Online Broker reviews from Reddit
Summary
We analyzed 291 Reddit reviews across 46 subreddits and 81 posts to rank the best Online Broker brands recommended by redditors, including communities like r/investing, r/eupersonalfinance, r/personalfinance, r/PersonalFinanceCanada, r/CanadianInvestor. Top-rated brands include Interactive Brokers (4.3/5), Fidelity (4.4/5), IBKR (4.6/5).
Stats
Reviews291
Subreddits46
Posts81
Brands92
Products15
291 reviews from
and
By Brand
/By Product
#1
Interactive Brokers
4.3
(34)
"There are literally Interactive Brokers ads all over Reddit."
"IBKR damn it is the safest of them all."
"I use IBKR. Compliant and cheapest."
"IBKR is a reputable and cheap broker."
"Interactive brokers is by far the cheapest in terms of commissions."
"I personally use IBRK - cheapest option by far."
"IBKR is your best option afaik."
"I was looking at them and I’m glad that I was on the right track."
"Ibkr. Change tax residencies easily."
"But generally check out Interactive Brokers, they support a lot of countries."
#2
Fidelity
4.4
(23)
"I use Fidelity."
"Fidelity offers excellent customer service and a wide range of investment options."
"Fidelity by far. And I say this as a formerly loyal Schwab fan."
"Fidelity should cover almost all of most people's needs. They are stable, been around for a long time, and have excellent customer service."
"Fidelity is the best with great availability of funds, bonds, and ETFs."
"Fidelity is the best brokerage by a mile."
"Fidelity Investments hasn’t failed me yet"
"Fidelity"
"I prefer Fidelity."
"I’ve been using Fidelity for a few years now."
#3
IBKR
4.6
(18)
"IBKR"
"IBKR"
"Using IBKR. Works for me."
"IBKR"
"IBKR is a reliable choice over a lying stealing bank."
"A friendly experience."
"IBKR has the best reach of all providers, allowing for flexible investment options."
"IBKR"
"IBKR :)"
"IBKR is the best option hands down in Canada."
#4
Degiro
4.1
(17)
"I’m going with Degiro for ETF investments since it has lower fees."
"Degiro is a simpler platform for trading."
"Degiro and IBKR."
"Degiro: The low-cost champion."
"DEGIRO is the simplest for basic stocks and ETFs and reporting."
"I haven’t really used any other platform so don’t have anything to compare it with, but had no issues with it and recommend it."
"They offer cheap commissions and have a wide range of assets you can choose from."
"I use DeGiro and had no issues changing my address to one in Luxembourg."
"I’m using DEGIRO. Pretty happy with it."
"Degiro is OK, also consider IBKR."
#5
WealthSimple
4.2
(11)
"Wealthsimple is great because wealth simple trade has no commissions."
"Wealth simple trade is unbeatable. Zero fees on Canadian stocks/funds."
"WealthSimple’s user interface is way more friendly than Questrade."
"Wealthsimple comes in as a close second. Its mobile app has an easy to use and intuitive interface and also has $0 commission on buying and selling stocks and ETFs."
"WealthSimple offers no fees and no commissions, making it a great choice for cost-conscious investors."
"In Canada? It's Wealthsimple trade."
"WealthSimple for long term investing only."
"Wealthsimple Trade for sticking to basic Canadian listed ETF investing."
"WealthSimple Trade is pretty good for Canadian stocks."
"Look into using wealthsimple."
#6
Vanguard
3.8
(12)
"Vanguard. Fees, reliability, customer service"
"Fidelity, Schwab, or Vanguard are the top most recommended brokerages here."
"Vanguard is known for its low fees and great index funds."
"Vanguard VHYL solves that, as it's UK registered."
"Vanguard is a reliable choice for S&P 500 investments."
"Vanguard is the cheapest reputable provider for small ISAs and general investment accounts."
"Vanguard has no account minimums."
"You can use Vanguard's "equivalent to ETF" managed funds via vanguard personal investor."
"I use Vanguard."
"Vanguard was previously the largest."
#7
TD Ameritrade
3.9
(10)
"Switch to TD Ameritrade and stop participating in that scam called RH."
"TD Ameritrade was much better for research materials."
"I'm pretty sure TD ameritrade services europe."
"I have both TD Ameritrade and Fidelity."
"TD and Fidelity ape here."
"I use TDameritrade."
"The portfolio with TD felt extremely beginner friendly."
"TD, Fidelity, Schwab, Interactive Brokers."
"Tda but it took sometime to create it."
"However, if you want to buy direct then Fidelity or Interactive Brokers are options."
