We tapped into the expertise of one former day trader and one financial commentator with 20 years of trading experience to analyze 13 of the best online stock trading sites. To find our top picks, we analyzed pricing structures, dug into each broker's research and tools, and took their platforms for a spin to find which one is best for different types of investors and strategies.
How We Found The Best Online Stock Trading Sites It’s a tumultuous time for online stock brokers. The players have largely remained the same, but between significant cuts in commissions and a few major acquisitions (Etrade acquired OptionsHouse; TD Ameritrade and Scottrade merged; Ally Invest now lives under Ally Bank), the competition is fierce.
Top 3 reasons why Schwab is a great choice for stock trading. Get exceptional value on stock trades. Trade stocks online for just $ 4.95 per trade. 1 You can also trade Over the Counter Bulletin Board (OTCBB) and some pink sheet securities online. Learn more about our fees and commissions.
OptionsHouse is the best online stock trading software for beginners because of its user training tools and educational resources about the stock market. A first-time user of OptionsHouse can find lots of tutorials and training videos to learn how to use the platform and how to navigate the world of investing.
Orders executed in multiple lots on the same trading day will be charged a single commission. When an order is partially executed over multiple trading days, the order is subject to a separate commission charge for each trading day. Research provided by unaffiliated third-party sources is deemed reliable by TD Ameritrade.
Fidelity was also rated No. 1 in several categories, including Research, Ease of Use, and Order Execution, and named Best in Class for Offering of Investments, Platforms & Tools, Customer Service, Mobile Trading, Education, Banking, Active Trading, and New Investors.
There is no single best online broker for stock trading. But among the dozens of financial firms vying for your investing dollars will be one that’s best for you. Below are the brokers that earned NerdWallet’s highest marks based on the breadth and quality of their offerings in the areas that matter most to individual investors — trading fees, tools and research, customer service, investing education.
Interactive Brokers (IB) offers comprehensive broker-dealer services through a robust trading platform and highly regarded back-end support. It provides access to multiple world markets, exchanges, and security products through seven corporate entities in North America, Europe, India, Asia, and Australia.