Broker List in United States
When it comes to investing, choosing the right broker can make all the difference. Here is a list of some of the top brokers in the United States:
- Online Brokers
- Commission-based
- Fee-based
- Full-Service Brokers
- Discount Brokers
- Robo-Advisors
Online Brokers
Online brokers offer a range of investment options and can be great for investors who want to manage their own portfolios. Online brokers can be commission-based, charging a fee for each transaction, or fee-based, charging a management fee based on the total value of the portfolio.
Commission-based Online Brokers
Commission-based online brokers charge fees for each transaction, whether it’s buying or selling stocks, ETFs, mutual funds or options. They may also charge additional fees, such as account maintenance fees, IRA fees or fees for account transfers.
Fee-based Online Brokers
Fee-based online brokers charge a management fee based on the total value of the portfolio. They may also charge additional fees for certain services, such as investment advice or financial planning.
Full-Service Brokers
Full-service brokers offer a range of investment services, including investment advice, financial planning, and portfolio management. They are typically more expensive than online brokers but can be a good choice for investors who need more hands-on support.
Discount Brokers
Discount brokers offer a range of investment options at lower prices than full-service brokers. They typically offer online trading platforms, but may not offer the same level of support as full-service brokers.
Robo-Advisors
Robo-advisors use algorithms to manage portfolios and offer investment advice. They are typically less expensive than full-service brokers and may be a good choice for investors who want a hands-off approach to investing.