5 Top Online Stock Brokers
Investors should know the best online stock brokers to trade with. The following top online brokers offer traders the most value for their investment portfolios.
Some online stock brokers are known for their award winning customer service while others are known for inexpensive or even free stock trades. This review will highlight some of the best stock brokers available today.
1. ETRADE
ETRADE was ranked #1 Online Broker 2009 by SmartMoney**. ETRADE offers trading anytime, anywhere with its Etrade Mobile Pro service available on both the BlackBerry and the iPhone. Power ETRADE Pro offers active traders world class trading tools.
Current 2010 ETRADE Offer: Trade free for 60 days (500 free trades max) + Get up to $500 with any new account!
2. thinkorswim
thinkorswim was rated the #1 Online Broker 2010 by Barron’s*. Offering one of the best known trade platforms for active traders, the broker was rated as “best for frequent traders,” and “best for options traders” in 2010 by Barron’s*.
Stock trades are a flat-rate $9.99 per trade or $.015 per share with a $5.00 minimum.
Open an account at thinkorswim
3. TradeKing
offers investors fantastic customer service and extremely competitive trade commissions. All trades are $4.95 and $.65 per option contract.
TradeKing is also home to the Trader Network with over 200,000 investors all sharing trade ideas, research, and market analysis.
4. OptionsHouse
OptionsHouse offers $2.95 flat rate trades and was also rated best for Options Traders in the Barron’s 2010 review of online brokers. Options trades cost either $5 for up to 5 contracts or $8.95 + $.15 per contract.
Current 2010 Offers: Receive 100 free trades with any new account!
Open an account at OptionsHouse
5. Scottrade
Scottrade was honored as #1 for Customer Loyalty 2009 by Brand Keys.
Scottrade has over 400 local branch offices for personal service and offers competitive $7 flat-fee stock trades. Scottrade clients can also take advantage of premium trading tools through the Scottrade Elite and OptionsFirst platforms.
Online Brokers Comparison Chart
New!! Compare online brokers with our stock brokers comparison chart! All the online stock brokers and discount 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.
View the stock brokers comparison page now.
* – thinkorswim was rated #1 overall online broker, “best for frequent traders,” and “best for options traders” in the 2009 Barron’s ranking of online brokers (3/16/2009), and the 2010 Barron’s ranking of online brokers (3/15/2010). Barron’s is a registered trademark of Dow Jones & Company © 2010.
** – E*TRADE Securities was ranked #1 Online Broker by SmartMoney Magazine, June 2009 Broker Survey, based on the following categories: Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and HearstSM Partnership.
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.