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2. Broker for Beginner

SoFi Active Investing

Why we like itSoFi Active Investing’s $0 trading commission and $0 account minimum is attractive to new investors, but a lack of investment choices such as mutual funds and bonds is a drawback for those saving for retirement.

Pros

  • Commission-free stock and ETF trades.
  • Cryptocurrency trading.
  • Fractional shares available.
  • No account minimum.
  • Free financial counseling.

Cons

  • Small selection of tradable securities.
  • Limited track record.

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