Brokerage reviews from Reddit
Summary
We analyzed 346 Reddit reviews across 50 subreddits and 84 posts to rank the best Brokerage brands recommended by redditors, including communities like r/Bogleheads, r/thetagang, r/Daytrading, r/investing, r/eupersonalfinance. Top-rated brands include Fidelity (4.6/5), Interactive Brokers (4.4/5), Charles Schwab (4.2/5).
Stats
Reviews346
Subreddits50
Posts84
Brands93
Products4
346 reviews from
and
By Brand
/By Product
#1
Fidelity
4.6
(72)
"Fidelity hands down."
"I have Fidelity, and it literally takes 5 seconds online."
"Another vote for Fidelity. It’s just doing transfers between accounts, easy."
"Fidelity and vanguard are both easy."
"Fidelity has been easy."
"Fidelity"
"Fidelity was super easy to do a BDR."
"I have been doing mine with Fidelity and it has been pretty easy."
"I like Fidelity because you can automate everything. And it's free."
"Fidelity."
#2
Interactive Brokers
4.4
(49)
"IBKR is the best brokerage for options in Canada"
"If you trade usd etfs/stocks, use ibkr."
"Most Robust - IBKR"
"Interactive Brokers IBKR offers low fees, global access, and advanced tools."
"IBKR is best with lot of options in multiple countries."
"I would suggest to talk to their team, they reply pretty fast."
"IBKR is probably the most well-known and well-established broker worldwide."
"I’m 100% via IBKR on a low 7-digits portfolio, to me their track record, and structure, means peace of mind."
"IBKR has a long track record (from the 70s) and just increased their excess regulatory capital to ~12 billion usd."
"In my opinion Interactive Brokers are the best for Day Trading."
#3
Charles Schwab
4.2
(28)
"Can’t go wrong with Schwab, Fidelity, or Vanguard."
"Schwab、Fidelity"
"Schwab and fidelity are the most complete solutions out there imo."
"Fidelity and Schwab are the best imo. Both have extensive offerings and good educational/research material."
"Schwab is one of the best brokerage companies in the us."
"I started using schwab at 17, and it has been great."
"Schwab broker Think or Swim trading platform"
"Check out Schwab, Ibkr, E*Trade, Tradestation, Alpaca."
"I use Schwab for research and some investing."
"Schwab or Fidelity. Easier and faster to transfer money into your IRA from your bank account than Vanguard."
#4
Vanguard
4.5
(18)
"I would personally recommend Vanguard, as I use them."
"I use vanguard, easy."
"Vanguard takes less than 10 seconds."
"I did it just today at vanguard, very easy."
"I have mine at vanguard."
"I just really trust them"
"You asked about brokerage - Vanguard as you like their products."
"Vangaurd. Get the 2-3 most common funds."
"Vanguard or Fidelity"
"You can't go wrong with Vanguard, Fidelity or Schwab."
#5
Webull
4.3
(12)
"Webull is great and you get free stocks with this link"
"If you are just starting out, I highly recommend Webull."
"Use WS to buy your ETFs, it’s easy to use and it’s free and transferring couldn’t be easier."
"Ive been using webull, i like it alot."
"Im with webull too."
"Webull have lower margin req on only S&p 500 stocks and few index ETF like SPY,QQQ, IWM"
"Webull has sliding stops."
"I love Webull but you can’t open a long and short position in the same account."
"Go to webull🤷🏾♂️"
"Webull."
#6
Robinhood
3.9
(10)
"Robinhood, they’re easy to use, have no commissions, and offer great learning tools."
"Going by your first criteria, RobTheHood is your best bet."
"Robinhood, 3% match & you can pick your own stocks."
"Robinhood has been great, transferred my Schwab Roth account there."
"I really like Robinhood. I have a sizable chunk in Schwab but the ui really just is better on robinhood."
"I like Robinhood for their 3% contribution match."
"I use robinhood lol."
"Paid on Friday."
"Robinhood and Webull are popular options."
"Robinhood is great for zero/low transaction fees and the ability to buy fractional shares."
#7
Tastytrade
4.9
(7)
"Tastytrade is the answer for anything options related"
"Tastytrade for me. Fantastic."
