As your business builds up cash, a question follows: what to do with capital that is sitting idle. You may want it earning something in the financial markets, without locking it away, so it can still cover a project or an unexpected expense at short notice.
In this article, we walk you through the best brokerage account options for businesses. The eight below are the providers that actually open accounts in a company name and publish enough detail to compare, judged on regulatory standing, cost, product range, which countries they accept a company from, and how workable the opening process is. Minimums, product lists and eligibility rules were checked against each provider’s published pages in September 2026, and where a provider publishes nothing we say so instead of filling the gap.
Before the detail on each one, it is worth knowing what a company account actually involves, because it is not simply a personal account with the company name on it. The application is heavier, the minimums are often higher, at some brokers the product range inside the account is narrower than the retail version, and in Europe and the UK you will need a Legal Entity Identifier before you can trade at all. All of that is covered below.
Best business brokerage accounts
Interactive Brokers (Best overall)
Founded in 1978, IBKR is one of the world’s most established brokers and has the widest geographic reach on this list, opening company accounts in most countries. The business account covers corporations, partnerships, limited liability companies (LLC brokerage accounts) and unincorporated legal structures, with no minimum deposit.
Webull
A US trading platform with no commission on US stock and ETF trades. Entity accounts are open to LLCs and to C and S corporations, and need $100,000 to open plus $50,000 kept in the account.
Lightyear
A European app with a business account for limited companies, partnerships and cooperatives, available in 22 countries with no minimum deposit. You can hold Money Market Funds (MMFs), stocks, ETFs, bonds and, in the EU only, crypto. Lightyear also registers your LEI code at cost, at £42.50 plus VAT in the UK or €48 plus VAT in the EU. You can claim up to €300 in a fractional share or ETF or MMF with the promo code “INVESTINGINTHEWEBBIZ“. Retail investors have a similar offer. Investing involves risk. Promotional terms apply, you can get acquainted with them via our link.
Saxo Bank
Founded in 1992, Saxo is a Danish broker with more than 71,000 instruments and an investment-grade credit rating. The Classic tier has no published minimum deposit, though Saxo says initial funding varies by country of residence.
Vanguard
The second largest investment company after BlackRock, with more than 50 million investors. The Organization Account has no account minimum and is geared towards long-term, buy-and-hold investing rather than short-term trading.
eToro
A multi-asset broker with 4.28 million funded accounts across 75 countries. To open an eToro corporate account you contact customer service directly, and the first deposit has to be at least $10,000.
Charles Schwab
The largest US retail broker by client assets, with no commission on online US stock and ETF trades. An Organization Account requires a $100,000 relationship minimum and a paper application.
Questrade
A Canadian broker that opens accounts in the name of your business. The entity types are Corporate Cash, Corporate Margin, Partnership and Sole Proprietorship, and it accepts international corporations, with the exception of US entities.
| Broker | Minimum | Company based in | Main products | How to open |
| Interactive Brokers | $0 | Worldwide | Stocks, ETFs, options, futures, forex, commodities, bonds, funds, crypto | Online |
| Webull | $100,000, plus $50,000 kept | US entities | Stocks, ETFs, options, fixed income, money market | Entity team |
| Lightyear | €0 | 22 European countries | Stocks, ETFs, bonds, money market funds, crypto (EU only) | Online |
| Saxo | €0 for Classic, varies by country | On the serviced-country list only | Stocks, ETFs, options, futures, bonds, funds | Online, about a week |
| Vanguard | No account minimum | US organisations | Stocks, ETFs, bonds, funds, money market funds | Online, plus documents |
| eToro | $10,000 | Depends on the eToro entity | Stocks, ETFs, crypto, CFDs | Support ticket |
| Charles Schwab | $100,000 relationship | US organisations | Stocks, ETFs, bonds, funds, futures | Paper application |
| Questrade | Not published | Canada and abroad, not the US | Stocks, ETFs, options, bonds, funds, forex, CFDs | Online |
Business and entity account terms as published by each provider, checked in September 2026. Minimums are what the provider states for the entity account itself and are not the same thing as a fund minimum.
What is a business brokerage account?
A brokerage account is an investment account that gives you access to financial products such as stocks, ETFs, bonds, futures and crypto. The word “business” only indicates that the account holder is a legal structure (a corporation, an LLC, a partnership) rather than a person.
