Full-service brokers employ human brokers who help you trade, choose mutual funds, or create a retirement plan. Additionally, Webull allows you to trade fractional shares, letting you buy stocks and ETFs for as little as $5, making it accessible for investors with smaller budgets. If you’re looking for a feature-rich platform that doesn’t break the bank, Webull is definitely worth a look. Charles Schwab takes the crown as the #1 Overall Broker of 2025, and for good reason — it offers a tailored solution for every type of investor, no matter your experience level or investment goals.
Silver—RBC Direct Investing
Any action you take based on the information found on cgaa.org is strictly at your discretion. CGAA will not be liable for any losses and/or damages incurred with the use of the information provided. Tasha Schumm is a skilled writer with a passion for simplifying complex topics. With a focus on corporate taxation, business taxes, and related subjects, Tasha has established herself as a knowledgeable and engaging voice in the industry. Her articles cover a range of topics, from in-depth explanations of corporate taxation in the United States to informative lists and definitions of key business terms. For our reviews, we look at each broker’s self-reported execution quality, which is defined as the percent of a broker’s orders that are executed at or better than the National Best Bid and Offer.
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Groww is the largest broker in India in terms of the total number of active clients. However, other traditional brokers like ICICI Direct, Angel Broking, Sharekhan, etc are older and more popular. In terms of valuation or market cap, ICICI securities is the largest stockbroker in India. Other stockbrokers like Zerodha is also more profitable than Groww as of 2024.
Easiest Stock Screener Tool!
- Some of the best brokers on our list—Charles Schwab, Fidelity and IBKR—don’t charge for withdrawals.
- Some firms are doubling down on marketing instead of platform development.
- These brokers allow you to buy stocks yourself through their websites or trading platforms, often with no fee or commission.
- Please note that Comparebrokers.co may have financial relationships with some of the merchants mentioned here and may be compensated if consumers choose to click the links located throughout the content on this site.
- You can access robo-advisory services and trade during extended hours.
Explore our full breakdown of investor experiences to learn more about how this platform can help you start strong. At Surviscor, we define a new investor in Canada as someone who’s just starting out investing by themselves. Maybe you’re a rookie, a newbie or simply curious about managing your own investments. You don’t need to know everything; you just need the desire to learn and grow.
Tools, Education, Research
We also consider the experience of actually using the features offered by each broker. Bankrate analyzed dozens of brokerage firms to help you find the best brokers for online stock trading. Here are our top picks due to their low costs, strong research and education offering as well as high-quality customer experience.
Some brokers even offer on-call customer support teams, live chat functions, or clear and in-depth instructions on how to use investment products responsibly. With a total of 24.8 million active brokerage accounts and $200 billion in total customer assets, Robinhood has made a significant impact on the investment industry since its founding in 2013. In October 2020, Charles Schwab acquired TD Ameritrade in a deal worth $22 billion, forming one of the biggest online brokerages with nearly $6 trillion in client assets from 28 million brokerage accounts.
- Still, while every brokerage firm is typically a broker-dealer, not every broker-dealer represents a brokerage firm.
- Their user-friendly online trading platform, backed by in-depth analysis and innovative tools like Research 360 (R360), helps investors to invest and trade confidently in the volatile market.
- Once a consistent category leader, Qtrade appears to have lost some momentum, particularly when it comes to enhancing its digital platforms.
- This guide is designed to help you find the right fit based on how you want to trade and invest.
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Those include everything from personal financial planning to insurance, estate planning, retirement planning, accounting services, tax advice, and more. Investopedia’s team of industry experts is constantly delighted by IBKR’s innovative enhancements that just make so much sense from a purist’s perspective. IBKR’s latest product innovation is IBKR Desktop, a next-generation platform that combines a simple user interface with many of the company’s powerful trading solutions.
This means you can trade options without incurring any additional fees. As of May 2025, Charles Schwab held $9.89 trillion in client assets, with a total of 37.3 million active brokerage accounts. It also operates Schwab Bank, one of the largest banks in the U.S., which allows its brokerage clients to link their trading accounts with a checking account. As of March 2024, IG Group had £10.1 billion in assets under management and served over 267,000 clients.
Canada was ranked the fifth-most investment-curious country in a recent study, with higher-risk investments like stocks and crypto leading… See the full comparison tool of the best 15 online brokers in Canada to see how they stack up. For seasoned investors who value stability, a well-established platform, and comprehensive service, TD Direct Investing remains a strong and dependable choice—just one that may come at a premium. Questrade is the runner-up in overall digital trading experience for 2025, scoring 50 points—down five points from 2024, and narrowly ahead of Qtrade Direct Investing by a single point.
This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website. By comparing these essential features, you can choose a Large Brokerage Investment Platforms broker that best suits your needs and preferences for Large Brokerage Investment Platforms. Our Large Brokerage Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision. With initiatives like Nudge and Kill Switch, we don’t just facilitate transactions, but actively help you do better with your money.
It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Largest Brokerage Firms. Ensure that your broker is transparent with fees and those dues are competitive. We hope this list will assist you in making an informed decision when researching Largest Brokerage Firms. According to Investopedia’s latest Reader Survey, our readers revealed that they still own their favorite stocks, despite tariff and recession-related worries being among their top concerns.
For active traders, the desktop platform delivers advanced charting and technical analysis tools that few competitors can match. Whether you’re a beginner opting for the Lite plan or a largest online brokers pro trader choosing the Pro plan, Interactive Brokers has a platform built to fit your needs. Beyond its $0 stock and ETF commissions, Interactive Brokers stands out for its low margin rates, which are among the most competitive we’ve reviewed. That makes it a strong choice for margin traders looking to keep borrowing costs down.
IBKR is best for advanced traders who will benefit from complex tools and sophisticated portfolio analysis. Visit our full review of Interactive Brokers for a more general overview of its offerings in the United States and around the globe. In short, our rankings are based on data, real experiences and a whole lot of clicking, testing and analyzing—so you can make confident choices about where to invest. No matter your investor profile, TD Direct Investing remains one of the most complete and reliable options available. The platform lacks account notification functionality and delivers a noticeably weaker mobile account experience compared to its desktop counterpart. Questrade continues to lead in overall digital account experience in 2025, earning 35 points—one point higher than in 2024—and finishing six points ahead of runner-up Scotia iTRADE.
Other notable features of this broker are access to international markets and fractional share investing. Since its founding in 1946, Fidelity has grown to become the largest provider of 401(k) retirement savings plans in the United States. Westpac Share Trading offers Australians access to a broad selection of investment markets while maintaining CHESS sponsorship for direct share ownership. Investors can trade across 25 exchanges, with a strong focus on research and education.