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A great stock trading platform should offer a broad range of equity markets to trade with low all-around fees, and provide excellent service overall. That is why we selected these 5 brokers as the best stock brokers in 2023, as they have low stock trading and non-trading (e.g. currency conversion, withdrawal or inactivity) fees, provide access to many stock exchanges and have a great overall offering.
Our top 5 picks for the best stock trading platforms in the United States in 2023:
Before we go on, an important notice: Some brokers' portfolios contain CFDs. These are complex and very risky instruments, therefore not suitable for everyone. You can easily lose all your invested money when you trade CFDs. If you need a more detailed explanation of what a CFD is, start with these CFD trading tips.
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Best stock brokers in 2023
For more details, check out the tables in the dropdown menu below, where we collected the most important data, scores and relevant fees of the best stock brokers in 2023 to make it easier to find the best alternative for you.
Best stock brokers in 2023
What makes a good online stock broker?
Now that you know which are the top 5 brokers, you're probably wondering how we came up with this list. Let's go through a few points quickly.
Are these brokers safe?
Yes, the brokers on this list are all considered safe and rock solid. You can be sure none of them is a scam. They are each regulated by at least one top-tier regulator.
How did BrokerChooser pick the best online stock brokers?
We test online brokers based on close to 500 criteria, using real accounts and real money. We don't want to overwhelm you, so we will only list the five most important criteria here.
|1. Stock fees||Trading fees of a specific stock trade can be 50 times higher at one online broker compared with another. The best brokers presented here all have low fees. We also include other costs in our calculation such as custody fees if the broker charges them.|
|2. Stock selection||Best stock brokers should provide access to a broad selection of stock exchanges to trade on.|
|3. Non-trading fees||At some brokers, you can expect charges even if you don't trade. A notable example is the inactivity fee, which is levied if you don't use your account for a certain period of time.|
|4. Overall quality||Our methodology contains a comprehensive set of criteria designed to score the overall quality of a broker's services. This includes safety, platforms, the account opening process and much much more.|