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Top 10 Online Stock Brokers

Blain Reinkensmeyer

Published by Blain Reinkensmeyer


Tuesday, April 25th, 2017

Choosing an online stock broker is one of the most important decisions you'll make as in investor. Every client has a different investment style that can help determine which online broker may be the best fit.

The staff at StockBrokers.com has compiled a quick review of the 10 top online stock brokers. Every broker is known for something different which makes it unique to its competitors. The goal of this review is to exploit those unique factors whether it be discounted trades, great customer service, or an overall highly rated platform.

Alongside reviewing the broker recommendations below, we recommend reading our 2017 Online Broker Review and our full Stock Broker Reviews on the site.

TD Ameritrade

1. TD Ameritrade - Rated #1 Online Broker Overall in our 2017 Review, TD Ameritrade offers one of the largest varieties of trade tools through its desktop based Thinkorswim and web based Trade Architect platforms. The broker also boasts Best in Class ratings for numerous categories including Research and Customer Service.

EXCLUSIVE OFFER: Trade free for 90 days + get up to $600 cash.


Fidelity

2. Fidelity - Fidelity Investments received 4.5 out of 5 stars in our 2017 Review, including being awarded Best in Class for eleven categories. They also took home #1 for Order Execution, Research, and Ease of Use. Take advantage of their investment advising services at over 180 retail locations.

EXCLUSIVE OFFER: Get 300 commission-free trades and 2 years to use them.


Charles Schwab

3. Charles Schwab - In 2017 they were rated 4.5 Stars Overall and #1 Retirement Services and #1 Client Dashboard. Extensive research access along with solid costumer service and banking services, a great full service brokerage. Charles Schwab will not disappoint.

Current Offer: Earn 500 commission-free online trades for 2 years with Schwab. Know more.


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4. ETRADE - ETRADE was voted the #1 Online Broker in our 2011 Review, finishing in third overall with 4 stars in 2017. ETRADE Mobile is rated a best in class mobile trading app today and the broker offers great access to quality research, trade tools, education, and more.

Current Offer: Announcing $6.95 Online Equity & Options Trades. Join today!

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Merrill Edge

5. Merrill Edge - Finishing fifth overall in 2017, Merrill Edge was also awarded #1 for Banking Services. They provide a well rounded option for clients and Bank of America accounts are directly link-able. Best in Class for Research, Customer Service, Investor Education, and Banking.

Current Offer: Invest in a new account and get up to $600.


Scottrade

6. Scottrade - Offers its clients $7 flat fee trades and over 500 local branch offices. Scottrade is an easy to use broker that makes the client experience fantastic as clients have access to live representative assistance throughout the day. The broker also offers real-time streaming watch lists alongside a variety of other tools and research.

Update: Scottrade was acquired by TD Ameritrade in October, 2016!


TradeKing

7. TradeKing - Rated as 4.5 Stars for Commissions & Fees in 2017. Their online investor community, the Trader Network, is home to over 500,000 traders sharing ideas and research. For investors looking for discounted stock trades and fantastic customer service, TradeKing is a great match.

EXCLUSIVE OFFER: Get up to $2,000 in commission credit.


OptionsHouse

8. OptionsHouse - Awarded 5 stars and #1 overall in 2017 for options trading, OptionsHouse offers discounted $4.95 flat fee stock trades and options trades are $0.50 per contract + $4.95 base. Also received the #1 Web Based Platform accolade.

EXCLUSIVE OFFER: Trade Commission-Free For A Full 90 Days!


TradeStation

9. TradeStation - Advanced trading platform for the active trader, having been awarded Best Platform Technology from 2013-2017. In our 2017 Review, TradeStation finished Best in Class for Active Trading, Options Trading, Platforms & Tools, and Customer Service. Their proprietary EasyLanguage has created numerous apps in their TradingApp Store.

Current Offer: Low Fees and Free Market Data. Trade with TradeStation.

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Capital One Investing

10. Capital One Investing - Known for their automatic investment plans, Capital One Investing (ShareBuilder) is a good fit for casual investors and 360 clients. Their discounted automatic trade commission is only $4, less expensive than many of the larger brokerages. Awarded #1 Portfolio Builder in 2015 and 2016.

Current Offer: Get up to a $600 bonus when you fund your new account.

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When looking for any new online stock broker it is important to make sure to meet your most important needs as an investor. Are low cost trade commissions most important? What about customer service, the trade platform, mobile trading, active trading, or a community to trade alongside? With many brokers specializing in different areas comparing all the possibilities is key.

Summary of Recommended Brokers


Broker Recommended For Review Minimum Deposit Commissions Overall Rating
TD Ameritrade Overall, trader tools Review $0 $6.95 4.5 Stars
Fidelity Research Review $2,500 $4.95 4.5 Stars
Charles Schwab Retirement Review $1,000 $4.95 4.5 Stars
OptionsHouse Discount trading Review $0 $4.95 4 Stars
Merrill Edge Rewards program Review $0 $6.95 4 Stars
Capital One Investing Monthly investing Review $0 $6.95 3 Stars
Scottrade Client experience Review $2,500 $7.00 4 Stars
TradeStation Platform technology Review $5,000 $4.95 3.5 Stars
E*TRADE Balanced offering Review $500 $6.95 4 Stars
TradeKing Ally savings acct Review $0 $4.95 4 Stars

Broker Comparison Tool


Compare online brokers with the stock brokers comparison chart! Included are easy to read star ratings, pricing and fees information, and even a features overview section to see what every broker has to offer.

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