"I've used IB, ToS and Tasty and I prefer Tastytrade."
"Tastytrade is the best, no doubt!"
"Tastytrade let’s you do complex options in an IRA."
"Tastytrade is great."
"Your best choices for 0dte is IBKR, Schwab, or Tasty."
#8
E*Trade
3.9
(8)
"Etrade or TOS."
"Check out Schwab, Ibkr, E*Trade, Tradestation, Alpaca."
"I have accounts on E*Trade and it’s pretty simple."
"E*Trade and I received mine."
"Etrade, pays out the midnight after market close."
"E*Trade has good options fees and a good platform."
"Etrade also has excellent checking and savings products via Morgan Stanley."
"Why does nobody ever vouch for Etrade?"
#9
Thinkorswim
4.4
(7)
"Think or Swim is the best platform hands down."
"ToS is great to use for charts and other analytic tools."
"Thinkorswim has the best scanner."
"If you are Looking for a more advanced charting set up thinkorswim is pretty tight."
"Etrade or TOS."
"ThinkOrSwim (if you’re a manual trader behind a desk) or TradeStation if you’re an algo automated trader."
"I use ThinkOrSwim."
#10
EnviFX
5.0
(6)
"Considering the quality and quantity of content, EnviFX is an excellent value."
"I can recommend EnviFX for your trading operations."
"EnviFX provides high leverage up to 1:500, lightning-fast execution."
"EnviFX is the best compared to everyone because it works smoothly."
"I recommend checking out EnviFX. Their platform is designed for fast execution."
"My recommendation is EnviFX.i have prevous lot of profit from them.u can count on this"
#11
Finqalab
4.1
(7)
"Finqalab is very user friendly and the instant deposit feature is amazing."
"Finqalab is very user-friendly"
"I've had good experience with Finqalab so I can recommend it."
"If you value a sleek user interface, go with Finqalab."
"Finqalab"
"Try finqalab or Ktrade. Finqalab is a bit higher fees but also have a portfolio tracking app which is free for finqalab users."
"Other brokerages are 0.15%, finqalab and next capital is 0.25%."
#12
IBKR
3.6
(5)
"Just use ibkr and justetf, and you will be ahead of 90% of investors."
"IBKR is the best allround and the moat reliable, but it is not as easy or polished as other brokers."
"I have yet to find a broker that is better than IBKR."
"IBKR has lower currency conversion fees but I had far more frustration moments using their product."
"20K+ IBKR safest and relatively low cost to other major players."
#13
Moomoo
4.0
(4)
"Moomoo offers pretty nice trading fee, 0.99 flat for us stocks and etfs."
"I would recommend moomoo for low trading fee."
"I’m high on MooMoo right now."
"MooMoo is quite informative for beginners."
#14
Fidelity Investments
4.0
(4)
"In my experience, nobody checks boxes like IBKR, Fidelity, and TT."
"Fidelity is a good one."
"I have 2 brokerage accounts, both at Fidelity."
"Fidelity is great but the app kind of sucks"
#15
Groww
3.8
(4)
"Groww & Zerodha"
"Groww (SoA form)"
"Groww has no amc. If you are not doing high frequency trading or options where profit converts to loss in matter of minutes, I think groww will suffice."
"Minimal Intraday and somewhat trading :- Groww, upstox"
#16
AMP
5.0
(3)
"Amp for sure."
"Same setup here with AMP. No complaints."
"Amp. Never had an issue, margins are back to normal ($40 MES, $100 MNQ)"
#17
Shoonya
4.7
(3)
"For Trading I am using Shoonya as they provide Zero brokerage and best service"
"So SHOONYA is best everything is free acc opening AMC all segments free"
"Shoonya has been a great alternative for me."
#18
M1 Finance
4.0
(3)
"M1 pays on Monday’s, RH Friday night."
"Their auto balancing pies are nice."
"M1 Finance."
#19
Trading 212
3.7
(3)
"I marginally prefer Trading212."
"Trading212 (mostly free, aside from some fx costs and more options than Revo."
"No broker is providing you with a free service."
#20
Chase
3.3
(3)
"Chase because I need to go to a branch occasionally and they’re everywhere."
