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Home Financial Planning Personal Finance

Which Brokers Have AI Trading Features?

by TheAdviserMagazine
4 months ago
in Personal Finance
Reading Time: 7 mins read
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Which Brokers Have AI Trading Features?
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You’ve heard of investing in AI — but what about investing using AI? Four brokers reviewed by NerdWallet are working on features that let you place trades with just a prompt. Here’s what to know about them.

Brokers that have (or are working on) AI trading assistants

Cash App

AI features: Cash App’s “Moneybot” assistant (currently in beta) can help you place stock or crypto trades in response to a text prompt. It can also give you insights about your investment performance and saving and spending habits.

Other things to know about Cash App: NerdWallet recently started reviewing Cash App’s brokerage service, and our review so far is… mixed. The app is well-designed and may appeal to beginners, but the investment choices and human customer service offerings are extremely limited. Learn more in our full Cash App review.

Interactive Brokers

AI features: Interactive Brokers’ “IBot” assistant can help you place trades and deliver customized investment research to you based on a text prompt. Interactive Brokers also offers AI-powered stock screeners and news summaries.

Other things to know about Interactive Brokers: Interactive Brokers often wins NerdWallet’s Best-of Award for advanced trading platforms, because it’s basically the opposite of Cash App — it has an incredibly wide investment selection and strong customer service, but its platforms can be intimidating for beginners. See our full Interactive Brokers review.

Public

AI features: Public recently launched “generated assets,” a feature that lets you type an investment theme into a prompt box and get a custom-generated basket of stocks — a made-to-order ETF powered by AI. It also recently announced a forthcoming “agentic brokerage” assistant that can help place trades for you when given a text prompt.

Other things to know about Public: Public is the only broker we review that pays you a rebate for trading options, and it offers a high interest rate on uninvested cash. However, it lacks mutual funds and customizable research tools, such as screeners. Check out our full Public review to learn more.

Robinhood

AI features: Robinhood’s “Cortex” assistant (currently available to Robinhood Gold subscribers only) can place trades for you based on a text prompt, and deliver you personalized investment research and portfolio insights.

Other things to know about Robinhood: Robinhood all but invented the streamlined, mobile-first brokerage, and its app is still slick — plus it offers free options trades and a wide crypto selection. But it still lacks mutual funds and offers little third-party research. Get the full scoop with our full Robinhood review.

At the time of writing, the four brokers listed above are the only ones reviewed by NerdWallet that offer or are working to roll out an AI assistant that can place trades for you, but they’re not the only brokers that offer some kind of AI-powered feature.

Below is a list of other brokers we review that offer AI tools beyond just a customer service chatbot or a robo-advisor that automatically allocates your portfolio.

Firstrade: Investment research chatbot that can summarize earnings reports and other filings, and make data-driven projections.

M1 Finance: Basic investment research and portfolio analysis chatbot.

Moomoo: Investment research chatbot and AI-written news briefs.

Webull: Investment research and portfolio analysis chatbot.

Not too long ago, even cutting-edge AI models couldn’t reliably perform basic arithmetic, and they still have questionable accuracy on topics like law and taxes. (NerdWallet’s data studies team recently demonstrated this through their experiments with AI tax advice.)

With that in mind, is AI advanced enough to be trusted as an investment copilot yet? The answer isn’t necessarily a universal “yes” or “no,” because there’s a lot of variability from broker to broker and from tool to tool.

TradeStation’s AI-powered stock research summaries provide one example of how unreliable some AI investing tools can be. The screenshot below shows TradeStation’s AI-generated summary of Apple’s (AAPL) financial situation.

Screenshot and commentary below are current as of 3:10 p.m. on Mar. 18, 2026.

The tool seems confused about whether Apple is outperforming or underperforming the market. It lists Apple among the “outperforming” tickers at the top of the page, but then titles its research blurb “Why is stock underperforming the market?” (The title also needs an added “the” to be grammatically correct, but that’s neither here nor there.)

For the record, Apple is currently underperforming the S&P 500 on a daily, yearly and year-to-date basis. And what’s more, TradeStation’s AI summary doesn’t actually answer the question of why the stock is underperforming the market. It lists a bunch of bullish things about Apple and a couple of bearish ones, with no clear indication of what is actually driving the stock’s performance.

Not every broker’s AI tools are necessarily as sloppy as TradeStation’s. The trading agents offered by Cash App, Interactive Brokers and Robinhood (and soon, Public) may actually have more guardrails against inaccuracy than info-summarizing tools like the one shown above, because the trading agents always ask you for confirmation before executing a trade.

Want a more reliable agent? Try a financial advisor

For now, if you want financial help that can reliably place trades, do investment research for you and give you customized portfolio insights, there’s no substitute for a human being. A financial advisor can do all of these things and more.



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