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
    OVERALL RATING
    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
    OVERALL RATING
    TD Ameritrade offers a large selection of investment products, extensive research tools, comprehensive educational offerings and a well-designed, intuitive platform. TDAmeritrade received a score of 4.6 out of 5 from Investopedia....read more
  • Fidelity
    OVERALL RATING
    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
    OVERALL RATING
    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
  • Ally Invest (formerly TradeKing)
    OVERALL RATING
    Ally’s online brokerage services provides powerful chart capabilities and low commissions on stocks, ETFs, Bonds, Mutual Funds, and more. Ally received a score of 4.1 out of 5.0 from Investopedia....read more
  • Merrill Edge
    OVERALL RATING
    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
  • Barclays Platform Walkthrough
    Barclays is a household name and a staple of the financial industry. In 2017, Barclays Stockbrokers turned into Barclays Smart Investor, it offers the same cutting-edge service and low fees while providing you the full support of a multinational bank....read more
  • Folio Investing Platform Walkthrough
    Folio Investing takes away the hassle of worrying about pricing and fees. It offers low flat fees, a monthly and/or year subscription and is a well-known name in customizing portfolio strategies. With its window-trading and tax management tools, Folio Investing an ideal brokerage for the long-term investor....read more
  • Interactive Brokers Platform Walkthrough
    Interactive Brokers is an international brokerage offering sophisticated traders the power to harness the latest in trading software and execution technology. Interactive Brokers is home to those favoring a powerful and customizable platform....read more
  • Just2Trade Platform Walkthrough
    Just2trade offers one of the industry's most competitive commission rates with stock trades at $2.50. The platform caters to active traders especially those early into their investing career. In this review, we'll walk through Just2trade's web trading platform....read more
  • Motif Platform Walkthrough
    Motif is a unique investing platform allowing investors to select pre-built or custom made mini portfolios that follows a specific theme. Motif also serves as a traditional online brokerage letting its clients trade stocks and listed ETFs....read more
  • Nadex Platform Walkthrough
    North American Derivatives Exchange(TM) (Nadex) is a US-based exchange for binary options and spreads; offering its clients a number of ways to participate in short-term trading opportunities....read more
  • Robinhood Platform Walkthrough
    Robinhood is a Palo Alto, CA based financial services company offering a sleek and straightforward brokerage mobile app that allows users to trade stocks and ETFs for a $0 fee....read more

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*You should always independently verify and/or seek information from your legal, finance, or tax advisor as to whether a specific broker is right for you. Please note that not all brokers reviewed by Investopedia offer services in your geographic region. Additionally, Investopedia may receive compensation from certain broker-dealers referral programs when you click on links to their services, and/or submit an application or get approved for a brokerage account.