Buy Stocks Under $10 – Invest in the Best Stocks Under $10 Today!
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
If you’re put off by expensive stocks like Amazon, Alphabet, and Tesla – there are plenty of tradable shares priced at $10 or less. This will allow you to build a portfolio of stocks without needing to invest a large amount of capital.
In this guide, we explore the best stocks under $10 and which brokers to consider using when completing your investment.
Table of Contents
#1 Broker to Buy Stocks Under $10 – eToro
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How to Buy Stocks Under $10 – A Quick Guide For 2021
The quickfire guide below will explain how to buy stocks under $10 without paying any commission. For this mini-walkthrough, we’ll explain the required steps with SEC-regulated broker eToro.
- Step 1: Open an Account with eToro – On the eToro homepage, click on the ‘Join Now’ button. Next, enter your personal information – such as your full name, nationality, home address, date of birth, and social security number. Finally, choose a username and password for your eToro account.
- Step 2: Upload Your ID – You can get your newly created eToro account verified pretty much instantly by uploading a copy of your government-issued ID.
- Step 3: Deposit Funds – Deposit at least $50 with a debit/credit card, e-wallet, or bank transfer. No fees apply if you’re based in the US.
- Step 4: Search for Stocks Under $10 – Assuming you already know which stocks you want to buy – enter the name of the company in the search box. Click on the ‘Trade’ button to proceed to the final part of the investment process.
- Step 5: Buy Stocks Under $10 – In the ‘Amount’ box, specify the size of your investment. The minimum trade size at eToro is $50. As such, if you are buying a stock that is trading at $10 – then you will be able to purchase five shares.
Finally, click on the ‘Trade’ button and eToro will complete your stock purchase. And that’s it – you’ve just learned how to buy stocks under $10 in less than five minutes.
67% of retail investor accounts lose money when trading CFDs with this provider.
Best Stocks Under $10 – List of the Best Stocks Under $10
We narrowed our list of the best stocks under $10 to just five picks – which you will find below.
- Curis – Overall Best Stock Under $10 to Buy
- Bank of China – Cheap Stock With Attractive Dividend Yield of Over 8%
- Aurora Cannabis – Great Pot Stock for Growth Potential
- Deliveroo – Top Growth Stock to Buy For Under $10
- Prospect Capital – 12 Month Gains of 60%+ and Dividends of Over 8%
Scroll down to read our full analysis of each stock to determine whether or not they align with your financial goals and tolerance for risk.
How To Buy Stocks Under $10 – Choose a Broker
The best brokers allow you to buy stocks under $10 in a low-cost and safe environment. You will find a list of suitable investment platforms
- eToro – Overall Best Place to Buy Stocks Under $10
- Webull – Buy Stocks Under $10 at 0% Commission
- Zacks Trade – Top Broker for Advanced Traders
- Robinhood – Great US-Based Broker for Beginners
- Interactive Brokers – Trade US Stocks at 0% Commission
- Merrill Edge – Online Brokerage With a Variety of Investment Accounts
- Ally Invest – Challenger Bank Offering Low-Cost Stock Investments
- SoFi – Invest in Stocks Under $10 via Fractional Shares
- E*TRADE – Good Broker for Long-Term Investments
- Fidelity – Trusted US Brokerage With 7,000+ Stocks
To ensure you make the right decision when choosing a broker to buy stocks under $10 – you will find full platform reviews further down on this page.
Best Stocks Under $10 to Buy Now – Full Analysis
We analyzed a significant number of companies and subsequently narrowed our list of the best stocks under $10 to just five picks. And as such, you will find our full evaluation of each stock in the sections below.
1. Curis – Overall Best Stock Under $10 to Buy
We found that the overall best stock under $10 to buy right now is Curis. Founded in 2000, Curis is behind a number of innovative therapeutics that are offered to improve the lives of cancer patients. The stocks are listed on the NASDAQ exchange, albeit, at the time of writing, Curis is carrying a market capitalization of less than $500 million. This puts Curis stocks firmly in the category of small-cap and thus, the upside potential on this company could be huge in the coming years.
