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The Best Online Brokerage Companies In 2021


Investing your money and deciding who to invest it with is important and working with a professional is the best way to go.

Where should you start?

Which online brokerage company is right for you?

Here’s a few of the best online brokerage companies that you should use when deciding to invest.

1. TD Ameritrade

TD Ameritrade​ manages accounts totaling $1 trillion in assets plus they manage over 11 million different client accounts.

By using TD Ameritrade, you and your investments are in safe hands as they’ve been working for more than 40 years to help their clients learn about their investments, become more financially secure, and meet their financial goals without let-up.

What’s even better about using TD Ameritrade is that they’re currently offering $0 commissions in their online stocks, online option trades, and exchange-traded funds (ETF) 1 for existing and new clients. This is the perfect opportunity if you’ve recently retired and wish to discover new ways to invest your money. You could take a portion of your retirement savings or even a portion of your monthly Social Security benefit and use that to invest.

Free Stock Trading

TD Ameritrade prides itself on standing out amongst other online brokerage companies by means of using technology to enhance their overall client-service experience. If you have an Amazon Echo, simply ask “Alexa” to review your account or perform research. You’re also able to receive information on your TD Ameritrade accounts while in your car if you have Apple CarPlay or other technological advances in your vehicle.

In 2020, TD Ameritrade was listed as the #1 Overall Broker in the 2020 Online Broker Review 2 . TD Ameritrade’s advanced trading tools and their educational resources constantly set them apart and highlight why they’re one of the best online brokerage companies on the market.

2. Wells Fargo – WellsTrade

WellsTrade​ by Wells Fargo gives you the freedom and confidence to manage your account any way you want. By using WellsTrade online, you’re able to monitor your investment portfolio in one location and if you’re ever in need of additional assistance, a WellsTrade professional can be reached by phone and online 24-hours a day, seven days a week.

Some benefits of using WellsTrade include:

  • Monitoring your account online and on your mobile phone
  • Being able to review the performance of your account and any recent activity
  • Placing trades with specialists
  • Having access to market news, real-time quotes, and third-party research

All of these benefits that WellsTrade provides, plus more, allow you to have a well-rounded investment portfolio plus gives you the tools to make smart decisions with your money.

Not to mention, WellsTrade offers $0 for the trading of online stocks and ETF accounts. This is an offer that you can’t miss!

3. Fidelity

One tool that ​Fidelity​ offers, which is perfect if you’re looking to know where you stand and what your options are in regards to retirement, is their Fidelity Retirement Score.

WellsTrade® Online and Mobile Brokerage – Wells Fargo​
The Fidelity Retirement Score.​

It’s an easy-to-use tool in which you must enter the following:

  • Your age
  • Your most recent annual income
  • The amount of money you’ve saved for your retirement (401(k), Thrift Savings Plan, Individual Retirement Account, etc.)
  • The amount of money you save each month for retirement
  • What your standard of living will be when you retire
  • What you would describe as your style of investing (high-risk, low-risk, etc.)

Another advantage of working with Fidelity is that they also offer $0 commission trades for stocks, ETFs, and option trades. Fidelity also offers zero expense ratio index mutual funds to investors directly without any transaction fees or minimums 5 to adhere to in order to invest.

By looking at Fidelity’s prices, it’s easy to see why they’re one of the best online brokerage companies to work with because in comparison to many of their competitors, who are charging certain fees, such as account transfers out, bill payments, and even account service fees, Fidelity stands out as they’re charging $0 for those activities.

Fidelity prides itself on offering wealth management services, as well as personalized
planning and advice.

Their wealth management services include the following:

  • A minimum investment of $250,000
  • A dedicated advisor to share with you your overall financial picture
  • Management and sharing of your assets
  • Investment growth and protection

Fidelity’s personalized planning and advice services include the following:

  • Planning for a big purchase, your retirement, or building your wealth
  • Provide financial coaching
  • Access to their digital planning tools to help you keep track of your goals

Straightforward and Transparent Pricing

Fidelity is simply one of the best online brokerage companies that you could work with as their focus is on delivering more values to their customers and their offers and tools showcase their customer-centric focus on long-term planning for the future.

4. E-Trade

E-Trade breaks it down; makes it simple for you to begin investing online.

There are different types of accounts that E-Trade offers, including:

  • Brokerage accounts
  • Small Business retirement accounts
  • Managed portfolios
  • Retirement accounts

In order to begin funding one or more of these account opportunities, E-Trade makes it simple by giving you a step-by-step guide 6 showing the different ways you can fund your accounts. That includes transferring money online (free of charge), wire transfers, transfers of brokerage accounts, and mailing a check (takes up to five business days).

From there, E-Trade helps you by developing an in-depth investing plan, such as diversifying your portfolio, choosing the right investments, and developing investment ideas using market data and independent research.

From there, the next step would be for you to make your trades and to watch the market and your accounts. E-Trade is with you along the way to provide their expertise, suggestions, and guidance that’ll only help to make this process better for you and your money.

This is why E-Trade is one of the best online brokerage companies to use because they make it easy for first-time investors to invest, they give you the freedom to invest however and whenever you want, and E-Trade offers $0 per trade on online stocks, option trades, and ETFs.

How do you use E*TRADE? | Learn more


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