A discount broker is an online broker with rock-bottom pricing. These discount brokerages will help you keep transaction costs down without hindering your trade capabilities.

That kind of low commission is especially notable for a broker this well-rounded: Fidelity also offers a large list of commission-free ETFs and no-transaction-fee mutual funds, and the best selection of research in the business.

We guess the only thing better than discount is free, and Robinhood delivers on that. Robinhood also offers margin trading for a flat fee based on debit balance.

These brokers offer very low commissions and contract fees on options trades. OptionsXpress is built for options traders.

Best Brokerage Firms: Top Rated Discount Online Stock Brokers

The fine print is in the fees: But to present some additional options, Interactive Brokers and TradeKing easily fall next in line. Ally Investformerly known as TradeKing, has no inactivity fee. These brokers offer a number of commission-free ETFs and no-transaction-fee mutual funds. Charles Schwab is discount stock brokers review only broker that received five stars from us for both no-transaction-fee mutual funds and commission-free Forex trading allowed in india — the company offers over 3, and overrespectively.

The company also has over commission-free ETFs. But the broker offers discount stock brokers review of the best trading platforms in the business to all customers, free of charge.

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Best Discount Brokers - NerdWallet

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Best Online Brokers for Stock Trading - NerdWallet

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Best Discount Brokers - NerdWallet

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About Company Press Careers Leadership. Terms of Use Privacy Policy. No-frills, free trading app for beginners. Significant discounts for high-volume traders. Discounts for frequent traders; among best platforms. Impressive platform and research; low commissions. Large selection of commission-free ETFs and funds.