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Best international online brokers in the United States in 2024

Written by
Adam N.
Fact checked by
Updated
3w ago
Dive into our toplist of regulated and trusted brokers that we tested with real money. Every broker is available in the United States.

Find below the strengths of the best brokers available in the United States, updated for 2024:

  1. Interactive Brokers is the best international online brokers in the United States in 2024. - Low trading fees and high interest on cash balances. Wide range of products. Many great research tools.
  2. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  3. Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
  4. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
  5. Merrill Edge - Low trading fees. Easy and seamless account opening. Strong parent company.
  6. Webull - Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
  7. moomoo - Commission-free stock and ETF trading. Fast and easy account opening. Quality analytical tools and excellent education services. Pays high interest on uninvested cash.
  8. Ally Invest - Low trading and non-trading fees. Easy and fully digital account opening. Great education.
  9. Oanda - Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
  10. NinjaTrader - Low trading fees. Great platform and research. Quality educational materials.
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International online brokers key info

While many international online trading brokers catering to US clients offer an excellent service, the ones in our top list go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.

Broker
Overall score
Minimum deposit
Interactive Brokers
4.9
/5
$0
eToro
4.8
/5
$10
Fidelity
4.7
/5
$0
Charles Schwab
4.6
/5
$0
Merrill Edge
4.6
/5
$0
Webull
4.5
/5
$0
moomoo
4.6
/5
$0
Ally Invest
4.5
/5
$0
Oanda
4.5
/5
$0
NinjaTrader
4.5
/5
$0
Best online brokers in 2024

Popularity of the best online brokers in the United States

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Fee comparison at the best online brokers in the US

In most cases, the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.

Broker
US stock
US stock index options
Interactive Brokers
$1.0
$6.5
eToro
$0.0
-
Fidelity
$0.0
$6.5
Charles Schwab
$0.0
$6.5
Merrill Edge
$0.0
$6.5
Webull
$0.0
$5.5
moomoo
$0.0
$5.0
Ally Invest
$0.0
$5.0
Oanda
$0.0
-
NinjaTrader
-
-
Fees at the best international online brokers in March 2024

Other fees at international online brokers

Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.

Broker
Account fee
Inactivity fee
Interactive Brokers
eToro
Fidelity
Charles Schwab
Merrill Edge
Webull
moomoo
Ally Invest
Oanda
NinjaTrader
Non-trading fees at the best international online brokers in March 2024

Financial market regulation and safety in the US

The US financial markets are heavily regulated and among the safest in the world. The Securities Exchange Act of 1934 is the principal law that regulates brokers in the United States. The Exchange Act governs all transactions carried out in securities markets and regulates persons who engage in such transactions.

The US financial markets are regulated by a number of government agencies and organizations, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), and the Federal Reserve (Fed). The SEC is a national government regulatory agency charged with supervising the securities markets and financial services industry.

The mission of the SEC is to protect investors and maintain fair, orderly, and efficient markets. FINRA, which works under the supervision of the SEC, regulates broker-dealers, capital acquisition brokers, and funding portals. FINRA writes and enforces rules, examines firms for compliance with those rules, fosters market transparency and educates investors.

The US is home to the largest stock exchange in the world, the New York Stock Exchange (NYSE). The Nasdaq Exchange (NASDAQ) is the second-largest bourse in the US and it focuses on tech-based companies. Other major US stock exchanges include the Chicago Board of Trade (CBT), the Over-the-Counter Bulletin Board (OTCBB), and Pink Sheets.

Taxation of trading in the US

Any gains made from investments are subject to taxes in the US. The Internal Revenue Service (IRS), the nation's tax authority, makes a distinction between short-term investments (held for less than one year) and long-term investments (held for more than one year).

Income from short-term investments is taxed at the ordinary income tax rate, while profit from long-term investments is taxed at the long-term capital gains tax rate. The rates of the long-term capital gains tax are 0%, 15% or 20%, depending on the amount of your annual taxable income (the more money you make, the higher the tax rate). Dividends that qualify under IRS rules as taxable income are also subject to taxation.

Our assessment of best international online brokers

At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.