In practice the product range is similar to a retail account, with some twists. Minimum deposits are usually higher, pricing can be better at scale, and support is often more personalised. It also works the other way round: at some brokers the entity account is deliberately narrower than the retail one. Webull, for example, lists stocks, ETFs, options, fixed income, cash management and money market products for entity accounts, and no futures.
The reasons companies invest through the entity rather than the owner’s personal account are usually tax treatment, diversification of where the cash sits, and keeping company money inside the company. Tax treatment varies by country and by entity type, so that part is a question for your accountant rather than for a comparison table.
You will probably need an LEI first
If your company is in the European Union or the United Kingdom, there is a step before any of this: a Legal Entity Identifier (LEI), a 20-character code defined by the ISO 17442 standard that uniquely identifies a legal entity in financial transactions. It is issued by organisations accredited by the Global Legal Entity Identifier Foundation (GLEIF), and the reference data is public and free to search.
It matters because of transaction reporting. Under Article 26 of the Markets in Financial Instruments Regulation (MiFIR), an investment firm has to identify its client by LEI in the transaction reports it files. The European Securities and Markets Authority (ESMA) put it plainly in its LEI briefing note of 9 October 2017: a client that is a legal entity needs to obtain an LEI code if it wants the investment firm to keep acting on its instructions. A separate LEI obligation applies to derivatives reporting under the European Market Infrastructure Regulation (EMIR).
So for an EU or UK company this is a prerequisite, not an optional extra. The code has to be renewed every year or it lapses. GLEIF charges the issuing organisation a contribution of $11 per LEI per year. What you actually pay is whatever the issuer or agent charges on top of that. Some brokers will register one for you: Lightyear does it at cost.
Where the idle cash actually sits
If the point of the account is to stop cash earning nothing, it helps to know that brokers do this in three different ways, and they are not equivalent.
The first is a cash sweep or credit interest, where the broker pays you a rate on uninvested balances, sometimes by moving the money to partner banks. Interactive Brokers, Charles Schwab and Vanguard’s Cash Plus Account all work this way. Money at a bank is a deposit, so in the US it can carry Federal Deposit Insurance Corporation (FDIC) cover, and the rate is set by the broker and moves with central bank rates.
The second is a money market fund, which is what Lightyear and Webull offer. This is an investment, not a deposit. It is not covered by deposit insurance, the yield is whatever the fund earns after fees, and you are exposed to the fund rather than to the broker’s balance sheet.
The third is buying short-dated government paper yourself, through Treasury bills, short-dated government bonds or a bond ETF. That needs a broker with bond access, which rules out the narrower entity accounts, and it leaves you managing maturities.
Whichever route you pick, the rate is not a fixed feature of the broker. It follows policy rates and can change without notice, so check the live figure on the provider’s own page on the day you fund the account rather than trusting any comparison table, including this one.
#1 Interactive Brokers (Best overall)
IB corporate accounts at a glance
Founded in 1978 and listed on NASDAQ under the ticker IBKR, Interactive Brokers is a global broker with a long record of conservative risk management. It joined the S&P 500 on 28 August 2025, and its August 2026 brokerage metrics report 5.46 million client accounts and $962.8 billion in client equity, up 35% on the year.
Interactive Brokers offers an advanced platform that lets you invest globally in stocks, ETFs, options, futures, currencies, bonds, mutual funds and real cryptocurrencies from a single integrated account, with access to over 170 markets in 40 countries and funding in 29 currencies. Crypto is executed and held by Paxos Trust Company or Zero Hash, and reached the European Economic Area in March 2026 through Interactive Brokers Ireland. You can also delegate user permissions across sub-accounts, which is useful when the bookkeeper, the treasurer and the CEO each need a different level of access.
With Interactive Brokers, businesses worldwide can open a company account. Supported structures include small businesses, limited liability companies, corporations, partnerships, hedge funds, proprietary trading firms, family offices, registered investment advisors (RIAs) and trusts. Sole proprietorships are not named as a separate type; IBKR’s small business page covers them under unincorporated legal structures.
IBKR routes orders through IB SmartRouting, which sends each order to the best available venue at that moment, and provides a broad set of technical and fundamental research tools. The platform suite includes Trader Workstation, IBKR Desktop, Client Portal, IBKR Mobile and IBKR GlobalTrader, which was rebuilt and relaunched in December 2025.
