The Best Online Trading Sites
As an investor, choosing the correct online trading site is very important. In this article, we are going to discuss the best online trading sites. So, let’s get started.
1. TD Ameritrade
TD Ameritrade happens to deliver the best possible package for all types of investors. This includes $0 trades, a great trading platform, excellent market research guide, and an industry-leading education for all beginners in trading and investing. It also offers impeccable customer service. Futhermore, TD Ameritrade happens to have one of the largest selections of educational content in this industry by far. It has almost 200 instructional videos that cover almost all aspects of investing and trading. Additionally, they use a gamified learning center. This basically means that they tend to track all of your progress as you happen to complete all the tests and quizzes and then unlock the next set of lessons.
2. Fidelity
This platform is easily one of the most value-driven online trading platforms. It offers multiple features such as $0 stock trades, top-notch industry research, amazing trading tools, and it also has a very easy-to-use mobile app. Fidelity serves more than over 30 million customers every single day. This one is absolutely great for newbie investors who are learning the ropes. Behind TD Ameritrade, Fidelity is one of the most popular online trading sites.
3. Charles Schwab
Founded in 1973, Charles Schwab happens to be an excellent full-service brokerage which was founded in 1973. In client assets, it has over a whopping $3 trillion. Charles Schwab, as a low-cost leader tends to provide its investors with excellent stock research, efficient trade tools, and professional planning services for long term wealth management. Schwab currently boasts having 26 in-house experts who happen to provide numerous articles to a blog which is known as Schwab Insights.
4. E*TRADE
This particular online trading site was founded in the year 1982. E*TRADE definitely understands exactly what investors need when it comes to succeeding in the stock market. Their offerings highlight $0 trades, robust mobile apps, and the platform Power E*TRADE which is great for trading options.
5. Interactive Brokers
While it is true that Interactive Brokers is not really well known for its occasional or casual investor offerings, it tends to lead the industry in low-cost trading for extreme professionals. Via the Trader Workstation aka TWS platform, it offers highly advanced and excellent tools. They also have a large selection of tradable securities. This particular platform is very beginner friendly, but happens to be excellent for professional traders. Interactive Brokers also tend to offer their customers a total of 63 different order types. This, compared to the rest of the sites, is a lot. This platform’s margin rates are the lowest possible in the industry as well.
6. Merrill Edge
Merrill Edge is backed by its parent company, Bank of America. It happens to deliver $0 stock and ETF trades, and as usual, they have fantastic research and customer service.
This brings us to the end of our discussion of the best online trading sites. Now, let us know which among them is your preferred option and why do you love using it.