#8
Schwab
4.1
(9)
"Competitive prices and they have a couple UIs/platforms to choose from all connected to the same accounts so you can find the one that works for you."
"Fidelity, Schwab, or Vanguard are the top most recommended brokerages here."
"Opened a Schwab account just for OTC. Pretty much every OTC available, no fees on them."
"Schwab doesn't charge account fees."
"Schwab provides a user-friendly platform and solid research tools."
"I keep my Schwab account open for research purposes."
"I'd go Schwab over Fidelity."
"Schwab works just fine too with mlfb and pretty much every otc stock."
"Schwab is fair at best for research materials."
#9
Questrade
4.0
(9)
"I like Qt. Been with them almost 20 years now"
"Questrade; given its $0 commission on buying and selling stocks and ETFs and the ability to perform Norbert's Gambit put's it handily in first place."
"Questrade is more than fine for your needs."
"My recommendation would be Questrade for index investing."
"Questrade is a good brokerage choice for buy and hold ETF investors."
"Questrade if you want to buy US listed ETFs."
"Questrade is decent."
"I think a lot here at PFC recommend Questrade."
"Questrade has fees and commissions that can add up, making it less appealing."
#10
Rakuten
4.0
(7)
"Rakuten is excellent"
"Automation is key, and Rakuten Securities allows for seamless integration with my bank account."
"I find the application process with Rakuten very convenient since you can upload the required documents online."
"I can say Rakuten is a beginner's tool while M+ is a tool for experts."
"The good thing about rakuten is that it is far more beginner friendly."
"Rakuten is pretty decent. They're a nominee account so technically the stocks are in Rakuten's name instead of yours."
"Tried Rakuten and PayPay before that. All Japanese UI, and very outdated."
#11
Moomoo
4.7
(6)
"Moomoo offers nicer trading fees than DBS, it saved me a lot of money."
"They have the most modern (fully English!) UI, being that they are an American broker operating in Japan."
"Great iOS/Android apps, as well as even Desktop apps (I use MacOS) and most importantly, NISA support too!"
"Brokers like WS and Moomoo would be great options to consider."
"Moomoo has lots of useful functions to help you make more accurate decisions than DBS."
"Moomoo offers competitive trading fees and no account fees, making it a great choice for trading US stocks."
#12
VWCE
4.2
(5)
"I sleep like a baby so yeah I feel safe managing it in ETFs."
"VWCE 100% or VWCE 80% + ZPRV 20%."
"Go with VWCE or FWRA; they are traded in euros and have been yielding solid returns."
"VWCE for good diversification."
"VWCE is recommended for avoiding taxes on dividends."
#13
Trading 212
4.2
(5)
"Automated monthly investments into chosen ETFs."
"I can recommend Trading212 which serves swiss clients with their UK institution."
"Trading 212: Zero commission magic."
"If it's indexes you want trading 212 would be good."
"I think Trading 212 will be releasing an update to their platform with this feature."
#14
SelfWealth
4.0
(5)
"Did you go with SelfWealth, and if so, how did you find it?"
"Self wealth is great for long term holds imo."
"I'm happy with SelfWealth."
"SelfWealth is the good value one for buy and hold."
"That's probably the one major pain with SelfWealth (that it takes a day to deposit funds)."
#15
Fidelity Investments
4.0
(5)
"I’ve been ridiculously happy with my Fidelity account."
"Seems fidelity is the winner based on the comments and I can’t go wrong with them."
"Fidelity has been good for me."
"Yeahfidelty works just fine, go that route."
"I like TD Ameritrade and I also have Fidelity account."
#16
ETrade
3.4
(5)
"I also enjoy E-Trade, many similar features and a nice Auto investment with ETFs, but just not as many features or the same level of support as Fidelity."
"E*Trade is better for advanced options trading."
"E*TRADE is my primary taxable account. Use it for paycheck and bill management been doing so since 2016 never had a problem with it."
"ETrade."
"ETrade doesn't get much love around here, maybe because it started off as the day-trader brokerage."
#17
TD
4.3
(4)
"TD"
"I like TD best."
"Td is fine."
"They charge a $10 commission on each buy and sell."
#18
Stake
4.0
(4)
"Stake currently has the sharpest pricing of $3 flat per trade."
"I went from sharesies to stake and find it so much better if your actively trading."
"One of the best options is Stake, commission free for US stocks."
"Stake is cheapest of chess sponsored."
#19
COL Financial
3.8
(4)
"I’m a 19 year old student and used COL."
"Most begginers use COL Financial since its really accessible."