Interactive Brokers’ fee structure is on the complex side and the registration process is thorough, though fully online, and the broker does not offer commission-free trading outside the US. Set against that are low commissions, competitive currency conversion and the optional Stock Yield Enhancement Program, which splits securities lending revenue 50/50 with you. Whether it works out cheaper than a commission-free rival depends on how much you trade and in how many currencies, so run your own numbers on your expected activity.
Want to know more about Interactive Brokers? Read directly on Interactive Brokers’ small business landing page or visit our Interactive Brokers review.
#2 Webull
Webull business accounts at a glance
Webull is a US-headquartered broker with a broad retail range: stocks including American Depositary Receipts (ADRs), ETFs, options, futures, fixed income and crypto in supported markets. Its second quarter 2026 results report 28.2 million registered users and 5.13 million funded accounts as of 30 June 2026, with trading in 18 markets. Webull shares began trading on NASDAQ under the ticker BULL on 11 April 2025, after a merger with SK Growth Opportunities Corporation.
Webull offers $0 commissions on US stock and ETF trades. Other fees still apply. Its revenue comes from securities lending, interest on cash balances, margin interest and payment for order flow, the practice of being paid by a market maker for routing your orders to it. Webull’s annual report for 2025 puts equity and option order flow income at $304.1 million, or 53.3% of total revenue.
The platform supports extended hours trading in the pre-market and after-hours sessions, a desktop client for more advanced setups alongside the web and mobile apps, and round-the-clock customer support. The range is built around US trading, so if you need global market access or institutional-grade FX and futures execution, Webull is not the fit.
For business accounts specifically, Webull’s entity accounts page lists Limited Liability Companies (LLCs), C-Corporations and S-Corporations. Partnerships and sole proprietorships are not on the list. The account requires a $100,000 initial deposit and a $50,000 equity balance kept in the account.
The products named for entity accounts are stock and ETF trading, options trading, cash management, fixed income trading and money market trading. Futures do not appear, so a company that wants to hedge with futures will need another broker. Webull also asks for a separate login per entity account, and a cash and a margin entity account need two logins with two different phone numbers.
Documents required are government IDs for every authorised signer and beneficial owner, the certificate of incorporation or organisation, a signed form W-9 and a corporate resolution. Funding has to come from a bank account in the same business name, and Webull says review takes three to four business days.
You cannot open a Webull business account directly through the website. You contact Webull’s dedicated entity team to start the application.
#3 Lightyear
Lightyear business accounts at a glance
Terms apply, seek guidance if necessary. When you invest, your capital is at risk.
Lightyear is a European investment app that operates in Europe and the UK via the entity Lightyear Europe AS, authorized and regulated by the Estonian Financial Supervision Authority (EFSA, license number 4.1-1/31) and the entity Lightyear UK Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA).
The business accounts are currently available in 22 countries, including the UK, Portugal, Estonia and Hungary. Lightyear’s help centre says it supports most standard business structures, including private and public limited companies, partnerships and cooperatives. Public sector bodies, charities and private foundations are not eligible, and the director opening the account needs a personal Lightyear account first. You can invest in money market funds, in over 6,000 stocks and ETFs, and in bonds, and Lightyear registers a Legal Entity Identifier (LEI) for you at cost, £42.50 + VAT in the UK or €48 + VAT in the EU. It also fills the form W-8BEN-E automatically so US dividends are taxed at the reduced treaty rate.
Crypto is available on EU business accounts, excluding Hungary, and is not offered in the UK.
There are no Lightyear execution fees to trade ETFs. Do note that fund manager fees apply. Pricing then splits by entity.
Under Lightyear Europe, US stocks cost 0.1% per order with a $1 cap and a $0.10 minimum, UK stocks £1 per order, and EUR-denominated stocks, bonds, ETNs and ETCs €1 per order. Other European stocks are charged 0.1% per order with no cap, so a large order in, say, a Swiss or Nordic line can cost more than a euro. Currency conversion is 0.35%, which you avoid altogether when you already hold the currency, since Lightyear supports EUR, GBP and USD balances. Under Lightyear UK, US, UK and EU stocks carry no commission and currency conversion is 0.1%.