"Chase wouldn't be my first choice for a brokerage but it's not terrible."
"It's not terrible."
#21
FSMOne
5.0
(2)
"FSMOne excel when you do big amount per trade."
"Found it to be the cheapest vs moomoo, tiger ($50+ fees)."
#22
Questrade
5.0
(2)
"Questrade and WS Trade are good brokerage choices for buy and hold ETF investors."
"If you buy and hold USD stocks etfs, use questrade."
#23
Bank of America
4.5
(2)
"Upvoting Fidelity, Schwab, and Vanguard, but also people should know about the powerhouse combo of having Merrill Lynch and Bank of America."
"I use Bank of America with Merrill Lynch."
#24
eXp Realty
4.5
(2)
"The training and mentorship program is unreal."
"EXP, Remax, and KW are your best options."
#25
Ally Invest
4.5
(2)
"I really like Ally. So easy to move money between accounts."
"I use Ally Invest and got it Saturday at 4am."
#26
Driven
4.5
(2)
"My agent from Driven actually pulled me out of the mess."
"One of the brokers I work with, is from Driven and he focuses on Dubai Hills Estate."
#27
TradeStation
4.0
(2)
"ThinkOrSwim (if you’re a manual trader behind a desk) or TradeStation if you’re an algo automated trader."
"Check out Schwab, Ibkr, E*Trade, Tradestation, Alpaca."
#29
Zerodha
4.0
(2)
"Groww & Zerodha"
"Zerodha Coin (Demat Form)"
#30
Wealthsimple
4.0
(2)
"If you buy and hold cad stocks/etfs, use wealthsimple."
"Moving your investments to Wealthsimple is surprisingly simple."
#31
Arif Habib Limited
4.0
(2)
"App is quite good"
"Arif habib limited, bma capital."
#32
AKD
4.0
(2)
"People highly suggesting AKD, Js Global & Next capital."
"I am using AKD, Arif Habib has somewhat same app, both are very reliable."
#33
Tradovate
4.0
(2)
"Tradovate. Merge it with TradingView."
"It has a Mac native app. But… it works great for me."
#34
Keller Williams
4.0
(2)
"EXP, Remax, and KW are your best options."
"Choose the brokerage with the best hands-on, in-person training program."
#35
Revolut
4.0
(2)
"Stick to Revolut (1 transaction per month for free, plus some ETFs for free in general."
"Offer no fees brokerages that serve Lithuanians."
#36
Ninjatrader
4.0
(2)
"Personally I use ninja trader. I’m also a beginner and started at beginning of this year."
"If you are based in Ontario, Ninjatrader OR Tradovate can open your account"
#37
TD Ameritrade
4.0
(2)
"I use thinkorswim for trading options."
"I loved TD Ameritrade for CSP’s and CC’s."
#38
Trading Technologies
5.0
(1)
"In my experience, nobody checks boxes like IBKR, Fidelity, and TT."
#39
Tastyworks
5.0
(1)
"In my experience nobody comes close to tastyworks."
#40
NBDB
5.0
(1)
"I'd suggest NBDB. No trading fees."
#41
DragonFi
5.0
(1)
"Go with DragonFi kasi free lng yung deposit and widrawal nila, beginner friendly din."
#42
Discount Trading
5.0
(1)
"Discount Trading. Been around for about 30 years. They have the most popular platforms. Low fees, low margins, and great service."
#43
Profound Properties
5.0
(1)
"They did a really good job and helped me sell mine"
#44
Bennie
5.0
(1)
"We used them across the US and our employees liked their service."
#45
OneDigital
5.0
(1)
"I *love* OneDigital- I have a great rep and I can really count on them."
#46
Gallagher
5.0
(1)
"Gallagher has made my job much simpler."
#47
Stake
5.0
(1)
"Just go with Stake? It's $5! 🙂"
#48
PM
5.0
(1)
"Open an account with PM and buy direct."
#49
Schwab
4.0
(1)
"I use Schwab. It’s easy enough. Fidelity is a bit clunky."
#50
JPMorgan Chase
4.0
(1)
"I use JP Morgan Chase and everything is on one site."
