5 Top Online Stock Brokers
Here are the online brokers that offer investors the most value for their portfolios.
1. TD Ameritrade
Best for traders
Stock Trades: $6.95 | Option Trades: $6.95 + $0.75 per contract | Minimum Deposit: $0
Current Offer: Trade free for 60 days + Get up to $600
TD Ameritrade was ranked #1 Broker for Traders 2018 by StockBrokers.com* with its $6.95 stock trades and became the first broker to support 24/5 trading (24 hours a day, five days a week). Its platforms (thinkorswim was #1 desktop platform), tools, mobile apps (including Alexa Skill and Facebook Messenger bot), research, customer service (#1 for phone support), and education (#1) are all award winning. Full review.
2. Fidelity
Best for investors
Stock Trades: $4.95 | Option Trades: $4.95 + $0.65 per contract | Minimum Deposit: $2,500
Current Offer: Get up to 500 free trades for 2 years
Fidelity is best known for its value driven customer experience. Regular stock trades are just $4.95 each and Fidelity was rated #1 for order execution quality, which drives down trading costs even further. Beyond cost and ease of use, Fidelity also finished #1 for research tools. It’s Viewpoint articles are top of class and Fidelity is the only broker to offer 12 third-party research reports for individual equities. Full review.
3. E*TRADE
Best for options trading
Stock Trades: $6.95 | Option Trades: $6.95 + $0.75 per contract | Minimum Deposit: $500
Current Offer: Trade Free for 60 Days & Get Up to $600
E*TRADE shines for its OptionsHouse platform for options trading alongside its mobile apps. OptionsHouse has been rated the #1 platform for Options Trading the past seven years. E*TRADE was also rated #1 for Mobile Trading in the StockBrokers.com 2018 Review*. Like TD Ameritrade, E*TRADE charges $6.95 per trade but offers a reduced rate of $4.95 (options $4.95 + $.50 per contract) when placing at least 30 trades per quarter.
Source: https://www.stocktrader.com