May 2011

Filed under:

Best Of Lists, Brokerage News

Barron’s Magazine 2011 Top Stock Brokers

In the 16th annual stock broker ranking and reviews conducted by Barron’s, the magazine noticed more brokers leaning toward web tools and building a social community.

The magazine has broken down brokers in a number of different categories. Below are the top rankings for the average trader.

Best for Long-term Investing

  1. Fidelity (4 1/2 stars)
  2. TD Ameritrade (4 1/2 stars)
  3. Schwab (4 stars)
  4. E*Trade (4 stars)
  5. Tradeking (4 stars)

Best for Frequent Traders

  1. TradeStation (4 1/2 stars)
  2. MB Trading (4 1/2 stars)
  3. Interactive Brokers (4 1/2 stars)
  4. Lightspeed Trading (4 1/2 stars)
  5. thinkorswim (4 stars)

Best for Options Traders

  1. thinkorswim (4 1/2 stars)
  2. tradeMonster (4 1/2 stars)
  3. OptionsHouse (4 1/2 stars)
  4. optionsXpress (4 stars)
  5. TradeKing (4 stars)

Best for International Traders

  1. Interactive Brokers (4 1/2 stars)
  2. ChoiceTrade (4 stars)
  3. TradeStation (4 stars)
  4. optionsXpress (4 stars)
  5. MB Trading (4 stars)

source – Barron’s Magazine Online