The 8 Best Online Stock Brokers of 2019

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Get more information about our review process. If you want to manage your investment, the best way now is to be an online broker. There are a handful of good stock brokers to choose from, so knowing what action is best for your needs can be a challenge. Before blocking an account, you should consider the following factors: fees, research, trading platforms, account options, customer service and investment options.

Fortunately, the balance team evaluated some of the best online brokers to help you find the right person for you.

Better integrated management: financial management of Jiaxin Jiaxin Financial has been named the best online stockbroking company in the world.

The financial management of Jiaxin with its low investment costs, high-tech trading tools, a wide range of investment options, a wide range of investment options and quality customer service, become the ideal option for investors new and old. Beginners will enjoy Jiaxin Financial’s easy-to-use online investment platform and mobile applications, which allow you to buy and sell securities, transfer money, manage accounts or access research, ratings and reports for a variety of investments.

Jiaxin Financial customers can also obtain a range of ETFs and mutual funds that do not charge commissions from the Jiaxin Financial Fund family and the Jiaxin financial selection list. Professional investors will enjoy Credit Suisse’s advanced online and desktop trading systems, fast and easy mobile commerce and a wide range of investment options.

And, as long as you pay $ 4.95 in transaction fees, when you decide to buy and sell, you get the lowest price in the industry.

The best for research: Fidelity Fidelity is another leader in the low-cost investment sector, which charges $ 4.95 per transaction.

Fidelity is known for its family of low-cost funds and its in-depth research tools on the Fidelity website. Fidelity is also a leader with a view to the future in the field of technology and tools for investors. Some of Fidelity’s useful tools include retirement plan evaluation, business strategy tools, inherited planning features and more.

Fidelity also offers its own family of funds. After logging into your Fidelity account, the highlighted feature is the news and investigation tab. Here you can get many details about stocks, bonds, funds and other investments, useful investment filters and even information on how to participate in the coveted IPO process.

The best for free trade: Robin Hood Robinhood is a unique online brokerage company. While it does not have as many features or investment options as traditional brokerage firms, it offers something that no other company has: free stock trading. Infinite.

Forever Yes, Robinhood offers free trade.

In fact, when you apply, you can also get free trade and cryptocurrency options from Commerce (ie bitcoin, the etheric square and other digital currencies). Robinhood is a mobile priority trading platform. The web version is actually totally new. Once you have logged in, you will not get a lot of luxury things, but you will get free to trade.

Your price could not have been better.

Best investment option: E-Commerce ETrade is one of the oldest online brokers and is popular for its easy-to-use tools and powerful trading platform. $ 6.95 per transaction (the first 29 transactions are $ 4.95 up to $ 500), which is not the cheapest game.

But they can have a lower cost with some volume discounts. The OptionsHouse platform is at the center of the ETrade experience.

While you can make good deals online or on site, Opening OptionsHouse gives you quick access to trend lines, volumes, and other important market graphs and data so that active traders know they have made the right decision. Like most brokers, you have access to a range of investment options. ETrade offers stocks, bonds, mutual funds, ETFs, options and futures. Almost anything that can traditionally be traded by retail investors can be traded through electronic commerce

The best for beginners: Ally Invest Ally Invest, like other low-cost brokers, trades 4.95 dollars per transaction, and when you operate more, trading volumes are discounted.

Due to low commissions, no account floor and automatic investment plan, investment ally is a great option for beginners. Ally Invest, formerly known as TradeKing, was acquired by Ally in 2016. TradeKing became Ally Invest. If the name sounds familiar, it could be due to Ally’s major checks and savings accounts.

The investment is a natural extension of Ally’s online banking business. Ally account holders who have an average daily balance of more than $ 100,000 or at least 30 transactions per quarter offer a discount on trading based on volume, with only $ 3.95 per pen.

But even if you are not eligible for a discount, Ally offers competitive standard prices and a range of investment options, including currencies.

More suitable for active traders: TD Ameritrade TD Ameritrade is a long-term brokerage firm that offers $ 6.95 in commerce.

As early as September 2017, TD Ameritrade completed its acquisition of Scottrade Securities, making it one of the largest players in the online brokerage industry. Due to TD Ameritrade’s ThinkOrSwim platform, active merchants prefer TD Ameritrade.

While you can operate online or on your phone (even with a smart watch!), ThinkOrSwim sets a high bar for the trading platform. ThinkOrSwim offers commercial tools of professional quality. If you have an investment fund, it is almost the closest retail investment you can get to a Bloomberg terminal without paying a substantial subscription fee.

With ThinkOrSwim, you can even trade selected securities with a global Trading cycle of 24 hours 24 hours a day (5 days a week).

Senior merchants with active accounts can like TD Ameritrade better between alerts, charts, economic and investment-specific data, and advanced transactions.

Best reward: the advantages of Merrill Lynch The edge of Merrill is part of Bank of America and has some important traditions on Wall Street. The name “Merrill Lynch Advantage” comes from Merrill Lynch, a veteran Wall Street investment bank that dates back to 1914 years.

Merrill was a big loser in the Great Recession and was eventually acquired by Bank of America in 2008. Today, Merrill Edge is the discount brokerage arm of Merrill Lynch / Bank of America Lynch / Bank. But the most unique thing about Merrill is that it is involved in the Preferred Stock incentive program of Bank of America.

If you already work at Bank of America, that could make Merrill the best option for you. In the priority rewards program, the benefits of Merrill Lynch’s dominant clients include discounts and interest rate increases based on account balances.

Some of these benefits, such as not charging at ATMs at other banks, are not as exciting as many banks now offer free services. But for some large physical banks, this is a rare and valuable add-on service because it eliminates monthly maintenance fees and priority customer service.

The best rewards are left to the Bank of America combined deposit balance of more than $ 100,000, which belongs to the “platinum honor” level.

08 best international investment: interactive brokerage Interactive brokers offer a unique pricing structure that can help the most active traders save money.

Depending on your needs and trading strategy, you can choose between a fixed rate plan and a tiered plan. In a fixed price model, US stocks are traded at $ 5 billion per share (0.5 cents per share), with a minimum trading price of $ 1 per order. Interactive brokers offers a fee-free ETF agreement for 9 fund families.

The international market charges a different rate depending on where it operates. Under the hierarchical pricing structure, you pay less per share, but your fees are based on your total trading volume. Depending on its volume of operations, it will pay 0.0035 cents to 0.0005 dollars per share.

The exchange fee is separated from the transaction fee, and depending on the exchange and volume, you will have to pay more than that price. Interactive brokers gives you direct access to some stock exchanges popular worldwide. These include Canada, Mexico, Austria, the Baltic States, Belgium, France, Germany, Hungary, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, the United Kingdom, Australia, Hong Kong, the India, Japan and Singapore.