Best Brokerage Firms
Above is the list of our three top rated, best brokerage firms in 2015. These discount online trading companies accept USA-based
customers, and enable their clients to buy and sell stocks listed on NYSE, NASDAQ, and other exchanges. Some of these stocks are included in S&P500 and Dow indexes.
OptionsXpress is also open to international investors, so if you are one of them read
Of course, the companies mentioned in this article are also offering their customers an ability to invest in literally thousands of various mutual funds from most major mutual fund
families including Vanguard and Fidelity. The types of mutual funds available are no-load, load, NTF (no transaction fee), index funds, bond and target retirement funds, and others. The firms
also allow options trading as well as investing in ETFs and a majority of available bond securities.
You can open new account or transfer your existing brokerage house account by clicking on one of the links on the Brokerage-Review.com website. TradeKing and
OptionsXpress allow opening an account with no initial deposit ($0 down). All three firms offer promotion incentives for new customers.
The best online brokerage for beginner investors and for IRA accounts is Scottrade - there are no IRA fees: individual retirement account setup, inactivity, or annual maintenance fees.
Unlike most of its competitors, the company does not even charge customers for closing their IRA account.
If you are only comfortable investing with large, well-known online brokerage firm, then either Scottrade or OptionsXpress
(now owned by Charles Schwab) will be great choices. These two companies belong to the "Big 5 Brokerages" - the five largest brokerage houses in the U.S.
For active stock and options traders TradeKing offers one of the best brokerage accounts with cheap trading costs.
The firm charges just $4.95 per stock or ETF trade and only $9.95 for no-load, no-transaction fee mutual funds! It also provides lots of valuable services for free.
OptionsXpress offers easy-to-use yet powerful and sophisticated set of trading tools, a simulated trading environment, fee-free IRAs,
free streaming quotes, and great beginner investor education. While stock and ETF trades cost is on the higher side, transaction-fee, no-load mutual funds are
just $9.95 per transaction.
In sammary, we rated Scottrade, TradeKing and OptionsXpress the Top Brokerage Firms in 2015
in the United States for do-it-yourself (DIY) investors.
Each broker has unique strengths that will appeal to various groups of customers. All these firms are safe: they are members of FINRA and SIPC, which means
that they are regulated by U.S. government, and their client accounts are insured for up to $500,000 per customer, including up to $250,000 in cash.
This article was updated on 3/2/2015.