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Brokerage Account Review🏦 Best Bank + Brokerage Bundle

Axos Invest

Axos Bank

Stock trades $0. Axos Bank customers and cost-conscious investors who want commission-free trading paired with online banking.

At a Glance

Stock Trades

$0

Options Trades

$1.00/contract (Basic); $0.80/contract with Axos Elite ($10/mo)

Min. Deposit

$0

Research Tools

Basic

Fractional Shares

No

Crypto Trading

No

Rates & Fees

Stock Trades

$0

Options Trades

$1.00/contract (Basic); $0.80/contract with Axos Elite ($10/mo)

Min. Deposit

$0

Account/Inactivity Fee

None for Basic Self-Directed Trading; Axos Elite is $10/mo and unlocks margin plus lower options pricing; Managed Portfolios charge $1/mo under $500 or 0.24% annually above $500

Full Transfer-Out Fee

$75 for a full account transfer (ACAT)

Key Features

Commission-free self-directed stock and ETF trading bundled with Axos online banking for a unified money dashboard

Optional Managed Portfolios (robo-advisor) sit alongside self-directed trading in the same ecosystem

Axos Elite upgrade ($10/mo) adds margin trading and reduced per-contract options pricing

Pros & Cons

Pros

  • Zero-commission stock/ETF trading with no account minimum
  • Convenient for existing Axos Bank customers wanting banking + investing in one login
  • Elite tier lowers options costs and unlocks margin for more active traders

Tradeoffs

  • No fractional shares on self-directed trading
  • Mobile app support for self-directed trading lags — full mobile experience is Managed Portfolios-only
  • Research and charting tools are basic compared to Fidelity, Schwab, or IBKR

Best for: Axos Bank customers and cost-conscious investors who want commission-free trading paired with online banking

How to Apply

Decide which account type fits your goal — Axos Bank offers Individual, Joint, Roth IRA, and more.

Have your Social Security number, employment information, and a funding source (bank account or transfer) ready.

Open the account directly on Axos Bank's site or app; identity verification is required by federal law for all brokerages.

Fund the account with any amount — this broker has no minimum deposit requirement.

Review commission schedules and any account fees before placing your first trade.

How It Compares

Current product highlighted
ProductStock TradesOptions TradesMin. Deposit
Axos Invest$0$1.00/contract (Basic); $0.80/contract with Axos Elite ($10/mo)$0
Fidelity Investments$0$0.65/contract$0
Charles Schwab$0$0.65/contract$0
E*TRADE$0$0.65/contract ($0.50 for 30+ trades/qtr)$0

Frequently Asked Questions

Does Axos Bank charge fees to trade stocks?

Axos Bank's stock trade commission is "$0." Options trades are priced at $1.00/contract (Basic); $0.80/contract with Axos Elite ($10/mo), and other fees (like broker-assisted trades or account transfers) can still apply.

What's the minimum deposit for Axos Bank?

Axos Bank doesn't require a minimum deposit to open an account, so you can start with any amount.

Can I trade fractional shares and crypto with Axos Bank?

Axos Bank does not currently support fractional shares, and does not offer direct crypto trading.

Are there any ongoing or account-closing fees with Axos Bank?

Account/inactivity fee: None for Basic Self-Directed Trading; Axos Elite is $10/mo and unlocks margin plus lower options pricing; Managed Portfolios charge $1/mo under $500 or 0.24% annually above $500. Fee to transfer your full account to another broker: $75 for a full account transfer (ACAT). Transfer-out fees are common industry-wide and are charged by the broker you're leaving, not the one you're moving to.

How does Axos Bank compare to other brokerages?

See the "How It Compares" table on this page for a few close alternatives side by side, or browse the full list of brokerage accounts to compare commissions, minimums, and platform features.

Other Brokerage Accounts

Fidelity Investments

Stock trades: $0

Charles Schwab

Stock trades: $0

E*TRADE

Stock trades: $0

Fees and features shown are illustrative as of 2026 and subject to change — always confirm current terms directly with the broker before opening an account.

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