1st
eToro
Strengths
- Easy to buy crypto
- No fees for deposits or withdrawals
- Lots of cryptos to choose from
2nd
Forex.com
Strengths
- Provides traders with an expansive range of tradable instruments
- Features a huge selection of education and research materials
- Supports multiple trading platforms including MetaTrader and WebTrader
- Makes it possible for traders to choose between standard and commission accounts
- Boasts of relatively trading fees compared to most other U.S based brokers
Weaknesses
- The maximum leverage isn’t available to all the trading instruments
- Its WebTrader platform if fairly rigid and not easily customizable
- Forex.com trading platforms feature limited fundamental analysis tools
- Doesn’t support binary options for futures traders
3rd
SigFig
Strengths
- Low fees
- Responsive customer support
- Great usability
- No annual fees
- Free management for up to $10,000
Weaknesses
- Lack of research/tools
- $2000 minimum
4th
Betterment
Strengths
- No minimum deposit size
- Clear and easy-to-use website
- Tax-smart technology
- A tremendous amount of education available
- Great promotions
Weaknesses
- Not enough payment methods
- Traditional investing options, but not much else
- Lack of control
5th
CEX.IO
Strengths
- Their transparent pricing structure for all products
- They have fast approval times for account opening and identity verification
- They provide quick access to digital coins
Weaknesses
- High fees for deposits with credit card
6th
Changelly
Strengths
- More than 140 tradable cryptocurrencies
- Low exchange fees when using digital coins to buy other tokens
- It is effortless to use trading interface
- Quality customer support offering
Weaknesses
- High costs when using debit or credit cards
- No educational offering
7th
Vanguard
Strengths
- Perfect for investors with large account balances
- Huge mutual fund selection and low-cost ETFs
- Leader in low cost funds
Weaknesses
- Not friendly for beginners or for active traders
- High trading commission
- Limited data and research facilities available
8th
Motif Investing
Strengths
- Incredible for traders looking to diversify
- A great platform for socially conscious traders
- The cost per trade is minimal
- Clean layout and easy to understand/use
- Access to IPOs
Weaknesses
- Option trades are not an option on the Motif Investing platform
- No mutual funds are available
- Customer support is lacking - it’s not 24/7 at all, and there’s no live chat option
- Lacking education/tools
9th
Coinmama
Strengths
- Extremely easy to use
- You do not hold any tokens or funds on the Coinmama site
- Good selection of popular cryptocurrencies
- 24/7 email support
- Ability to buy cryptocurrencies using credit or debit cards
Weaknesses
- High trading fees
- High credit card/debit card fees
- No phone or live chat support
10th
WealthSimple
Strengths
- Access to human advisors
- Solid customer service/support
- Array of payment methods
- Socially conscious investing
- Free commissions on trades
Weaknesses
- Limited trading options
- Lack of tools/research
- Management Fees are high