Lightyear offers competitive rates through MMFs. The following rates are net, variable, true as of 28-Sep-2026 and differ depending on whether the MMF is managed by BlackRock or J.P. Morgan:
- EUR: 2.43% (AER/APY) or 2.42% (AER/APY);
- GBP: 3.84% (AER/APY);
- USD: 3.88% (AER/APY).
J.P. Morgan is offered for EUR depending on the country, and for USD in Ireland and Portugal. Finally, crypto costs 0.45% per order.
You can claim up to €300 in a fractional share or ETF or MMF with the promo code “INVESTINGINTHEWEBBIZ“.
On investor protection, the two entities are not the same. Under Lightyear Europe, the Estonian Investor Protection Sectoral Fund covers up to €20,000 per investor, and the Estonian Guarantee Fund states that it protects investments by businesses as well as individuals. Under Lightyear UK, the Financial Services Compensation Scheme (FSCS) covers up to £85,000, but the Financial Conduct Authority’s COMP 4.2.2R lists large companies among those who are not eligible claimants, so a company above the small-company thresholds of section 382 of the Companies Act 2006 is outside FSCS cover. Crypto is outside both schemes, and money held in a money market fund is an investment rather than a protected deposit. US securities are covered by the Securities Investor Protection Corporation (SIPC) up to $500,000 through Alpaca.
The main limitation is breadth: there are no options, no forex and no direct commodity trading, only exchange traded commodities (ETCs).
Disclaimer: Investing involves risk. See full T&Cs. Terms apply: lightyear.com/terms. Only invest excess capital. Money market funds are considered investments and are not FSCS protected.
#4 Saxo
Saxo business accounts at a glance
62% of retail CFD accounts lose money.
Launched in 1992 in Copenhagen, Saxo (formerly Saxo Bank) is one of the most established multi-asset brokers in the industry. It holds an investment-grade A- rating from S&P Global, affirmed with a positive outlook in August 2026, and its company figures report more than 1.5 million clients and over €150 billion in client assets. Swiss private bank J. Safra Sarasin completed its acquisition of roughly 71% of Saxo on 2 March 2026, with founder Kim Fournais keeping around 28% and the remainder held by other shareholders. The deal adds institutional backing without changing the day-to-day product experience. Saxo lets you trade over 71,000 financial instruments through its SaxoTrader platform suite on web, desktop and mobile.
Saxo’s corporate account tiers mirror its retail structure:
- Classic: the default tier. Saxo publishes a €0 minimum deposit for Classic and says initial funding varies by country of residence, so check the figure on your local account opening form. Gives access to tight spreads and support 24 hours a day, five days a week;
- Platinum: qualify with a deposit of €200,000 or a given trading volume. Better pricing, with priority support in local languages and a named contact;
- VIP: qualify with a deposit of €1,000,000 or a given trading volume. Best pricing, a relationship manager, trading experts and event invitations;
- Saxo Elite: for clients with over €5 million in assets or €200 million in annual trading volume, with a dedicated relationship manager. Minimum requirements vary by region.
You are placed in a tier by your initial funding within 30 days, then moved automatically after three months to the tier that matches your trading volume.
Pricing scales with the tier. A US stock order costs 0.08% of trade value at Classic, 0.05% at Platinum and 0.03% at VIP, with a $1 minimum at every tier. Saxo notes that its published prices are indicative and vary by country of residence.
Custody fees are not a single global rate. Saxo charges nothing in Belgium, France, Italy, Japan, the Netherlands and Switzerland. In the UK it is 0.12% a year on stocks, ETFs, ETCs and bonds for Classic and Platinum and 0.08% for VIP, and 0.05% on funds at every tier. In the UAE and the wider Middle East it is 0.15% for Classic and Platinum and 0.05% for VIP. There is no minimum custody fee. Check the rate for your own country of residence before you commit, since Saxo does not publish a row for every market.
Saxo states that a business investment account is typically approved within one week, provided you have a corporate bank account and submit clear copies of all required documents:
- Memorandum and Articles of Association;
- Certificate of Incorporation;
- Proof of the company’s business address (if different from its registered address), for example, a company bank statement or utility bill less than three months old, issued in the company’s name;
- Latest financial statement;
- Group structure diagram (only for entities within complex group structures).
