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To help you to find the best stock broker in the US, we went ahead and did the research for you. First, we selected 84 quality stock brokers, scrutinized their trading and non-trading fees, with special focus on stock fees, inactivity fees and withdrawal fees. Then we took measure of their stock selection, trading platforms and more. We went deep, so you won't have to.

5 brokers made it to the top in the US and we highly recommend all 5 to you. And now, without further ado...

Our top 5 picks for the best stock brokers of 2021 for the US citizens:

  1. Interactive Brokers is the winner. Low trading fees. Wide range of products. Many great research tools.
  2. Fidelity came second. Commission-free US stocks and ETFs. Great trading platforms and research. US and international stocks.
  3. Zacks Trade rounds out the top three. Low fees. Extensive stock and ETF selection. Great customer service.
  4. TD Ameritrade, numero quattro. Low trading fees (free stock and ETF trading). Superb desktop trading platform. Great customer support.
  5. E*TRADE, just made it to the list in fifth place. Low trading fees (free stock and ETF trading). User-friendly mobile trading platform. Great research tools.
Best stock brokers of 2021 in the US
Broker Info Score Best in
#1 Interactive Brokers US discount broker 4.9 Best online broker
#2 Fidelity US stockbroker 4.9 Best broker for ESG
#3 Zacks Trade US discount broker 4.6 Best broker for investing
#4 TD Ameritrade US-based stockbroker 4.9
#5 E*TRADE US stockbroker 4.9 Best broker for bonds

What makes a good stock broker? First, they need to have fair fees. It is especially important that their commissions, inactivity fees and withdrawal fees are low or close to zero. They should also offer a great selection of exchanges and stocks. Finally, it weighs heavily if the overall profile of the broker - platforms, safety, account opening process - makes the mark .

The key factors are easy to list, but hard to figure out. We test brokers along ~300 criteria with real accounts and real money. We know what's up.

Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country and your preferences, it will display relevant matches only. Want more details? Compare brokers with our in-depth comparison table.

And now, let's see the best stock brokers in the US one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best stock broker
Interactive Brokers

4.9

Interactive Brokers was founded in 1978 and is one of the biggest US-based discount brokers. 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).

As it has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. Having a long track record and publicly disclosed financials while being listed on a stock exchange are also great signs for its safety.

Recommended for traders looking for low fees 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 High forex fees

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#1 Interactive Brokers
Stock trading fees

Interactive Brokers stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of publishing long fee tables, we compare brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy shares for $2,000 and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if they apply), and commissions for all brokers.

Here is the verdict:

Interactive Brokers stock trading app fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $1.0 $0.0 $1.0 $0.0 $0.0
UK stock $7.8 $11.7 $15.6 - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

Interactive Brokers stock trading commissions
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. Free stock and ETF trading $0.01 per share commission for stocks above $1 share price, or 1% of trade value for stocks below $1 share price. The minimum fee is $1 minimum. Free stock and ETF trading Free stock and ETF trading

Non-trading fees

Interactive Brokers has average non-trading fees.

Interactive Brokers non-trading fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Account fee No No No No No
Inactivity fee Yes No No No No
Withdrawal fee $0 $0 $0 $0 $0

Feel free to check out more about brokerage fees if you want to expand yor knowledge.

#1 Interactive Brokers
Account opening
3.4

IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated, and account verification takes relatively long.
Pros Cons
Fully digital Not user-friendly
No minimum deposit for most account types Confusing messages throughout the process
Interactive Brokers minimum deposit and time to open an account
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days >3 days 1-3 days 1-3 days

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#1 Interactive Brokers
Deposit and withdrawal
3.5

Interactive Brokers offers many account base currency options 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 each month free
Interactive Brokers withdrawal fee and options
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $0 $0

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#1 Interactive Brokers
Markets and products
5.0

Through Interactive Brokers, you can access an extremely wide range of markets, and all product types are available.
Interactive Brokers markets and products
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes No No Yes No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes No No Yes Yes
CFD Yes No No No No
Crypto Yes No No Yes Yes

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#1 Interactive Brokers
Web trading platform
4.5

Interactive Brokers's web platform is simple and easy to use, even for beginners.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Best stock brokers - Interactive Brokers trading platform
Interactive Brokers trading platforms
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Web platform score 4.5 stars 4.5 stars 4.5 stars 4.3 stars 4.5 stars
Mobile platform score 3.8 stars 4.5 stars 3.8 stars 4.8 stars 4.5 stars
Desktop platform score 3.0 stars 3.8 stars 3.0 stars 4.5 stars -

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#1 Interactive Brokers
Verdict

Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker mainly for advanced traders.

