9 Best Roth Ira Providers of 2026

Fidelity ranks first because it removes the usual cost barriers on both sides of the Roth IRA decision. Its Roth IRA page lists $0 account fees and a $0 minimum, and self-directed savers can invest with as little as $1, including in target date funds built for retirement. Savers who would rather not pick funds can open Fidelity Go, which has no minimum to open, starts investing once the balance reaches $10, and charges a $0 advisory fee on balances under $25K, then 0.35% a year above that. That makes Fidelity the cheapest managed Roth IRA on this list for small balances, where Betterment charges $5 a month and Wealthfront 0.25% a year. The footnotes are honest about the limits: fund expenses, managed account fees and some transaction commissions can still apply. Fidelity offers no contribution match, so savers who want a bonus on each deposit should compare Robinhood and SoFi.

Schwab is the runner-up because it pairs Fidelity-level pricing with the most visible service options on its Roth IRA page. You can open the account with a $0 minimum deposit and pay $0 commissions on online listed equity trades whatever your balance or trading frequency. Options cost $0.65 per contract. The page offers professional answers 24/7 by phone and chat and a branch finder, and the Schwab Satisfaction Guarantee promises to refund a fee or commission if you are not completely satisfied. The fine print matters if you trade by phone: broker-assisted trades cost $25 and automated phone trades $5, and the $0 rate excludes over-the-counter stocks, transaction-fee mutual funds, futures and fixed income. It lands just behind Fidelity because its Roth IRA page does not advertise a fee-free managed option for small balances.

E*TRADE ranks fourth because its Roth IRA page lists no account minimums or maintenance fees and $0 online commissions on stocks, ETFs and mutual funds. It is the best fit here for savers who trade options inside a Roth IRA: the standard contract fee is $0.65 and drops to 50 cents for clients who place 30 or more stock, ETF and options trades a quarter. Bonds cost $1.00 each with a $10 minimum and $250 maximum, and Managed Portfolios are available for savers who would rather hand over the investing. E*TRADE does not offer the contribution match that Robinhood and SoFi advertise, and it lacks Fidelity's fee-free managed tier for small balances, which keeps it behind the top three on value.

Vanguard takes third place for savers who plan to hold index funds for decades. There is no charge to open a Vanguard IRA, Vanguard ETFs can be bought for as little as $1, and its fee schedule lists $0 online ETF and stock trades for clients with under $1 million at Vanguard. The catch is the mutual fund minimums: Vanguard says its mutual funds need $3,000 to $50,000 to start, so small savers who want the traditional mutual fund share classes will need to save up first or use the ETF versions. Options cost $0 plus $1 per contract, higher than Schwab and E*TRADE at $0.65, and a $25 broker-assisted commission can apply to phone trades. Experience scores lower than Fidelity and Schwab because the cheapest paths assume you are comfortable choosing funds yourself.

Merrill Edge is the natural Roth IRA for savers who already bank with Bank of America. Its Roth IRA page lists unlimited $0 online stock, ETF and option trades with no trade or balance minimums, with options subject to a $0.65 per-contract fee. Savers who want something steadier than stocks can use a Money Market IRA or Featured CD IRA offered through Bank of America, N.A., and Merrill Guided Investing builds a managed portfolio, with $0 program fees for 6 months under offer code 6FREE. The page also notes a sales transaction fee of $0.01 to $0.03 per $1,000 of principal. It ranks behind E*TRADE because its value depends more on an existing Bank of America relationship, and it offers no contribution match.

Robinhood is the pick for savers who will contribute every year and want something extra back. Without a subscription it adds a 1% match on annual contributions, IRA transfers and old 401(k) rollovers. With Robinhood Gold at $5 a month, the contribution match rises to 3%, which Robinhood says is worth $225 on a maxed-out 2026 contribution. At $60 a year for Gold, the 3% tier pays for itself only for savers who contribute more than about $3,000 in a year, and you must keep Gold for 1 year from your first Gold match. Matched money must stay in the account at least 5 years to avoid an Early IRA Match Removal Fee, and the match does not apply to managed IRAs from Robinhood Strategies. It scores lower on quality than the large brokers because the Roth IRA page focuses on the match rather than on fund choice, research or in-person support.

SoFi suits savers who like Robinhood's match idea but do not want to pay a subscription. Its IRA page offers a 1% match on IRA contributions and 401(k) rollovers, $0 commissions on stocks and ETFs, and options trading inside the IRA. You can pick your own investments or let SoFi's robo-advisor build and manage the portfolio, and every member can book a complimentary 30-minute session with a SoFi Financial Planner. Matches require a 5-year holding period and SEP IRAs are excluded. SoFi trails Robinhood on value because Robinhood offers the same 1% for free and 3% with Gold, and it trails the big brokers on quality because its Roth IRA page says less about fund choice and research.

Betterment is the strongest pure robo-advisor here for Roth IRA savers who want every decision automated. It builds and manages a globally diversified portfolio, and if you also hold a taxable account it coordinates where each investment sits to reduce your overall tax bill. Its pricing page sets the base price at $5 a month and switches you to 0.25% a year once you set up $200 or more in recurring monthly deposits or reach $24,000 across Betterment investing accounts. Premium costs 0.65% a year on the first $1 million, needs $100,000, and adds access to financial experts. Betterment charges a flat $75 for each outbound account transfer. Value scores lower than the brokers because Fidelity Go manages balances under $25K for $0, while Betterment charges either a monthly fee or a percentage on every balance.

Wealthfront is the managed Roth IRA for savers who earn too much to contribute to a Roth directly. Its IRA page says you can convert to a backdoor Roth IRA in a few taps if you earn more than the income threshold. The Wealthfront Portfolio charges a flat 0.25% advisory fee a year, which the pricing page puts at $3.18 a month on a $15,000 balance, and the software makes trades, rebalances and reinvests excess cash automatically. Unlike a target date fund, you can add or remove funds and change allocation weights. It ranks last here only because every option above it is cheaper for a typical small Roth IRA: Fidelity Go charges $0 under $25K, and the self-directed brokers charge no account fee at all.