In fact, Curis is actually one of the best-performing stocks on the NASDAQ over the past 12 months – with gains of no less than 250%. With that said, at the time of writing, Curis stocks are trading in and around the $5 mark – which is significantly less than the 52-week highs of $17 it hit earlier in the year. For Curis stocks to get back to this level, an upside of 240% is required.
67% of retail investor accounts lose money when trading CFDs with this provider.
2. Bank of China – Cheap Stock With Attractive Dividend Yield of Over 8%
One of the best stocks under $10 offering an attractive dividend yield is the Bank of China. Although this financial powerhouse is based in China, you can actually invest via eToro at 0% commission. At the time of writing, the Bank of China is trading at just HKD $2.74 per share, which amounts to approximately USD $0.35.
As such, with an investment of just $50, you would get in the region of 142 stocks. On the one hand, Bank of China stocks have been somewhat sluggish this year, with YTD gains of just under 5%. But, we should note that the stocks are offering a huge running yield of over 8%. As such, Bank of China could be a great addition to your portfolio if you wish to gain exposure to the world’s second-largest economy.
67% of retail investor accounts lose money when trading CFDs with this provider.
3. Aurora Cannabis – Great Pot Stock for Growth Potential
Although the legal cannabis industry continues to thrive, stocks operating in this sector have struggled in recent years. With that said, if you are a firm believer that legal cannabis is sure to increase its exposure around the world – both medically and recreationally, then Aurora Cannabis is arguably one of the most undervalued stocks in this space.
In fact, the share price of Aurora Cannabis has declined by 41% and 68% over the past 1-year and 5-years, respectively. This allows you to enter the market at a huge discount. Although the firm is based in Canada, Aurora Cannabis also has a listing on the NASDAQ. As such, buying shares in this pot stock couldn’t be easier.
67% of retail investor accounts lose money when trading CFDs with this provider.
4. Deliveroo – Top Growth Stock to Buy For Under $10
Deliveroo is a UK-based food delivery app that has exposure to several global markets. This is inclusive of Europe, the Middle East, and Asia. The firm went public as recently as April 2020, with the shares initially trading for 282p each (about $3.76). Although the stocks went through a rocky ride after IPO, Deliveroo is now enjoying a period of upward momentum.
At the time of writing, the stocks are trading at just 323p (about $4.31) – which translates into a modest market capitalization of just under £6 billion (about $8 billion). All in all, although Deliveroo faces stiff competition in the food delivery app arena, at current prices we would argue that the stocks can be purchased at a highly favorable entry price.
67% of retail investor accounts lose money when trading CFDs with this provider.
5. Prospect Capital – 12 Month Gains of 60%+ and Dividends of Over 8%
Prospect Capital Founded in 2005, Prospect Capital is a US-based financial services firm that is listed on the NASDAQ exchange. With a modest market capitalization of $3 billion-ish, there is still plenty of upside potential with this stock. Over the past year, Prospect Capital stocks have performed extremely well, with 12 month gains of over 60%.
Furthermore, and perhaps most importantly, this cheap stock is currently offering a running dividend yield of over 8%. As such, Prospect Capital is one of the best stocks under $10 if you’re looking to target above-average capital gains alongside a huge dividend. However, whether or not these returns are sustainable in the long run remains to be seen – so make sure you consider the risks.
67% of retail investor accounts lose money when trading CFDs with this provider.
How to Choose the Best Stocks Under $10 for my Portfolio?
Many stocks are trading for less than $10 per share, which allows you to build a highly diverse portfolio without needing to outlay large sums of capital. However, you need to do lots of research when buying cheap stocks, as it’s likely that the respective company has a small market capitalization. And in turn, this increases the risk of volatility on your investment.
As such, in the sections below, we explain how to choose the best stocks under $10 for your financial goals and tolerance for risk.
Stock Price Performance
The first thing you can look at when searching for the best stocks under $10 is the firm’s recent stock price action. A good starting point is to see how the stocks have performed over the past five years. It’s also a good idea to look at how the stocks reacted in 2020 when COVID was declared a pandemic by the WHO.
After all, if you’re able to find some sub-$10 stocks that performed well in 2020, this is a hugely positive sign. This is because it highlights that if global restrictions and lockdowns are brought back into play, this might not impact the company’s stock price.
