Best brokers on Reddit

102 reviews from r/FuturesTrading, r/investing, r/personalfinance and 22 more subreddits

102 reviews from
and
By Brand
/
By Product
#1

Fidelity

4.7
(10)
"Great personal customer service with rollovers or transfers, no restrictions on products like Vanguard, and they offer fractional shares."
·
"Fidelity offers no fees for IRAs and a massive selection of low-cost mutual funds and ETFs."
·
"I have Roth and traditional IRA, with a cash management taxable brokerage account linked together on one dashboard."
·
"Fidelity has very low fees for funds, ETFs, stock trading, and fiduciary advice counseling."
·
"The big three low cost brokerages are Vanguard, Fidelity, and Schwab."
·
"Offer index funds that are virtually identical to Vanguard's"
·
"You can get an indexed target date fund at Fidelity, so you can do it all there"
·
"I've had my money with Fidelity since leaving my job."
·
"Fidelity has mutual funds equivalent to VTSAX and VTIAX but no ETFs"
·
"Great very-low-cost index funds"
#2

Vanguard

4.9
(8)
"Vanguard is identical to Fidelity in terms of fees and product offerings."
·
"The big three low cost brokerages are Vanguard, Fidelity, and Schwab."
·
"Automatic/scheduled recurring mutual fund redemptions and withdrawals"
·
"Vanguard’s index fund ETFs are still the default"
·
"Invented index investing and brought them to the masses"
·
"Ultra-low-cost and indexing is the focus"
·
"Mostly offers index funds especially for the most popular investing categories"
·
"I've used Vanguard as well."
#3

IBKR

4.6
(8)
"In terms of fees IBKR is superior."
·
"Best all-round for Switzerland"
·
"Quality"
·
"Great"
·
"I use IBKR for investing in US ETFs."
·
"Great net graph showing Year to date showing rates for return etc. Ability to day trade. Dirt cheap commission fees (free if US) and FX fees (similar to the Visa/Mastercard FX fees)."
·
"I recommend IBKR as an alternative."
·
"IBKR is good but their margins are very high."
#4

Schwab

4.7
(6)
"Schwab also has no fees for IRAs and provides a great selection of investment options."
·
"The big three low cost brokerages are Vanguard, Fidelity, and Schwab."
·
"Schwab has free trades and a great 3rd party cd market. Their investor checking account also is the best atm card that exists in my book."
·
"Offer index funds that are virtually identical to Vanguard's"
·
"Schwab has an American market ETF but no single American option"
·
"Great very-low-cost index funds"
#5

DeGiro

4.5
(4)
"Great"
·
"No problems"
·
"Seems the middle ground for you."
·
"Good options"
#6

Edgeclear

4.7
(3)
"None"
·
"The best"
·
"Edgeclear allows setting a daily loss limit, which is a huge advantage."
#7

Ironbeam

4.7
(3)
"DOM ladder regarding market execution"
·
"Very fast, good fills. Their platform is very lightweight and easy to execute on."
·
"Ironbeam is a good option too."
#8

Interactive Brokers

4.3
(3)
"Interactive Brokers is a popular choice among the expat community because they have a wide international reach and offer good support with tax documentation."
·
"Lets you connect international banks to your account."
·
"Cheap broker"
#9

Trading 212

4.3
(3)
"Quite nice"
·
"Trading 212 is a good choice."
·
"Good options"
#10

Finqalab

3.7
(3)
"The clean UI and responsive customer support is truly refreshing."
·
"Customer service is good and so is the app."
·
"It's good tbh. But there is no stop loss option."
#11

TradeStation

4.5
(2)
"TradeStation is the way to go"
·
"TradeStation has great commissions on futures and a good education system for new guys."
#12

Zerodha

4.0
(2)
"Techwise all 3 are good enough."
·
"Good documentation, 20/order for FnO and free for equity delivery."
#13

NinjaTrader

4.0
(2)
"Best out there."
·
"I use that or Tradeovate."
#14

Forex.com

4.0
(2)
"Look into Forex.com if you want a USA broker."
·
"Amp is good"
#15

Amp

4.0
(2)
"None"
·
"Low margin req"
#16

OANDA

3.0
(2)
"I've used Oanda before and had no issues."
·
"Withdrawals suck, and I prefer offshore brokers for lower spreads and easier withdrawals."
#17

