What are the best discount brokers?

Benzinga readers often choose Interactive Brokers or Robinhood as the best discount brokers. There have never been more options for traders looking to buy and sell stocks on the cheap. Heightened competition and industry consolidation has led to pricing wars among online brokers, and commissions have now been falling for several years.

What is a discount broker?

ALSO CONSIDER: Best brokerage account promotions || Brokerage accounts with high interest rates || Best brokers for free trading || Best investing apps A discount broker is an online stock broker with rock-bottom pricing — generally, discount brokers charge no commission to buy or sell stocks, and keep other fees as low as possible.

What is the best discount broker for day trading & serious investors?

Interactive Brokers is the best discount broker for day trading and serious investors. Its powerful platform executes trades more quickly than other brokers, giving investors an edge. Interactive Brokers know that serious investors trade frequently. For this reason, the company aims to keep fees low, especially with more advanced strategies.