Best Trading Platforms
Discover 5 deals available this month.
1.Fidelity Investments
Fidelity Investments offers commission-free trading for stocks, ETFs, and options, along with extensive research tools and educational resources. It delivers reliable trade execution suitable for a wide range of investors.
View Deal →A standout choice for investors seeking a comprehensive platform with zero commissions and strong educational support, Fidelity balances powerful research with dependable trade execution.
Pros:
- Commission-free trades on stocks, ETFs, and options
- Extensive research and educational resources
- Reliable and consistent trade execution
Cons:
- May have fewer advanced tools compared to platforms aimed at professional traders
- Some features may be overwhelming for absolute beginners
- No noted crypto trading support
2.Charles Schwab
Charles Schwab offers $0 commission stock trades and is highly rated for ETF trading and active investors. It provides customizable thinkorswim platforms and advanced trading tools.
View Deal →Active traders and ETF enthusiasts will find Charles Schwab’s customizable thinkorswim platform particularly valuable for in-depth trading. Its commission-free stock trades make it a cost-effective choice for frequent market participants.
Pros:
- $0 commission on stock trades
- Advanced, customizable thinkorswim trading platform
- Strong support for ETF trading
- Tools tailored for active traders
Cons:
- Platform may have a learning curve for beginners
- Limited specific features mentioned beyond ETFs and active trading
- No detailed information on fees for other asset classes
3.Interactive Brokers
Interactive Brokers caters to professionals and day traders with advanced tools, low fees, real-time data, and support for stocks, options, and futures. It offers competitive pricing suited for active traders requiring comprehensive market access.
View Deal →Professionals and frequent traders will appreciate Interactive Brokers for its sophisticated trading tools and low-cost structure, which supports diverse markets including options and futures. It stands out with real-time data and a platform designed for high-volume trading.
Pros:
- Advanced trading tools tailored for professionals and day traders
- Low fees compared to many competitors
- Access to real-time market data
- Supports a wide range of asset classes including stocks, options, and futures
Cons:
- Interface may be complex for beginner traders
- Less emphasis on educational resources compared to some competitors
- Best value realized by active or professional traders, not casual investors
4.Merrill Edge
Merrill Edge offers a high-feature MarketPro platform with a customizable dashboard, Nasdaq Level II quotes, and technical studies. It provides strong research tools to support informed trading decisions.
View Deal →Active traders and investors who value advanced research and detailed market data will appreciate Merrill Edge's robust MarketPro platform with customizable features.
Pros:
- Customizable dashboard for a tailored trading experience
- Access to Nasdaq Level II quotes for detailed market depth
- Comprehensive technical studies for in-depth analysis
- Strong research resources to support decision-making
Cons:
- No mention of commission-free trades or pricing details
- May be complex for beginner investors
- Less focus on mobile app features compared to competitors
5.Webull
Webull is a mobile investment app offering commission-free trades, advanced charting tools, a paper trading simulator, and cryptocurrency trading support. It provides a robust platform for trading stocks and crypto without trading fees.
View Deal →Active mobile traders and crypto enthusiasts will find Webull an appealing choice with its no-commission trades and advanced charting features. Its paper trading simulator also helps users practice strategies risk-free.
Pros:
- Commission-free stock and crypto trades
- Advanced charting tools for detailed technical analysis
- Paper trading simulator to practice trading without real money
- Supports cryptocurrency trading alongside stocks
Cons:
- Primarily designed for mobile use, which may limit desktop experience
- Fewer educational resources compared to some competitors
- Limited suitability for professional or highly advanced traders
Final Words
To make the most of your trading experience this February, take time to compare the features, fees, and tools of leading platforms like Fidelity, Charles Schwab, and Interactive Brokers. You can explore current offers and promotions to find the service that best aligns with your investing goals and style.
Frequently Asked Questions
Fidelity stands out with commission-free trading on stocks, ETFs, and options, plus access to extensive research tools and educational resources. Its comprehensive platform suits a wide range of investors from beginners to advanced traders.
No, Fidelity offers commission-free trading on stocks, ETFs, and options, making it a cost-effective choice for investors looking to minimize fees.
Fidelity offers extensive educational resources designed to help traders improve their knowledge and skills. These resources support investors at all levels, from beginners to experienced traders.
E*TRADE is recognized as the best platform for beginners due to its ease of use and commission-free trades. It also features solid platforms like Active Trader Pro to support learning and growth.
For active and advanced traders, platforms like Charles Schwab, TradeStation, and Interactive Brokers offer excellent trading tools, custom scanners, and access to global markets with low costs and commission-free trades.
Yes, Webull is one of the best investment apps for active trading that offers commission-free trading on stocks, ETFs, and crypto, along with advanced charting and real-time data.