In addition, every beneficial owner with 25% or greater ownership and each company director must submit:
- Passport;
- Proof of residency (e.g. a utility bill less than three months old showing the date, applicant’s name, and address matching the application).
One point of geography worth knowing: Saxo’s list of serviced countries does not include the United States or South Korea. Saxo Australia was sold and rebranded to Totality in August 2025, so Australian companies now deal with Totality rather than Saxo, and Saxo’s Hong Kong arm stopped opening new accounts in September 2024. Saxo also warns that the countries it services and the countries it onboards new clients from are not always the same list, and that you can only open an account if your country appears on the account opening form.
The trade-off with Saxo is the pricing structure: the headline commission depends on your tier, custody fees depend on your country, and Saxo states that its published prices are indicative, so the cost you actually pay is harder to work out in advance than at a flat-fee broker.
For more details, see the corporate investment accounts page on Saxo’s site.
#5 Vanguard
Vanguard business accounts at a glance
Founded in 1975 by John Bogle, Vanguard is the world’s second largest investment manager after BlackRock, and reports more than 50 million investors as of 31 December 2025, the most recent figure it publishes. Vanguard no longer publishes a headline assets under management figure on its own site, so treat any total you see quoted elsewhere as third-party data. Vanguard is owned by its own funds, which are in turn owned by their shareholders. The firm is led by CEO Salim Ramji, who took over from Tim Buckley in July 2024.
Vanguard’s retail brokerage is focused on the US and UK. For corporate accounts, the Organization Account is open to a wide set of US entities: corporations, partnerships, limited liability companies, sole proprietorships, endowments and foundations, estates, professional associations and unincorporated enterprises. That is a broader list than either Schwab or Webull. Vanguard does not publish an eligibility statement for non-US organisations, and the related Cash Plus application says plainly that only US organisations can open one, so treat this as a US-entity product.
The brokerage segment was introduced in 1983 to add diversification by combining stocks and bonds with Vanguard’s flagship mutual fund offering. The Vanguard brokerage is not designed for short-term traders, it remains explicitly positioned for long-term, buy-and-hold investors, which makes it a natural fit for businesses parking idle capital in low-cost index funds, treasuries, or money market funds rather than active trading.
With a Vanguard Organization Account you can invest in stocks, ETFs, certificates of deposit (CDs), money market funds and bonds in your business’s name. There is no minimum to open the account: the $3,000 figure that circulates is the minimum investment in most Vanguard mutual funds, and with ETFs the effective minimum is the price of one share. A $25 annual account service fee applies, waived if you take statements electronically.
Opening is done online, with two supporting documents: proof that the entity is legally established and proof of who is authorised to sign. Vanguard also offers the Vanguard Cash Plus Account, which has its own application for organisations, for idle business cash. Cash is swept to partner banks, and Vanguard describes the resulting FDIC coverage as up to $1.25 million for individual, trust and organisational accounts. That is FDIC programme coverage spread across several partner banks rather than $1.25 million at one bank, and it is not a Vanguard guarantee. The headline yield has at times included a promotional boost with an expiry date attached, so read the rate on the page rather than the marketing.
The limitation with Vanguard is scope: it is a US-entity product built for buy-and-hold investing, with no international markets and no futures or forex, so it suits a company parking cash in index funds rather than one that needs to trade or hedge.
On costs, US stocks and ETFs trade at $0 online, and Vanguard mutual funds at $0. Non-Vanguard funds are where it gets more expensive: under the fee schedule effective 10 July 2026, transaction-fee funds cost $20 per online trade for accounts under $1 million, and there is a $50 early redemption fee on sales within 60 calendar days of purchase. Non-Vanguard no-transaction-fee funds remain $0 online. Check the schedule before trading outside the Vanguard fund family.
For more details on Vanguard’s corporate offering, see the Organization Accounts landing page on Vanguard’s site.
#6 eToro
eToro business accounts at a glance
55% of retail CFD accounts lose money.
