There are many top online brokers to choose from. This webpage will highlight some of the more popular online stock brokers investors use to trade stocks online.
Zecco - Zecco, home of the 10 free monthly stock trades, is one of the fastest growing up and coming online stock brokers. Zecco, based in California, was started in 2006 and has over 100,000 active trading accounts. They also have a large trading community called ZeccoShare which consists of an investing forum, financial blogs, and trade sharing. Zecco has grown rapidly due to their heavy online marketing strategies and extensive partnerships with other major businesses in the stocks & financial industry. Zecco recently launched their premier trading platform for active traders that provides in-depth analysis and market data. They have also begun offering the option to trade foreign currencies through their new FOREX service.
TradeKing - Tradeking is a quickly growing online retail stock broker that is well known for outstanding customer service and support in addition to their flat $4.95 trade commission. Tradeking has an enormous trader community called Trader Network with over 100,000 members. Stock and options traders can share their strategies, trades, and insight with one another. Tradeking also has an extensive array of trading tools for its users that range from basic to advanced. They have won numerous awards including prestigious accolades from SmartMoney, Barron’s, and Kiplinger’s. For a company that started in 2005 they are well on their way to becoming one of the top online brokers in the U.S.
Etrade - Etrade is one of the top 3 online brokers in the world. With stock and options trades starting at a $9.99 trade commission rate they are a competitive player in the online broker industry. They have over $100 billion in customer assets coming from over 4.5 million accounts in 40 different countries across the globe. Etrade has a plathora of industry leading trading tools as well offering a variety of trading types including stocks, bonds, mutual funds, futures, and options. Etrade also has competitive high yield savings account options in addition to a retirement planning and tools center. They have recently launched their Etrade Mobile Pro platform allowing their clients to manage and trade via their mobile phone anywhere at anytime. Etrade has a new marketing campaign offering 100 commission free stock and options trades to those that join their online brokerage.
Scottrade - Scottrade is one of the biggest online brokers with over 403 branch offices across the U.S. Scottrade is well known for their $7 trade commission, made popular through heavy media advertising including the infamous commercials with Rodger O. Riney flying in the Scottrade helicopter. Rodger founded Scottrade in Arizona in 1980. It has since grown into one of the largest online retail stock brokers with over 2,000 employees and was named in 2008 to the Fortune 100 Best Companies to work for in America. The flat rate $7 trade commission was introduced in 2005 to commerorate their 25th Anniversary and is applicable for all online market and limit orders. The ScottradeELITE award winning online trading platform was created for their highly active stock traders.
TD Ameritrade - TDAmeritrade was originally Ameritrade, a stock brokerage started in Nebraska in 1975, which later bought out TD Waterhouse to become TDAmeritrade. They are one the largest premier online retail stock brokers providing their traders with powerful trading tools such as QuoteScope, SnapTicket, Trade Triggers, Market Motion Detector, and StrategyDesk. They also have a highly technical trading platform called Ameritrade Apex for their advanced active traders. TDAmeritrade is known for solid customer service and extensive account options including CD’s, Money Market accounts, High Yield Savings, and others. Their trades are a flat $9.99 commission rate which is competitive in the online broker industry. The minimal premium they charge on trades compared to other smaller brokers is well worth it when you consider the caliber of service and tools you are provided as a TDAmeritrade client.
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See also our list of top 5 online stock brokers.
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