Online Broker Comparison Part 1

Online Broker Comparison Part 2 »

tradeking logo11 Online Broker Comparison Part 1Scottrade logo1 Online Broker Comparison Part 1td ameritrade Online Broker Comparison Part 1fidelity Online Broker Comparison Part 1optionshouse logo Online Broker Comparison Part 1
Apply NowApply NowApply NowApply NowApply Now
Special Gift
Special Gift: The gift you will receive when opening a new account.
Refund transfer fees up to $150
Up to $ 2000 cash back
60 days fee free + up to $600
Trade fee free for a full year
Trade Free For 60 Days
Fees
TradeKingScottradeTD AmeritradeFidelityOptionshouse
Account Service Fee
Account Service Fee: This is the monthly fee charged by the brokerage firm for maintaining the account
00000
Minimum Opening Amount
Minimum Opening Amount: The minimum amount required to open an account
0500025001000
Stock Trading Fee
Stock Trading Fee: The fee charged by the brokerage firm for executing a stock trade
4.957.009.997.954.95
Mutual fund fee
Mutual fund fee: The fee to buy or sell a fund
$ 9.95$ 17$ 49.99$ 75$ 20
Options fee
Options fee: The fee charged by the brokerage firm for executing an option trade
$ 4.95$ 7$ 9.99$ 7.95$ 1
Fee per options contract
Fee per options contract: The fee charged by the brokerage firm for each options contract
$ 0.65$ 1.25$ 0.75$ 0.75$ 1
Bond fee
Bond fee: The fee charged for trading bonds
$ 4$ 35-$ 1-
Treasury bond fee
Treasury bond fee: The fee charged for trading treasury bonds
$ 24.95$ 0$ 25$ 0-
External transfer fee
External transfer fee: The fee charged for transferring from an investment account to an external account
$ 50$ 75$ 75.00$ 0$ 50
Future contract commission
Future contract commission: The fee charged for trading futures
-$ 0$ 2.25--
Broker assisted trades fee
Broker assisted trades fee: The free charged for a company broker to help an investor with trades
$ 4.95$ 32$ 44.99$ 32-
Inactivity Fee
Inactivity Fee: This fee will be calculated by the online broker.
$50, if account balances below $2,500 AND no trades in the last 12 months--$ 0-
Press button to open accountApply NowApply NowApply NowApply NowApply Now
Tradeable Securities
TradeKingScottradeTD AmeritradeFidelityOptionshouse
Stock
Stock: A type of security that signifies ownership in a corporation and represents a claim on part of the corporation’s assets and earnings.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Bonds
Bonds: A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used by companies, municipalities, states and U.S. and foreign governments to finance a variety of projects and activities. Bonds are commonly referred to as fixed-income securities.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Mutual funds
Mutual funds: An investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund\'s capital and attempt to produce capital gains and income for the fund\'s investors. A mutual fund\'s portfolio is structured and maintained to match the investment objectives stated in its prospectus.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
ETFs
ETFs: Security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Options
Options: The right, but not the obligation, to buy (for a call option) or sell (for a put option) a specific amount of a given stock, commodity, currency, index, or debt, at a specified price (the strike price) during a specified period of time. For stock options, the amount is usually 100 shares. Each option has a buyer, called the holder, and a seller, known as the writer. (Investorguide)
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Futures
Futures: A financial contract obligating the buyer to purchase an asset (or the seller to sell an asset), such as a physical commodity or a financial instrument, at a predetermined future date and price. Futures contracts detail the quality and quantity of the underlying asset; they are standardized to facilitate trading on a futures exchange. Some futures contracts may call for physical delivery of the asset, while others are settled in cash. The futures markets are characterized by the ability to use very high leverage relative to stock markets. Futures can be used either to hedge or to speculate on the price movement of the underlying asset. For example, a producer of corn could use futures to lock in a certain price and reduce risk (hedge). On the other hand, anybody could speculate on the price movement of corn by going long or short using futures.
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Commodities
Commodities: 1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it is essentially uniform across producers. When they are traded on an exchange, commodities must also meet specified minimum standards, also known as a basis grade. 2. Any good exchanged during commerce, which includes goods traded on a commodity exchange.
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
International investments
International investments: The strategy of selecting globally-based investment instruments as part of an investment portfolio. International investing includes such investment vehicles as mutual funds, American Depository Receipts, exchange-traded funds (ETFs) or direct investments in foreign markets. People often invest internationally for diversification, to spread the investment risk among foreign companies and markets; and for growth, to take advantage of emerging markets.
-checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Precious metals
Precious metals: A classification of metals that are considered to be rare and/or have a high economic value. The higher relative values of these metals are driven by various factors including their rarity, uses in industrial processes and use as an investment commodity. Precious metals include, but are not limited to: gold, silver, platinum, iridium, rhodium and palladium.
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Forex
Forex: The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.
checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Annuities
Annuities: A financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. Annuities are primarily used as a means of securing a steady cash flow for an individual during their retirement years.
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
CDs
CDs: Certificate Of Deposit. A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term of a CD generally ranges from one month to five years.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Indiviual Retirement Account
TradeKingScottradeTD AmeritradeFidelityOptionshouse
IRAs
IRAs: Individual Retirement Account. An investing tool used by individuals to earn and earmark funds for retirement savings. There are several types of IRAs: Traditional IRAs, Roth IRAs, SIMPLE IRAs and SEP IRAs. Traditional and Roth IRAs are established by individual taxpayers, who are allowed to contribute 100% of compensation (self-employment income for sole proprietors and partners) up to a set maximum dollar amount. Contributions to the Traditional IRA may be tax deductible depending on the taxpayer\'s income, tax filing status and coverage by an employer-sponsored retirement plan. Roth IRA contributions are not tax-deductible.
YesYesYesYesYes
Rollover IRA
Rollover IRA: A transfer of funds from a retirement account into a Traditional IRA or a Roth IRA. This can occur either through a direct transfer or by a check, which the custodian of the distributing account writes to the account holder who then deposits it into another IRA account.
xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Roth IRAs
Roth IRAs: An individual retirement plan that bears many similarities to the traditional IRA, but contributions are not tax deductible and qualified distributions are tax free. Similar to other retirement plan accounts, non-qualified distributions from a Roth IRA may be subject to a penalty upon withdrawal.
xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
IRA no maintenance fees
IRA no maintenance fees: IRAs for which no maintenance fee is charged
xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
IRA Setup Fee
IRA Setup Fee: This amount will be withdrawn of your IRA account after it\'s been setup
$ 0$ 0$ 0$ 50$ 0
IRA Annual Fee
IRA Annual Fee: This amount will be yearly withdrawn of your IRA account
00025.000
IRA Termination Fee
IRA Termination Fee: This amount will be withdrawn when you terminate the IRA account
$ 50$ 0$ 0$ 50$ 20
Minimum retirement amount
Minimum retirement amount: The minimum amount required to open a retirement account
$ 0$ 500$ 0$ 2,500$ 1000
Margin accounts
Margin account minimum
Margin account minimum: Federal regulations require at least $2000 to open a margin-enabled account.
$ 2000$ 2000$ 2000$ 2000$ 2000
Margin rate at $50k
Margin rate at $50k: The interest rate that a broker charges for amounts (in this case $ 50k) borrowed for the purpose of buying on margin
6.75%6.75 %7.50%7.07%3%
Margin rate at $10k
Margin rate at $10k: The interest rate that a broker charges for amounts (in this case $ 10k) borrowed for the purpose of buying on margin
7.75%7.50 %8.75%8.08%4%
Click Apply to get your accountApply NowApply NowApply NowApply NowApply Now
Global Stock Exchanges
TradeKingScottradeTD AmeritradeFidelityOptionshouse
Asia stock exchange
Asia stock exchange: Asian stock exchanges
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Australia stock exchange
Australia stock exchange: Australian stock exchange
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Canada stock exchange
Canada stock exchange: Canadian stock exchange
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Europe stock exchange
Europe stock exchange: European stock exchange
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Mexico stock exchange
Mexico stock exchange: Mexican stock exchange
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
South America stock exchange
South America stock exchange: South American stock exchange
xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Tools
Account alerts
Account alerts: Alerts are messages sent when something important occurs with your account, when the market criteria you set for a security is met, or when they are regularly scheduled to update you on your account.
xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Independent investment research
Independent investment research: Independent work done to study the performance of stocks, shares etc, usually as a guide to what investments to make
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Portfolio performance analysis
Portfolio performance analysis: The analysis of portfolio data or information to help in the acceleration of performance
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Portfolio watchlist
Portfolio watchlist: A portfolio watchlist is a list of securities that you are currently interested in. Watchlists are a good way of storing your preferred stocks and over viewing their performance
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Retirement and savings calculator
Retirement and savings calculator: A calculator that will allow you to plan your personal finances (after retirement), with inflation taken into consideration. A calculator gauges your annual balance with and/or without an inflation adjustment. A retirement calculator also computes the amount you can retrieve monthly after your retirement.
checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Stop and conditional orders
Stop and conditional orders: Stop: An order to buy or sell a security when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor\'s loss or locking in his or her profit. Once the price surpasses the predefined entry/exit point, the stop order becomes a market order. Conditional: A type of order that will be submitted or canceled if set criteria are met, which are defined by the trader/investor entering the order. This allows for a greater customization of the order to meet the specific needs of the investor.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Streaming quotes and charts
Streaming quotes and charts: A computer-based quotation system in which security and/or futures prices are continuously updated in real time.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Apply to open accountApply NowApply NowApply NowApply NowApply Now
Mobile trading
TradeKingScottradeTD AmeritradeFidelityOptionshouse
Android app
Android app: A mobile software application developed for use on devices powered by Google\'s Android platform. Android apps are available in the Google Play Store (formerly known as the Android Market), in the Amazon Appstore and on various Android App-focused sites, and the apps can run on Android smartphones, tablets, Google TV and other devices.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Blackberry app
Blackberry app: A mobile software application developed for use on Blackberry devices. Applications and themes can be loaded onto BlackBerry devices through BlackBerry World, Over The Air (OTA) through the BlackBerry mobile browser, or through BlackBerry Desktop Manager.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Ipad app
Ipad app: A software application developed for use on Apple\'s original iPad device as well as later iPads like the iPad 2 and iPad 3. iPad apps are available through the Apple App Store and are designed to run on Apple\'s iOS mobile operating system, which powers the iPad as well as Apple\'s iPhone and iPod Touch devices
checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Iphone app
Iphone app: A software application developed for use on Apple\'s iOS-powered iPhone devices. iPhone apps are available through the Apple App Store and are designed to run on Apple\'s iOS mobile operating system, which powers the iPhone as well as Apple\'s iPad and iPod Touch devices.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Mobile site
Mobile site: The mobile web refers to access to the world wide web, i.e. the use of browser-based Internet services, from a handheld mobile device, such as a smartphone or a feature phone, connected to a mobile network or other wireless network.
YesYesYesYesYes
Protection
Asset protection (FDIC)
Asset protection (FDIC): Federal Deposit Insurance Corporation. The U.S. corporation insuring deposits in the U.S. against bank failure. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices. The FDIC will insure deposits of up to US$250,000 per institution as long as the bank is a member firm.
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1xmark Online Broker Comparison Part 1
Asset protection (FDIC) insurance
Asset protection (FDIC) insurance: Federal Deposit Insurance Corporation. The U.S. corporation insuring deposits in the U.S. against bank failure. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices. The FDIC will insure deposits of up to US$250,000 per institution as long as the bank is a member firm.
$ 250,000$ 250,000-$ 250,000-
Asset protection (SIPC)
Asset protection (SIPC): Securities Investor Protection Corporation. A nonprofit corporation created by an act of Congress to protect the clients of brokerage firms that are forced into bankruptcy. Members to the SIPC include all brokers and dealers registered under the Securities Exchange Act of 1934, all members of securities exchanges and most NASD members. SIPC is an insurance that provides brokerage customers up to $500,000 coverage for cash and securities held by the firm (although coverage of cash is limited to $250,000).
checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1checkmark Online Broker Comparison Part 1
Asset protection (SIPC) insurance
Asset protection (SIPC) insurance: Securities Investor Protection Corporation. A nonprofit corporation created by an act of Congress to protect the clients of brokerage firms that are forced into bankruptcy. Members to the SIPC include all brokers and dealers registered under the Securities Exchange Act of 1934, all members of securities exchanges and most NASD members. SIPC is an insurance that provides brokerage customers up to $500,000 coverage for cash and securities held by the firm (although coverage of cash is limited to $250,000).
$500,000 (including $250,000 for claims of cash)$500,000 (including $250,000 for claims of cash)$500,000 (including $250,000 for claims of cash)$500,000 (including $250,000 for claims of cash)$500,000 (including $250,000 for claims of cash)
Other asset protection
Other asset protection: Other protections for the clients of brokerage firms that are forced into bankruptcy
--Additional protection through Lloyd's of London and other London insurersmutual funds protectionAdditional protection
Education savings account
Education Savings Plans
Education Savings Plans: Education savings plans include things like Coverdell, 529 plans and custodial accounts that can be used for the purpose of saving money for college education.
YesYesYesYesYes

Online Broker Comparison Part  2 »