Strengths
- $0 commission on stocks, ETFs, and options
- $0 account minimum
- Excellent features for active traders with low option fees
- Wide range of trading and research tools for advanced FX and Futures traders
Weaknesses
- No fee-free mutual funds
- Price improvement on this platform is poor
Strengths
- A long history is the industry means the have craftred a well-trusted reputation
- The platforms are recently redesigned and have a very intuitive feel
- Pricing and fees from the broker are typically competitive
Weaknesses
- The minimum deposit can seem a little on the high side for some traders
- Customer support availability times could be improved on
Strengths
- No minimum for opening an account
- Cryptocurrency trading is available
- Trading is affordable
Weaknesses
- Only offers a limited range of instruments
- Limited customer support
Strengths
- Low fees if you are an active trader
- Great quality of customer support
- Top-quality trading platforms
- Strong education center
- Client funds are very well protected
Weaknesses
- Specially designed to cater to institutional traders and extremely active high-volume day traders
- The minimum $4.50 charge proves too expensive for casual and infrequent traders
- Limited funding options
- Limited funding options
Strengths
- Good for all types of traders and investors.
- Free commissions on ETFs, mutual funds, stocks, and options.
- Huge range of funds to select from with low expense ratios.
- Unparallelled Excellent research and analytical tools.
Weaknesses
- Customers are reporting problems with the Schwab mobile application.
- Funds not on the no-free list are very expensive at $49.95
Strengths
- Free trading on stocks, options, mutual funds, and ETFs
- Easy to use interface
- Transparent pricing structure
- Special promotions for new customers
Weaknesses
- Not good for traders who need portfolio management advice
- No managed accounts or robo advisor services
- No desktop platform means it is not ideal for highly active traders
Strengths
- Tiny management fees at 0.25%
- Free management for accounts under $5,000
- Free financial planning toolkit - Exceptional goal setting dashboard
- Tax loss harvesting, stock level tax loss harvesting, and SmartBeta optimization
- Best robo-advisor for tax minimization
Weaknesses
- No fractional shares
- Portfolios under $100,000 are not customizable beyond questionnaire
Strengths
- Range of assets supported
- Offers plenty of educational content
Weaknesses
- Website seems dated
- $5,000 minimum deposit
Strengths
- Fully licensed and well-regulated by the NFA and FINRA
- Provide a range of trading opportunities within the US Marketplace
- Very competitive fees and commissions
Weaknesses
- The range of markets could be expanded to help attract a larger base of traders
- Website layout feels too simple and a little outdated
Strengths
- Regulated by the SEC and FINRA
- Multiple types of assets available for trading
- Cryptocurrency trading available
- Active trader program offers competitive commissions
Weaknesses
- Product portfolio is somewhat limited