Best Brokerage for day trader

Best stock brokerage firms for day-traders



3.5-star brokerage firm rating

ChoiceTrade Review

ChoiceTrade

  • Stocks and ETFs (not direct access): $5 per trade
  • Stocks and ETFs (direct access): $0.005 per share, $1 minimum per trade
  • Stocks and ETFs (broker-assisted): $30 per trade
  • Options: $5 plus $0.15 per contract
  • Mutual funds: $25 per trade
  • Investment products: stocks, options, mutual funds, Forex, ETFs
  • Minimum to open Choicetrade account: $0 for cash account, 2,000 for margin account
  • All Choicetrade fees


ChoiceTrade offers Direct Access trading with $0.005 per share and $1 minimum per trade. This means that all orders of up to 200 shares will cost you just $1! Orders up to 500 shares will cost $2.50 or less.

ChoiceTrade is highly rated by all investor magazines. You could open account with ChoiceTrade with no money down in just a few minutes and try their virtual trading and other services to see how you like it.

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ChoiceTrade Review

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5-star brokerage firm rating


OptionsHouse

  • Stocks and ETFs: $3.95
  • Stocks and ETFs Broker assisted: $3.95
  • Two plans for options:
    1. Up to five contracts for $5; each additional contract $1
    2. $8.50 + 0.15/contract (great if trading over 10 contracts)
  • Two plans for spreads:
    1. Up to 10 contracts for $10; each additional contract $1
    2. $12.50 + 0.15/contract
  • Mutual Funds: $9.95
  • Orders for U.S. treasury bonds and listed corporate bonds are accepted by phone
  • Investments: stocks, options, mutual funds, bonds, ETFs
  • Minimum to open Optionshouse account: $1,000 for cash account, $2,000 for margin account
  • All Optionshouse fees


With only $3.95 flat-rate stock commission and first up to 5 contracts for $5 (each additional contract $1) in options commission, OptionsHouse is one of the top choices for active traders and day traders looking for flat rate commission account to make larger trades that will be too expensive with per-share plan.

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Optionshouse Review

Optionshouse Promotional Code

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