On the plus side, IB has low fees, a vast range of available markets and products, and diverse research tools

There are some drawbacks, though: there is a high forex fees, and the account opening process is complicated. The desktop platform is complex and hard to get a handle on, especially for beginners.

If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers could be a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.2 stars
Recommended for Traders looking for low fees and a professional trading environment

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Fidelity Logo

#2 Best stock broker
Fidelity

4.9

Fidelity is a US stockbroker founded in 1946. It is regulated by top-tier authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Fidelity is considered safe because it has a long track record and is regulated by top-tier financial authorities.

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

Pros Cons
Commission-free US stocks and ETFs High mutual fund fees and margin rates
Great trading platforms and research Slower account verification
US and international stocks Slow live chat

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#2 Fidelity
Stock trading fees

Fidelity stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of publishing long fee tables, we compare brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy shares for $2,000 and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if they apply), and commissions for all brokers.

Here is the verdict:

Fidelity stock trading app fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $1.0 $0.0 $1.0 $0.0 $0.0
UK stock $7.8 $11.7 $15.6 - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

Fidelity stock trading commissions
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. Free stock and ETF trading $0.01 per share commission for stocks above $1 share price, or 1% of trade value for stocks below $1 share price. The minimum fee is $1 minimum. Free stock and ETF trading Free stock and ETF trading

Non-trading fees

Fidelity has low non-trading fees.

Fidelity non-trading fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Account fee No No No No No
Inactivity fee Yes No No No No
Withdrawal fee $0 $0 $0 $0 $0

Feel free to check out more about brokerage fees if you want to expand yor knowledge.

#2 Fidelity
Account opening
3.6

Opening an account at Fidelity is easy and there is no minimum deposit. You can also choose among many account types. However, account verification is a bit slow.
Pros Cons
No minimum deposit Slower account verification
User-friendly Not fully digital in some cases
Many account types
Fidelity minimum deposit and time to open an account
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days >3 days 1-3 days 1-3 days

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#2 Fidelity
Deposit and withdrawal
3.8

Fidelity offers an exceptionally wide range of base currencies. On the negative side, credit/debit cards are not accepted.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee
Several account base currencies
Fidelity withdrawal fee and options
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $0 $0

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#2 Fidelity
Markets and products
3.9

Fidelity offers a lot of different trading products, from stocks to options, including international stocks. However, forex and futures trading is not available.
Fidelity markets and products
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes No No Yes No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes No No Yes Yes
CFD Yes No No No No
Crypto Yes No No Yes Yes

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#2 Fidelity
Web trading platform
4.5

Fidelity's web platform is easy to use, has many order types and provides two-step authentication. On the negative side, it is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Best stock brokers - Fidelity trading platform
Fidelity trading platforms
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Web platform score 4.5 stars 4.5 stars 4.5 stars 4.3 stars 4.5 stars
Mobile platform score 3.8 stars 4.5 stars 3.8 stars 4.8 stars 4.5 stars
Desktop platform score 3.0 stars 3.8 stars 3.0 stars 4.5 stars -

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#2 Fidelity
Verdict

Fidelity is one of the biggest US stockbrokers and is regulated by top-tier authorities.

Fidelity offers commission-free US stocks and ETFs. The trading platforms and research are outstanding, with many tools including trading ideas and detailed fundamental data. The offered range of products includes international stock exchanges in addition to the US market, which is not common among US brokers.

Fidelity has some drawbacks, though. Some mutual funds have high fees, and the margin rates are high as well. The account verification process and live chat support are both a bit slow. 

As it has great research tools, a user-friendly web trading platform, and charges no inactivity fee, feel free to try Fidelity's services.

