, not the trading platform.

Minimum
None
Fractional
No
Regulators
SEC
US universe
US listed stocks and ETFs
  • Existing Bank of America customers
  • Banking and investing under one login
  • Best value only if you already bank with BofA
  • US residents only
7

moomoo

Owns the share
★★★★★★★★★★5.0

Unusually deep data for the price; the offering differs a lot between its US, SG and AU entities.

Minimum
None
Fractional
Yes
Regulators
SEC, MAS, ASIC
US universe
US listed stocks, ETFs and options
  • Level 2 data on a budget
  • Asian-market investors buying US stocks
  • Promotional pricing changes often — read the current schedule
  • Feature set differs by entity
8

Robinhood

Owns the share
★★★★★★★★★★4.5

The simplest US app for buying a first share; the trade-off is depth of tools and research.

Minimum
None
Fractional
Yes
Regulators
SEC
US universe
US listed stocks and ETFs
  • Mobile-first US investors
  • Small dollar-amount buys
  • Simplicity over depth
  • Thin research tooling
  • Limited to a small set of countries
9

Saxo

Shares or CFD
★★★★★★★★★★4.5

Priced for size — the tiering rewards larger balances and punishes small ones.

Minimum
None
Fractional
No
Regulators
DFSA, FCA, MAS
US universe
US listed stocks plus 50+ global exchanges
  • Larger portfolios
  • Investors wanting US plus European and Asian listings
  • Bank-grade custody
  • Costs bite at small account sizes
  • No fractional shares
10

tastytrade

Owns the share
★★★★★★★★★★4.0

Built around options mechanics; stock trading is the supporting act.

Minimum
None
Fractional
No
Regulators
SEC
US universe
US listed stocks, ETFs, options and futures
  • Options-first traders
  • Derivatives alongside stock positions
  • Not a long-term buy-and-hold platform
  • No fractional shares
11

Trading 212

Shares or CFD
★★★★★★★★★★4.5

The FX conversion charge, not commission, is where the cost of a US trade actually sits.

Minimum
$1
Fractional
Yes
Regulators
FCA, CySEC
US universe
US listed stocks and ETFs plus share CFDs
  • European investors
  • Auto-invest pies
  • Very small starting amounts
  • FX conversion cost is the real fee on US stocks
  • Not available in the US
12

Vanguard

Owns the share
★★★★★★★★★★4.0

Built for people who want to stop looking at the screen, not for traders.

Minimum
None
Fractional
No
Regulators
SEC
US universe
US listed stocks and ETFs
  • Index-fund-centred retirement portfolios
  • Investors who trade rarely
  • Weak active-trading tooling
  • No fractional single-stock buys
13

Webull

Owns the share
★★★★★★★★★★4.5

Charting and screening well beyond what a zero-commission app usually ships with.

Minimum
None
Fractional
Yes
Regulators
SEC
US universe
US listed stocks, ETFs and options
  • Active traders who want free charting
  • Paper trading before going live
  • Options
  • Support is app-based
  • Country availability varies

Frequently asked questions

Which broker is best to actually own US shares?

Charles Schwab leads this list on our criteria: the security is held in your name or in nominee for you. A full-service US brokerage; thinkorswim gives it a genuinely strong active-trading platform.

Does a CFD count as owning the stock?

No. A contract for difference tracks the share price but confers no ownership, no voting rights and no real dividend — only a cash adjustment. It is a leveraged trading product, not an investment holding.

How is this list ordered?

By the criteria named on this page, using each broker's own published data. Commercial relationships never move a broker up a data-ordered table; where two brokers are genuinely equal on the criteria, our partners appear first and are labelled as partners.

Are the fees on this page current?

Every fee statement links to the broker's own pricing page, which is the authoritative source. We restate published figures rather than estimating them, and where a broker does not publish a number we print "not published".

Reviewed August 2026 · sources linked on each broker profile.