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Best Stock Broker for Active Traders Comparison

activetradereviews1We just looked at some of the best stock brokers for active traders. With all this information being thrown at us, how do we know which one is really best for us?

All these brokers offer cheap commissions as well as some alternate rate that can be chosen. The more serious, advanced, and frequent trader will find Interactive Brokers to be good, otherwise you will be better off with the other options.

Below is a chart the briefing summarizes the price structure and minimums you may need to fill:

Broker
Commissions
(stocks/options)
Acct.
Minimum
Best
For
thinkorswim $9.95/stock
trade (5000 shares max) or $.015/share (500 min)
$500 All
active traders
MB
Trading
Direct: $.01 per share for first 500 shares and $.005 per share for unlimited additional shares ($1 min) Smart: $4.95 for up to 10,000 shares and $.005 for additional. $1,000 All
active traders
Interactive
Brokers
varies/cheap $10,000 Advanced
active

If you would like a broker to be reviewed in our next batch, then leave a comment or use the contact form. Make sure there has already has not been a stock broker review for it.

For those looking to enter the stock market, also take a second to download my free guide to entering the stock market.

More on this topic (What's this?)
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Read more on Picking an Online Stock Broker, Interactive Brokers Group at Wikinvest
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