Fidelity
Summary Fidelity is a US stockbroker. It is regulated by top-tier authorities SEC and FINRA.
Fees score 4.2 stars
Recommended for Investors and traders looking for solid research and great trading platforms

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Zacks Trade Logo

#3 Best stock broker
Zacks Trade

4.6

Zacks Trade is a US-based discount broker and a division of LBMZ Securities. LBMZ Securities was founded in 1978 and is regulated by the top-tier US financial authorities SEC and FINRA.

LBMZ Securities's clearing and execution services are provided through Interactive Brokers, a global stockbroker regulated by many top-tier financial authorities globally.

If you're familiar with the services of Interactive Brokers, you might notice that many of Zacks Trade's services are the same. To sum up:

  • Zacks Trade has its own, different fee structure, product selection, educational tools and customer support.
  • The account opening and deposit/withdrawal processes, trading platforms and research tools are the same as at Interactive Brokers.

Zacks Trade is considered safe because it has a long track record and is overseen by top-tier regulators. 

Recommended for traders and investors looking for comprehensive research tools, a wide product selection and low fees

Pros Cons
Low fees Complex desktop platform and research tools
Extensive stock and ETF selection Slow and complicated account opening
Great customer service Limited educational tools

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#3 Zacks Trade
Stock trading fees

Zacks Trade stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of publishing long fee tables, we compare brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy shares for $2,000 and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if they apply), and commissions for all brokers.

Here is the verdict:

Zacks Trade stock trading app fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $1.0 $0.0 $1.0 $0.0 $0.0
UK stock $7.8 $11.7 $15.6 - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

Zacks Trade stock trading commissions
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. Free stock and ETF trading $0.01 per share commission for stocks above $1 share price, or 1% of trade value for stocks below $1 share price. The minimum fee is $1 minimum. Free stock and ETF trading Free stock and ETF trading

Non-trading fees

Zacks Trade has low non-trading fees.

Zacks Trade non-trading fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Account fee No No No No No
Inactivity fee Yes No No No No
Withdrawal fee $0 $0 $0 $0 $0

Feel free to check out more about brokerage fees if you want to expand yor knowledge.

#3 Zacks Trade
Account opening
2.8

Zacks Trade has a fully digital account opening for clients all over the world, and there is no minimum deposit. On the negative side, we found the process slow and hard to navigate.
Pros Cons
Fully digital Slow
No minimum deposit Not user-friendly
Zacks Trade minimum deposit and time to open an account
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days >3 days 1-3 days 1-3 days

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#3 Zacks Trade
Deposit and withdrawal
3.5

Zacks Trade offers one free withdrawal per month for nearly all base currencies. However, you cannot use credit/debit cards or electronic wallets to deposit or withdraw funds.
Pros Cons
Free withdrawal Credit/Debit card not available
No deposit fee
Several account base currencies
Zacks Trade withdrawal fee and options
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $0 $0

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#3 Zacks Trade
Markets and products
3.8

Zacks Trade offers international stocks, ETFs and bonds, which is fairly unique for a US broker, as well as US funds and options. However, you cannot trade futures or forex.
Zacks Trade markets and products
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes No No Yes No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes No No Yes Yes
CFD Yes No No No No
Crypto Yes No No Yes Yes

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#3 Zacks Trade
Web trading platform
4.5

The Zacks Trade web platform is simple and easy to use even for beginners.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Best stock brokers - Zacks Trade trading platform
Zacks Trade trading platforms
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Web platform score 4.5 stars 4.5 stars 4.5 stars 4.3 stars 4.5 stars
Mobile platform score 3.8 stars 4.5 stars 3.8 stars 4.8 stars 4.5 stars
Desktop platform score 3.0 stars 3.8 stars 3.0 stars 4.5 stars -

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#3 Zacks Trade
Verdict

Zacks Trade is a great US discount broker. It is a division of LBMZ Securities, which is regulated by the SEC and FINRA.

On the plus side, Zacks Trade has low fees, outstanding stock and ETF selections and great customer service.

