Stock broker companies

Top 5 brokerage firms in U.S. Best investment firms for individuals. 5 highest rated stock broker companies in 2019



TD Ameritrade

TD Ameritrade


TD Ameritrade's pricing for stocks and ETFs is ultra-low $0 per trade. Options commissions are $0.65 per contract. Mutual funds are $49.99, and the company lists 4,200 mutual funds that qualify as NTF (free to buy and sell) funds. Initial investment requirements are excellent at $0 for cash accounts and $2,000 for margin accounts.

TD Ameritrade offers unmatched benefits for investors. They have the best trading platform in the business - Thinkorswim. Virtual trading is available with a product called PaperMoney. Streaming quotes including Level II are free, and they feature independent, third-party investment research from 12 firms including Standard & Poor's, Morningstar, and TheStreet.com.


Read TD Ameritrade Review


TD Ameritrade rating

TD Ameritrade Review


Promotion link

Trade stocks and ETFs for free + get up to $600 bonus.

Open TD Ameritrade Account




Charles Schwab

Charles Schwab


Charles Schwab is one of the largest brokerage houses in the United States and it has been in business for over 45 years. The firm offers rich selection of investing products, though futures and forex trading is not provided.

Schwab does not have account maintenance and inactivity fees. There are no surcharges for large orders, penny stocks, or after-hours trading. Having an option of opening a checking account with brokerage firm is always nice, and the company does offer top-notch customer service.

As a Schwab client, a customer can schedule a no-cost, no-obligation consultation to discuss his or her goals (both short-term and long-term), evaluate current investments relative to the goals, and get specific recommendations and next steps. This is definitely valuable to somebody just starting out but should not be considered a substitute for thorough self-education in investing.


Read Charles Schwab Review


Charles Schwab rating

Charles Schwab Review


Promotion link

Make $100,000 deposit and get 500 commission-free online equity and options trades.

Open Schwab Account




Ally Invest

Ally Invest


One of the top 5 brokerage firms when it comes to commissions, Ally Invest's $0 stock and ETF fee, coupled with $9.95 fee for mutual funds, is an attractive lure for active traders. Options are also priced at a competitive rate of $0.50 per contract. Initial investment requirements are low: $0 to open a cash account, and only $2,000 is needed to open a margin account.

Ally Invest charges no maintenance or hidden fees and doesn't charge a trader for inactivity. Other freebies are no-fee IRAs, DRIPs, and real-time quotes. Ally Invest also offers a wide variety of educational resources. The firm received high marks for customer service and offers professional portfolio management: $0 Advisory Fees at Ally Invest Cash-Enhanced Managed Portfolio!


Read Ally Invest Review


Ally Invest rating

Ally Invest Review


Promotion link

Up to $3,500 cash bonus + $0 commission trades for new accounts.

Open Ally Invest Account




Fidelity

Fidelity


With stock and ETF trades costing $0, Fidelity ranks as one of the best among large brokerages companies when it comes to commissions. Their options fees are $0.65 per contract. Minimum deposit required to open an account is $2,500.

Fidelity's mutual fund commission varies from $0 for Fidelity and NTF mutual funds to $49.95 per transaction for most non-Fidelity funds. Investors should keep in mind a $49.95 short-term redemption fee for mutual funds sold less than 2 months after being purchased. There is also a $12 annual Low Balance Fee for any non-core Fidelity fund with balance under $2,000.

Fidelity is a good broker for beginning investors thanks to their educational resources and excellent customer service.


Read Fidelity Review


Fidelity Investments rating

Fidelity Review


Promotion link

Get 500 free trades with $100,000+ deposit.

Open Fidelity Account




Firstrade

Firstrade


Making the list of top 5 brokerage firms for the first time is Firstrade. They have been offering $0 commissions on stocks and ETF's for much longer than any other firm in the article. Unlike all the other companies, they also offer $0 commissions on all mutual funds, bonds, and options transactions. There is no minimum initial deposit requirement to open an account as well as no account maintenance or inactivity charges.

In addition to the lowest possible costs, they offer well-designed and intuitive website, free dividend reinvestment, and helpful online chat. All this is making Firstrade an appealing option to consider for an individual investor.


Read Firstrade Review


Firstrade rating

Firstrade Review


Promotion link

$0 commissions + up to $200 in transfer fee rebates.

Open Firstrade Account






Top 5 Brokerage Firms reviewed by Brokerage-Review.com. Rating: 5