Top Brokers for $0 Minimum Mutual Funds: Fidelity and Schwab Lead the Pack
For new investors seeking entry into mutual funds with minimal capital, Fidelity Investments emerges as the clear leader. The firm's unique offering of $0 account minimums, zero fees, and no investment thresholds on its proprietary Fidelity ZERO Funds removes traditional barriers to entry.
Charles Schwab follows closely, distinguishing itself through an extensive selection of no-transaction-fee (NTF) funds and robust analytical tools. While both brokers eliminate stock and ETF commissions industry-wide, their mutual fund accessibility sets them apart for beginners.
The competitive landscape reveals a growing divide between platforms that merely advertise zero account minimums and those that genuinely democratize access to diversified portfolios. This shift mirrors broader financial democratization trends seen across asset classes, including cryptocurrency markets.