TOP BROKERS FOR FREE STOCK TRADING 2021
Free stock trading in 2021 should be based on more than just ETF trades and the stock price. That’s because all brokers offer free trades. But do all of them have great market research and trading platforms along with an excellent education?
Add to that the fact that most brokers charge a payment for order flow (PFOF). It is a hidden fee that makes almost $1B in profits each year for the stock market industry.
Our annual 2021 Review includes 11 different online brokers with free trading options. Each platform was evaluated and scored on:
- Testing of about 100 features of each broker
- The break-up of various account fees
- Implementation of order practices
TOP FREE TRADING BROKERS 2021
TradingHighway.com used 256 variable factors to post a review if the best online brokers 2021. They are:
- Robinhood
- Tradestation Global
- SoFI
- Interactive Brokers
- Fidelity
Robinhood
If you’re new to investing and have a small balance to start with, Robinhood is the place to help you get used to the idea of trading. The extremely simple app and website are not at all intimidating and provide a smooth on-ramp to the investing experience, especially for those exploring stocks and ETFs. But If you’re a trader or an active investor who uses charts, screeners, and analyst research, you’re better off signing up for a broker that has those amenities.
Investing involves risk of loss. Please check and review all terms and conditions before applying.
Tradestation Global
TradeStation has put a great deal of effort into making themselves more attractive to the mainstream investor, but the platform is still best suited for the active, technically-minded trader. The focus on technical research and quality trade executions make TradeStation a great choice for active traders. Also the technical tools and screeners aimed at active traders are all at or near the top of the class.
Investing involves risk of loss. Please check and review all terms and conditions before applying.
SoFI
SoFi is well-known for its loan products, especially personal loans. SoFi is geared towards beginning investors. It isn’t intended to be the best place for experienced investors who are analyzing stocks. SoFi is a great place to buy and sell stocks or cryptocurrencies but If you want to invest in options, mutual funds, or pretty much anything else, you’ll have to do it elsewhere.
Investing involves risk of loss. Please check and review all terms and conditions before applying.
Interactive Brokers
Interactive Brokers has made a great effort to make their technology more appealing to the mass market which makes them one of the few brokers with the latest technological upgrades. Traders with complex strategies are happy to be part of Interactive brokers but the new traders with more of hold on investment are still a dream come true for them.
Investing involves risk of loss. Please check and review all terms and conditions before applying.
Fidelity
Fidelity is one of the most well-rounded brokerages available today, with no commissions on stock or ETF . There is no second thought that fidelity offers the top fetures for trading but the user have to dig into educational material to find the required tool due to vast variety of tools.
Investing involves risk of loss. Please check and review all terms and conditions before applying.
OVERALL SCORE 2021
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OUR APPROACH AND PROCESS
For our annual best trading platforms review, we collected 2,816 data points over three months and used the results to rank brokers. Participation is mandatory for all the brokers included in the survey. Each participating broker completed a detailed data profile and had an annual meeting (live or web).
We have a comprehensive data validation process that has an error rate of 0.01%. each year. This gives our online readers credible and high-quality data.
TradingHighway.com has the largest database of information on the online broker industry. Our rigorous self-checks, combined with thorough research provides you the latest stock market information you can trust.
