Top Online Brokers: TD Ameritrade, Fidelity, CapitalXp and Other
It’s very important to know the best online brokers. Today we’ll talk about the following ones: CapitalXp, Fidelity, and TD Ameritrade, Merrill Edge.
You can learn more about CapitalXp here. They offer the access to the most popular assets to provide the users with high return. There are more than 120 CFD instruments you can use for different types of trading and investments. They have a mobile app and webinars for the users.
TD Ameritrade is the best for traders. There is no minimum deposit and they work 24 hours per day during the weekdays. This is probably the most popular platform which also offers a wide selection of tools, a mobile app, support team, and education. The option trades are $6.95 + $0.75 per contract. The new users can trade for free for 2 months and even get up to $600.
Fidelity is better for investors. The minimum deposit here starts from $2.500. This company stands out by the customer experience. It’s very easy to use and all transactions are completely clear. In addition, they have one of the best research tools. Stock trades cost $4.95. The new users get up to 500 free trades which can be used within 2 years.
Merrill Edge offers the best rewards program. In addition, there is no minimum deposit. When you invest in the new account, you’ll get up to $600. The stock trades cost $6.95. This company is a part of Bank of America and is open for everybody. The Preferred Rewards program gives the investors 30 free trades per month if you have more than $50 000 on your account, and 100 free trades if you have more than $100 000 on your account. Moreover, this platform offers extra bonuses like cashback on your credit cards, priority customer service, etc.
Nowadays, trading is getting more popular. Even the average people start to invest little by little in order to get some passive income. The professionals can easily find the best traders, deals, etc. However, if you are a beginner, you should choose very carefully and learn at least the general information beforehand. Learn some trading terms to understand more about this business and then read on some trading platforms to make sure you understand them. When making a choice, read all the terms and keep in mind that there is always a risk involved.