There are some drawbacks though, as its desktop trading platform and research tools are quite complex. The account opening is complicated and slow. Lastly, we missed some useful educational tools.

As Zacks Trade provides a demo account and doesn't require any minimum deposit, feel free to try it.

Zacks Trade
Summary Zacks Trade is a US discount broker that also allows international clients to open an account. Zacks Trade is a division of LBMZ Securities, which is regulated by SEC and FINRA. Customers are protected by the SIPC scheme, up to $500,000 (including a $250,000 limit for cash).
Fees score 4.3 stars
Recommended for Traders and investors looking for comprehensive research tools, a wide product selection and low fees

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TD Ameritrade Logo

#4 Best stock broker
TD Ameritrade

4.9

TD Ameritrade was founded in 1975 and is one of the biggest US-based stockbrokers. It 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).

TD Ameritrade is considered a safe broker since 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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#4 TD Ameritrade
Stock trading fees

TD Ameritrade stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of publishing long fee tables, we compare brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy shares for $2,000 and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if they apply), and commissions for all brokers.

Here is the verdict:

TD Ameritrade stock trading app fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $1.0 $0.0 $1.0 $0.0 $0.0
UK stock $7.8 $11.7 $15.6 - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

TD Ameritrade stock trading commissions
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. Free stock and ETF trading $0.01 per share commission for stocks above $1 share price, or 1% of trade value for stocks below $1 share price. The minimum fee is $1 minimum. Free stock and ETF trading Free stock and ETF trading

Non-trading fees

TD Ameritrade has low non-trading fees.

TD Ameritrade non-trading fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Account fee No No No No No
Inactivity fee Yes No No No No
Withdrawal fee $0 $0 $0 $0 $0

Feel free to check out more about brokerage fees if you want to expand yor knowledge.

#4 TD Ameritrade
Account opening
3.6

TD Ameritrade offers many different account types, and there is no minimum deposit for US citizens.
Pros Cons
Fully digital None
No minimum deposit
Many account types
TD Ameritrade minimum deposit and time to open an account
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days >3 days 1-3 days 1-3 days

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#4 TD Ameritrade
Deposit and withdrawal
2.2

TD Ameritrade has user-friendly account funding with no deposit fees, but 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 Fidelity Zacks Trade TD Ameritrade E*TRADE
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $0 $0

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#4 TD Ameritrade
Markets and products
4.0

You can trade many asset classes, from stocks to futures and forex, while nice extras include social trading and robo-advisory. On the other hand, only the US market is covered.
TD Ameritrade markets and products
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes No No Yes No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes No No Yes Yes
CFD Yes No No No No
Crypto Yes No No Yes Yes

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#4 TD Ameritrade
Web trading platform
4.3

TD Ameritrade offers a good web trading platform with a clean design. On the flip side, the platform is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Two-step (safer) login
Good variety of order types
Best stock brokers - TD Ameritrade trading platform
TD Ameritrade trading platforms
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Web platform score 4.5 stars 4.5 stars 4.5 stars 4.3 stars 4.5 stars
Mobile platform score 3.8 stars 4.5 stars 3.8 stars 4.8 stars 4.5 stars
Desktop platform score 3.0 stars 3.8 stars 3.0 stars 4.5 stars -

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#4 TD Ameritrade
Verdict

TD Ameritrade is one of the biggest US online brokers. It charges no commission on stock and ETF trades.

Research and education are outstanding at TD Ameritrade, offering you many useful tools. The 'thinkorswim' desktop trading platform is one of the best on the marketCustomer service is great, you will get relevant answers within a short time.

TD Ameritrade has some drawbacks, though. It charges high financing (margin) rates, and it doesn't accept credit/debit cards and electronic wallets for money transfers. Furthermore, the product portfolio covers only the US markets.

TD Ameritrade offers great education tools including a demo account, so we definitely recommend giving them a try.

TD Ameritrade
Summary TD Ameritrade is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background as part of the TD Group.
Fees score 4.3 stars
Recommended for Investors and traders looking for solid research and a well-equipped desktop trading platform

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E*TRADE Logo

#5 Best stock broker
E*TRADE

4.9

E*TRADE is a US-based stockbroker founded in 1982. It is regulated by top-tier financial authorities like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

E*TRADE is considered safe because 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 US regulators.

