Our deep, independent analysis of online brokers sorts through key account details to find and evaluate the information investors want when choosing an account. To see our full methodology and learn more about our process, read our criteria for evaluating brokers.
Over 60 investment account providers reviewed and rated by our expert Nerds.
More than 50 years of combined experience writing about finance and investing.
Hands-on testing of the account funding process, broker websites and stock-trading platforms.
Dozens of objective ratings rubrics, and strict guidelines to maintain editorial integrity.
The best broker for mutual funds when it comes to breadth of available options is Interactive Brokers IBKR Lite. This broker offers more than 48,000 funds, over 18,000 of which have no transaction fees.
But there are several other great contenders that earn top marks, so it may be worth comparing to see which broker offers the best features for you. Here’s NerdWallet’s roundup of the best brokers for mutual fund investors. All of the brokers here offer a range of low-cost mutual funds and resources to effectively manage your portfolio.