Top 10 brokerage firms: compare and review best discount online investment companies in 2015


Stock market goes up, or goes down - it's not easy to make money investing in or trading stocks. Even when one manages to get a profit, it is often significantly reduced by the trading costs (commissions, fees, margin interest and subscription to market data).


For this reason, it is important to find online brokerage firm that offers the lowest fees but is still very reliable and provides excellent customer service. We compared the best discount stock brokerage companies on overall customer value. We hope that the ratings of investment brokerage houses below will be instrumental in your selection of the right company for you.


 




Optionshouse Ratings 2015


OptionsHouse Pricing


  • Stocks/ETFs: $4.95 per trade
  • Options: $4.95 + $0.50 per contract
  • Mutual Funds: $20 per transaction for no-load mutual funds
  • Call support to buy U.S. treasury bonds and listed corporate bonds


OptionsHouse Advantages


  • Great commissions
  • Very good trading tools and charts
  • Virtual trading available
  • Free check-writing
  • Low margin rates


OptionsHouse Review


Continue Optionshouse Review


Current OptionsHouse Promotion Offer


Trade Free For 60 Days when you Open a New OptionsHouse Account










TradeMonster Pricing


  • Stocks/ETFs: $4.95 per trade
  • Options: $0.50 per contract (minimum $12.50 for single leg orders and $15 minimum per spread for multi-leg orders)
  • Futures: $1.50 per contract
  • Options on Futures: $1.50 per contract (excluding exchange fees, NFA fees, overnight and platform fees as applicable)
  • Mutual funds: $15 to buy, $0 to sell
  • Bonds: $15 + $1 per bond (Municipal, Corporate, Agency, Treasury)


TradeMonster Advantages


  • Free streaming quotes, charts and option chains
  • 24/7 help line in their learning center
  • Free IRAs
  • Virtual trading
  • Extensive educational resources
  • Free to sell mutual funds
  • Very useful tools for options traders


TradeMonster Review


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Link To Current OptionsHouse/TradeMonster Promotion


Trade Free For 60 Days when you Open a New OptionsHouse Account









TradeKing Pricing


  • Stocks/ETFs: $4.95 per trade
  • Options: $4.95 + $0.65 per contract
  • Short options valued at 5 cents or less, can be bought to close these positions for no charge
  • Mutual Funds: $9.95 per transaction for no-load mutual funds
  • Bonds: $1 per bond with $10 minimum, $250 maximum
  • Treasuries: commission-free
  • Certificates of Deposit (CDs): $24.95 per transaction


TradeKing Advantages


  • Very good pricing
  • Competitive options tools
  • Excellent customer service
  • Trader Network: best investor community in the industry
  • Free IRAs (no setup and annual fees)


TradeKing Review


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Current TradeKing Promotion Offer


(Refer a friend and both receive $50)










Etrade Pricing


  • $9.99 per stock/etf trade ($7.99 if making 150+ trades per quarter)
  • Options: $9.99 plus $0.75/contract ($7.99 + $0.75 if making 150+ trades per quarter)
  • Mutual Funds: $19.99
  • Futures contracts: $2.99 per contract, per side + fees
  • Forex: markup or markdown will be included in the prices quoted
  • Bonds: $1 per bond (minimum $10, maximum $250)


Etrade Advantages


  • Great trading platform
  • Good research tools
  • Suggestions for stock picks matching your investing strategy
  • Access to foreign stock exchanges
  • Low investment to open an account - $500 to begin investing, $2,000 allows you to open a margin account


Etrade Review


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Link To Current Etrade Promotion Offer


Open an IRA at E*TRADE Securities and Get up to $600






Scottrade Review


Scottrade Pricing


  • Stocks/ETFs: $7 per trade
  • Options: $7 + $1.25 per contract
  • Mutual Funds: $17 per transaction for no-load mutual funds
  • Listed Corporate Bonds: $35 fee + $3 per Bond (minimum investment $1,000)
  • Unit Investment Trusts: $50 liquidation fee


Scottrade Advantages


  • Excellent customer service
  • Over 500 local branches
  • Free real-time streaming quotes
  • Online community
  • Easy to use for beginner investors
  • Great Trade Ideas tool
  • No IRA fees (setup, annual, termination)
  • Low minimum to open account


Scottrade Review


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Current Scottrade Promotion Offer


Get up to $2000 when you open new account or add funds to existing account.


This article was updated on 7/2/2015.









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