Top 25 Investment Brokerage Firms in 2024


List of U.S. top 25 brokerage firms. Best 25 investment companies rankings and ratings.


Top 25 Brokerage Firms


Broker Website Rating Stock/ETF
Commission
Minimum
to Open
Charles Schwab Charles Schwab rating

$0 $0
Fidelity Fidelity Investments rating

$0 $0
WeBull Webull rating

$0 $0
Firstrade Firstrade rating

$0 $0
Robinhood Robinhood Trading rating

$0 $0
TastyTrade TastyWorks rating

$0 $0
Etrade Etrade rating

$0 $500
Merrill Edge Merrill Edge rating

$0 $0
Interactive Brokers Interactive Brokers rating

$0 $0
TradeStation Tradestation rating

$5 $500
Vanguard Vanguard rating

$0 $1,000
JP Morgan Chase Brokerage Rating

$0 $0
Moomoo 2-star brokerage rating

$0 $0
LightSpeed Trading 3-star brokerage rating

$4.50 $10,000
Sogotrade 3-star brokerage rating

$5 $0
WellsTrade Wellstrade rating

$0 $0
ChoiceTrade 3-star brokerage rating

$5 $0
Trading Block 3-star brokerage rating

$7.50 $500
SpeedTrader 3-star brokerage rating

$6.95 $0


When choosing an online broker, companies rankings can be an extremely useful information in narrowing down the potential list of brokerages to consider. In 2024, we have reviewed top 25 investment firms in the United States and compiled our finding in the table above.

Many of the top 25 investment firms in the list above are familiar names. These companies have gained their ranking by offering competitive pricing, good customer service, and efficient online trading tools.

The most obvious difference among the top 25 brokerage firms is in pricing. Commissions and fees are often the deciding factor for most traders and many long term investors. Most of the top brokerage firms offer stock trading for under $10. The pricing is ranging from $0 per stock or ETF trade at Webull and up to $15 for the same trades at Muriel Siebert.

Webull, Charles Schwab, Fidelity Investments and Firstrade top the list of 25 best brokerage houses with equally high, 4.5 star rankings. Investors do not have to make a large initial deposit to open an account with most of these top 5 brokerage firms—only Fidelity has a high account minimum requirement of $2,500 to open a brokerage account.

Next in the top 10 investment firms list are well known names in the brokerage industry: Etrade, Interactive Brokers, and TradeStation. All of these companies have a large customer base, and offer a full spectrum of brokerage services.

We encourage prospective customers to read detailed reviews of the top 25 brokerage houses that spiked their interest. The links to the reviews are located on the right side of the list above. Many companies also offer promotional offers to new customers opening a brokerage account. The list of promotions is located under this link.


What is Value Investing?


What do the top 25 investment firms for individuals and well-known Wall Street investors like Warren Buffet, Walter Schloss, Irving Kahn, Mario Gabelli, and Joel Greenblatt have in common? They have all successfully used a strategy known as value investing to grow their wealth. You might have heard about "value investing" and wondered what it exactly means.

Value investing is a strategy that was first laid out by Ben Graham in his 1934 book, Security Analysis. It basically involves picking stocks that are not popular in the market because of investor overreaction. This overreaction often drives the stock's price way below its actual worth. If a value investor buys these stocks, they stand to make a good profit when the market corrects its mistake and realizes the true value of the stocks. In simpler terms, value investing means buying stocks that are undervalued by a market acting irrationally.

Warren Buffet famously said, “Follow Graham, and you will profit from folly rather than participate in it." Buffet, who made his wealth by adhering to Graham's principles, is perhaps Graham’s most successful follower.

Updated on 10/3/2024.