Best Stock Brokers
Best Stock Brokers
In this video I share what I feel the best stock brokers are, both in the USA and outside the USA and then I share my perspective on a goal that a lot of people have, which is to become a millionaire.
To do this I combined data from 8 websites that ranked brokers which were Nerd Wallet, Stockbrokers, InvestorJunkie, Motley Fool, ConsumersAdvocate.org, Kiplingers, Investopedia, and BrokerChooser, as well as I ran a poll asking for people’s favorite brokers on my discord server that has over 2750 stock investors on it.
Given that each of those websites I mentioned that ranked brokers had slightly different criteria to arrive at an overall score, I decided I would utilize a points system where I gave 10 points for a broker if it was the the highest rated in a website’s reviews, 5 points if it was the 2nd highest broker in reviews, and then I added 1 point for each Discord vote it got, to more heavily count Discord votes.
Note, it looks like Trading 212 doesn't charge currency conversions, but https://www.daytrading.com/trading212 said they did. So, it looks like Trading212 Invest is free and and Trading212 cfd has fees (which are seemingly the underlying cost of the instrument).
Also, eToro doesn't charge for following :)
USA Brokers
3:16 16th place
4:21 15th place
4:44 14th place
5:07 13th place
5:53 12th place
5:53 11th place
7:38 10th place
9:24 9th place
10:12 8th place
10:47 7th place
11:17 6th place
11:59 5th place
12:57 4th place
13:54 3rd place
14:34 2nd place
14:34 1st place
Outside USA Brokers
16:21 5th place
17:45 4th place
18:07 3rd place
18:27 2nd place
18:41 1st place
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Disclaimer: I am not a financial adviser. These videos are for entertainment, inspiration, and educational purposes only. Investing of any kind involves risk. I am only sharing my opinion with no guarantee of gains or losses on investments. Please consult an appropriate adviser and do your own research before making any decisions on anything. I am not responsible or liable for any actions you take. The data shared may be inaccurate.
LINKS:
Nerd Wallet https://www.nerdwallet.com/best/inves...
Stockbrokers https://www.stockbrokers.com/review
InvestorJunkie https://investorjunkie.com/stock-brok...
Motley Fool https://www.fool.com/the-ascent/buyin...
ConsumersAdvocate.org https://www.consumersadvocate.org/onl...
Kiplingers https://www.kiplinger.com/slideshow/i...
Investopedia https://www.investopedia.com/best-onl...
BrokerChooser https://brokerchooser.com/broker-reviews
@Independent Investor / @independentinvestor
@Investing Education / @investingeducation
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