Common brokers in the United States include Firstrade, Interactive Brokers IB and Charles Schwab. Each of them has its own characteristics, advantages and disadvantages. Let’s start with IB Interactive Brokers. In addition to removing the account opening threshold, it is the only one among the three brokers that requires transaction fees, but for long-term investors like us Said, there are no frequent transactions, so the impact is not big.
GUGU Online Securities:
Odd lot trading can be done with just one dollar, and credit card deposits are super convenient!
Interactive Brokers IB:
The cheapest withdrawal fees, there are simulated positions list of czech republic whatsapp phone numbers available, and the operation interface is relatively friendly.
IB Interactive Brokers: Open an Account Now
IBKR open
Charles Schwab:
It has a high threshold for opening an account, requiring US$25,000, which is difficult for petty bourgeoisie to afford.
Firstrade:
The withdrawal fee is the most expensive, and there is no simulated warehouse for practice operations, lacking opportunities for novices to practice.
Here’s how these three brokerages compare:
Brokerage firm
GUGU Trade
(account opening experience)
Firstrade
US stocks/ETFs
US stocks/options/ETFs
Worldwide Stocks/Options/ETFs/Futures/Forex
US stocks/options/ETF/futures
Demo account
Chinese interface and customer service
dividend reinvestment plan
Recommendation index
high
middle
high
middle
IBKR open
More articles: [Evaluation] GUGU Online Securities_Easy-to-use US stock brokerage APP recommendation and account opening tutorial
[Extended reading]
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Comparison of major U.S. brokerages
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