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A List Of Best Brokers That I Personally Suggest

Sep 27, 2023
Finance BrokerIBKRWebullSchwab
2 Minutes
226 Words
A List Of Best Brokers That I Personally Suggest

Here are some of the most common brokers available globally and my opinion about them: (I have used them personally)

Interactive Brokers (IBKR)

IBKR

Official Website

Who is it for?

Best for traders but suitable for everyday investors if you’re not inclined to a bit of complex UI.

ProsCons
Best market coverageNot user-friendly user interface
Best currency exchange rateHave to apply for every instrument individually
Best trading tools
Low fees
Lots of technical indicators

Charles Schwab

charles schwab

Official Website

Who is it for?

Long-term or value investors.

ProsCons
Free orders for most ETFs and US stocksStricter requirements if you want to have options feature enabled
Great customer service with real humans to pick up the lineSome features are US citizen-only
For US citizens you have auto-invest featuresOnly US Stocks
Easy-to-understand interfaceNot as feature-rich as IBKR

Read More - My Three Years Review With Charles Schwab

#TD Ameritrade is going to merge with Charles Schwab so it’s not included in the list here.


Webull

Webull

Official Website

Who is it for?

Investors and traders who want a cleaner UI but still feature-packed.

ProsCons
Free orders for most ETFs and US stocksUS stocks only, in some cases HK, Japan, etc. Not comparable to IBKR.
Easy-to-understand interface
Low requirements for enabling options feature

#Mother company is in China, and trading US stock has an underlying risk. (Just my take). You can look up Futu/Moomoo - a public Chinese company listed on Nasdaq that provides trading on the US market plummeted because of China government interference.


More will be added to the list…

Article title:A List Of Best Brokers That I Personally Suggest
Article author:Hong C.
Release time:Sep 27, 2023
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