The following is a list of top discount brokers with the emphasis on low cost online stock trading. These brokers are particularly well-suited for active traders. The list is sorted from the lowest commission fee to the highest for stock and ETF trades. If the fees are the same, we take into consideration other factors and rank the better broker above. In addition to the fees, we also list other special offers and features when appropriate.
Since brokers can change their offers at any given time, it’s highly recommend that you visit the site and review the most recent information carefully. Also, be sure to check out our list of best banks and savings options.
List updated May 4, 2013.
||Open an account today and receive 100 commission-free trades. Multiple promotions available. Barron’s rated best for options traders for 2009 and 2010.
||TradeKing earned 4-Star Rating in Barron’s 2012 Online Broker Survey for the sixth year in a row.
||Firstrade is currently offering 100 free trades for new accounts.
||Buy stocks for $4 with Automatic Investing. Open an account today and receive $100 new account bonus.
||Scottrade has over 500 local branch offices nationwide.
||Open a new tradeMONSTER account to trade commission free for 30 days.
||Fidelity boasts a robust mix of investments, tools and banking services.
||Schwab has a well-rounded services and products portfolio, and offers more advice and research than many competitors.
||OptionsXpress is a Charles Schwab company. It is rated Barron’s 4+ stars for 2002-2012. Open an account today and receive $100.
||Open an account today and trade free for 60 days, and get up to $600 based on your deposit amount.
||E-trade is strong in research and trading tools. Get up to $500 plus 60 days of free trades for deposits of $10K or more.
Fees are lower for high volume traders.
In addition to the brokers listed above here are additional websites that might be of interest to you.
|Personal Capital is a free online accounts aggregator, net worth and expense tracker, portfolio planner and analyzer all in one. It offers a comprehensive overview of your investment portfolio allowing you to make adjustments to lower your expenses and improve your asset allocation.|
|Betterment is a simpler way to invest. Instead of doing your own investing, all you have to do is just answer a few questions about who you are and Betterment will automatically invest the money for you. Sign up today and get a $25 new account bonus.|