Founded in 2007 in Israel, eToro is a multi-asset broker whose own materials now describe a platform used by people in 75 countries. Its second quarter 2026 results report 4.28 million funded accounts, up 18% on the year, and it reported 40 million registered users in June 2026. The platform offers real stocks, ETFs and cryptocurrencies, plus contracts for difference (CFDs), leveraged contracts that track a price without owning the asset, on stocks, ETFs, indices, currencies and commodities. eToro priced its initial public offering on 13 May 2025 and began trading on NASDAQ the following day under the ticker ETOR.
eToro is no longer commission-free on stocks: real ETFs trade at $0 commission, but real stocks carry a commission of $1 or $2 both when you open and when you close a position, depending on your country of residence and the exchange. The $2 tier covers Australia, Hong Kong, Dubai, Abu Dhabi and Tokyo, and everywhere else is $1. Other fees may apply. The commission does not apply to CFDs, copy trading, Smart Portfolios or recurring investment plans. CFD spreads vary by instrument.
Opening a corporate account through eToro is possible, though the products, markets and pricing depend on your jurisdiction and the eToro entity that serves it: the following entities:
- eToro (Europe) Ltd, licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence 109/10, for the European Economic Area;
- eToro (UK) Ltd, authorised by the Financial Conduct Authority (FCA) under reference 583263;
- eToro AUS Capital Limited, licensed by the Australian Securities and Investments Commission (ASIC);
- eToro (ME) Limited, regulated by the Abu Dhabi Global Market Financial Services Regulatory Authority, for the Middle East.
Because availability follows the entity rather than the platform as a whole, the first thing to ask support is whether a corporate account exists for your country at all. The downside here is the opening process: there is no online application and no published document checklist, so you are dependent on what the support team tells you.
To start the corporate account process, you need to contact customer support, there is no direct online application on the website. You can save time by preparing your documentation in advance. You’ll need to open a support ticket and provide the following information:
- The purpose of opening a corporate account with eToro;
- The type of legal entity (LLC, corporation, partnership, etc.);
- The jurisdiction where your company is incorporated;
- A detailed description of your company’s business activity;
- A copy of your company’s Memorandum and Articles of Association (or local equivalent);
- Confirmation that you can meet the minimum initial deposit of $10,000 for a corporate account.
Want to know more? See eToro’s help article on corporate accounts.
#7 Charles Schwab
Schwab business accounts at a glance
Schwab is among the largest US brokers by client assets. Its monthly activity report for August 2026 puts total client assets at $13.41 trillion, up 19% on the year, across 40.1 million active brokerage accounts. Online listed US stock and ETF trades carry $0 commission, other fees may apply, and the Schwab Mutual Fund OneSource programme still carries no transaction fee on participating funds, while other mutual funds cost up to $74.95 per purchase. The firm is listed on the NYSE under the ticker SCHW.
The 2020 acquisition of TD Ameritrade is complete: Schwab’s 2024 annual report states that the final Ameritrade client transition group moved to the Schwab platform in May 2024. Schwab kept thinkorswim as its active-trader platform and has been migrating StreetSmart Edge users onto it since 2023.
Charles Schwab supports business accounts for a broad range of entity types, including corporations, sole proprietorships, partnerships, LLCs, and unincorporated associations.
To open an Organization Account you download the Schwab One Account Application for either incorporated or non-incorporated organisations, or speak to a Schwab financial consultant. It is the only provider on this list with no online application path for an organisation at all.
On minimums, Schwab’s two pages read differently and it is worth knowing which applies. The Organization Accounts page states a $100,000 relationship minimum, meaning total assets across your Schwab accounts rather than a deposit into the business account alone. The small business page, by contrast, says most Schwab accounts have no minimums. After registration, client service runs around the clock through the website, the apps and phone support.
One limitation for readers outside the US: Schwab’s international arm documents only individual, joint and trust accounts. There is no published organisation or entity account for a non-US business.
For more details on Schwab’s corporate offering, see the small business solutions hub on Schwab’s site.
#8 Questrade
Questrade corporate accounts at a glance
Questrade is a Canadian broker offering both self-directed investing and managed investing. Stocks and ETFs listed on Canadian and US exchanges trade at $0 commission online, on both buys and sells. Other fees may apply, including electronic communication network (ECN) fees when an order removes liquidity, US regulatory fees on sales, and 1.5% on currency conversion.
Questrade does not publish a minimum to open a corporate account on its own site, so any figure you see quoted elsewhere is third-party information rather than a Questrade rule.
