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Best stock brokers in the US for 2023

Interactive Brokers Logo
1st place
Interactive Brokers
eToro Logo
2nd place
eToro
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Your capital is at risk
Fidelity Logo
3rd place
Fidelity

How did we come up with this list of best stock brokers in the US in 2023?

  • We first selected 102 quality brokers,
  • We scrutinized their trading and non-trading fees (with a special focus on stock fees, inactivity fees and withdrawal fees),
  • Then we took measure of their stock selection, trading platforms and more,
  • We opened an account and tested the trading platform with our own money.

Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology. Now let's jump straight to the results.


Our top 5 picks for the best stock trading platforms in the US in 2023:


  1. Interactive Brokers is our winner. - Low trading fees. 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. TD Ameritrade - Low trading fees (free stock and ETF trading). Superb desktop trading platform. Great customer support.
  5. Charles Schwab - Free stock and ETF trading. Outstanding research. Great customer service.
Check out the best brokers in another country

Best stock brokers in 2023 in the US
Interactive Brokers eToro Fidelity TD Ameritrade Charles Schwab
Broker intro International broker providing all asset classes Global social trading broker US stockbroker US-based stockbroker US discount broker
Overall score 4.9 stars 4.8 stars 4.8 stars 4.9 stars 4.8 stars
Served countries Globally Globally US US, China, Hong Kong, Malaysia, Singapore, Thailand, Taiwan, Canada (through TD Direct Investing) US
Minimum deposit $0 $10 $0 $0 $0
Award Best online broker Best broker for beginners Best broker for bonds

Best stock brokers
Stock trading fees

Instead of publishing long fee tables, we compare brokers by calculating all the fees of a typical trade in 3 popular markets, the US, Germany and the UK. A typical trade means that you buy shares for $2,000 (or the equivalent amount in EUR or GBP for German and UK equities).

Stock trading fees at the best stock brokers in the US December 2022
Interactive Brokers eToro Fidelity TD Ameritrade Charles Schwab
US stock $1.0 $0.0 $0.0 $0.0 $0.0
German stock $3.0 $0.0 $18.8 - -
UK stock $3.4 $0.0 $10.2 - -

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

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

Stock trading commissions at the best stock trading platforms in the US
Interactive Brokers eToro Fidelity TD Ameritrade Charles Schwab
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 Free stock and ETF trading Free stock and ETF trading Free stock and ETF trading

Best stock brokers
Other fees at best stock brokers

Best stock trading platforms' non-trading fees
Interactive Brokers eToro Fidelity TD Ameritrade Charles Schwab
Account fee No No No No No
Inactivity fee No Yes No No No
Withdrawal fee $0 $5 $0 $0 $0

Best stock brokers
Trading platforms at stock brokers

A well functioning trading platform makes trading stocks much easier.

Best stock brokers' available platforms
Interactive Brokers eToro Fidelity TD Ameritrade Charles Schwab
Web platform score 3.8 stars 4.4 stars 4.5 stars 4.3 stars 4.3 stars
Mobile platform score 3.5 stars 4.9 stars 5.0 stars 4.8 stars 4.2 stars
Desktop platform score 3.8 stars - 4.3 stars 4.5 stars 4.0 stars
Interactive Brokers Logo

#1 Best stock broker
Interactive Brokers

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

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Interactive Brokers snapshot
Stock fee class Low
Fractional share dealing Yes
OTC share dealing Yes
Minimum deposit $0
Inactivity fee No
Read review For a detailed analysis of Interactive Brokers services, check out our review for 2023
eToro Logo

#2 Best stock broker
eToro

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

Visit broker
Your capital is at risk

eToro snapshot
Stock fee class Low
Fractional share dealing Yes
OTC share dealing No
Minimum deposit $10
Inactivity fee Yes
Read review For a detailed analysis of eToro services, check out our review for 2023
Fidelity Logo

#3 Best stock broker
Fidelity

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

Visit broker

Fidelity snapshot
Stock fee class Low
Fractional share dealing Yes
OTC share dealing Yes
Minimum deposit $0
Inactivity fee No
Read review For a detailed analysis of Fidelity services, check out our review for 2023
TD Ameritrade Logo

#4 Best stock broker
TD Ameritrade

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

Visit broker

TD Ameritrade snapshot
Stock fee class Low
Fractional share dealing No
OTC share dealing Yes
Minimum deposit $0
Inactivity fee No
Read review For a detailed analysis of TD Ameritrade services, check out our review for 2023
Charles Schwab Logo

#5 Best stock broker
Charles Schwab

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

Visit broker

Charles Schwab snapshot
Stock fee class Low
Fractional share dealing Yes
OTC share dealing Yes
Minimum deposit $0
Inactivity fee No
Read review For a detailed analysis of Charles Schwab services, check out our review for 2023

Best stock brokers
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.

4 key criteria for the best international stock brokers
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.

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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