Top 10 brokerage firms: compare and review best discount online investment companies in 2014


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.


 




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


Continue Scottrade Review


Current Scottrade Promotion Offer


Click on the link to get up to $100 in transfer fee reimbursed: $100 in Transfer Fees Refunded. No set-up fees. No Annual Fees.









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


Continue TradeKing Review


Current TradeKing Promotion Offer


(Refer a friend and both receive $50)






Optionshouse Ratings 2014


OptionsHouse Pricing


  • Stocks/ETFs: $4.75 per trade
  • Options: $5 for up to five contracts, $1 for each additional contract OR $8.50 + $0.15 per contract
  • Mutual Funds: $9.95 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
  • Very low margin rates


OptionsHouse Review


Continue Optionshouse Review


Current OptionsHouse Promotion Offer


Get 100 commission-free trades: Click to get 100 free trades when you open an account at Optionhouse.Optionshouse Review 2014






Etrade Review 2014



Etrade Pricing


  • Stocks/ETFs: $9.99 per trade
  • Options: $9.99 plus $0.75/contract
  • Mutual Funds: $19.99 per transaction for no-load mutual funds
  • Futures: $2.99 per contract, per side + fees


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


Continue Etrade Review


Link To Current Etrade Promotion Offer


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






USAA Brokerage Review


USAA Pricing


  • Stocks/ETFs: $8.95 for Gold members and $5.95 for Platinum members per trade
  • Options: $8.95 + $0.75 per contract for Gold members and $5.95 + $0.75 per contract for Platinum members
  • Mutual Funds: $45
  • U.S. Treasury Securities at Auction: $45
  • All Listed Corporate Bonds: $25 + $3 per bond


USAA Advantages


  • No account maintenance, inactivity or hidden fees
  • Good banking services
  • No-fee IRA accounts


USAA Review


Continue USAA Review


USAA Account


Easy to manage tools made for every investor. Open an Account!

This article was updated on 12/16/2014.









Subscribe To Savings Secrets Updates
Enter your email to get updates:
Copyright 2009-2014 Savings-Secrets.com. All rights reserved.