The quality of brokerage account services has really come a long way over the past 20 years, even while costs have shrunk to almost nothing. If you’re paying more than about $10 per trade … frankly, you’re doing it wrong.
Whether your beat is day trading or long-term stock trading, there has never been a better time to be an investor. Today, your biggest challenge is simply choosing where to open your brokerage account. There are so many quality brokers, it can be a little overwhelming.
What makes the “perfect” brokerage account will vary from investor to investor. An active options trader will have far different needs than a buy-and-hold dividend investor. So this isn’t a case in which one size fits all.
In our Broker Center, we’ll help you figure out which brokerage account is best for you. Check out the table and commentary below to learn more about your options.