In February 2020, E*TRADE was acquired by Morgan Stanley. To find out more about the motives behind the acquisition and about the wider market context, check out this article we wrote about the deal.

Recommended for investors and traders looking for solid research and a great mobile trading platform

Pros Cons
Low trading fees (free stock and ETF trading) Only US markets, no forex
User-friendly mobile trading platform Only bank transfer
Great research tools Slow live chat

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#5 E*TRADE
Stock trading fees

E*TRADE stock trading fees are low.

It is not so easy to compare trading fees for stock trading. What did we do at BrokerChooser? Instead of publishing long fee tables, we compare brokers by calculating all the fees of a typical trade in two popular markets, the US and the UK.

A typical trade means that you buy shares for $2,000 and then sell them.

This catch-all benchmark fee includes spreads, financing costs (if they apply), and commissions for all brokers.

Here is the verdict:

E*TRADE stock trading app fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $1.0 $0.0 $1.0 $0.0 $0.0
UK stock $7.8 $11.7 $15.6 - -

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing it.

Want to check the pricing by yourself? Here you go:

E*TRADE stock trading commissions
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
US stock $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. Free stock and ETF trading $0.01 per share commission for stocks above $1 share price, or 1% of trade value for stocks below $1 share price. The minimum fee is $1 minimum. Free stock and ETF trading Free stock and ETF trading

Non-trading fees

E*TRADE has low non-trading fees.

E*TRADE non-trading fees
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Account fee No No No No No
Inactivity fee Yes No No No No
Withdrawal fee $0 $0 $0 $0 $0

Feel free to check out more about brokerage fees if you want to expand yor knowledge.

#5 E*TRADE
Account opening
4.4

Account opening at E*TRADE (only available for US clients) is fully digital and user-friendly, but the account verification process is slow.
Pros Cons
Fully digital Slow account verification
No minimum deposit
User-friendly
E*TRADE minimum deposit and time to open an account
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Minimum deposit $0 $0 $0 $0 $0
Time to open account 1-3 days 1-3 days >3 days 1-3 days 1-3 days

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#5 E*TRADE
Deposit and withdrawal
2.2

E*TRADE charges no deposit fees, and transferring money is easy. On the flip side, you can only use bank transfer, and a high fee is charged for wire transfer withdrawals.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High fee for wire transfer withdrawal
E*TRADE withdrawal fee and options
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No No No No No
Electronic wallets No Yes No No No
Withdrawal fee $0 $0 $0 $0 $0

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#5 E*TRADE
Markets and products
3.1

You can trade plenty of asset classes at E*TRADE from stocks to futures, but only on the US market; in addition, forex trading is not available.
E*TRADE markets and products
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Stock Yes Yes Yes Yes Yes
ETF Yes Yes Yes Yes Yes
Forex Yes No No Yes No
Fund Yes Yes Yes Yes Yes
Bond Yes Yes Yes Yes Yes
Options Yes Yes Yes Yes Yes
Futures Yes No No Yes Yes
CFD Yes No No No No
Crypto Yes No No Yes Yes

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#5 E*TRADE
Web trading platform
4.5

E*TRADE has a great, user-friendly web trading platform, offering a clear fee report among others. On the negative side, it cannot be customized.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Best stock brokers - E*TRADE trading platform
E*TRADE trading platforms
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Web platform score 4.5 stars 4.5 stars 4.5 stars 4.3 stars 4.5 stars
Mobile platform score 3.8 stars 4.5 stars 3.8 stars 4.8 stars 4.5 stars
Desktop platform score 3.0 stars 3.8 stars 3.0 stars 4.5 stars -

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#5 E*TRADE
Verdict

E*TRADE is one of the biggest US stockbrokers, and is regulated by top-tier authorities.

At the end of 2019, riding the commission-free trading trend in the US, E*TRADE introduced zero commission on stock and ETF trades. E*TRADE's research functions are of high quality and channel a lot of tools, including trading ideas and strategy builders. We liked the easy handling and the customizable features of the mobile trading platform.

