Compare the Best Online Discount Brokerage Firms
Before anyone can start investing online they first need to find an online brokerage firm. This is a very important step because the last thing you want to do is pay higher fees than you need to.
To help you out with this step we have compared the best discount online brokerage firms. We compared a variety of brokers and based our recommendations on account minimums, trading fees, account fees and several others factors.
After our research we came to the conclusion that the best discount brokerage firm online is TradeKing. TradeKing offers no account minimums and no fee IRAs. They are easily one of the lowest stock trading fees of any online brokerage firm. You can buy stocks for only $4.95!
Top Discount Online Brokerage Firms
| Brokerage Firm | Account Min. | IRA Min | Market Order |
| TradeKing | None | None | $4.95 |
| E-Trade | $1,000 | None | $12.99 |
| Scottrade | $500 | $500 | $7.00 |
| TD Ameritrade | $2,00 | None | $9.99 |
| Fidelity | $2,500 | $2,500 | $19.95 |
As you can see TradeKing offers the lowest price on market orders at $4.95. They also require no account minimum for a normal trading account or for an IRA account. Tradeking is able to offer discount brokerage rates because they don't spend millions on advertising which allows you to get much lower rates and it turn increase your investment return.
Our goal was to Compare the Best Discount Online
Brokerage Firms and give you an unbiased opinion of
which is Top Discount Online Brokerage Firm available.
We hope this has helped you to get your online investing
started.