Finvasia

5.0
(1)
"Zero charges, fairly reliable platform."
#18

Munir Khanani

5.0
(1)
"No issues at all."
#19

CenterPoint Securities

5.0
(1)
"Thank me after your first big short."
#20

Binance

5.0
(1)
"Buying a verified Binance account allows for secure trading with high leverage."
#21

Swaymarkets

5.0
(1)
"I love Swaymarkets. They are a Licensed & Regulated broker (ASIC) with up to a 1:500 leverage."
#22

Sway-markets

5.0
(1)
"I personally love Sway-markets. They are a Licensed & Regulated broker (ASIC) with up to a 1:500 leverage."
#23

Texas Veterans Land Board

5.0
(1)
"Great options for home loans through a broker or bank."
#24

Mortgage Solutions of CO

5.0
(1)
"They backed me up despite credit issues and helped us move into a brand new build."
#25

Tradovate

5.0
(1)
"Great platform with super cheap fees and compatibility with various trading tools."
#26

Ocean

5.0
(1)
"He's bloody brilliant, quick and shares screen on his tool so we can see everything."
#27

TD Ameritrade

5.0
(1)
"Personally I like TD Ameritrade and have been using for years."
#28

Freedom24

5.0
(1)
"Gaining popularity in the EU"
#29

IQ Option

5.0
(1)
"Never had issues withdrawing"
#30

Mexem

5.0
(1)
"Slightly cheaper"
#31

Wise.com

5.0
(1)
"Excellent, easy to use, and inexpensive (excellent rates and fees) and you can exchange or hold many currencies."
#32

Edge

5.0
(1)
"Best all around costs and service"
#33

GFF

5.0
(1)
"Haven’t had any issues"
#34

KTRADE

4.0
(1)
"Their desktop and Android applications are pretty good."
#35

AKD Securities

4.0
(1)
"For now its smooth sailing."
#36

Upstox

4.0
(1)
"Good documentation, sample codes, free to use."
#37

Vantage Markets

4.0
(1)
"You can trust it."
#38

IC Markets

4.0
(1)
#39

XM Trading

4.0
(1)
"Can link to MT4/5."
#40

T212

4.0
(1)
"I do like degiro but the fractional shares on T212 swing it for me."
#41

Revolut

4.0
(1)
"The app is always improving with new features."
#42

Titan

4.0
(1)
"I’ve been happy with their automated and offshore."
#43

Capital Markets Elite Group UK

4.0
(1)
"No problems so far."
#44

Motilal Oswal

4.0
(1)
"They provide concierge type services and solid advisory backed with research."
#45

Webull

4.0
(1)
"Webull has a $1,000 account minimum for futures trading, allowing access to most micros."
#46

AMP

4.0
(1)
"AMP has very low margins, making it suitable for good risk management."
#47

Ninjatrader

4.0
(1)
"Open Ninjatrader account for just $4 per month for CME top-of-book data, great for paper trading."
#48

XM

4.0
(1)
"Their deposits via mobile money are fast, and they offer high leverage (up to 1000x), which is great."
#49

Discount Trading

4.0
(1)
"They offer most of the platforms out there so it is worth checking out."
#50

eToro

4.0
(1)
"I recommend eToro as an alternative."
#51

XTB

4.0
(1)
"I recommend XTB as an alternative."
#52

SageFX

3.0
(1)
"Nice broker, but I dislike their platform."
#53

Intermarket Securities

2.0
(1)
"Their app isn’t user friendly to be honest."
#54

Moverjet

1.0
(1)
"They locked me in with a super low price that no carriers would accept, went 3 days past my pick up date, and then charged me 150 to cancel."
#55

Prop Shops

1.0
(1)
"Prop shops are a waste of money and they don’t give you anywhere near as much money to trade with as people think they do."

Discover your audience

GummySearch is an audience research toolkit for 130,000 unique communities on Reddit.

If you are looking for startup problems to solve, want to validate your idea or find your first customers online, GummySearch is for you.

Sign up for free, get community insights in minutes.

Tell me more
Get started
Audience Research