Best discount broker on Reddit

39 reviews from r/PersonalFinanceCanada, r/IndianStockMarket, r/StockMarketIndia and 4 more subreddits

39 reviews from
and
By Brand
/
By Product
#1

Zerodha

4.3
(6)
"Zerodha is the best."
·
"I would recommend ZERODHA"
·
"Zerodha is the best for long-term investments despite having opening charges and AMC."
·
"I would recommend Zerodha or Fyers. Zerodha charges 300 per year as AMC."
·
"Zerodha requires a lower margin for short selling compared to others."
·
"Try Zerodha or RKSV. Their costs are low."
#2

Questrade

4.0
(4)
"Free ETF purchases and support for USD RRSP and TFSA make Questrade a great choice for investors."
·
"I have been happy with the interface and service."
·
"I like Questrade. Less fluff and faff than the others."
·
"Questrade - can hold US, options, live prices."
#3

AngelOne

4.0
(2)
"Angelone is good, while others have hidden charges."
·
"Angelone will be good since it's been a long time in broking."
#4

Fyers

4.0
(2)
"For Fyers there is no AMC."
·
"Try fyers, the mobile app was not great but web interface was very good."
#5

Interactive Brokers

4.0
(2)
"Interactive brokers."
·
"Low commissions and very capable for options, fx, and all kinds of other stuff besides ETFs."
#6

Virtual Brokers

3.0
(2)
"They do struggle in terms of services, but if you are a true DIY investor, you don't need much of their services."
·
"I've yet to pay commission as all etf trades are free."
#7

InvestNow

5.0
(1)
"Buy through InvestNow - minimum for one-off investment $250, no brokerage fees."
#8

Finvasia

5.0
(1)
"Finvasia is best, zero brokerage trading."
#9

Mawer

5.0
(1)
"Mawer funds are low fee with great returns."
#10

Robinhood

2.5
(2)
"Robinhood."
·
"Investing with only $1000 is not sensible."
#11

Wealthsimple

4.0
(1)
"Wealthsimple - Free Canadian trades. No min account balance."
#12

OptionsXpress

4.0
(1)
"I started with optionsxpress. I didnt need a minimum balance."
#13

TD Direct Investing

4.0
(1)
"I use TD Direct Investing."
#14

Schwab

4.0
(1)
"Schwab has $1 per bond online, $10 minimum, $250 maximum online, with broker-assisted trades costing an additional $25."
#15

Samco Securities

4.0
(1)
"Samco Securities offers competitive trading charges of Rs: 20 per transaction."
#16

National Bank Direct Brokerage

4.0
(1)
"Offers commission-free ETF trading on Canadian ETFs with reasonable minimum purchase requirements."
#17

Vanguard

4.0
(1)
"Vanguard has $1 per bond traded on the secondary market up to $250."
#18

Fidelity

4.0
(1)
"Fidelity has a $1 per bond charge up to $250 and no mark up."
#19

5Paisa

4.0
(1)
"5paisa is recommended for investments above 10 lakh rupees."
#20

Sharekhan

4.0
(1)
"Sharekhan is personally used for equity and F&O."
#21

RKSV

4.0
(1)
"Their costs are low."
#22

Loyal3.com

4.0
(1)
"It's free and lets you buy partial stocks, but not recommended for day trading."
#23

Internet Explorer

4.0
(1)
"Internet Explorer works fine."
#24

Paytm

3.0
(1)
"Paytm is found to be okay."
#25

Groww

2.0
(1)
"Groww has no AMC but charges brokerage on equity delivery, making it less favorable."
#26

Google Chrome

2.0
(1)
"I have trouble using Google Chrome when logging into the trading platform."

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