Broker
Overall score
Fees score
Interactive Brokers
4.9
/5
4.3
/5
eToro
4.8
/5
4.0
/5
Fidelity
4.7
/5
3.5
/5
Charles Schwab
4.6
/5
3.9
/5
Merrill Edge
4.6
/5
4.2
/5
Webull
4.5
/5
4.6
/5
moomoo
4.6
/5
4.8
/5
Ally Invest
4.5
/5
4.3
/5
Oanda
4.5
/5
4.1
/5
NinjaTrader
4.5
/5
4.3
/5
Score summary of best international online brokers for residents in the United States

If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.

And now, let's see the top international online brokers for 2024 for residents in the United States in detail one by one, starting with the winner, Interactive Brokers.

Recommended for traders looking for broad market access and a professional trading environment

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Interactive Brokers snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2024

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading

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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal

eToro snapshot
Minimum deposit $10
Fees class Low
Deposit method Bank transfer, Credit/debit cards, eToro Money, Neteller, Skrill, Trustly, iDEAL, Przelewy 24, RapidTransfer, Klarna, Giropay
Withdrawal method Bank transfer, Credit/debit cards, eToro Money, Neteller, Skrill, Trustly, iDEAL, Przelewy 24, RapidTransfer, Klarna, Giropay
Withdrawal fee $5
Time to open account 1 day
Inactivity fee Yes
Read review For a detailed analysis of eToro services, check out our review for 2024

Recommended for investors and traders looking for solid research and great trading platforms

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Fidelity snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, PayPal, Venmo, Apple Pay
Withdrawal method Bank transfer, PayPal, Venmo, Apple Pay
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of Fidelity services, check out our review for 2024

Recommended for investors and traders looking for solid research, low fees and great customer service

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Charles Schwab snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Charles Schwab services, check out our review for 2024

Recommended for investors and traders looking for low fees, quick account opening and simple platforms

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Merrill Edge snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Merrill Edge services, check out our review for 2024

Recommended for investors and traders looking for zero-commission trading and easy platforms

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Webull snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Webull services, check out our review for 2024

Recommended for investors and traders looking for zero-commission trading and focusing on US markets

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moomoo snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of moomoo services, check out our review for 2024

Recommended for investors and traders looking for low fees and focusing on the US market

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Ally Invest snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee No
Read review For a detailed analysis of Ally Invest services, check out our review for 2024

Recommended for forex traders who value a user-friendly platform and great research tools

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78.3% of retail CFD accounts lose money

Oanda snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of Oanda services, check out our review for 2024

Recommended for active traders focusing on futures

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NinjaTrader snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account >3 days
Inactivity fee Yes
Read review For a detailed analysis of NinjaTrader services, check out our review for 2024

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How did we select the best international online brokers in the United States in 2024?

  • We checked whether the broker is regulated by a trusted regulator,
  • Compared fees (including spreads, withdrawal fees, commissions),
  • We checked and compared every aspect of their services,
  • Opened an account and tested the platform (charting, features, usability) with real money.
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Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

FAQ

Which are the best brokers in the US?

The top brokers in the US in 2024 are:

  1. Interactive Brokers - Low trading fees and high interest on cash balances. Wide range of products. Many great research tools.
  2. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  3. Fidelity - Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
  4. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
  5. Merrill Edge - Low trading fees. Easy and seamless account opening. Strong parent company.
  6. Webull - Free stock/ETF trading and high 5% interest on uninvested cash. Fast and easy account opening. Great trading platforms.
  7. moomoo - Commission-free stock and ETF trading. Fast and easy account opening. Quality analytical tools and excellent education services. Pays high interest on uninvested cash.
  8. Ally Invest - Low trading and non-trading fees. Easy and fully digital account opening. Great education.
  9. Oanda - Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
  10. NinjaTrader - Low trading fees. Great platform and research. Quality educational materials.

Who is the largest broker in the US?

Vanguard is the largest brokerage firm in the United States, with $8.1 trillion in assets under management.

Can foreigners open a US brokerage account?

Yes, foreign individuals can open a US brokerage account. There are no specific legal provisions that forbid individuals who are not citizens of the US from participating in the US stock market or from having a brokerage account. Not all US brokers accept clients from outside the US.

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Author of this article

Adam Nasli

Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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