Internet broker
Below is a list of the best internet brokers complete with their fees for trading shares and account minimums. Please be aware your capital may be at risk.
Plus500
Recommended for UK traders.
CFD account | Worldwide (except US due to national laws)
Plus500 is a contract for difference (CFD) account that offers an easy to use trading platform and also allows you to trade using your iPhone/iPad/Android etc. You can read more about CFD’s here.
Plus500 offers a great first time deposit bonus and even £20/€25 welcome bonus to trade with initially to test out the trading platform. Bonuses go up to $10,000! A CFD account is tailored towards the day and swing trader.
- trade from spreads of 2 points
- no minimum deposit
- get up to $10,000 bonus
- no stamp duty payable
- £5/€5 inactivity fee if no trade for 3 months
read our full Plus500 review | open a Plus500 account
TD Ameritrade
Recommended for US traders.
Brokerage account | Worldwide
TD Ameritrade is a really nice brokerage for both beginners and for advanced traders. They’ve got an exceptional variety of tools to accommodate both ends of the spectrum. They’ve got lots of free online training as well as their myTrade Community, where you can share ideas with other traders. They offer a practice trading platform called paperMoney. And you get to trade for free the first 60 days!
- Trade free for the first 60 days
- Get up to a $600 bonus when you sign up
- Free extensive online training
- paperMoney trading-practice platform
- myTrade community – share ideas with other traders
- Free real-time streaming quotes
- Free access to Level II quotes
- Forex trading
- $9.99 online stock trades after the first 60 days
- No account maintenance fees
Join TD Ameritrade. Trade free for 60 days + Get up to $600.
Scottrade
Brokerage account | US based
Scottrade is a premier US-based full-service brokerage that’s been around for a very long time. No matter the skill level, they provide the online trading tools, educational resources, banking services, and investment products for traders and investors. They don’t charge any setup or maintenance fees, and online trades are just $7.
- $7 flat fee
- No setup fees
- No annual fees
- No inactivity fees
- $100 in transfer fees refunded
- Free research and trading tools
Options House
Brokerage account | US based
Options house is a value broker based in the US. They are one of the cheapest brokers around and are ideal if you are opening a brokerage account with a small amount of money, as the trading fees will not cut into your profits like they would with an expensive broker.
- $3.95 flat fee
- No account minimum
- No charge for account inactivity
- $15 wire transfer out fees
- Free US data feeds
TradeKing
Brokerage account | US based
TradeKing has won several awards in the US from companies like SmartMoney and Wall Street Journal in the best discount broker category. The brokerage account is easy to use and ideal for the new investor. TradeKing also have no minimum deposit and do not charge inactivity fees.
- $4.95 flat fee
- No account minimum deposit
- No charge for account inactivity
- $20 wire transfer out fee
- Free US data feeds
Financial Spreads
Spread Betting account | Worldwide (except US due to spread betting law)
Financial Spreads are a spread betting firm that offer a different type of account to trade shares with than a brokerage account. Read more about spread betting. Financial Spreads have a trusted reputation in the UK spread betting industry.
A spread betting account is tailored towards the day and swing trader as overnight fees are incurred, however the financial benefits spread betting offers outweigh the overnight charges.
- trade from spreads of 1 point
- no minimum deposit
- no capital gains tax payable
- no stamp duty payable
Open a Financial Spreads account
eToro
Available in 140 countries
FOREX brokerage account and investment social network | Worldwide
eToro is a new spin on things to help make buying shares even more fun and more profitable. eToro is an English based Forex company that provide a FOREX trading platform that you can open a free practice account on. The site is very user friendly and therefore makes it easy for users who benefit from a ‘hands on’ approach to learning.
eToro is the worlds leading social investment network, you can tap into the wisdom of the crowds to help you make smarter investment decisions. You can see follow and copy the best investors in the world.
- stocks fees – 0.1% of the execution price or a minimum of 1 cent per transaction.
- withdrawl fee of $5 to $25
- $5 monthly inactivity fee if no login for 12 months
eToro: Copy other people’s success
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