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Online Trading

Finding the best online broker for your unique financial needs is no easy feat. Not only are there dozens of companies to choose from, comparing them requires weighing many critical factors. To help you find the right fit, we gathered all the data that matters: commissions, fees, trade types, research, mobile trading platforms, customer service and more.

91
Min to Open
$0.00
Commission
$6.95
Promotion
Trade commission-free for 60 days AND get up to $600
86
Min to Open
$0.00
Commission
$4.95
77
Min to Open
$5,000.00
Commission
$9.99
Promotion
Get up to $1,500 in commission rebates
Best For
  • Advanced traders
  • Commission-free ETFs
  • Research Tools
  • Active Traders
  • Beginner Traders
  • Research Tools
  • Tech-Savvy Traders
  • Active Traders
  • Research Tools
Overall Ranking
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Commission & Fees

  • Stock Trade Fee - $9.99
  • Options Base Fee - $9.99
  • Options Per Contract Fee - $0.75
  • Mutual Fund Trade Fee - $49.95
  • Futures Per Contract - $2.25
  • FOREX per 1,000 Units - $0.10
Commission & Fees

  • Stock Trade Fee - $4.95
  • Options Base Fee - $4.95
  • Options Per Contract Fee - $0.65
  • Mutual Fund Trade Fee - $9.95
Commission & Fees

  • Stock Trade Fee - $9.99
  • Options Base Fee - $0.00
  • Options Per Contract Fee - $1.00
  • Mutual Fund Trade Fee - $14.95
  • $99.99 monthly fee, waived by trading at least 5,000 shares per month
Security Types

  • Stocks/ETFs
  • Options
  • Mutual Funds
  • FOREX
  • Futures
Security Types

  • Stocks/ETFs
  • Options
  • Mutual Funds
  • FOREX
  • Futures
Security Types

  • Stocks/ETFs
  • Options
  • Mutual Funds
  • Futures
Research

  • Free and as extensive as many other paid platform
  • Includes real-time analysis from S&P, MarketEdge, and more
  • Free access to trading specialists
Research

  • Award winning TradeKing (now Ally Invest) LIVE research platform
  • Comprehensive research and tools for new traders
  • Access to advice from other traders and experts
Research

  • Create custom strategies with EasyLanguage
  • Real time search and tracking through RadarScreen
  • Supports exclusive 3D P&L charts
Mobile Trading

  • Mirrors desktop platform
  • Supports real-time data & analysis.
  • Access to CNBC
  • Apple Watch application
Mobile Trading

  • Mirrors desktop platform
  • Supports real-time data & analysis.
  • Mobile site for non iPhone or Android users
Mobile Trading

  • Mirrors desktop platform
  • Supports real-time data & analysis.
  • Custom strategies can be executed on mobile
Banking Integration

  • Free ACH transfers to/from external accounts
  • Receive checks & debit card for no additional cost
  • ATM reimbursement
Banking Integration

  • Free ACH transfers to/from external accounts
  • Receive checks & debit card for $50 per year
Banking Integration

  • Free ACH transfers to/from external accounts
Usability

  • thinkorswim platform is ideal for advanced traders
  • Trade Architect is ideal for beginners
  • paperMoney allows users to test strategies with no risk
Usability

  • Similar experience to online banking
  • Intuitive trading platform
  • Research section is not well integrated
Usability

  • Easy multi-monitor support
  • Desktop application supports deep analysis
  • 3rd party add-ons increase functionality
Customer Service

  • 24/7 Phone Support
  • Live Chat
  • Email Support
  • 126 Local Branches
Customer Service

  • Open 24/7
  • Email Support
Customer Service

  • Phone support 8:00 AM to 8:00 PM EST
  • Live Chat
  • Email Support
Margin Interest Rates

  • Less Than $25K: 8.75%
  • $25K - $49K: 8.50%
  • $50K - $99K: 7.50%
  • $100K - $249K: 7.25%
  • $250K - $499K: 7.00%
  • $500K - $999K: 7.00%
  • More Than $1 MM: 6.25%
Margin Interest Rates

  • Less Than $25K: 7.75%
  • $25K - $49K: 7.75%
  • $50K - $99K: 6.75%
  • $100K - $249K: 5.50%
  • $250K - $499K: 4.50%
  • $500K - $999K: 4.00%
  • More Than $1 MM: 4.00%
Margin Interest Rates

  • Less Than $25K: 8.50%
  • $25K - $49K: 8.25%
  • $50K - $99K: 7.75%
  • $100K - $249K: 7.75%
  • $250K - $499K: 7.25%
  • $500K - $999K: 7.25%
  • More Than $1 MM: 6.75%