10 Best Brokerage Accounts To Consider When Investing

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Fortunately, you have plenty of options to consider when you are looking for your online broker. This is great news because you can be more selective and ensure you are using a broker that fits your investment needs. However, there is also a downside.

A brokerage account is an investment account that will allow you to buy and sell various investments like stocks, bonds, mutual funds, index funds, or ETFs.

Which Brokerage Account is Best?

Charles Schwab is one of the best online brokers out there. They offer a wide range of low-cost index funds and ETFs, and this year dropped their trade commission fee to better compete with some new fintech companies (like Robinhood).

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Vanguard

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Fidelity

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Webull

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Robinhood

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The goal is to have a platform that allows you to manage investments all in one place. While you might be interested in just a traditional brokerage account, it’s nice to have other options like retirement accounts, 529 plans for future education costs, etc.

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10 Best Brokerage Accounts To Consider When Investing

Fortunately, you have plenty of options to consider when you are looking for your online broker. This is great news because you can be more selective and ensure you are using a broker that fits your investment needs. However, there is also a downside.

A brokerage account is an investment account that will allow you to buy and sell various investments like stocks, bonds, mutual funds, index funds, or ETFs.

Which Brokerage Account is Best?

Charles Schwab is one of the best online brokers out there. They offer a wide range of low-cost index funds and ETFs, and this year dropped their trade commission fee to better compete with some new fintech companies (like Robinhood).

Vanguard

Vanguard is a personal favorite of mine and is also a pioneer in index fund investing. Also founded in the 1970s, it was developed by John C. Bogle, who is also touted as the father of index funds.

Fidelity

Fidelity has slightly fewer index fund options compared to Vanguard and Schwab, it seems, but that’s not always a huge deal. Especially if you are building a simple three-fund portfolio.

Webull

One of the newer brokerages on the block is Webull, which has quickly started establishing itself as a top contender in the investing space. The company was founded in 2017, so it has a short track record and offers some great things for investors.

Robinhood

Robinhood gets a slight edge over Schwab because of the simple and intuitive platform. That, combined with free trading, is hard to beat!

The goal is to have a platform that allows you to manage investments all in one place. While you might be interested in just a traditional brokerage account, it’s nice to have other options like retirement accounts, 529 plans for future education costs, etc.

SWIPE UP TO READ more ABOUT 10 BEST BROKERAGE ACCOUNTS TO CONSIDER WHEN INVESTING

Read more