On eligibility, Questrade’s own corporate accounts guide says international corporations can open accounts, with the exception of US corporations and entities, and that international directors, officers and beneficial owners may face extra identification requirements. Questrade publishes no list of accepted countries, so confirm your own before you start the application.
Questrade offers four entity account types: Corporate Cash, Corporate Margin, Partnership and Sole Proprietorship. Only directors or officers of the corporation can open the account. Questrade no longer lists an Investment Club account.
Questrade, Inc. is supervised by the Canadian Investment Regulatory Organization (CIRO), created when the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada amalgamated on 1 January 2023 and renamed CIRO that June. It is a member of the Canadian Investor Protection Fund (CIPF), which covers CAD 1 million for all general accounts combined, the same again for all registered retirement accounts combined and the same again for all registered education savings plans combined. A company’s accounts fall in the general category, so the figure that matters here is CAD 1 million.
One caution on the product list: Questrade also offers forex and contracts for difference (CFDs), which are leveraged products that sit outside CIPF coverage and are not available in every jurisdiction. They are a different proposition from holding stocks and ETFs in a corporate account, and losses can exceed the amount you put in. Questrade also publishes less about its corporate account than the other providers here, with no documents list and no stated approval time.
Where your company is incorporated decides most of this
The single question that eliminates the most options is not cost, it is geography. Most brokers will only open a company account for an entity registered in the market they serve, and they rarely say so on the marketing page.
Grouping the providers by that test gives a much shorter list:
- Open to companies almost anywhere: Interactive Brokers, which publishes no residence restriction on its business account beyond the usual sanctioned-country exceptions;
- Open across a defined region: Saxo, across the countries on its serviced list, and Lightyear, across 22 European countries;
- Open to foreign companies through a separate paper route: the US brokers E*TRADE, which publishes an International Business Account Application, and TradeStation, whose entity application asks organisations outside the US for equivalent documentation. Both are covered in the FAQ below;
- Home market only: Webull, Vanguard and Charles Schwab in the US, along with Public, Wealthsimple in Canada and OANDA’s Australian arm, all three of which are covered in the FAQ;
- Canada plus international corporations, but not US entities: Questrade.
For a company incorporated in the European Union, that leaves Interactive Brokers, Saxo and Lightyear as the realistic self-service routes, plus a paper application to a US broker if you specifically want US custody. None of the popular commission-free apps take company money: Trading 212, Freetrade, DEGIRO and Robinhood are all individuals only.
Two practical points before you apply. First, expect to certify or notarise the incorporation documents, and to provide identification and proof of address for every director and for every beneficial owner holding 25% or more. Second, a US broker will ask a foreign company for a completed form W-8BEN-E to apply the reduced treaty rate to US dividends, which some European brokers now fill in automatically.
Bottom line
With a corporate brokerage account you have a wide range of options for your company’s idle capital. You can take a conservative approach with US Treasuries, money market funds or Treasury bill ETFs. Or you can use it as a share dealing account for your limited company, accepting more market risk in exchange for higher expected returns over the long run.
In practice, the choice narrows fast once you apply the two filters that actually bind. The first is where your company is incorporated: most of these providers only open accounts for entities in their own market, and Interactive Brokers, Saxo and Lightyear are the ones that take companies across borders on a self-service basis, with Questrade accepting international corporations other than US ones. The second is how much you have to commit: Webull wants $100,000 and Schwab a $100,000 relationship, while Interactive Brokers, Lightyear, Saxo Classic and Vanguard have no account minimum at all. After that it is a question of which products you need and how much handholding the opening process requires.
Please remember that the above should not be construed as investment advice and is intended only as an informational resource. Investors should do their own research and due diligence to determine the platform best suited to their risk tolerance, return objectives and overall strategy.
Other FAQs
Am I legally able to invest in the stock market through my company? Can I trade with a business account?
Yes. Your company is a legal entity and can hold stocks, bonds, cryptocurrencies or any other asset class. What differs from a personal account is the paperwork: expect to provide incorporation documents, proof of the business address and identification for every director and every beneficial owner holding 25% or more, and in the EU and UK an LEI code before you can trade. How the returns are taxed depends on your country and entity type, so check with your accountant before you fund the account.
Does Robinhood offer business accounts?
No. Robinhood only opens accounts for retail investors.
Does Public.com offer business accounts?