Market Capitalization
Make no mistake about it – assessing a company’s market capitalization is crucial when searching for low-cost stocks. For example, in the case of Curis – which we argued is the best stock under $10 to buy right now, the firm has a market capitalization of less than $500 million. This means that while the upside potential could be huge, as are the risks.
This is because companies with a small valuation are much more susceptible to wild pricing swings. On the other hand, you also have stocks like Bank of China, which, although trading at roughly $0.35 per share, has a huge market capitalization of approximately $126 billion. As such, the volatile levels associated with this stock will be much smaller.
Dividends
Some of the top stocks under $10 that we discussed today offer huge dividend yields. For example, both the Bank of China and Prospect Capital are offering a running yield of over 8% based on current prices. This allows you to earn an attractive rate of return on your capital every quarter, which is in addition to any potential share price increase.
With that said, if you find a stock under $10 that doesn’t pay dividends – it shouldn’t necessarily be avoided. On the contrary, the likes of Curis are well worth considering – even though there is no dividend policy in place.
Where to Buy Stocks Under $10 – Full Broker Reviews
This section of our guide will now review the best places to buy stocks under $10. Our analysis took a range of core factors into account – including but not limited to fees and commissions, supported markets, accepted payment methods, minimum deposit requirements, and safety.
1. eToro – Overall Best Place to Buy Stocks Under $10
eToro – which was founded in 2007 and is now used by no less than 20 million investors, is home to a huge selection of stocks under $10. In fact, you will have access to thousands of stocks from more than a dozen exchanges. This covers markets in the US, as well as Europe, Asia, and more. When you buy stocks at eToro, no commissions are charged by the broker. Spreads are also tight, and deposits can be made on a fee-free basis if you’re from the US.
This is the case even if you are using a debit/credit card or an e-wallet like Paypal. In terms of the minimum required investment, this stands at just $50 at eToro. As such, if you’re buying a stock worth $10, for example, you would need to purchase five shares. On top of offering low-cost stocks, eToro also allows you to invest in ETFs at 0% commission. Furthermore – cryptocurrencies, indices, forex, and commodities can be traded on a spread-only basis.
We also like the Copy Trading tool available at eToro, which allows you to select a successful investor that uses the platform to trade. Any positions entered by the individual will be mirrored in your own portfolio at an amount proportionate to your investment (minimum $500). In terms of reputation, eToro enjoys regulation from several top-tier licensing bodies – including the SEC, ASIC, and FCA. The platform is also registered with FINRA – which is an additional safeguard on your funds.
Pros
- Invest in stocks at 0% commission
- Minimum investment per stock is $50
- Supports debit/credit cards, e-wallets, and bank transfers
- Regulated by the SEC, FCA, ASIC, and CySEC
- Used by over 20 million people
- Perfect for beginners
- Social and copy trading tools
Cons
- Perhaps too basic for technical traders
- No support for MT4 or MT5
67% of retail investor accounts lose money when trading CFDs with this provider.
2. Webull – Buy Stocks Under $10 at 0% Commission
If you’re chosen stocks are listed in the US, then you can be sure that the shares are offered by Webull. This popular online broker – which also offers a user-friendly mobile app on both Android and iOS devices, allows you to invest in stocks at 0% commission. You can also buy and sell ETFs, cryptocurrencies, and stock options on a commission-free basis.
If depositing funds via ACH, no fees apply. But, bank wires will attract a fee of $8 and $25 on deposits and withdrawals, respectively. No minimum deposit amount is required when using Webull and you can fractional shares in all supported stocks. Finally, Webull also offers Traditional, Rollover, and Roth IRAs, so you can purchase stocks in a tax-efficient manner.
Pros
- Thousands of US-listed stocks
- 0% commission trading
- Also supports ETFs and stock options
- No minimum deposit
Cons
- No support for debit/credit card deposits
- Very limited selection of non-US stocks
- Spreads can be somewhat high
- Wire transfer withdrawals cost $25 per transaction
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
3. Zacks Trade – Top Broker for Advanced Traders
Although Zacks Trade is not commission-free like eToro and Webull, the online broker does offer some highly competitive trading fees. In fact, when you buy stocks that are listed in the US, you will pay just $0.01 cent per share. However, we should note that stocks priced below $1 per share will cost you a variable commission of $1.
