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Best online brokers 2018

MoneyRates.com compares commissions, fees, trade types, research, customer service and more so you can find the right online broker fit.

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
  • $4.95 stocks & EFT trades.
  • $3.95 for active traders.
  • Plus, 24/7 support!
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%