If you're looking for a brokerage app with no commission fees for options trading, Public is a top pick. Public is an all-in-one investing app with no commission fees for options trading. It offers a multi-asset portfolio, a high-yield cash account earning 5.1% APY, and AI-powered insights to help you make the best investment decisions. Public also is transparent about its business, not engaging in payment for order flow and offering rebates for options trading, so you can trust the app.
Another contender is Alpaca. Alpaca is an API-based service that offers commission-free stock trading, including options. It's geared for developers and businesses that want to build trading into their own apps. The service supports a range of programming languages and offers more advanced investing and trading options like margin and short selling. Although it has no commission fees, you'll need to check fee schedules and disclosures to see what's actually involved.
If you're interested in AI-powered investment advice, Pluto could be a good option. Pluto offers intelligent portfolio management and real-time market data to help you make the best investment decisions. The service uses AI to respond to your investment questions in real time, drawing from data from more than 40 sources. It also offers portfolio optimization recommendations and real-time data, so you can better control your financial future.