Stock broker companies

Top 5 brokerage firms in U.S. Best investment firms for individuals. 5 highest rated stock broker companies in 2021

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

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TD Ameritrade rating

TD Ameritrade Review

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$0 commissions + transfer fee reimbursement.

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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 a 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 a 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.

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Charles Schwab rating

Charles Schwab Review

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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.

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Ally Invest rating

Ally Invest Review

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Up to $3,000 cash bonus + $0 commission trades.

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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.

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Fidelity Investments rating

Fidelity Review

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Making the list of top 5 brokerage firms for the first time is Webull. They have been offering $0 commissions on stocks and ETFs for much longer than any other firm in the article. Unlike all the other companies, they also offer $0 commissions on all crypto-currencies, 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 advanced trading platform, paper trading, and good margin rates. All this is making Webull an appealing option to consider for an individual investor.

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WeBull rating

Webull Review

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Best broker paper trading