"COL Financial."
"Col takes 1 day ata (or more if you move funds past a certain cut off time, or on weekends or holidays)"
#20
forex fx
4.7
(3)
"When I started I started with torex fx. If you're a beginner then make use of working together with an account manager."
"I sdtarted last year also as a beginner and chose forex fx because of a recommendation of a colleague. Cant be more satisfied."
"Hello , from my experience I can recommend t orexfx online broker website. easy to use and have account managers available to get help from."
#21
Trade Republic
4.3
(3)
"Ich habe schon zwei Freunde überzeugt, sich dort anzumelden, und dafür jeweils 15€ in Aktienanteilen bekommen."
"Both IBKR and Trade Republic are available in Greece."
"I recommend Trade Republic."
#22
Ascot Prime
4.3
(3)
"Best one for me has so far been ascot prime."
"I have bought stock on ascot prime a year ago and still have them there."
"Rough my 5 month long experience where I have tested many brokers I happened to like ascot prime the most."
#23
Saxo
4.0
(3)
"Saxo seems good."
"I use Saxo."
"Saxobank, Interactive Brokers."
#24
Robinhood
4.0
(3)
"They have pushed the industry the hardest and have shown that they will continue to innovate. It’s the best UI."
"Petition robinhood"
"Robinhood is hard to use."
#25
Charles Schwab
3.7
(3)
"Looks like Charles Schwab may have dethroned Vanguard."
"Not a super popular one amongst malaysians, but im using Charles Schwab."
"Schwab"
#26
Saxo Bank
3.3
(3)
"Saxo Bank or Flowbank seem cheaper."
"Saxobank seems having competitive fees nowadays that seem even cheaper."
"Stay clear of Degiro. Fees are cheap but will cost you more in the long term."
#27
Finanzen Zero
5.0
(2)
"Das läuft inzwischen wirklich reibungslos. App wurde beständig verbessert."
"Muss sagen bin bei Zero deutlich zufriedener."
#28
Tastyworks
4.5
(2)
"It's great, and if you ever want to move beyond 10% OTM 0DTEs, they actually have some cool instructional videos."
"Stake is good but what l have been considering for myself is tastyworks."
#29
Qtrade
4.5
(2)
"Switched to Qtrade. Best decision ever, their customer service is out of this world."
"Switched to WS & QT last year, and very happy."
#30
DKB
4.5
(2)
"There‘s DKB (they allow Steuerausländer) and new in game: trade republic!"
"I'm an expat and I use DKB for my ETF investment."
#31
E-Trade
2.7
(3)
"E trade (stay away from robinhood)"
"E-Trade, fidelity, TD Ameritrade, Schwab. Stay away from robinhood."
"E trade (stay away from robinhood)"
#32
Index Tracking Portfolio
4.0
(2)
"Invest in a low cost, risk appropriate, globally diversified, index tracking (i.e. couch potato) portfolio"
"Invest in a low cost, globally diversified, index tracking (i.e. couch potato) portfolio"
#33
Webull
3.5
(2)
"I've had a good experience with webull."
"I transitioned to Webull for better market insights."
#34
Swissquote
3.5
(2)
"Swissquote is my recommendation."
"I was considering Swissquote but I am reluctant for the same reasons that you stated (mostly surcharge of 0.95% on FX trades)."
#35
Torex FX
5.0
(1)
"This is the best broker I've ever used."
#36
broker
5.0
(1)
"Best broker I've ever used!"
#37
Bogleheads
5.0
(1)
"Great resource for non-US investors."
#38
Merrill
5.0
(1)
"I like Merrill Edge."
#39
T212
5.0
(1)
"A friendly experience."
#40
abc.com.np
5.0
(1)
"They have video KYC so you don’t have to visit the office."
#41
Swissquotes
5.0
(1)
"Very nice!"
#42
Banker on Wheels
5.0
(1)
"A nice guide for investment."
#43
WS
5.0
(1)
"Prefer online brokers, most of them are protected by the CIPF, so they are safe too. Brokers like WS and Moomoo would be great options to consider."
#44
TradeStation
5.0
(1)
"I use TradeStation and really like it."
#45
IBK
5.0
(1)
"IBK has cheap margin.... cheeeeeep."
#46
Trading212
5.0
(1)
"Great platform for trading!"
#47
EnviFX
5.0
(1)
"EnviFX has been a game-changer for me. What I really like is how smooth the platform runs and how quick their support team is to help."
#48
XTB
5.0
(1)
"XTB is European"
#49
Flatex
5.0
(1)
"Kann Flatex empfehlen. Noch keine Probleme gehabt."
