Over the past six months, I have once again had the honor of leading research for our seventh annual StockBrokers.com Review.
As a hobby trader for the past 16 years, 2016 was the year I reached a personal milestone: I completed my 1,000th trade in my personal portfolio, finishing 2016 with 1,013 trades in total (2,403 individual buys and sells, to be exact). Of the 16 brokers that volunteered to subject themselves to our thorough assessment this year, I personally have traded with 14 of them.
Experience provides a true perspective that cannot be found elsewhere. Looking at this year’s 2017 Review, there were 308 variables, a record over last year’s 295, spread across 10 categories (no other publication, print or web, eclipses even 100 total variables).
New this year, we have added a ranking, alongside individual reviews, for eight different robo-advisors. Scored as a separate segment of the Annual Review, we dove head first into the space. Instead of relying on website information and marketing materials as most editorials do, we opened and funded an account with each robo-advisor to acquire a true client experience.
To narrow down your choice of a broker best suited to you, you can start with the “Best in Class” category lists below where you can see recommended brokers based on aspects that matter most to you. Then read a full-length review and compare your favorites side by side, using the comparison tool to finalize your selection.
Since our inception back in 2011, StockBrokers.com has helped over three million investors research and compare online brokers. While the markets are anything but certain, you can feel confident that StockBrokers.com has your back in 2017 to help you find the perfect broker.
Here’s to us as investors and our success in 2017,
Our “Best in Class” awards highlight the top five brokers for 12 categories. Each category winner is displayed below its respective section label. Click on a category name to view all five winners and read additional commentary.
All broker participants were assessed on 308 different variables across 10 core areas: Commissions & Fees, Customer Service, Platforms & Tools, Research, Ease of Use, Offering of Investments, Education, Mobile Trading, Order Execution, and Banking. Read full length reviews including detailed analysis, image galleries, feature lists, and detailed commission notes.
Each year online brokers stand out for going "above and beyond" in the areas that matter most to customers. To recognize these brokers, we distribute industry awards. Here are the 2017 winners.
In total, 5,277 data points were gathered to rate and rank broker participants. To determine an Overall winner for self-directed investing, we weighted each category as follows:
Click on any category name to filter brokers results by that category. For more information, see How We Test.
|Brokers||Commissions & Fees||Offering of Investments||Platforms & Tools||Research||Customer Service||Mobile Trading||Education||Ease of Use||Order Execution||Banking||Overall Rating|
|Capital One Investing|
Our “Best in Class” awards highlight the top three robo-advisors for four categories. Each category winner is displayed below its respective section.
Robo-advisors were assessed according to four primary categories: Investment Approach, Cost, Tools, and Customer Service. Read full length reviews below including detailed analysis, image galleries, feature lists, and detailed listing of advisor fees.
To recognize the robo-advisors that shine in the areas most important to clients, we distribute industry awards. Here are the 2017 winners.
To determine an Overall winner, we weighted each category as follows:
Click on any category name to filter results by that category. For more information, see How We Test.
|Robo-Advisors||Investment Approach||Cost||Platforms & Tools||Customer Service||Overall Rating|
|Schwab Intelligent Portfolios|
|TD Ameritrade Essential Portfolios|
|Merrill Edge Guided Investing|
|Ally Invest Advisors|
|E*TRADE Adaptive Portfolio|