Motif compared to brokers
Overall
2.5 NerdWallet rating
Account minimum

No minimum for trading account, but a $300 balance is required to invest in a motif
Stock trading costs

  • Stocks and ETFs: $4.95 per trade for real-time; $0 at next market open.
  • Professional motifs: $9.95 for real-time; $0 at next market open.
  • Your own or community motifs: $19.95 for real-time; $9.95 at next market open.
Options trades

Not available
Account fees (annual, transfer, closing, inactivity)

No inactivity or annual fees; $95 IRA closure fee; $65 full account securities transfer out fee. Most professional motifs carry licensing fees of 0.25% to 0.50%
Commission-free ETFs

No specific commission-free funds. $4.95 per trade for real-time; $0 at next market open
Mutual funds

Not available
Tradable securities

• Stocks, Motifs, IPOs.
Trading platform

Basic web trading, including alerts and watch lists. Investors can buy and sell stocks using market and limit orders, but stop and stop-limit orders are supported only when selling
Mobile app

Investors can track and benchmark motifs, browse new ones and view a tailored news feed
Research and data

• Standard quote pages with key financial information, news and a stream of tweets referencing that ticker. Quotes are real time on trade pages and delayed 15 minutes on all other pages.
• Motif Blue subscribers get real-time quotes on all pages.
Customer support options (includes website transparency)

Phone support Monday - Friday, 9 a.m. to 6 p.m. Eastern. Email and text support
Promotion

One month free trial of Motif Blue
Motif compared to robo-advisors
Overall
3.5 NerdWallet rating
Account minimum

No minimum for trading account, but a $300 balance is required to invest in a motif
Account management fee

Motif Blue: $19.95 per month
Investment expense ratios

Licensing fees for motifs range from 0.25% to 0.50%
Account fees (annual, transfer, closing)

No inactivity or annual fees; $95 IRA closure fee; $65 full account securities transfer out fee
Portfolio mix

• Stocks and ETFs available as fractional shares, individual shares and in motifs.
• IPOs.
• ADRs (American depository receipts; foreign stocks listed on U.S. exchanges).
Accounts supported

Non-retirement accounts (individual accounts, joint accounts, trust accounts) and retirement accounts (Traditional IRAs, Roth IRAs, Rollover IRAs)
Tax strategy

Not available
Automatic rebalancing

Free on all accounts
Human advisor option

Not available
Tools

Investors can track and benchmark motifs, tailor news feed
Customer support options (including website transparency)

Phone support Monday - Friday, 9 a.m. to 6 p.m. Eastern
Promotion

None