The stability and ductility of four buckling-restrained braces (BRBs) with brace joints were studied. The load-carrying element of BRB was fabricated with steel (Chinese Q235), and a layer of colloidal silica sheet (0.5 mm in thickness) or four layers of plastic film (0.2 mm in thickness) were used as unbonding materials to provide space to prevent the buckling of inner core in higher modes and facilitate its lateral expansion in case of compression. Based on the equation of BRBs with brace joints of different restrained stiffnesses, the buckling load is calculated considering the initial geometric imperfections and residual stress, and the theoretical values agree well with the experiment results. It is concluded that the buckling load and ductility of BRBs are influenced greatly by the restrained stiffness of brace joints. If the restrained stiffness is deficient, the unstrained segment of BRBs with less stiffness will buckle firstly. As a result, the ultimate load of BRBs decreases, and the maximum compression load is reduced to about 65% of the maximum tension load; the stiffness also degenerates, and there is a long decreasing stage on the back-bone curve in compression phase; the ductility decreases, i.e., the ultimate tension ductility and ultimate compression ductility are approximately 15 and 1.3 respectively, and the cumulative plastic ductility is only approximately 200. If the restrained stiffness of joint is large enough, the stability will be improved as follows: the yielding strength and ultimate strength of BRBs are nearly the same, and there is an obvious strain intensification in both tension and compression phases; the ductility of brace also increases obviously, i.e., the ultimate tension ductility and ultimate compression ductility are both approximately 14, and the cumulative plastic ductility reaches 782.