Brokerage Reviews | Best Discount Brokerages

Information to Help You Choose the Right Online Broker
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Our mission is to provide you with the most complete, accurate, and up to date information on the best online brokerages available. Are you using the right brokerage for your investment or trading style? We encourage you to take a look at some other brokers to decide for yourself.

Changing brokers, or opening a second brokerage account, could be one of the smartest investment decisions you ever make. If you don't have an online broker yet, you've come to the right place to make an informed decision.

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optionsXpress® is an award winning online brokerage that has some quite unique features. This is one of the few brokers that offers futures trading, helping investors diversify into yet another market type.


E*TRADE® is one of the most popular and well known online discount stock brokerages. Many of you are probably familiar with their advertising campaign which features the “E*TRADE Talking Babies” to help promote their services. E*TRADE is a publicly traded company under the symbol ETFC, and has a market capital of around $3 billion.


Scottrade® is a well established discount brokerage with a history going back 30 years now. This fact may not be obvious because of the relatively recent advertising you may have noticed for Scottrade. In fact, the company was started in 1980 and started offering online trading in 1996.

TD Ameritrade

TD Ameritrade® is one of the brokerages you will often see on TV commercials. Their large size and advertising budget enable them to do this. The problem with this type of broker is that additional budget results in higher commissions.


OptionsHouse® is an online brokerage that stands out from the rest by having an incredible $3.95 stock commission, as well as very low options commissions of up to 5 contracts for $5, or $8.50 + $0.15/contract! This is essentially the most inexpensive online brokerage out there at this time for most traders.


Questrade® is a Canadian owned and operated discount online brokerage. They are currently only accepting Canadians, U.S. citizens that are current residents in Canada, or Chinese citizens that apply in person in Canada. Questrade is quickly growing and receiving numerous accolades for their service, features and great pricing.


ChoiceTrade® is a super discount stock broker that offers a flat trade commission of only $5 for up to 500,000 shares.* There are no pricing restrictions or hidden fees, and no minimum per trade! This makes ChoiceTrade a very attractive and affordable option. In addition they are one of the few online brokers to offer a Direct […]


TradeKing® is a highly rated online broker that has won several awards from various investing publishers for both its trading tools and customer service. They offer a super low stock commission of $4.95 (Note: this applies to stocks over $1).


SogoTrade® is a deep discount online brokerage with a very low stock commission of $3 for stocks over $1/share. Options are also fairly cheap at $5 + 65 cents per contract. While the low commissions are attractive, you don’t get a whole lot in terms of features and available investment securities.


Our review of thinkorswim is in progress and coming soon. Check back soon! TDAmeritrade now owns thinkorswim, and offers it’s impressive platform to its clients. If you wish to learn a little about the thinkorswim trading platform, check out our TDAmeritrade review. Feel free to submit your own review below.

MB Trading

Our review of MB Trading is in progress and coming soon. Check back soon! Feel free to submit your own review below.

NOTE: Brokers are always ranked on the page by overall ratings, the position on the page doesn't necessarily reflect a broker's merits within a specific category. Please read the category description for our top category brokers. If you do not see a specific broker here we have not yet completed a full review, it hasn't made the cut, or does not fit within the category. Please check back for future updates!

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