#50
Yuh
5.0
(1)
"Yuh is offering free of fee trading."
#51
Consorsbank
5.0
(1)
"Consorsbank"
#52
NBDB
5.0
(1)
"NBDB"
#53
First Metro Securities
5.0
(1)
"I considered First Metro Sec kasi walang initial deposit basta may Metrobank account."
#54
National Bank Direct Brokerage
2.0
(2)
"Which of these three is the best?"
"I cannot stress enough to avoid National Bank and this platform. It is an archaic mess of a UI, and the only mobile option is a stripped down ugly mobile website."
#55
Superhero
2.0
(2)
"Superhero for custodian."
"Superhero is not CHESS sponsored and does not allow a minor to use their own TFM."
#56
Citi
4.0
(1)
"I use Citi. I get free trades in and out on all ETFs."
#57
Citisec
4.0
(1)
"Try citsec online or philstocks."
#58
Flat Fee MLS Realty
4.0
(1)
"The service allows setting the commission and is great for DIY'ers."
#59
Boursobank
4.0
(1)
"Boursobank offers a PEA which is beneficial for investing in European ETFs."
#60
DBS Vickers
4.0
(1)
"DBS Vickers already provides for that."
#61
Agrawal Securities
4.0
(1)
"The service is reliable for buying and selling stocks via phone and WhatsApp."
#62
FWRA
4.0
(1)
"Go with VWCE or FWRA; they are traded in euros and have been yielding solid returns."
#63
JPMorgan
4.0
(1)
"JPMorgan doesn’t charge transaction fees for stock trading."
#64
SBI
4.0
(1)
"SBI seems to have a similar offering for banking and brokerage."
#65
FBS
4.0
(1)
"The best I would say is fbs. They have low minimum deposits and they withdraw directly to your debit card or credit card."
#66
Pepperstone
4.0
(1)
"**Pepperstone** is known as bei"
#67
Bitpanda
4.0
(1)
"I am also using Bitpanda for crypto invest plan for its simplicity."
#68
COL
4.0
(1)
"Pero COL ata di kailangan ng TIN?"
#69
IRA
4.0
(1)
"If your goal is retirement savings and you have income. Open an IRA."
#70
CBA
4.0
(1)
"I use CBA"
#71
Nomura
4.0
(1)
"Recommends Nomura, Daiwa, Saxo, and Mizuho as being the best options for European stocks."
#72
ING
4.0
(1)
"I have my index funds at ING zelf op de beurs."
#73
E*TRADE
4.0
(1)
"E-trade in the US accepts Italian residents."
#74
FSMOne
4.0
(1)
"I recently tried FSMOne since they're SC-approved and their commission rates are pretty acceptable."
#75
Philstocks
4.0
(1)
"Hello, was able to open an account with Philstocks back when I was 19."
#76
Directa
4.0
(1)
"Two of the most popular choices are Directa, that takes also care of Italian tax matters."
#77
Any Canadian Broker
4.0
(1)
"Any broker in Canada will help you trade US stocks."
#78
eToro
3.0
(1)
"EToro: Fancy some social trading?"
#79
ABCapital
3.0
(1)
"Currently using ABCapital. Nothing special, but always smooth and fast transactions for me."
#80
IG
3.0
(1)
"With these comparisons I guess IG is not that bad."
#81
Bank al Etihad
3.0
(1)
"Bank al Etihad app is better for easily adding and withdrawing money but they don't allow day trading."
#82
Flowbank
3.0
(1)
"Flowbank is pretty cheap, but I don't realy like the UI of the App."
#83
REITs
3.0
(1)
"The choice of broker depends upon your personal preference/choice."
#84
Brokers
3.0
(1)
"As for Brokers, it depends on what you’re looking for."
#85
US Brokers
3.0
(1)
"Anyone have any suggestions for US brokers?"
#86
National Bank
3.0
(1)
"Which of these three is the best?"
#87
2tradeasia
2.0
(1)
"2tradeasia, and AAA equities. Philstocks, Col, Nomura, not recommended."
#88
PayPay
2.0
(1)
"Tried Rakuten and PayPay before that. All Japanese UI, and very outdated."
#89
BDO Securities
2.0
(1)
"Stop loss and other conditional orders are life saving features you can't find in some brokers."
#90
BPI Trade
2.0
(1)
"Stop loss and other conditional orders are life saving features you can't find in some brokers."
#91
Bank
1.0
(1)
"Don't invest through a bank."
#92
Tastytrade
1.0
(1)
"Tastytrade doesn’t have any human customer service."
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