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Best international online brokers in the United States in 2022
Interactive Brokers logo
Charles Schwab logo
TD Ameritrade logo
eToro logo
Merrill Edge logo

To help you to find the best international online brokers in the United States in 2022, we went ahead and did the research for you. We selected 101 quality online brokers, checked and compared basically every aspect of their services, with a special focus on fees, safety, trading platforms, as well as deposit and withdrawal options. Service providers had to prove their excellence in multiple areas to be considered among the best online brokers. And now, without further ado...

Top 5 picks for best international online brokers in the United States in 2022:

  1. Interactive Brokers is the best international online brokers in the United States in 2022. Low trading fees. Wide range of products. Many great research tools.
  2. Charles Schwab takes second place. Free stock and ETF trading. Outstanding research. Great customer service.
  3. TD Ameritrade rounds out the top three. Low trading fees (free stock and ETF trading). Superb desktop trading platform. Great customer support.
  4. eToro is numero quattro. Free stock and ETF trading. Seamless account opening. Social trading.
  5. Merrill Edge just made it to the list in fifth place. Low trading fees. Easy and seamless account opening. Strong parent company.
Best international online broker in the United States in 2022
Broker Info Score Minmum deposit
#1 Interactive Brokers International broker providing all asset classes 4.9 $0
#2 Charles Schwab US discount broker 4.7 $0
#3 TD Ameritrade US-based stockbroker 4.7 $0
#4 eToro Global social trading broker 4.7 $200
#5 Merrill Edge US discount broker 4.7 $0

What makes a good online broker? Surely, they need to provide great services in all areas, especially in terms of fair fees and safety. Depositing and withdrawing money should be either free or cheap and the process user-friendly. Great trading platforms, an easy account opening procedure and a wide range of products also weighed heavily in the scoring.

These features are easy to list, but hard to figure out. We are testing brokers based on nearly 500 criteria with real accounts and real money. You can find all the ranking criteria in our methodology.

For a tailored recommendation, check out our broker finder tool. Answer 4 simple questions and get a list of the most relevant brokers.

And now, let's see the best international online broker in the United States in 2022 one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best international online brokers for citizens in the United States
Interactive Brokers

4.9

Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1977. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

Given that the broker has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. The fact that it has a long track record and publicly disclosed financials while being listed on a stock exchange all point to IB being a safe service provider.

Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader.

In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers.

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

Pros Cons
Low trading fees Complicated account opening process
Wide range of products Complex desktop trading platform
Many great research tools Understaffed customer service

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#1 Interactive Brokers
Fees
4.5

Interactive Brokers has low trading fees and the best margin rates in the industry. For US clients, stock and ETF trading is free if they choose the Lite plan.
Pros Cons
Low trading fees None
Free stock and ETF trading for US clients
Low margin rates
Interactive Brokers fees
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock $4.2 - - $0.0 -
EURUSD benchmark fee $10.4 - $7.0 $7.8 -
US stock index options $6.5 $6.5 $6.5 - $6.5
Mutual fund $15.0 $24.8 $50.0 - $20.0
S&P 500 index CFD fee $2.8 - - $1.5 -

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

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#1 Interactive Brokers
Mobile trading platform
3.5

The Interactive Brokers mobile trading platform boasts a lot of functions and a useful chatbot, but its user interface could be better.
Pros Cons
Two-step (safer) login Minor technical glitches
Good variety of order types
Price alerts
Best international online brokers for in the United States in 2022 - Interactive Brokers trading platform

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#1 Interactive Brokers
Deposit and withdrawal
3.0

Interactive Brokers offers several account base currencies and one free withdrawal per month. The main drawback is that you can only use bank transfer.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies
First withdrawal free each month
Interactive Brokers withdrawal fee and options
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No Yes No
Electronic wallets No No No Yes No
Withdrawal fee $0 $0 $0 $5 $0

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Charles Schwab Logo

#2 Best international online brokers for citizens in the United States
Charles Schwab

4.7

Charles Schwab is a US discount broker that was founded in 1971 and is listed on the New York Stock Exchange.

It is regulated by several top-tier financial authorities, such as the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

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

Pros Cons
Free stock and ETF trading High fees for some mutual funds
Outstanding research Only US/Canada markets available
Great customer service

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#2 Charles Schwab
Fees
4.4

Charles Schwab offers free trading for stocks and ETFs, as well as some mutual funds and bonds, while non-trading fees are low. On the negative side, some fund fees are high.
Pros Cons
Free stock/ETF trading High fees for non-free mutual funds
Free trading for some funds/bonds
Low non-trading fees
Charles Schwab fees
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock $4.2 - - $0.0 -
EURUSD benchmark fee $10.4 - $7.0 $7.8 -
US stock index options $6.5 $6.5 $6.5 - $6.5
Mutual fund $15.0 $24.8 $50.0 - $20.0
S&P 500 index CFD fee $2.8 - - $1.5 -

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

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#2 Charles Schwab
Mobile trading platform
4.2