Yes. Public opens business accounts for US single-member LLCs and for sole-owner S-corporations and C-corporations, with stocks, ETFs, options, bonds, Treasuries and margin. The restriction that catches people out is ownership: the entity must have a single individual as the authorised signer, sole beneficial owner and sole officer, so a multi-member LLC does not qualify.
What about European brokers? Can I open a business account on Trading 212, Freetrade or DEGIRO?
No, none of the three. Trading 212’s help centre states that a business account cannot be opened and that trading accounts are only for personal use. Freetrade’s general terms, version 4.9 of April 2026, say you must be acting in your personal capacity and cannot hold an account on behalf of a business, even your own. The acquisition by IG Group did not change this. DEGIRO withdrew from corporate clients altogether, saying it can no longer offer business accounts because of stricter customer due diligence requirements, and that applies in every country it serves. In Europe the realistic options are Interactive Brokers, Saxo and Lightyear.
Does Wealthsimple support business accounts?
Yes, for Canadian companies. The two live products are business chequing and business investing, the latter either self-directed through Wealthsimple Trade or managed through Wealthsimple Portfolios. Corporate margin was added in August 2026. The company has to be registered in Canada and be a Canadian-controlled private corporation or a charity or association registered with the Canada Revenue Agency, and Wealthsimple states that it does not support corporate accounts for sole proprietorships or partnerships.
Does Oanda support business accounts?
Yes, but through three separate entities with three separate rulebooks. OANDA Corporation opens entity accounts for US corporations, general partnerships, limited liability companies, limited liability partnerships and trusts, and the application is online. OANDA TMS Brokers S.A., regulated by the Polish financial supervision authority KNF, takes EU corporate applications, but through a contact form rather than a self-service signup. OANDA Australia only accepts businesses incorporated in Australia and registered with ASIC. The focus is forex and CFDs.
Can a business open a brokerage account at TradeStation?
Yes. TradeStation opens entity accounts for trusts, corporations, general and limited partnerships, limited liability partnerships, limited liability companies and sole proprietorships, and its entity application states that organisations outside the US must provide the equivalent documentation for their own country. It does not offer forex, nor spot crypto since it exited that business in 2024, though crypto futures are available. Non-US listings such as EU-listed stocks are not covered.
Can a business open an investment account on E*TRADE?
Yes, and unusually for a US broker it also takes companies incorporated abroad. E*TRADE’s forms library currently lists a Business Account Application, an International Business Account Application for an internationally based corporation, partnership or sole proprietorship, a Portfolio Margin Business Brokerage Account Application and a Futures Business Application. There is no online application: you download the form and return it, and notarised, certified or original documents have to be posted rather than faxed.
Does my company need an LEI to open a brokerage account?
If your company is in the European Union or the United Kingdom, yes, in practice: your broker cannot report your trades without it. It has to be renewed every year, and some brokers will register one for you at cost. There is a fuller explanation in the section on business brokerage accounts.
Is a business brokerage account protected by the same compensation schemes as a personal one?
Not always, and this is worth checking before you fund the account. In the United Kingdom, the Financial Conduct Authority’s rules on eligible claimants exclude large companies, large partnerships and large mutual associations, so a company above the small-company thresholds falls outside the Financial Services Compensation Scheme. Estonia’s Investor Protection Sectoral Fund, by contrast, covers investments by businesses as well as individuals up to €20,000, excluding financial institutions. In the United States, SIPC covers customer assets up to $500,000, with a $250,000 limit on cash. None of these schemes cover investment losses, and crypto-assets are usually outside all of them.
Can I move money between my personal account and the company account?
Not directly. Brokers that open entity accounts generally require funding to come from a bank account in the same business name, and Webull states this explicitly. Money moving between you and the company is a transaction in its own right, whether a capital contribution, a loan or a distribution, with its own accounting and tax treatment. Sort that out with your accountant before you transfer anything, rather than afterwards.
Does Fidelity have corporate accounts?
Yes, but the eligibility is narrower than most readers expect. Fidelity states that the Fidelity Account for Businesses is intended for legal or professional corporations and professional associations. Ordinary LLCs, sole proprietorships and partnerships are not listed, so if you run a single-member LLC this is probably not your account. It covers stocks, bonds and options, more than 3,700 no-load funds and a wide ETF range.





