Platform Comparison

Invstr vs WellsTrade

Detailed side-by-side comparison to help you choose the best platform for dividend investing

IV

Invstr

3.8

Practice investing with $1M in virtual money, learn through gamified courses, then graduate to real trading—the complete beginner-to-investor journey.

WF

WellsTrade

3.8

Wells Fargo's self-directed brokerage for existing customers who want banking and investing under one roof—basic but functional.

Feature Comparison

FeatureInvstrWellsTrade
Our Rating3.8/53.8/5
Trading CommissionsN/A$0
Account MinimumN/A$0
Fractional SharesN/AYes (min $10)
DRIPN/AFree
Research ToolsBasicBasic
Best ForAbsolute BeginnersWells Fargo Banking Customers

Pros & Cons

Invstr

Pros

  • + Free investing course with 85 lessons and certificate
  • + Fantasy Finance: Practice with $1M virtual money
  • + Compete in fantasy leagues and win real prizes
  • + Commission-free real stock and crypto trading
  • + Fractional shares starting at $5

Cons

  • - Real trading has minimum fees ($2.99 full shares, $0.99 fractional)
  • - $5 registration fee for real trading through DriveWealth
  • - Very limited research tools for experienced investors
  • - No mutual funds, bonds, forex, or OTC trading

WellsTrade

Pros

  • + Commission-free online stock and ETF trades
  • + Free dividend reinvestment with per-security selection
  • + Fractional shares through Stock Fractions program (min $10)
  • + Integration with Wells Fargo banking accounts
  • + No management fees for self-directed accounts

Cons

  • - Very basic investing platform with limited tools
  • - High margin rates (8.5%-12.5%)
  • - No pre-market trading available
  • - Limited after-hours trading (mobile only, until 6:30 PM)

Which Platform is Right for You?

Choose Invstr if you...

  • Want absolute beginners focused features
  • Prefer a higher-rated overall platform

Choose WellsTrade if you...

  • Want wells fargo banking customers focused features

Investment Disclaimer

Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice.