| overall rating |
|
|
| overall pros |
- Access to many markets and products
- No inactivity fee
- Rock-solid background
|
- Free stocks, ETFs and options
- Fast and easy account opening
- Great trading platforms
|
| overall cons |
- High trading fees
- Confusing trading platform selection
- Some research tools are not free
|
- Limited product portfolio
- Only bank transfer for deposit/withdrawal
- No live chat and poor phone support
|
|
fees
|
- Low fund fees
- No inactivity fee
- High stock and ETF fees
- High bond fees
|
- No commission (for stocks, ETFs, options)
- ACH transfers are free for funding & payout
|
|
account opening
|
- Fully digital
- No minimum deposit for trading account
- Long wait times
- Forex and robo-advisor accounts have high minimum deposit
|
- Fast
- Fully digital
- No minimum deposit
- Mostly for just US residents
|
|
deposit and withdrawal
|
- Credit/Debit card available
- Several account base currencies
- Swiss entity charges withdrawal and deposit fees
|
- No deposit fee
- User-friendly
- Free ACH deposit and withdrawal
- Credit/Debit card not available
- Only one account base currency
- High fees for wire transfer
|
|
web trading platform
|
- Clear fee report
- Two-step (safer) login
- Good search function
- Easy to get lost among functions
|
- User-friendly
- Good customizability (for charts, workspace)
- Good variety of order types
- No two-step (safer) login
|
|
mobile trading platform
|
- User-friendly
- Good search function
- Price alerts
- No advanced search filters
|
- User-friendly
- Two-step (safer) login
- Good variety of order types
|
|
desktop trading platform
|
- Clear fee report
- Good customizability (for charts, workspace)
- Price alerts
- No two-step (safer) login
- Poor design
|
- User-friendly
- Good customizability (for charts, workspace)
- Good variety of order types
- No two-step (safer) login
|
|
markets and products
|
- Stock
- ETF
- Forex
- Fund
- Bond
- Options
- Futures
- CFD
- Crypto
- Themes trading
- Robo-advisory
|
|
|
research
|
- Good interactive chart
- Trading ideas
- Quality news flow
- Limited fundamental data
- Recommendations are not structured
|
- Trading ideas
- Data on asset fundamentals
- User-friendly
- Limited interactive charting
- No/poor quality news flow
|
|
customer service
|
- Phone support
- Live chat
- Fast response time
- No 24/7 support
- Email answers are not always relevant
|
- Platform message center quick and useful
- No live chat
- Slow phone support
- No answer to emails
|
|
education
|
- Demo account
- Trading platform tutorial
- Educational videos
|
- No trading platform tutorial videos
- No educational videos
- No webinars
|
|
safety
|
- Majority of clients belong to a top-tier financial authority
- Banking background
- Listed on stock exchange
|
- Majority of clients belong to a top-tier financial authority
- High level of investor protection
- No negative balance protection
- Does not hold a banking license
- Not listed on stock exchange
|
| recommended for |
Affluent investors who value safety and are OK with higher fees
|
Investors and traders looking for zero-commission trading and focusing on US markets
|
