Brokers

TOP BROKERS

A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.

LAST UPDATED: 5/15/2022       🔽 ALPHABETICAL

⭐⭐⭐⭐

Acorns is a new investment app that lets people automatically invest spare change from card purchases. Get investment accounts for you and family.

▫ FEE $3-5 Per Month
▫ $0 Commissions

$0 Account Minimum
▫ Fractional Shares
No Day Trading

⭐⭐⭐⭐

Ally Mobile puts everyday banking and investing tasks at your fingertips. It's fast, secure, and free. You can also access your account biometrically.

$0 Fees

▫ $0-$2 Commissions

▫ $0 Account Minimum

No fractional Shares

▫ $25k DT Requirement

⭐⭐⭐⭐⭐

Soon-to-be defunct (in 2023) broker that offers an electronic trading platform for the trade of financial assets also including stocks, options and futures.

▫ $0 Fees
$0.65 Per Option Contract

$0 Account Minimum

No Fractional Shares
▫ Unlimited Cash Day Trades

⭐⭐⭐⭐

Charles Schwab offers banking, commercial banking, investing and related services including consulting, and wealth advisory services to clients, customers.

▫ $0 Fees
$0.65 Per Option Contract

$0 Account Minimum

Fractional Shares
▫ Limited Trading

⭐⭐⭐⭐

Coinbase, American company that operates a cryptocurrency exchange platform. Coinbase  is a distributed company largest crypto exchange in USA.

▫ $0 Fees

0.5%-4.5% Commissions

▫ $2 Account Minimum
▫ Fractional Shares
Unlimited Crypto Day Trades

⭐⭐⭐⭐
Interactive Brokers
is registered brokerage firm. It operates the largest electronic trading platform in the U.S. by number of daily average revenue trades.

▫ $0 Fees

0.12%-0.85% Commissions

▫ $0 Account Minimum
▫ Fractional Shares
▫ $25k DT Requirement

⭐⭐⭐

Robinhood established as an American set financial service company in California, known for pioneering commission-free trades of stocks, traded funds.

▫ $0 Fees

$0 Commissions

▫ $0 Account Minimum
Fractional Shares
▫ $25k DT Requirement

⭐⭐⭐⭐

Stash is a personal finance app that can help anyone improve their financial life. budgeting to saving for  retirement,  Stash unites banking, and investing.

▫ $1 Per Month

0.12%-0.85% Commissions

▫ $0 Account Minimum
▫ Fractional Shares
▫ Limited Trading

⭐⭐⭐⭐

Tastyworks has lightning fast technology, and commission free stock & ETFrades. It was built by traders, for traders. We helped pioneer options trading.

▫ $0 Fees

$0.25+ Per Option Contract

▫ $0 Account Minimum
▫ No Fractional Shares
▫ $25k DT Requirement

⭐⭐⭐⭐

TC2000 combines charting, stock & option screening, and trading features in a simple easy-to-use platform. They are recognized as a Leader.

▫ FEE $9.99+ Per Month

$2.95+$0.65 Per  Contract

▫ $0 Account Minimum
▫ No Fractional Shares
▫ $25k DT Requirement

⭐⭐⭐⭐

TradeStation offers a decent range of trading products, including stocks, ETFs, options, futures, and IPOs from the desktop, web, and mobile.

▫ FEE $99+ Per Month

$0.60 Per  Contract

▫ $0-$2000 Account Minimum
▫ No Fractional Shares
▫ $25k DT Requirement

⭐⭐⭐⭐⭐

Webull offers an electronic trading platform, accessible via mobile app and desktop computer, for the commission-free trading of stocks and more.

▫ $0 Fees

$0 Commissions

▫ $0 Account Minimum
▫ Fractional Shares
Unlimited Cash Day Trades

⭐⭐⭐⭐⭐

Discontinued December 2021

⭐⭐⭐

Discontinued November 2019

Which is the best broker for new traders?

For USA residents the most popular is WEBULL and ROBINHOOD. Both of these brokers offer Free services and do not charge commissions.

What else should I know?

As part of your broker service, you will want to subscribe to the 'Real-Time Quotes (RTQ)'. Some brokers include this in their membership while others require a subscription. If RTQ is not part of your service; you will experience a 15 minute delay between new data.

How are the ratings factored?

These ratings are based on the combined average of the top web search sources and app reviews.

Share by: