Best online brokers 2016

We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.

Online broker survey: Seeking the 'wow' factor

Notably, Fidelity reclaimed its position as the leader in Overall Customer Experience, making this the fifth time in six years that it secured the top spot, narrowly edging out Charles Schwab. This year Fidelity ranked among the top five brokers in 14 of the 15 categories and ranked first or second in 11 categories while Charles Schwab was among the top five brokers in all 15 categories.

A newcomer to the survey, Tastyworks, also put up a strong showing, ranking among the top five brokers in Overall Customer Experience as well as in 12 categories of performance. That included seven categories where it earned the top rating. Our survey offers real value. The result is honest, unfiltered feedback from investors, including everyone from beginning ETF investors to veteran options traders who actively use the brokers to execute their investment strategies.

During Phase I, survey respondents were queried regarding which attributes of an online broker were most and least important to them. In the next phase, they were asked to rate their primary broker on what were determined to be the 15 most important criteria.

Weights were assigned to each attribute to compute an Overall Customer Experience Index for each broker. The top five overall and in each category are recognized as Best Online Brokers.

To learn more about the rankings, read the details of the survey methodology. Investor's Business Daily IBD is a leading financial news and research organization recognized for proprietary stock screens, comparative performance ratings and a record of identifying stock leaders as they emerge. The company takes a data-first approach to investing, educating investors about how to invest successfully using tested methods and sound research.

IBD has honed its approach over the last 50 years to help investors make smarter decisions. IBD offers a number of interactive stock research tools and provides information for investors of every level. To learn more about all that IBD has available, please visit www. All rights reserved. Graphic: Business Wire. Full Size. About IBD Investor's Business Daily IBD is a leading financial news and research organization recognized for proprietary stock screens, comparative performance ratings and a record of identifying stock leaders as they emerge.

Log In Sign Up.

Trade stocks, options, futures, forex, & bonds worldwide from a single integrated account. Fidelity Wins in Barron's.

Notably, Fidelity reclaimed its position as the leader in Overall Customer Experience, making this the fifth time in six years that it secured the top spot, narrowly edging out Charles Schwab. This year Fidelity ranked among the top five brokers in 14 of the 15 categories and ranked first or second in 11 categories while Charles Schwab was among the top five brokers in all 15 categories. A newcomer to the survey, Tastyworks, also put up a strong showing, ranking among the top five brokers in Overall Customer Experience as well as in 12 categories of performance. That included seven categories where it earned the top rating.

In our fourth annual survey, we focus on brokerages dedicated to continuously improving their services. Choosing an online brokerage puts you in a similar predicament.

The subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. This article was published more than 3 years ago.

2016 Online Broker Review

Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity. Kiplinger's awarded Fidelity high marks in key areas of value such as commissions and fees, tools, and customer service.

11 Best Online Brokers for Stock Trading of May 2020

Disclosure: TheSimpleDollar. However, the rankings and listings of our reviews, tools and all other content are based on objective analysis. For more information, please check out our full Advertising Disclosure. The offers that appear on this site are from companies from which TheSimpleDollar. All products are presented without warranty and all opinions expressed are our own. Intuitive interfaces, a plethora of features, and easy access have made online brokers incredibly popular options for stock trading. Many brokers have fees well below that of personal brokers as well as bonus tools and unique features aimed at assisting those new to the investing world. This list of the best online brokers can help you find the perfect trading platform for your investment needs in Online brokers are simply brokerage firms that operate online instead of face-to-face. With an online broker, you can still trade stocks, ETFs, options and more.

The investing landscape has changed dramatically over the last two years. We've seen new technology drop commissions and expenses substantially, new tools helping investors, and a whole lot of competition to stay at the top of the pack.

Published by Blain Reinkensmeyer on February 16, The process of conducting the annual broker review begins in August each year and continues for six months, ultimately wrapping up with publication in February.

Best Online Stock Trading Brokers for 2020

Want to trade stocks? On these measures, the brokerage firms below earned their place on our list of the best online brokers for stock trading. We evaluated brokerage firms and investment companies on the services that matter most to different types of investors. For example, for active traders, we've noted online brokers with low or no commissions and robust mobile trading platforms. For people venturing into investing for the first time, we've included the best online brokers for educational resources including webinars, video tutorials and in-person seminars and on-call chat or phone support. Read on to see our picks for the best brokers, alongside links to our investing experts' in-depth reviews on each. Show Less. Interactive Brokers' IBKR Lite is a strong option for frequent traders: The broker offers international trade capabilities, no stock-trading commission and a quality trading platform. Zacks is a great choice for experienced and active investors who would appreciate a little extra support from a representative, but trades cost more than at competitors. Trades of up to 10, shares are commission-free. Not much.

This browser is not supported. Please use another browser to view this site.

Conducted in conjunction with polling partner TechnoMetrica Market Intelligence, the study analyzed responses from 5, investors to find out how well their primary online brokerage firms stacked up. Notably, Fidelity and Charles Schwab were recognized for their Overall Customer Experience for the sixth consecutive year, while TradeStation moved into the top five brokers for after receiving an Honorable Mention last year. The category breakouts allow everyone from beginning ETF investors to veteran options traders to identify the brokers most likely to meet their needs. The list thus provides honest, unfiltered feedback from investors who rely on the brokers day-in and day-out as they execute investment strategies. During Phase I of the survey, respondents were queried regarding which attributes of an online broker were most and least important to them. In Phase II, survey respondents rated their primary broker on the 14 most important criteria, including the new Trade Ideas category. Weights were assigned to each attribute to compute an Overall Customer Experience Index for each broker.