ROYAL OAK, MI. February 20, 2018 – StockBrokers.com has published its highly anticipated 2018 Online Broker Rankings. In addition to reviewing 13 different U.S.-based equity brokers, StockBrokers.com also reviewed eight robo-advisors.
Blain Reinkensmeyer, Co-Founder and Head of Research, commented, “Since our inception back in 2011, StockBrokers.com has helped over four million investors research and compare online brokers. While the markets are anything but certain, you can feel confident StockBrokers.com has your back in 2018 to help you find the right broker.”
With six months of extensive research and testing completed, investors can now read over 40,000 words of commentary, including reviews and ratings, to find the best online broker or robo-advisor for their needs.
All U.S. equity broker participants were assessed on 292 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. Robo-advisors were assessed according to three primary categories: Investment Approach, Cost and Tools. A total of 3,796 data points were collected.
We presented “Best in Class” awards to equity brokers across all ten core areas as well as additional categories such as Options Trading, Active Trading, New Investors, and Overall. A “Best in Class” designation means finishing in the top five brokers for that category. Robo-advisors were awarded “Best in Class” awards for three different categories: Investment Approach, Cost, Tools, and Overall. A “Best in Class” designation means finishing in the top three robo-advisors for that category. Individual Industry awards were also distributed for both equity brokers and robo-advisors.
The full review, including overall rankings, can be found at:
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