Scottrade

Scottrade is a good choice for those who are comfortable making their own decisions, but also for those who need some help from time to time. Scottrade investors can buy and sell stocks for a flat fee of $7 per online trade, making the firm one of the lowest priced in the industry. Telephone and broker-assisted trades cost more, so the firm is best for online traders. In addition to its low online trading fees, Scottrade operates a number of offices in and around major metropolitan areas, making it easy for investors to get personal advice when they need it. Daily Reckoning points out that Scottrade is one of the cheapest online brokers, and that price advantages helped the firm make the list of best online brokers.

Charles Schwab

Charles Schwab provides a full range of brokerage services, but the firm also offers access to thousands of mutual funds through its OneSource program. That makes this broker a good choice for those who prefer to keep all their investments, including individual stocks and mutual funds, under one roof. A review of online brokers published by Forbes named Charles Schwab a Forbes Favorite, and cited it as one of the best online brokerage firms.

TD Ameritrade

References

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