#51
Regional Brand
4.0
(1)
"Look for a broker that has a solid education program AND people who will help you on your first few deals."
#52
Centerpoint Securities
4.0
(1)
"Centerpoint securities or ibkr"
#53
Merrill Edge
4.0
(1)
"I use Merril Edge, as its on same web page as my bank, BOFA."
#54
Powertrade
4.0
(1)
"Powertrade by etrada."
#55
Citigold
4.0
(1)
"I'll be the odd one out here and vouch for Citigold."
#56
T. Rowe Price
4.0
(1)
"I use T Rowe Price for mutual funds."
#57
Ally
4.0
(1)
"I like ally."
#58
SoFi
4.0
(1)
"Surprised more people don't suggest SoFi."
#59
HDFC Securities
4.0
(1)
"For investing only :- Groww,HDFC securities"
#60
Angel One
4.0
(1)
"High trading :- Angel One and Dhan"
#61
Dhan
4.0
(1)
"High trading :- Angel One and Dhan"
#62
CMC Invest
4.0
(1)
"From my research I found that cmc invest is super popular with low fees."
#63
Pearler
4.0
(1)
"Mainly ETFs and looking to buy and hold? Pearler all day."
#64
CIBC Investors Edge
4.0
(1)
"As for brokerage I find Cibc investersedge decent with low fees per trade."
#65
Ironbeam
4.0
(1)
"I love the Quantower UI, so I use Ironbeam but there’s lots of good options: Amp, EdgeClear, Optimus."
#66
Provident
4.0
(1)
"Provident and they have an office in the hills as well."
#67
Coldwell Banker
4.0
(1)
"I used someone from Coldwell and that turned out well."
#68
Etagi
4.0
(1)
"I work with Etagi, a brokerage with a strong presence in Dubai."
#69
Wealthfront
4.0
(1)
"Wealthfront is good if you’re new."
#70
RE/MAX
4.0
(1)
"EXP, Remax, and KW are your best options."
#71
iInvest
4.0
(1)
"IInvest"
#72
JS Global
4.0
(1)
"JS Global is pretty good too"
#73
Syed Faraz Equities
4.0
(1)
"I'm satisfied with the overall experience"
#74
Lightyear
4.0
(1)
"Lightyear has the better UI."
#75
National Bank Direct Brokerage
4.0
(1)
"National Bank Direct Brokerage also offers commission free trading."
#76
Alpaca
4.0
(1)
"Check out Schwab, Ibkr, E*Trade, Tradestation, Alpaca."
#77
Merrill
4.0
(1)
"Merrill is pretty easy too. Just an online form and you wait a day or two."
#78
Forex.com
4.0
(1)
"Forex.com, Oanda."
#79
USI
4.0
(1)
"USI….but I had great brokers there."
#80
XTB
4.0
(1)
"Im with XTB and will also start an IBKR account from next year."
#81
CIBC
4.0
(1)
"Like the convenience and support I get by having most of my banking and investments inside CIBC."
#82
Avatrade
4.0
(1)
"Very good platform (Avatrade) Withdrawal takes 1 day"
#83
Rakuten
4.0
(1)
"Rakuten and SBI tend to have the better websites and more options."
#84
CME Group
4.0
(1)
"You can try CMEG? They have a good bonus going on from there cayman entity."
#85
TD Ameritrade Thinkorswim
4.0
(1)
"Imo Thinkorswim has the best / fastest fills and i can execute orders on a dime."
#86
US Brokerage
3.0
(1)
"The only brokerage you should get is one in America."
#87
Upstox
3.0
(1)
"Minimal Intraday and somewhat trading :- Groww, upstox"
#88
Public
3.0
(1)
"Public is decent and you can maximize on rebates for contracts."
#89
Vested
3.0
(1)
"Decent enough - Vested."
#90
Scalable Capital
3.0
(1)
"How about Scalable Capital?"
#91
GoTrade
3.0
(1)
"I currently use GoTrade. Like you, I have inhibitions also because it is a relatively new platform."
#92
Alpaca Markets
3.0
(1)
"Personally, I'd try Alpaca, and then try IBRK only if necessary."
#93
Trade Republic
2.0
(1)
"Support sucks."
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