Online broker comparison list
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We've reviewed a number of online stock brokers over the years, but we realized there wasn't a straightforward and simple way to compare the features. So we've done the research for you and compiled the information in an easy-to-read format.
Stock broker comparisons we've made
| Company | Rating | Commissions and Fees | Features | ||||
|---|---|---|---|---|---|---|---|
|
Our rating: 4.5/5 | Min. Investment | Stock Trades | Options Trades | Virtual trading | Auto Trading | Margin |
| Open account | TD Ameritrade Review | $0 | $0/trade | $0.65/contract | ✅ | ❌ | ✅ |
|
Our rating: 4.5/5 | Min. Investment | Stock Trades | Options Trades | Virtual trading | Auto Trading | Margin |
| Open account | Ally Invest review | $0 | $0/trade | $0.50/contract | ❌ | ✅ | ✅ |
|
Our rating: 4.5/5 | Min. Investment | Stock Trades | Options Trades | Virtual trading | Auto Trading | Margin |
| Open account | Vanguard review | $0 | $0/trade | $1/contract | ❌ | ❌ | ✅ |
|
Our rating: N/A | Min. Investment | Stock Trades | Options Trades | Virtual trading | Auto trading | Margin |
| Open account | E*TRADE review | N/A | N/A | N/A | ❌ | ❌ | ❌ |
|
Our rating: 4.5/5 | Min. Investment | Stock Trades | Options Trades | Virtual trading | Auto trading | Margin |
| Open account | Fidelity review | $0 | $0/trades | $0.65/contract | ❌ | ❌ | ❌ |
|
Our rating: 4.25/5 | Min. Investment | Stock Trades | Options Trades | Virtual trading | Auto trading | Margin |
| Open account | Robinhood review | $0 | $0/trade | $0 | ✅ | ❌ | ✅ |
|
Our rating: 4/5 | Min. investment | Stock trades | Options trades | Virtual trading | Auto trading | Margin |
| Visit Firstrade | Firstrade review | $0 | $0/trade | $0 | ❌ | ❌ | ✅ |
|
Our rating: 4.25/5 | Min. investment | Stock trades | Options trades | Virtual trading | Auto trading | Margin |
| Open account | Zacks Trade reiview | $2500 | $0.01/trade | $0.75-$1 | ✅ | ✅ | ✅ |
|
Our rating: 4/5 | Min. investment | Stock trades | Options trade | Virtual trading | Auto trading | Margin |
| Open account | Merril Edge review | $0 | $0/trade | $0.65/contract | ❌ | ❌ | ❌ |
|
Our rating: 3.3/5 | Min. investment | Stock trades | Options trade | Virtual trading | Auto trading | Margin |
| Open account | Tradestation review | $0 | $0/trade | $0.60 per contract | ✅ | ✅ | ✅ |
|
Our rating: 3.8 | Min. Investment | Stock trades | Options trade | Virtual trading | Auto trading | Margin |
| Visit Interactive Brokers | Interactive Brokers review | $0 | $0 | $0.15-0.65 | ❌ | ❌ | ❌ |
|
Our rating: 3.8/5 | Min. investment | Stock trades | Options trades | Virtual trading | Auto trading | Margin |
| - | Sogo Trade review | $0 | $4.88/trade | $4.88 + $0.50/contract | ✅ | ❌ | ✅ |
|
Our rating: 3/5 | Min. incvestment | Stock trades | Options trade | Virtual trading | Auto trading | Margin |
| - | Ustocktrade review | $0 | $1/trade | N/A | ✅ | ❌ | ❌ |
|
Our rating: 3.5/5 | Min. investment | Stock trades | Options trades | Virtual trading | Auto trading | Margin |
| - | Lightspeed review | $10000 | $2.50/trade | 0.20 | ✅ | ✅ | ✅ |
|
Our rating: 3.5/5 | Min. investment | Stock trades | Options trades | Virtual trading | Auto trading | Margin |
| - | Tastyworks review | $0 | $5/trade | $1 | ❌ | ❌ | ✅ |
|
Our rating: 3.5/5 | Min. investment | Stock trades | Options trades | Virtual investing | Auto investing | Margin |
| Sign up | Public.com review | $0 | $0/trade | N/A | ❌ | ❌ | ❌ |
|
Our rating: 2.5/5 | Min. investment | Stock trades | Option trades | Virtual investing | Auto investing | Margin |
| Open account | Stockpile review | $0 | $0/trade | N/A | ❌ | ❌ | ❌ |
In choosing an online broker, it all comes down to your personal preference. What particular services are you looking for? Do you want to trade options? Are you interested in finding a broker with commission-free ETFs? Is the ability to trade virtually beforehand important to you?
We've also broken down the commissions and fees to help you determine which broker has the services you need at a price your wallet can handle.
Instead of comparing all of the brokers we've reviewed, we've included just the more popular ones. We've included links to the stock broker reviews and the promotions each broker offers. To view the information in a different format, you can visit our best online brokers web page.
We are always looking for ways to improve our reviews and make it easier for your decision-making process. If you don't see a broker feature listed, let us know.
Larry Ludwig is a freelance contributor for Moneywise.
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