Nevertheless, Zacks Trade offers heaps of research content that is inclusive of third-party integration with the likes of Thomas and Reuters Morningstar. There is no minimum deposit at Zacks Trade, albeit, the platform suggests getting started with at least $2,500. Through its association with Interactive Brokers, Zacks Trade offers thousands of international stocks from a wide range of markets
Pros
- Advanced trading platform
- Huge research and analysis department
- Great for seasoned traders
Cons
- Too complex for beginners
- Cheaper trading fees available elsewhere
- Minimum deposit required is $2,500
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
4. Robinhood – Great US-Based Broker for Beginners
Next up we have Robinhood – which is a great broker to consider if you have little to no experience in the online investment arena. You can open an account in just a few minutes and there is no minimum deposit to meet. You can deposit funds with ACH or bank wire, but debit/credit cards are not supported. You will be limited to instant deposits of no more than $1,000 if you are on the standard account.
Pros
- No commissions charged
- Offers US-based stocks, ETFs, and options
- No minimum deposit
- Very user-friendly
Cons
- Spreads can be uncompetitive
- No support for e-wallets or debit cards
- No foreign stocks
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
5. Interactive Brokers – Trade US Stocks at 0% Commission
If you’re looking to swing trade stocks under $10 in a safe and low-cost environment – you might want to consider Interactive Brokers. This online brokerage site has been in this space for several decades and allows you to buy, sell, and trade stocks from over 33 countries. If your chosen stocks are listed in the US, then you won’t pay any trading commissions.
Be sure to check what fees apply to your chosen marketplace if the stocks are listed overseas. There is no minimum deposit requirement at Interactive Brokers, which is ideal if you want to start off with small stakes. Depending on your skill set, you might look to trade via the IBKR platform, which comes packed with tools that can aid you in performing high-level technical analysis.
Pros
- Thousands of investments across 135 markets
- Advanced trading platform for seasoned investors
Cons
- Low fees only offered on US-listed stocks
- Too complicated for beginners
- Debit card deposits and withdrawals not available
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
6. Merrill Edge – Online Brokerage With a Variety of Investment Accounts
Merrill Edge is owned by the Bank of America and offers investment services to US clients. There is no minimum balance requirement to get started if you opt for a self-directed account. This account type allows you to buy and sell US-listed equities at 0% commission. Unfortunately, the broker does not support fractional shares.
This shouldn’t, however, be a problem if you are looking to buy stocks under $10 per share. Merrill Edge also offers guided accounts – one of which allows you automatically build a pre-made portfolio based on your financial goals. This requires a minimum outlay of $1,000. Alternatively, you can gain direct access to a financial advisor, but Merrill Edge requires a minimum investment of $20,000.
Pros
- Several account types to choose from
- Self-directing accounts offer 0% commission stocks
- ETFs, mutual funds, and bonds also supported
Cons
- Financial advisory accounts require minimum investment of $20,000
- No direct fractional share purchases
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
7. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments
Although Ally Invest does not offer fractional shares, you can get started with an account without needing to meet a minimum deposit threshold. Plus, the broker offers thousands of US stocks at 0% commission. As such, if you’re looking to focus exclusively on stocks that are priced below $10, a lack of support for fractional ownership should not be an issue.
The Ally Invest platform can be accessed via a native mobile app, which you can download free of charge from Google Play or the App Store. This allows you to buy and sell stocks whilst on the move. Ally Invest also offers digital bank accounts and personal loans, so it’s a good option if you are looking for a one-stop shop for your financial needs.
Pros
- Access banking and investment services via a single platform
- $0 commission stocks and ETFs
- No minimum deposit
Cons
- Does not offer international shares
- Tools and research features very limited
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
8. SoFi – Invest in Stocks Under $10 via Fractional Shares
If you’re on a budget and wish to invest a large number of stocks under $10, SoFi could be the right platform for you. This is because the broker allows you to buy any stock of your choosing simply by meeting a minimum investment of $5. As such, in theory, a deposit of $50 would allow you to spread your risk across 10 different stocks.
