Invest with Step – Stocks, ETFs & Crypto | No Fees | Step
INVEST WITH AS LITTLE AS $1
Buy and sell thousands of stocks on your terms without commission fees. Choose from fractional shares of your favorite companies or ETFs.
Tailored to your risk strategy
You tell us your risk tolerance and we’ll recommend the investments that are best aligned to your risk profile.
Trade whole or fractional shares
Explore the world of investing by trading whole or fractional shares, perfect for beginners at any budget.
Low
Securities that are less volatile than the overall market.
Moderate
Securities that are similar to volatility as the overall market.
High
Securities that have higher volatility than the overall market.
Invest spare change with Round Ups
With every purchase you make, we'll invest the change into a stock of your choice.
KNOWLEDGE IS POWER
Learn more about investing with Money 101
Investing 101: Terms You Need to Know
An Investing Checklist for Beginners
WE KNOW WHAT YOU’RE WONDERING...
What’s the difference between stocks, ETFs, and bitcoin?
Stocks are shares of ownership in public companies; the price of a stock reflects the value of that company. ETFs are baskets of investments like stocks or bonds that are managed by experts. Crypto is a digital asset that is unregulated and doesn’t have any intrinsic value. The price is determined by what people are willing to pay, not the success of the underlying company. All stocks, ETFs, and crypto contain risk of loss and should be carefully considered before you purchase or sell.
Are my investments insured?
At Step, your deposits and your deposit account are FDIC-insured up to $250,000 through our bank partner, Evolve Bank & Trust, Member FDIC. Separately, your stock account (for your stock and ETF investments) is SIPC-insured up to $500,000 through our stock investments partner, Drivewealth, LLC. However, it’s important to note that cryptocurrencies are not protected by the FDIC or SIPC.
What are the tax implications of investing with Step?
Investing in stocks and cryptocurrencies may have state and federal tax implications. If you are under 18 and investing with Step, parents and legal guardians are responsible for reporting taxable income on your subaccount(s). Consult your investment advisor, accountant, or legal counsel regarding your particular circumstances.
Why do I need permission if I’m under 18?
If you are under 18, you can’t own stocks or crypto outright, but a parent or guardian can create an account and allow you to buy and sell investments based on their recommendations. When you turn 18, you can become the sole owner of your Step account, at which point we’ll transfer ownership of the stock or crypto assets to you.