Comparison of Online Brokers
 Share
The version of the browser you are using is no longer supported. Please upgrade to a supported browser.Dismiss

 
View only
 
 
Still loading...
ABCDEFGHIJKLMNOPQRSTUVWXYZAAABACADAEAFAGAH
1
Broker    Web Phone Browser or SoftwareSmart Order Routing?*Tax Lot SelectionAverage # "of Easy to Borrow" Stocks (1)Mutual Fund # (Total, No Load, No Transaction Fee)Bonds (2)Options: Complex, max # of legsWeekly OptionsOTCBBSingle Stock FuturesFutures/ OptionsFutures / CommoditiesForeign ADRsForexInternational Exchanges$Commission: Stock Order (3)$Commission on 10 options contracts$Commission for Covered Call (4)Mutual Fund $Commission (outside NTF list)Futures $Commission per ContractBroker-Assisted TradesPlatform or Maintenance Fee$Account Transfer Fee (outgoing)$Monthly Trading Costs (6 stock trades, 2 options)$Monthly Trading Costs (200 trades plus $30K margin)Margin Rate %, $10,000 balanceMargin Rate %, $25,000 balanceMargin Rate %, $50,000 balanceMargin Rate %, $100,000 balancePortfolio Margining available?Clearing Firm
2
Capital One ShareBuildersharebuilder.com800-747-2537BrowserYes / SeqYesNo short sales1059 (1059 NL, 465 NTF)N/A1NoYesNoNoNoYesNoNo$6.95$14.45$10.7$19.95N/AAdd $10None$75$70.6$2,2497.2-7.7% (7)7.2-7.7%7.2%6.2%NoPershing
3
Charles Schwabschwab.com866-855-9102BothYesYesEst. 7,00016,199 (11,089 NL, 6,682 NTF)C,T,M,CD2 online, others via live brokerYesYesNoNoNoYes8 currenciesYes (Europe, Asia, Canada)8.9516.621.7276 buy, 0 sellN/AAdd $25$10/mo for Level II market data if fewer than 10 trades/mo5086.627408.5%8%7%6.88%NoSelf-clearing
4
ChoiceTradechoicetrade.com877-731-9114BothYes / SeqNo (a)400010,000 (2,000 NL)C,T4 legsYesYesNoNoNoYes39 pairsCanada, Europe, South America, Asia, Aus/NZ56.510.7525N/A$5$9.95-7575431336.257.45%7.45%7.45%7.45%NoApex
5
Cobra Tradingcobratrading.com 877-792-6272BothYes / BothNo (b)77258817 (1236 NL, 436 NTF)No4 legsYesYesNoNoNoYes18 pairsNo2.514.57.25251.25No additional fee$125/month for less than 75,000 shares. Inactivity fee of $25/quarter.504418004%4%4%4%NoWedbush, Vision Financial and IB
6
eOptioneoption.com888-793-5333BothNoNo39508,876 (1,289 NL, 451 NTF)Via live broker4 legsYesYesNoNoNoYesNoLive Broker346.514.95N/AAdd $6$50/month for eOption Direct60268255%5%4.5%4%NoApex
7
E*Tradeetrade.com800-387-2331BothYes / Seq and SprayYes55007,733 (4,457 NL, 6,244 NTF)C,T,M,CD8 legsYesYesNoVia live brokerYesYes56 pairsCanada, Europe, Mexico, South Africa, Asia6.99 - 9.9917.4923.7319.992.99Add $25None6094.922746.58.44%7.94%7.44%6.14%YesSelf-clearing
8
Fidelityfidelity.com800-343-3548BrowserYes / Seq and SprayYes281111,390 (4,677 NL, 1,655 NTF)C,T,M,CD4 legsYesYesNoNoNoYes16 currenciesCanada, Mexico, South America, Europe, Asia, South Africa7.9515.4511.775 buy, 0 sellN/A32.95NoneNone78.62529.388.08%7.58%7.0756.575NoSelf-clearing
9
Firstradefirstrade.com800-869-8800BrowserYes No700012,097 (4,784 NL, 624 NTF)C,T,M,CD2 online, others via live brokerYesYesNoNoNoNoNoNo6.9514.4517.659.95N/AAdd $20None5070.62333.757.75%7.75%7.5%7%NoApex
10
Interactive Brokersinteractivebrokers.com877- 442-2757 SoftwareYes / SprayYes15,000 (worldwide)2,700 NLC,T,M8 legsYesYesYesYesYesYes84 pairsCanada, Mexico, Europe, Asia, Australia2.57614.95.025-0.85$30 for closing orders, $0.01 per share for large blocks.Min $10 commission charge per monthNone299911.64%1.64%1.64%1.64%YesSelf-clearing
11
Just2Tradejust2trade.com877-206-2274BrowserYes / SprayYes350010,700 (3,300 NL, 2,900 NTF)C,T,M,CD2 legsYesYesNoNoNoYesNoNo2.57.57.52.5N/ANo additional feeNone50341331.255.255.254.75%4.5%NoCOR Clearing
