Our data is used by executive teams, and our ratings are referenced on earnings calls, national TV commercials, US Senate thinkorswim forex rollover charges, and throughout the web. We spend more than one thousand hours testing online brokerage accounts every year. Choosing an online stock broker is one of the most important decisions you will make as an investor.
Every trader has a different investment style of stock and options trading, and the variety of services brokers offer allows individual traders to be highly selective in determining which online broker best fits their needs. To help stock traders, this guide aims to introduce online trading and offer indispensable advice relating to unique and helpful aspects of these online platforms, the way they function, and how they can best be utilized. I have been an online stock trader for over 15 years and have placed several thousand buys and sells over that time. To conduct my testing, I have a funded brokerage account with over a dozen different brokers. Best Online Brokerages for Trading Here’s a breakdown of some of the best online brokers for stock trading. 95 per trade and received 5 stars in our 2018 Review, including being awarded Best in Class for 12 different categories.
It is our top recommendation for discount trading. 1 awards for Research, Order Execution, and Ease of Use. Finally, Fidelity’s mobile app was rated Best Mobile App for Investors. 95 per trade and offers the largest variety of trading tools through its desktop-based thinkorswim and Mobile Trader platforms.
1, alongside its Best in Class rating, for numerous other categories including New Investors, Active Trading, Options Trading, and Customer Service, among others. 95 per trade and was rated 4. 1 for Retirement Services and 5 stars for Research. Extensive research access along with consistent customer service, ample tools, the largest selection of commission-free funds, and industry-leading market reports combine to present a great full-service brokerage. 95 stock trades, finished fourth overall with 4. The broker also won first place for Mobile Trading, and offers well-rounded access to quality research, trading tools, education, and more.
Exclusive Offer:Open a new account today to borrow at special margin rates. 20 per month between two minimum activity fees. 100,000 minimum deposit for margin trading are rewarded with an industry-leading commissions schedule, margin rates, and full support for international trading. 1 for Banking Services, thanks to its parent company, Bank of America. 0 stock trades among other perks such as bonus rewards on credit cards and discounted mortgage rates. Current Offer: Low Fees and Free Market Data. 95 trades, and is a simple choice for current customers of Ally who are looking to invest in the stock market.