Make the change today.. Or, open a second account!
These brokers offer direct access trading platforms, allowing you to route your orders to ECNs/Market Makers of choice. This cuts out the middle-man and results in faster executions and usually lower commissions. Our top picks in this category are ChoiceTrade and E*TRADE.
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.
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 [...]
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 MB Trading is in progress and coming soon. Check back soon! Feel free to submit your own review below.
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