Fidelity

Why we like itFidelity may be known for its retirement accounts, but active traders shouldn’t overlook the brokerage’s $0 trade commissions, wide investment selection, large scope of research and strong trading platform. It’s a well-rounded broker suitable for nearly all investors.

Pros

  • Commission-free stock, ETF and options trades.
  • Large selection of research providers.
  • Strong customer service.
  • Expense-ratio-free index funds.

Cons

  • Relatively high broker-assisted trade fee.

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