Investors looking for discount stock brokers should compare stock brokers to find the best discount broker available. Here I've taken four of the more popular online brokers and compared them across multiple categories to find out who is the best discount broker in each three categories.
Discount Stock Brokers
For this stock broker review we will be including TradeKing, Zecco, Etrade, and OptionsHouse.
Best Discount Commissions
OptionsHouse offers stock trades that are just $3.95 per trade flat rate. For options trades there are two plans offered to clients: trade up to 5 contracts for $5 total or pay $8.50 + $.15 per contract for unlimited contracts.
Pricing Comparisons - For an options trade of 5 contracts: OptionsHouse $5, Zecco $7.00, TradeKing $8.20.
Current OptionsHouse Offer - Receive 100 free trades with any new account!
Best Customer Service
TradeKing has won numerous awards for its phenomenal customer service. TradeKing was ranked best for customer service in the SmartMoney 2010 Broker Survey. For any investor looking to receive an overall fantastic customer experience, TradeKing is the way to go.
Best Trade Platform and Tools
Etrade offers investors access to Power Etrade Pro and Etrade Mobile Pro for trading on the iPhone, BlackBerry, Android, etc. Etrade is a great online broker for both part time and active traders.
Current Etrade Offer- Trade free for 60 Days and receive up to $500 with any new account!
Stock Broker Comparison Chart
Compare stock brokers with our stock brokers comparison chart! All the discount stock brokers and online stock brokers mentioned above are featured. Included are easy to read star ratings, pricing and fees information, and even a features overview section to see what every broker has to offer.
For further reviews and broker comparison tips read my Stock Broker Guide.
This guide was written by and was last updated on 2012-02-01.
