Best Roth IRA Companies in 2026

Fidelity is our pick for most Roth IRA savers because it combines low cost with breadth. There is no fee to open or hold a retail IRA, no minimum to start, and you can buy stocks, ETFs, and thousands of mutual funds, including Fidelity ZERO index funds that charge no expense ratio at all. Fractional share investing lets small contributions buy into pricey stocks and ETFs right away.

The platform also includes retirement planning tools, goal tracking, and research from many independent firms, which helps as a portfolio grows. The sheer number of menus and tools can feel busy at first, and beginners may need a few sessions to find their way around. For a Roth IRA you plan to hold for decades, Fidelity's mix of cost, choice, and tools is hard to beat.

Charles Schwab matches Fidelity on the basics: no IRA account fee, no minimum to open, and commission-free online stock and ETF trades. Where it stands apart is service. Schwab runs hundreds of branches across the US, offers phone and chat support around the clock, and publishes a deep library of retirement education. Investors who like talking to a person, in person or by phone, will notice the difference.

Schwab's index funds are low cost, though it does not offer funds with a zero expense ratio like Fidelity's ZERO lineup. Its robo-advisor, Schwab Intelligent Portfolios, also holds a cash allocation that some investors dislike. For savers who value service and a branch nearby, Schwab is the best company for a Roth IRA.

Vanguard built its name on low-cost index investing, and a Roth IRA there still gives access to some of the cheapest broad-market ETFs available, with no commission on Vanguard ETF trades and no account fee with electronic delivery. Its target-date funds are a simple one-fund choice for savers who want a portfolio that adjusts with age.

The catch is minimums. Many classic Vanguard mutual funds still require $1,000 to $3,000 to start, though ETFs avoid that problem since you only need the share price. Vanguard's website and app also feel less modern than Fidelity's or Schwab's, which matters if you check your account often. For buy-and-hold index investors who are comfortable with ETFs, Vanguard remains a strong Roth IRA company.

E*TRADE, part of Morgan Stanley, offers a Roth IRA with no account fee, no minimum, and commission-free stock and ETF trades. Its fund lineup is large, with thousands of no-transaction-fee mutual funds, and its trading platforms suit investors who trade more actively than the average retirement saver. Automated recurring investments help steady contributors keep a schedule without thinking about it.

ETRADE does not offer an IRA contribution match, and its retirement planning tools are thinner than Fidelity's or Schwab's. New-account promotions appear from time to time, so check the current offer before opening. ETRADE fits savers who want a Roth IRA inside a capable trading platform rather than a pure retirement shop.

Robinhood changed the Roth IRA conversation by offering a match: 1% on contributions, transfers, and rollovers, rising to 3% for Robinhood Gold members, who pay a monthly subscription. No other major brokerage matched that idea at first, and for a saver contributing every year, the match adds up over time. Stock and ETF trades are commission-free, and the app is simple to use.

The limits matter. Robinhood offers stocks and ETFs but no mutual funds, so index fund fans must use ETFs instead, and its retirement planning tools are thinner than those of Fidelity or Schwab. The match also comes with holding requirements, so read the terms before moving money. Robinhood suits savers who want the match and are comfortable building an ETF portfolio.

Betterment is a robo-advisor, which means it builds and manages your portfolio for you. Answer questions about your goals and risk tolerance, and it places you in a diversified ETF portfolio, rebalances it as markets move, and adjusts it as retirement nears. That hands-off approach suits savers who know they should invest but do not want to pick funds or watch markets.

The cost is a 0.25% annual advisory fee on the Digital plan, on top of the small expense ratios of the ETFs themselves. You also give up direct control over individual holdings. For a Roth IRA, tax-loss harvesting does not apply inside the account, so the fee buys management and discipline, not tax tricks. If you want a Roth IRA you can set and mostly forget, Betterment is the best company for that job.

SoFi offers a Roth IRA with no account fee, commission-free trades, and a 1% match on contributions and 401(k) rollovers, which puts it in rare company alongside Robinhood. It also offers both self-directed investing and a robo-advisor, and members can book a complimentary session with a financial planner, which is unusual at this price point.

The fund and research lineup is narrower than Fidelity's or Schwab's, and getting the most from the advisor access takes some steps. Promotions for opening and funding an account appear regularly, so check current terms. SoFi fits savers who want a match, a simple app, and a chance to talk to a planner without paying advisory fees.

Merrill Edge, Bank of America's brokerage, offers a Roth IRA with no account fee in most cases, commission-free stock and ETF trades, and a fund lineup of thousands of options. Its guided investing service adds a managed portfolio for savers who want help. For existing Bank of America customers, the appeal is practical: banking and investing sit in one login.

The Preferred Rewards program can waive fees and add perks, but the best tiers require sizable combined balances, so not every customer benefits. Research and planning tools are solid but not as deep as Fidelity's. Merrill Edge is the best Roth IRA company for savers already banking with Bank of America who want everything in one place.