Charles Schwab offers a great mobile trading platform with order confirmation and biometric login. In functionality and design, it is very similar to the web trading platform.
Pros Cons
User-friendly No price alerts
Touch/Face ID login
Order confirmation

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#2 Charles Schwab
Deposit and withdrawal
2.2

Funding your account is easy and user-friendly at Charles Schwab and there is no deposit fee. However, you can only use bank transfer and there is a high fee for wire withdrawals.
Pros Cons
No deposit fee High fee for wire (bank transfer) withdrawals
User-friendly
Charles Schwab withdrawal fee and options
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No Yes No
Electronic wallets No No No Yes No
Withdrawal fee $0 $0 $0 $5 $0

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TD Ameritrade Logo

#3 Best international online brokers for citizens in the United States
TD Ameritrade

4.7

If you are an experienced trader looking for solid research and a well-equipped desktop trading platform, we definitely recommend TD Ameritrade.

Founded in 1975, TD is one of the biggest US-based stockbrokers and is regulated by top-tier authorities like the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).

This online broker is considered safe as it has a long track record, is listed on a stock exchange, has a banking background, discloses its financials and is overseen by top-tier regulators.

Recommended for investors and traders looking for solid research and a well-equipped desktop trading platform

Pros Cons
Low trading fees (free stock and ETF trading) You can trade only on US markets
Superb desktop trading platform Accounts mostly limited to US residents
Great customer support No credit/debit cards and electronic wallets for money transfer

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#3 TD Ameritrade
Fees
4.2

TD Ameritrade offers free stock and ETF trading, while forex, bond and options fees are also low. On the other hand, it charges high fees for futures.
Pros Cons
Low trading fees High fund fees
Low non-trading fees
Free stocks and ETFs
TD Ameritrade fees
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock $4.2 - - $0.0 -
EURUSD benchmark fee $10.4 - $7.0 $7.8 -
US stock index options $6.5 $6.5 $6.5 - $6.5
Mutual fund $15.0 $24.8 $50.0 - $20.0
S&P 500 index CFD fee $2.8 - - $1.5 -

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

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#3 TD Ameritrade
Mobile trading platform
4.8

The TD Ameritrade mobile app is great. It is user-friendly and well-designed.
Pros Cons
User-friendly None
Two-step (safer) login
Good variety of order types
Best international online brokers for in the United States in 2022 - TD Ameritrade trading platform

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#3 TD Ameritrade
Deposit and withdrawal
1.9

The account funding is user-friendly with no deposit fees; however, USD is the only available base currency and wire transfers incur a high fee.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Only one account base currency
User-friendly High withdrawal fee for wire transfers
TD Ameritrade withdrawal fee and options
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No Yes No
Electronic wallets No No No Yes No
Withdrawal fee $0 $0 $0 $5 $0

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eToro Logo

#4 Best international online brokers for citizens in the United States
eToro

4.7

eToro is a well-known Israeli fintech company and a social trading broker, established in 2007.

Check out our eToro review tailored to the needs of beginner investors and traders.

eToro serves UK clients through a unit regulated by the Financial Conduct Authority (FCA) and Australians through an Australian Securities and Investment Commission (ASIC)-regulated entity. All other customers are served by a Cypriot unit that is regulated by the Cyprus Securities and Exchange Commission (CySEC).

eToro is not listed on any stock exchange, does not disclose its annual report on its website and does not have a bank parent.

Being regulated by the top-tier FCA and ASIC is a good sign for eToro's safety.

HEADS UP: Minimum deposit based on residency and account activation - Be sure to check the minimum deposit required to activate your account. After uploading your documents, a deposit is also needed to be available to trade and it would be based on your residency, ranging from $10-$10,000. More details are available in the eToro review’s Account opening section.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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

Pros Cons
Free stock and ETF trading High non-trading fees
Seamless account opening Only one account base currency
Social trading Customer support should be improved

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#4 eToro
Fees
4.3

eToro offers free stock and ETF trading, while forex and CFD fees are low. On the negative side, non-trading fees are high, including a $5 withdrawal fee.
Pros Cons
Low trading fees Inactivity fee
Free stock and ETF trading $5 withdrawal fee
Low forex and CFD fees
eToro fees
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock $4.2 - - $0.0 -
EURUSD benchmark fee $10.4 - $7.0 $7.8 -
US stock index options $6.5 $6.5 $6.5 - $6.5
Mutual fund $15.0 $24.8 $50.0 - $20.0
S&P 500 index CFD fee $2.8 - - $1.5 -

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

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#4 eToro
Mobile trading platform
4.7

eToro's mobile platform is well-designed and intuitive but lacks biometric authentication.
Pros Cons
User-friendly No Touch/Face ID login
Two-step (safer) login
Good search function
Best international online brokers for in the United States in 2022 - eToro trading platform

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#4 eToro
Deposit and withdrawal
3.9

