Online Stock Broker Reviews
There are many kinds of online brokers, and each one appeals to a different kind of customer.
Investopedia’s broker reviews are created to help you understand what kind of brokerage is right for you.
Whether you have never bought a stock before, or if you have a strategy to trade options and futures; if you
are investing for retirement or to achieve financial independence, Investopedia’s broker guides will help you
find the right product for you right now.
Investopedia has created the most comprehensive tool set to help
traders of all styles make an informed, efficient, and intelligent decision in choosing your next online broker.
Below you will find comprehensive reviews, platform walkthroughs, and ratings on transparency and fees.
Charles Schwab is one of the world's largest brokerage firms. Some of their popular features include: commission-free ETFs and mutual funds, independent trading, 3rd party analysis and diverse products offerings. Schwab received a score of 4.6 out of 5 from Investopedia....read more
TD Ameritrade offers a large selection of investment products, extensive research tools, comprehensive educational offerings and a well-designed, intuitive platform. TD Ameritrade received a score of 4.6 out of 5 from Investopedia....read more
Fidelity Investments is notable for abundant fund choices, reasonable commissions, and unmatched research materials for everyone from novices to advanced traders. Fidelity received a score of 4.5 out of 5.0 from Investopedia....read more
E*TRADE is one of the most popular online discount brokerage firm headquartered in New York City. We'll introduce the platform's key features offering stock, bond, ETFs, options, mutual funds and other securities. E*TRADE received a score of 4.2 out of 5.0 from Investopedia....read more
Interactive Brokers' sophisticated trading technology and worldwide coverage make it a top choice for both market professionals and at-home traders....read more
Merrill Edge is the self-directed online investing platform for Bank of America Merrill Lynch. Merrill Edge received a score of 4.1 out of 5.0 from Investopedia....read more
A platform for tech-savvy investors who have no qualms about maintaining a high minimum balance. TradeStation received a score of 3.6 out of 5.0 from Investopedia....read more
Ally Invest (formerly TradeKing) 2019
Ally Invest focuses on low costs and a broad product offering which will likely appeal to active stock and option investors. Ally received a score of 3.5 out of 5.0 from Investopedia....read more
Capital One Investing (Formerly ShareBuilder) 2019
Capital One has expanded its retail banking and financial services with an easy-to-use online brokerage platform for the self-directed investor. Capital One Investing received a score of 3.5 out of 5 from Investopedia....read more
Firstrade is an online discount broker with a unique stock lending program, 0.1-second trade execution guarantee, and Chinese-language support. Firstrade received a score of 3.5 out of 5.0 from Investopedia....read more
USAA is a Texas-based financial services company providing a wide range of products for military service members and their families. USAA received a score of 3.5 out of 5.0 from Investopedia....read more
A Toronto-based online brokerage that provides Canadians with convenient access to U.S. markets at a reasonable price....read more
T. Rowe Price's online brokerage is a self-directed platform meant to complement its actively managed mutual fund business. T. Rowe Price received a score of 3.4 out of 5 from Investopedia....read more
Vanguard is the largest mutual funds provider in the US and the second-largest provider of exchange-traded funds (ETFs) in the world. Vanguard's platform is ideal for long-term investors seeking a combination of low fees and quality service. Vanguard received a score of 3.2 out of 5.0 from Investopedia....read more
WellsTrade (by Wells Fargo) 2019
WellsTrade, Wells Fargo's entry into the online brokerage market, is a basic, no-frills platform best for occasional buy-and-hold investors with a solid relationship with Wells Fargo's banking side. WellsTrade received a score of 3.2 out of 5.0 from Investopedia....read more
Online brokerage catering to active traders with a wide range of specialized platforms and competitive commission discounts for high-volume trading. Lightspeed received a score of 2.8 out of 5 from Investopedia....read more
SogoTrade offers a basic, cheap trading platform with limited access to special features and proprietary tools. SogoTrade received a score of 2.5 out of 5.0 from Investopedia....read more
Just2Trade is a discount brokerage focused on stock and options trading on the U.S. exchange with commission rates lower than most of its competitors....read more
Online brokerage focusing on efficient, user-friendly tools for active traders, with multiple platforms and a simple commission structure. ChoiceTrade received a score of 2.0 out of 5.0 from Investopedia....read more
Betterment is an online, robo-based portfolio brokerage with a human touch, focusing on providing individualized investments with modern tools....read more
The brokerage eToro offers a unique way to invest, leveraging the concept of social trading, which uses sentiment and idea generation from both industry experts and everyday investors to provide insights into the markets....read more
Folio Investing is a niche online-only broker service with a limited but very reasonably priced menu....read more
M1 Finance is an online broker and investment manager that combines the best of self-directed and robo-advised investing....read more
Motif is a niche online brokerage that provides pre-built and customizable themed portfolios containing up to 30 stocks and ETFs....read more
A fully regulated, U.S.-based financial exchange with a trading platform that specializes in short-term binary options and spreads....read more
NinjaTrader offers a platform for automated trading systems, backtesting, and analysis for active futures traders. It can be accessed through a futures brokerage account, but the firm also markets itself as a broker for beginners....read more
A lean, mean app-based brokerage touting commission-free stock and ETF trading and an intuitive, though basic, trading interface....read more
A unique online brokerage using fractional share trading, allowing users to invest as much or as little as they like....read more
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