CreditDonkey is a credit card comparison and financial education website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Seminars


10 Smart Ways to Invest $1,000


Best Investment Blogs 2014


Best Investment Podcasts


Compare Seminars

    Investing
    Read Review

    Charles Schwab

    • Seminars: Yes
    Pros:
    • Vast selection of commission-free ETFs and mutual funds
    • 2 platforms (one for beginners and one for advanced traders)
    • 24/7 customer service including online chat
    Cons:
    • $1,000 minimum to open a brokerage account
    • Commission costs on mutual funds outside of the commission-free funds
    • Robo-advisor option requires a minimum investment of $5,000

    Our Review: (4.2) Charles Schwab is one of the oldest names in the world of investing. With something for investors of all levels, it's often the go-to brokerage for investors looking for a new broker... Read full review

    Investing
    Read Review

    Interactive Brokers

    • Seminars: Yes
    Pros:
    • Large number of investments, including options, futures, and forex
    • Customize trading platform
    • Tools and opportunities for research
    Cons:
    • $10,000 minimum to open an account.
    • Platform can be too much for a beginner to understand
    • Inactivity fees if you don't meet the trade commission requirements.

    Our Review: (4.3) Do you have $10,000 and plenty of trading knowledge? Interactive Brokers may provide you with a solid trading platform. With their competitive fees and robust trading options, they are a common choice for the experienced trader... Read full review

    Investing
    Read Review

    Merrill Edge

    • Seminars: Yes
    Pros:
    • No account minimums
    • Current Bank of America customers experience seamless account integration
    • Robust research opportunities
    Cons:
    • Platform is not friendly for frequent traders who execute quick trades
    • No commission-free ETFs available
    • Market research reports can be hard for beginners to understand

    Our Review: (4.3) If you are looking for excellent customer service, competitive pricing, and robust investment options, you may have found what you are looking for in Merrill Edge... Read full review

    Investing
    Read Review

    Vanguard

    • Seminars: Yes
    Pros:
    • Large selection of mutual funds and commission-free ETFs
    • Broker assistance is available at no additional cost
    • Easy to use
    Cons:
    • Commission structure penalizes frequent traders
    • Customer service wait times
    • Commission costs on non-Vanguard investment options

    Our Review: (3.9) Vanguard Brokerage may be a full-service broker, but typically long-term investors preferring ETFs and mutual funds see the greatest return on their investment with them... Read full review

    Investing
    Read Review

    Robinhood

    • Seminars: No
    Pros:
    • Commission-free stock trading on a mobile platform
    • No minimum investment required
    Cons:
    • No retirement accounts
    • Limited research
    • No bond trading
    • No mutual fund trading

    Our Review: (4.0) Robinhood is a commission-free stock trading app. It has no minimum balance requirement, so what's the catch? Read this review for the pros and cons... Read full review

    TD Ameritrade
    Read ReviewVisit Site

    TD Ameritrade

    • Seminars: Online webcast
    Pros:
    • Easy to Use
    • Thinkorswim Platform
    • Customer Service
    Cons:
    • Trade Fees

    Our Review: (4.2) Ameritrade fees are higher than competitors, but is it worth it? We say yes and here's why. We analyze and compare it for you in our in-depth review... Read full review

    Get 60 Days of Commission-Free Trading

    E*TRADE
    Read Review

    E*TRADE

    • Seminars: Live events and educational seminars at local branches.
    Pros:
    • Expansive set of resources and tools
    • Easy to use website
    • Industry leader
    Cons:
    • Trade fees

    Our Review: (4.2) E*TRADE is a highly well-known name, but does that mean it's that much better than its competitors? Read our in-depth review and see how it compares... Read full review

    Get up to 500 Commission-Free Trades

    Scottrade
    Read Review

    Scottrade

    • Seminars: In-person branch seminars, online events and live webinars
    Pros:
    • Low per trade fees
    • Physical locations
    • Easy-to-navigate website
    Cons:
    • No futures trading
    • High broker-assisted fee

    Our Review: (4.2) With low trade fees, excellent resources, and superior customer service, Scottrade is a highly trusted online broker. Read on for our in-depth review... Read full review

    Open an Account


You might also be interested in

Best Robo Advisor

The best robo-advisor offers low management fees, low minimum investment requirements, and daily account monitoring. Read this list of top robo advisors before you invest.


About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.