E*TRADE has some drawbacks though. It doesn't accept credit/debit cards and electronic wallets for money transfers, and its product portfolio covers only US markets. In addition, live chat support is slow.

As trading fees are generally low, research tools are great and no inactivity fee is charged, you should feel free to try E*TRADE.

E*TRADE
Summary E*TRADE is a US stockbroker regulated by top-tier authorities SEC and FINRA. The company is listed on NASDAQ and has a banking background.
Fees score 4.4 stars
Recommended for Investors and traders looking for solid research and a great mobile trading platform

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Best stock brokers
What makes a good online stock broker

Now that you know which are the top 5 brokers, you are probably curious how we came up with the list. Let's go through a few points quickly. What is an online broker? Why do we think these brokers are safe? What are the most important factors when selecting the best online brokers?

What is an online broker?

Thirty years ago, if you wanted to buy a stock, you had to pick up the phone and call your broker, who executed the transaction in return for a commission. Brokers were like characters in the movie 'Wolf of Wall Street'. They were constantly monitoring stock prices while holding the phone and shouting. The Internet changed all that. Nowadays, if you want to invest in Apple shares, you open an online account, deposit money, and create an order on the broker\'s online platform. These platforms are the online brokers. Online brokers help you buy and sell securities like stocks and ETFs. After setting up your order, the online broker executes it immediately. The entire process happens online.

Are these brokers safe?

The brokers on this list are all considered safe. You can be sure none of them is a scam. They are regulated by at least one top-tier regulator.

Nevertheless, brokerage companies can still go bust. Remember the collapse of Lehman Brothers? In such cases, it is important to know what happens with your securities and cash. Your funds are usually held in segregated accounts, so even if the broker declares bankruptcy, your funds will be safe.

If, for example, the broker steals your assets, then you have a last resort: the compensation fund of the country where the broker is regulated.

How did BrokerChooser pick the best online stock brokers?

We test online brokers based on more than ~300 criteria, with real accounts and real money. We don\'t want to overwhelm you, so we will only list the five most important criteria.

5 key criteria for best international stock brokers
1. Stock fees Stock fees - or trading fees in this case - for a typical US equity trade can be 50 times higher at one stock broker compared to another. Commissions and volume-based fees can make trades rather pricey. Not to mention other costs like custody fees and exchange fees.
2. 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 charged if you don\'t use your account for a certain period of time.
3. Deposit and withdrawal At some brokers, transferring money to your account can take 5 times longer and be considerably more expensive than at others. Certain withdrawal methods may also cost you money. Watch out for these, too.
4. Overall quality Our methodology contains comprehensive criteria designed to score the overall quality of a broker\'s services. This includes safety, platforms, account opening process and much much more.

Best stock brokers
Bottom line

You have seen the details, now let's zoom out. Here are the best stock brokers of 2021 in the US:

Best stock brokers in the US in 2021
Interactive Brokers Fidelity Zacks Trade TD Ameritrade E*TRADE
Overall score 4.9 4.9 4.6 4.9 4.9
Award Best online broker Best broker for ESG Best broker for investing Best broker for bonds
Fees score 4.2 stars 4.2 stars 4.3 stars 4.3 stars 4.4 stars
Stock and ETF fee scores 4.7 stars 4.8 stars 4.6 stars 5.0 stars 5.0 stars
Account opening score 3.4 stars 3.6 stars 2.8 stars 3.6 stars 4.4 stars
Deposit and withdrawal score 3.5 stars 3.8 stars 3.5 stars 2.2 stars 2.2 stars
Markets and products score 5.0 stars 3.9 stars 3.8 stars 4.0 stars 3.1 stars
Web platform score 4.5 stars 4.5 stars 4.5 stars 4.3 stars 4.5 stars
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Interactive Brokers is our winner, having been selected the best stock broker in the US for 2021. Low trading fees. Wide range of products. Many great research tools.

We believe that all the stock brokers on our Top 5 list are a great choice. Pick the winner, or one of the runners-up, and take the next step in your investment journey. Let us know what you think in the comments section.

Still unsure? Use our broker finder tool to find the best broker for you or learn more about investing your money.

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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