Online Broker Review: 2011
Discount Broker Reviews
tradeMONSTER Review
tradeMONSTER has been around since October 2008 and is one of the newest competitors in the discount broker world. The service is owned by financial media company optionMONSTER, a company that publishes financial market analysis and commentary. You might be familiar with the optionMONSTER co-founders Jon Najarian and Pete Najarian, or Dirk Mueller. The Najarian [...]
OptionsXpress Review
OptionsXpress is celebrating their 10 year anniversary this year (2011), and looking back, it’s clear they’ve wasted no time climbing to the very top of several broker ratings (including ours here at the Online Broker Review). Other review boards that have awarded them the top spot in the past include Barrons, Forbes and Kipplingers. Originally [...]
Scottrade Review
Scottrade is a veteran in the discount broker niche after more than 30 years in business. They’ve gained a consistent reputation for having an insanely high level of customer satisfaction. They offer a wide range of investment vehicles and personal support at 496 branches across the U.S. What they offer: $7 trades, fast executions, low margin rates, [...]
Zecco Review
Zecco stands for “Zero Cost Commission” trading. Their platform has been around since 2006 and is based in San Fransisco, California. Zecco is famous for their 10 free trades per month offer and the ZeccoShare social network. What they offer: No minimum to open an account, $4.50 trades, good customer service, and a thriving social [...]
OptionsHouse Review
OptionsHouse, LLC was founded in 2005 and is owned by PEAK6 Investments, a market maker that has been in the options and derivatives business for years, and is one of Chicago’s best and brightest companies. For the past 2 years (2009 &2010), they have been ranked “Best for Options Traders” by Barron’s. What they offer: [...]
E*Trade Review
E*Trade is a pioneer of the discount brokerage market. They’ve been around since 1982, and are arguably the most popular and well known of all online brokers. Over the years they’ve continued to impress the pundits and regularly receive awards in excellence from the major reviewers like Smart Money and Barron’s. What they offer: $9.99 [...]
Sharebuilder Review
Sharebuilder was founded in 1996 as NetStock Direct and purchased by ING Direct in 2007. Their claim to fame is their automatic investment service for buying stock, ING mutual funds (Class O) and ETFs for beginner – novice investors. What they offer: Sharebuilder is great if you’re a long-term investor and would like to set up [...]
TradeKing Review
has only been around since December 2005, and they’ve wasted no time carving out a reputation as a serious power player in the discount broker niche. They have recently been setting the pace for innovation in the online broker space, and early this year (2011) finally rolled out their mobile trading apps for Blackberry, iPhone [...]
Questrade Review
Quick Reference: If you’re searching for an up-to-date Questrade promo code, use the code QUESTRADER to get $50 in free trades (Click here to activate) Questrade has been around since 1999 and is holding a strong position as Canada’s fastest growing online discount broker. They’ve recently been exploding in popularity in Canada, where the competition [...]