TOP BROKERAGES

IBKR is one of the biggest and well known online trading brokers in the world with advanced tools and analytics as well as low cost trading fees and commissions for its global market access. This broker is particularly popular with professional and highly advanced traders.

Powered by Ameritrade, Schwab is another of the best known brokerage firms globally and offers the fantastic ThinkorSwim platform, with its industry-leading charting and execution software. Schwab is a low cost option with $0 online commission for all listed stocks and ETFs. No initial deposit is needed to open an account.

With its direct market access and advanced order types, TradeStation is widely recognised for its top of the range tools and trading software & infrastructure that are essential for day trading. $0 commission on stocks.

Well known for being one of the top brokers for beginners in the trading world, it offers a commission-free, user-friendly platform and basic service.  A paid subscription is required to access some features such as Nasdaq level 2 market data.

Another broker offering commission-free stocks and ETF trading, Webull is known for its very strong platform and charting tools. A paid subscription is required to access some features such as Nasdaq Level 2 market data. Webull has various entities across the world so Webull US is different from UK and Australia, Hong Kong etc.

TradeZero is focused on day trading and comes with its own patented "short locator". It boasts strong access to non-easy to borrow stocks and advanced next generation trading platforms. It has separate American, Canadian and international entities, with the latter based in the Bahamas and suitable to e.g. UK and European traders.

Thanks to Morgan Stanley's exclusive research and analysis, E*TRADE is a top quality name for researching stocks, ETFs and other investments. Another $0 commission brokerage for stocks and ETFs , E*TRADE is known for its user-friendly platforms and extensive educational resources.

Lightspeed's trading platforms are specially designed with the professional and active trader in mind, with advanced risk management tools, multiple routing options, fast executions and top one to one support.

Fidelity is another contender offering $0 stock and ETF commissions as well as high level research tools and stock screening. It is a cost-effective option and a leader in education with its range of webinars and items that will appeal to both beginners and more experienced traders.

Venom is a division of Cobra Trading (see above) which offers access to traders with a lower account value ($5,000 minimum) but with the intention of still providing top products and service levels to its clients.

Centerpoint offers advanced routing and customised executions with innovative locate software and powerful platforms built specifically for active traders. Known for being one of the best brokers for shorting with large accounts, the service is offered by Clear Street, a fintech industry leader.