Depositing money is easy, with a lot of available options, although there is a $5 withdrawal fee. As only USD accounts are available, you may pay a high conversion fee if you deposit or withdraw in another currency, like EUR or GBP.
Pros Cons
Credit/Debit card available Only one account base currency
User-friendly $5 withdrawal fee
Conversion fee for non-USD deposits
eToro withdrawal fee and options
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No Yes No
Electronic wallets No No No Yes No
Withdrawal fee $0 $0 $0 $5 $0

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Merrill Edge Logo

#5 Best international online brokers for citizens in the United States
Merrill Edge

4.7

Merrill Edge is a US-based stockbroker founded in 2010 by Bank of America (BofA). BofA acquired Merrill Lynch during the 2008 financial crisis, and the rationale for launching Merrill Edge was to combine its online investing arm and Merrill Lynch's investment expertise. Merrill Edge offers US stocks, ETFs, options, and bonds. It is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Merrill Edge is considered safe because its parent company is a bank with a long track record and solid reputation, it discloses its financials, and is regulated by top-tier regulators. 

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

Pros Cons
Low trading fees Limited to US clients and products
Easy and seamless account opening No demo account
Strong parent company Few options for deposit/withdrawal

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#5 Merrill Edge
Fees
4.3

Merrill Edge has low trading and non-trading fees, including commission-free stock and ETF trades. On the other hand, financing rates are quite high.
Pros Cons
Low trading fees High financing rate
Low non-trading fees
Low stock and ETF fees / Free stock trading
Merrill Edge fees
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
US stock $1.0 $0.0 $0.0 $0.0 $0.0
UK stock $4.2 - - $0.0 -
EURUSD benchmark fee $10.4 - $7.0 $7.8 -
US stock index options $6.5 $6.5 $6.5 - $6.5
Mutual fund $15.0 $24.8 $50.0 - $20.0
S&P 500 index CFD fee $2.8 - - $1.5 -

All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

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#5 Merrill Edge
Mobile trading platform
4.8

The Merrill Edge mobile app, available for iPhone and Android devices, is easy to use and provides a safe and easy login. On the other hand, the search functions could be improved.
Pros Cons
User-friendly Poor search function
Two-step (safer) login
Touch/Face ID login
Best international online brokers for in the United States in 2022 - Merrill Edge trading platform

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#5 Merrill Edge
Deposit and withdrawal
2.2

Merrill Edge has an easy-to-use deposit and withdrawal system with a bank account connection. Unfortunately, credit/debit cards cannot be used to fund the account, and there is only USD as a base currency.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee Only one account base currency
User-friendly Slow withdrawal - over 3 days
Merrill Edge withdrawal fee and options
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No Yes No
Electronic wallets No No No Yes No
Withdrawal fee $0 $0 $0 $5 $0

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Best international online brokers for in the United States in 2022
What makes a good online broker

Now that you know the top 5, you probably want to know how we came up with this list. Let's go through a few points quickly.

Are these brokers reliable?

Absolutely. You can be sure none of them is a scam. They are all regulated by at least one top-tier regulator.

How did BrokerChooser pick the best online brokers?

At BrokerChooser, we test online brokers based on more than 500 criteria, with real accounts and real money. We don't want to overwhelm you, so we will list only the top 5 criteria.

The 5 most important criteria for best international online brokers in 2022
1. Fees Trading fees for a given stock trade can be 50 times higher at one online broker compared to another. The brokers listed here all have low fees.
2. Deposit and withdrawal At some online brokers, funding and withdrawing funds can take much longer and be much more expensive than at others.
3. Trading platform A user-friendly and well-equipped trading platform can significantly increase your trading comfort.
4. Account opening Some online brokers require a minimum deposit to start investing while others don't ask for a fix first-time deposit. Check these requirements before opening an account.
5. Markets and products Want to invest in Japanese stocks or trade Bitcoin? They are not be available at each broker. We selected brokers with a wide range of products so you can trade many asset types.

Best international online brokers for in the United States in 2022
Bottom line

These were the details, now let's zoom out. Here are the best international online brokers in 2022 for residents in the United States:

Best international online brokers for residents in the United States
Interactive Brokers Charles Schwab TD Ameritrade eToro Merrill Edge
Overall score 4.9 4.7 4.7 4.7 4.7
Fees score 4.5 stars 4.4 stars 4.2 stars 4.3 stars 4.3 stars
Mobile platform score 3.5 stars 4.2 stars 4.8 stars 4.7 stars 4.8 stars
Deposit and withdrawal score 3.0 stars 2.2 stars 1.9 stars 3.9 stars 2.2 stars
Account opening score 3.2 stars 4.3 stars 3.7 stars 5.0 stars 5.0 stars
Markets and products score 5.0 stars 3.0 stars 3.8 stars 4.3 stars 2.4 stars
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Interactive Brokers is our winner, the best international online broker in the United States in 2022. Low trading fees. Wide range of products. Many great research tools.

Still unsure? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country, it will show only the brokers that are relevant to you. Want more details? Compare brokers with the help of this detailed comparison table.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

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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