Investors searching for a new broker should compare online brokers to find the best trade platform that suits their needs. Below we have a full comparison chart with ten of the top rated online stock brokers: TD Ameritrade, ETRADE, TradeKing, Scottrade, OptionsHouse, OptionsXpress, Zecco, trade MONSTER, and MB Trading.
The below broker ratings chart makes it easy to compare and find a new online broker. While most investors simply seek out low trade commissions it is important to note that trading tools, research, and customer service are also very important when comparing brokers.
This comparison table incorporates data from the StockBrokers.com 2012 Online Broker Review which I highly recommend reading through in conjunction with this chart. Please also refer to my stock brokerage guide here on the site for help, and feel free to email me if you have any specific broker questions.
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ETRADE
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TD Ameritrade  |
TradeKing
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Options- House  |
Scottrade
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trade MONSTER  |
Options- Xpress  |
Zecco
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MB Trading
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| Current Offers | Trade free 60 days + $500 Learn More |
Trade free 60 days + $600 Learn More |
$150 transfer fees reimbursed Learn More |
100 free trades Learn More |
Trade free 30 days Learn More |
$100 cash bonus Learn More |
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| Reviews by StockBrokers.com | ||||||||||
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| ETRADE | TD Ameritrade |
TradeKing | Options House |
Scottrade | trade MONSTER |
Options Xpress |
Zecco | MB Trading |
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* - StockBrokers.com 2012 broker review included 24 brokers with ratings in eight categories: commissions & fees, ease of use, platforms & tools, research, customer service, offering of investments, investor education, and mobile trading. This page was written by and was last updated on 2012-03-01. thinkorswim, Division of TD Ameritrade, Inc. and Reink Media Group LLC are separate, unaffiliated companies and are not responsible for each other's services and products. |
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| Fees | ||||||||||
| Trade Commissions | $9.99 | $9.99 | $4.95 | $3.95 | $7.00 | $7.50 | $9.95 | $4.95 | $4.95 | |
| Options Trade Base | $9.99 | $9.99 | $4.95 | $8.50 | $7.00 | $7.50 | $0.00 | $4.95 | $0.00 | |
| Options Per Contract | $0.75 | $0.75 | $0.65 | $0.15 | $1.25 | $0.50 | $1.50 | $0.65 | $0.95 | |
| Broker Assisted | $54.99 | $44.99 | $4.95 | $3.95 | $27.00 | $7.50 | $9.95 | $19.99 | $4.95 | |
| Minimum Deposit | $500.00 | $2,500.00 | $0.00 | $1,000.00 | $500.00 | $0.00 | $0.00 | $0.00 | $1,000.00 | |
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| StockBrokers.com 2012 Review* Recommendations | ||||||||||
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