Furthermore, you are not required to meet a minimum investment to get started. You will need to deposit funds via bank wire or ACH, as debit/credit cards are not supported. SoFi does not charge any commissions when you trade stocks that are listed in the US. This is also the case with ETFs. SoFI also offers personal finance services, such as loans and credit cards.
Pros
- Supports fractional shares
- Offers stocks, ETFs, and crypto
- Access to IPOs
Cons
- Trading platform comes with limited features
- No copy trading tools
- Number of supported assets is somewhat limited
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
9. E*TRADE – Good Broker for Long-Term Investments
By opening an account with E*TRADE, you will have access to plenty of stocks that are priced below $10. This largely focuses on US-listed stocks, all of which can be purchased at 0% commission. We also like the fact that E*TRADE offers retirement accounts, so this broker is a great option if you’re looking to create a long-term investment plan.
You will also find alternative assets hosted by E*TRADE – such as funds, bonds, and futures. E*TRADE is also a good option if you are looking to build on your stock investment knowledge. This is because the platform offers plenty of user-friendly guides and blogs that cover a variety of investment topics.
Pros
- Great for long-term investments
- Supports a variety of retirement accounts
- Low fees
Cons
- Very limited number of non-US stocks
- Won’t suit seasoned investors seeking high-level trading tools
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
10. Fidelity – Trusted US Brokerage With 7,000+ Stocks
Although age-old broker Fidelity has historically been a broker favored by seasoned investors, the platform has since opened its doors to casual traders. This is because, through its Stock Slice tool, you only need to meet a minimum investment of $1 per trade. As such, with no minimum deposit policy in place, a balance of just $20 would allow you to invest in 20 different companies.
Fidelity offers plenty of account types to choose from – including several retirement-based plans. All account types commission-free access to US-listed stocks. Other assets and markets are priced differently, so be sure to check this out for yourself. Perhaps the main drawback with Fidelity is that the KYC onboarding process can take several days to complete.
Pros
- Trusted US-based brokerage
- $0 commission on US stocks and ETFs
- Stock Slice tool allows fractional investments of $1
Cons
- Perhaps too complex for newbies
- Non-US assets come with high fees
at eToro, #1 Online Broker
67% of retail investor accounts lose money when trading CFDs with this provider.
How to Buy Stocks Under $10 – Detailed & Explained in Full
The best way to buy stocks under $10 is with a 0% commission broker like eToro. It takes just minutes to get started with an account and you can instantly deposit funds with a debit/credit card or e-wallet. By following the steps outlined below, you can buy the best stocks under $10 in less than five minutes.
Step 1: Open a Broker Account
You will first need to register an account with eToro, which you do by clicking the ‘Join Now’ button. Then it’s just a case of filling in the required information surrounding your identity. Your email address and cell phone will also need to be provided.
You will also need to provide eToro will a copy of your government-issued ID for verification purposes. eToro will then automatically verify the document so that you can proceed to the next step without delay.
67% of retail investor accounts lose money when trading CFDs with this provider.
Step 2: Deposit Funds
eToro supports debit/credit cards, bank transfers, and even e-wallets like Paypal. The minimum deposit required as a new customer is just $50. No fees are charged on deposits made in US dollars. Otherwise, you will pay an FX conversion fee of 0.5%.
If you want your deposit processed instantly, it’s best to opt for a debit/credit card or e-wallet. This is because bank transfers can take several days to clear.
Step 3: Search for Stocks Under $10
If you know which stocks you want to buy, use the search bar at the top of the page. As you can see from our example below, we are looking to purchase shares in Curis.
You can also browse the eToro stock library by clicking on ‘Discover’.
Step 4: Buy Stocks Under $10
Once you click on the ‘Trade’ button located next to your chosen stock – an order box will appear on your screen. You will need to enter the amount of capital that you want to risk on the stock.
As noted earlier, the minimum trade size per stock is $50 when using eToro. In our example above, we are looking to invest $50. You can finalize your stock purchase by clicking on ‘Open Trade’.
How to Buy Stocks Under $10 – Conclusion
This guide has reviewed the best stocks under $10 to buy right now. We have covered a wide range of options – such as stocks with high growth potential and those offering attractive dividends. Once you know which stocks you want to buy, you can complete the process at eToro in under five minutes and pay 0% commission along the way.
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