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May 1, 2024 · When it comes to investing, selecting the best online brokers is a crucial decision. With numerous options available that all provide free stock trading and zero commissions on various asset...
- Dan Blystone
- Contributor
- What is an online brokerage account?An online brokerage account is a portfolio of cash and securities on an online trading platform. Investors can use online brokers instead of conven...
- How much money do I need to open an online brokerage account?Some online brokerage firms have account minimums that range from several hundred to several thousand dollars. However, the top online brokers that...
- How do I open an online brokerage account?To open an online brokerage account, all you have to do is visit a broker’s website. Each firm has its own account opening process, which can be co...
- What kind of online brokerage account should I choose?What kind of online brokerage account you should open depends on your financial goals. For example, if your goal is to save for retirement, you sho...
- Should I open a cash account or a margin account?If you’re an experienced investor and you want to actively trade the markets, you might consider opening a margin account instead of a cash account...
- What info do I need to open an online brokerage account?Securities regulators require all brokerage firms to know their clients—even online brokers. To open an account, then, you’ll need to provide infor...
- What is a paper trading account?A paper trading account is a mock investment account that allows users to pick investments without risking any real money. The account tracks the o...
- How can I buy stocks online without a broker?You can buy stocks without a broker by using a dividend reinvestment plan or investing in a direct stock purchase plan. While these options make it...
Fidelity Investments offers Financial Planning and Advice, Retirement Plans, Wealth Management Services, Trading and Brokerage services, and a wide range of investment products including Mutual Funds, ETFs, Fixed income Bonds and CDs and much more.
- E*TRADE. 4.5. Fees $0 per trade. Account Minimum Promotion. None. no promotion available at this time. Learn More. on E*TRADE's website.
- TD Ameritrade. 5.0. Fees $0 per trade. Account Minimum Promotion. None. no promotion available at this time. Learn More. on TD Ameritrade's website.
- Webull. 4.0. Fees $0 Account Minimum Promotion. 4 Free Stocks. after opening and funding an account. Learn More. on Webull's website.
- Robinhood. 4.0. Fees $0 per trade. Account Minimum Promotion. One free stock. for new account owners. Learn More. on Robinhood's website.
- Best Online Brokerage Accounts and Trading Platforms of 2024
- Why We Chose It
- Overview
- Why You Should Trust Us
- How to Choose A Brokerage Account
- How We Picked The Best Online Brokers and Trading Platforms
Best Overall: FidelityBest for Low Costs: FidelityBest for Beginners: Charles SchwabBest for Advanced Traders: Interactive BrokersBest Overall
When it comes to bringing critical full-service brokerage features, sophisticated tools, and low fees to a wide range of traders and investors, all across continually enhanced platforms, Fidelity reigns supreme for the third consecutive year.
Best for ETFs
Fidelity is our best broker for ETFsbecause of its rich ETF-focused educational content and research tools, expansive ETF offering, and fractional ETF trading. Fidelity is a repeat winner in this category, after earning the top from Charles Schwab spot in 2023.
Best for Low Costs
Fidelity has long been an industry leader when it comes to lower fees, and its transparent and compelling fee schedule is the reason why, for the third year running, it wins for low costs.
In an industry full of innovative companies competing for the attention of an incredibly diverse universe of traders and investors, Fidelity delivers the most well-rounded product offering to suit the needs of nearly every investor. Headquartered in Boston, Fidelity’s storied history began with its founding in 1946. With $4.9 trillion in discretion...
Investopedia collected key data points from 26 online brokerage companies to identify the most important factors to investors. We used this data to review each brokerage platform for fees, usability, research amenities, and other key features to provide unbiased, comprehensive reviews to ensure our readers make the right decision for their investin...
When choosing an online broker, you have to think about your immediate needs as an investor or trader. If you are a beginner, you may need a broker who has great educational material about the stock market and other financial markets. Several brokers also allow for paper trading before funding an account, allowing you to learn the platform, sample ...
Providing readers with unbiased, comprehensive reviews of online brokers and trading platforms is a top priority for Investopedia. We combined our industry research, subject matter expertise, and investor survey data to guide the research and weightings for our 2024 online broker awards. To collect the data, we sent a digital survey with 110 questi...
- Charles Schwab. Schwab has been well-known for decades with its customer-first approach. Charles Schwab does it all well, from low fees to solid research to no account minimum – all at a reasonable trading commission.
- Fidelity Investments. With a reputation for being investor-friendly, Fidelity is a great overall pick for your next broker. Fidelity provides a wealth of research and is highly regarded for its snappy customer support, too.
- TD Ameritrade. TD Ameritrade is great if you want a broker that can go anywhere. Besides the usual stocks, bonds, ETFs and options, you’ll also get access to futures and forex.
- E-Trade. If you want access to all types of investing, then E-Trade can give you that, with access to stocks, bonds, options, ETFs, mutual funds and futures.
Compare brokerage accounts today! We’ve researched and identified the top brokerage firms in the U.S. for all level investors. Now, select the broker that’s right for you!
Mar 25, 2024 · Best Online Brokers of 2024. Here are the best online brokers for 2024, based on over 3,000 data points. Fidelity - Best overall. E*TRADE - Best for mobile trading. Charles Schwab - Best desktop stock trading platform. Merrill Edge - Best research experience. Interactive Brokers - Best for professional traders.
