Categories: Business

Top 10 Best Brokerage Accounts for Stock Trading

Best Brokerage Accounts

Choosing the best brokerage account for beginners can be a daunting task. The truth is that there are quite a few things to consider in your search for the right company.

Finding the best place to invest your money can be very tough, especially if you are just starting out. There are so many different things to take into consideration before you make your final decision, and it all depends on exactly what you are looking for.

Whether you’re interested in day trading or long-term investing, choosing the right brokerage account for your needs can be a daunting task. And that’s exactly why Traders Union has done some of the work for you. They have created a list of best brokerage accounts that are suitable for beginners and professionals too. Traders Union is a small but thriving Share trading club. They have over 1,500 members and we are growing every day. It offers the members the chance to trade shares with other likeminded people in a friendly and safe trading environment. Learn about Share trading at Traders Union website.

The best brokerage accounts for stock trading include:

  1. eOption
  2. Interactive Brokers
  3. Fidelity
  4. Degiro
  5. Charles Schwab
  6. Webull
  7. ETrade
  8. Robinhood
  9. TD Ameritrade
  10. TradeStation

These online brokerages are ideal for new investors because they offer a broad range of investment choices, tools, research, and guidance at every price point. Best of all, they’re all fee-free with no commissions when you buy and sell U.S.-listed stocks, ETFs, and options with them.

You’ll need to pay attention to expense ratios on mutual funds and ETFs you buy elsewhere, though — otherwise they could end up costing more than a commission.

While each of these platforms has something unique to offer in terms of features and products, there are some core things to look for in any good broker: mutual funds, stocks, and bonds from every major U.S. index; international stock trading; options trading; low fees; investment advice; retirement planning tools; educational resources; active trader tools; mobile apps for buying and selling on the go; an active investor community; the ability to trade futures, forex or CFDs.

10 Best Brokerage Accounts for Stock Trading

Here’s a look at the top 10 best brokerage accounts for stock trading based on research conducted by tradersunion.com.

  1. eOption

eOption, a leading online trading firm, has just announced that they are now offering free stock trades to all new customers. This is a major coup for eOption and its investors, who have been growing at a tremendous rate since its launch only two years ago. To celebrate this new announcement, eOption is offering new customers the chance to try out their platform risk-free for 30 days with no obligations or commitments whatsoever.

  1. Interactive Brokers

Are you looking for a way to make your stock trading easier? Then check out Interactive Brokers. They have the tools that you need to help make your trades more profitable. They have everything that you need to help you succeed. They have the right tools and the right platform for your trading needs.

  1. Fidelity

Fidelity Stock Trading, a leading provider of trading technologies and services for financial advisors, today announced that it has launched Fidelity Digital Trade Execution, the industry’s first white label trading platform with access to multiple market centers. The innovative new offering provides financial advisors with an easy-to-use digital execution platform that gives them the ability to choose between domestic equities, foreign exchange, and commodity markets.

  1. Degiro

Degiro, the European discount broker, has become a popular stock trading alternative for active traders in Europe. The company’s low cost and simple trading platform make it a favorite among investors, who can reap the benefits of stock trading at low costs. DeGiro offers free stock and ETF trading in Germany and the Netherlands and charges a small fee in other European countries.

  1. Charles Schwab

Charles Schwab Corporation, the global leader in the online brokerage industry, today announces an expansion of its free, award-winning MarketPro platform to include international stocks and ETFs. MarketPro users can now trade over 6,000 international stocks and nearly 2,000 international ETFs through Schwab’s Trade Architect platform.

  1. Webull

Webull, the stock trading app that provides a clean, simple, and intuitive experience for investors, today announced that it has added two industry-leading experts to its board of directors: Lisa Ellis and Mark Goines.

  1. ETrade

When you think of a stock market, words like “fast,” “easy” and “fun” come to mind. That’s why Etrade’s Stock Trading is the perfect way to get started on your investing journey. Start trading with as little as $1. We’ll even throw in a free stock when you open your account.

  1. Robinhood

Robinhood, the financial services startup that has rocked the stock trading world with its commission-free service, has been named the best stock trading app in a new survey.

  1. TD Ameritrade

TD Ameritrade, the leader in online investing, is proud to announce a new service designed to make trading easier and more accessible than ever before. The new Trade Architect will allow investors to create a trading strategy and then automatically execute trades based on that strategy.

  1. TradeStation

TradeStation is the best stock trading application in the world. TradeStation has been featured in the New York Times, CNBC, and is used by millions of people each day. TradeStation offers thousands of stocks, ETF’s, and Forex. TradeStation is trusted by millions of traders every day. TradeStation makes it easy to invest, trade stocks, and find new opportunities.

Read Also: Simple Tips on How to Trade Cryptocurrencies

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