12
Kapitallkapitall.com888-952-7482BrowserNoNo0N/AN/AN/ANoYesNoNoNoYesNoNo7.95 (5)N/AN/AN/AN/A$30None5063.61590NANANANANoPershing
13
Lightspeed Tradinglightspeed.com888-577-3123 BothYes / Seq and SprayNo4200N/AT via live broker4+ legsYesYesNoNoYesYes38 pairsNo365.25N/A0.60 plus exchange feesAdd $20NoneNone3010506%6%5%5%YesApex
14
Merrill Edgemerrilledge.com888-637-3343BrowserYes / SprayNo (b)550012,008 (5,155 NL, 4,709 NTF)C,T,M,CD2 legsYesYesNoNoNoYesNoNo6.9514.4517.6519.95N/A$29.95None49.9528.921198.6257.57.56.125NoSelf-clearing
15
OptionsHouseoptionshouse.com877-653-2500BrowserYes / Seq and SprayYes385511,905 (4,282 NL)C,T,CD4+ legsYesYesNoNoNoNoNoNo3.95108.959.95N/ANo additional feeNone5043.71376.54%4%3%3%NoApex
16
optionsXpressoptionsxpress.com.888-280-8020.BothYes / SprayYes300010,400 (6,000 NL)C,T,M,CD4+ legsYesYesYesYesYesYesNoFutures -- Canada, Europe, Hong Kong, Singapore, Australia8.9512.9521.99.953.5No additional feeNone5079.62396.258.25%8.25%7.25%7%YesSelf-clearing
17
Place Tradeplacetrade.com  800-507--5223BothYes / SprayYes15,000 (worldwide)6,752 (1,900 NL)C,T,M4 legsYesYesYesYesNoYes14 currenciesCanada, Mexico, Europe, Asia, Australia57.58.7519.95N/A$15 and up per trade. Occasional live help for no additional fee.Min $10 commission charge per monthNone451303.52.14%2.14%2.14%1.64%YesInteractive Brokers
18
Scottradescottrade.com800- 619-7283BothYesNo (a, b)015,012 (7,598 NL, 3,114 NTF)C,T,M4 legs (on OptionsFirst)YesYesNoNoNoYesNoNo719.520.2517N/ANo additional feeNone75812831.257.5%7.256.756.5NoSelf-clearing
19
SogoTradesogotrade.com888 -709-7646 BrowserYes / Seq and SprayNo326211000 (4,000 NL, 1,400 NTF)Via live broker4 legsYesYesNoNoNoYesNoNo31010.515N/A$25None75381462.56.5%6.5%5.5%5.5%YesApex
20
SpeedTraderspeedtrader.com800 874-3039BothYes / SeqNo50006,000 (3,000 NL)Via live broker4 legsYesYesNoNoYesYesNoCanada online, others via live broker6.95106.8501Online customers pay no additional fee. Phone only is $30/trade.Pro platform $49/month. $15 fee for mobile platform. Waived if commissions exceed fee.5061.718205%5%5%5%YesApex
21
TD Ameritradetdameritrade.com800-454-9272BothYes / SeqYes330012,841 (5,441 NL, 2,458 NTF)C,T,M,CD8 legsYesYesYes (via live broker)YesYesYes137 pairsVia live broker9.9917.49 (6)13.7449.993.5No additional fee for Apex customers; otherwise $44.99.None75 for non-Apex customers, free for Apex94.922960.58.75%8.5%7.5%7.25%YesSelf-clearing (Knight Capital for forex)
22
TradeKingtradeking.com  877-495-5464BrowserYes / Seq and SprayYes378011,968 (4,287 NL)C,T,M,CD4 legsYesYesNoNoNoYesAll available pairsNo4.9511.4513.159.95N/ANo additional feeInactivity fee of $50/year if less than $2500 in account5052.61833.757.75%7.75%6.75%5.5%NoApex
23
tradeMonstertrademonster.com 877-598-3190BrowserYes / Seq and SprayYes381513,000 (4,500 NL, 500 NTF)C,T,M (CD via live broker)4 legsYesYesYesYesYesYesNoNo7.512.51515 buy, 0 sell1.5Add $15None505514006.5%6%5.5%5%YesApex
24
TradeStationtradestation.com 800 431 0284BothYes / Seq and SprayNo (b)54464,413 (898 NL)Via live broker4 legsYesVia live brokerYesYesYesYes39 pairsCanada, Europe, Asia, Middle East51014.9914.950.25-1.20Add $20$99/95/month50501706.258.5%8.25%7.75%7.75%NoSelf-clearing (JPMorgan, RJO, Citibank for forex)
25
TradingBlockwww.tradingblock.com800-494-0451BothYes / Seq and SprayNo385511,932 (4,282 NL)Via live broker4 legsYesYesYesYesYes
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Loading...
 
 
 
Sheet1