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Best Online Brokers and Trading Platforms for August 2024

Review Updated 5 August 2024

Introduction

Opening an account with an online broker has never been easier. With most platforms, you can sign up and start investing in a matter of minutes. But choosing the right broker is crucial. The best online brokers can save you hundreds of dollars in fees and offer valuable services such as financial advice, research tools and high-yield accounts for uninvested money.

Our Expertise

Our team of experts spent hundreds of hours reviewing more than 47 brokers. We evaluated key factors such as commissions, fees, account types, customer service and additional services. Based on this extensive research, we have compiled a list of the best online brokers for August 2024.

These are the platforms we trust and recommend. Whether you’re just starting out in investing or looking to optimise your trading strategy, these brokers have something to offer.

Here are the brokers listed above with links to open accounts or access their websites:

Broker/Advisor

Best For

Advanced trading platform

Commissions

$0 for stocks and ETFs

FBS

Low rates and attractive bonuses

$0 for stock trades, competitive spreads

International investors

Low commissions for global trading

Mobile investment

$0 per trade

Active traders

Share trading for just $0

Account bonus

$0 per trade

New investors

$0 commission for online trading in US shares and ETFs

Search tools

$0 for shares and ETFs, other fees apply

Integrated financial consultancy

$0 for shares, ETFs and options

Premium customer service

$0 for trading shares and ETFs

BEST FOR:

Advanced trading platform

COMISSION:

$0 for stocks and ETFs

FBS

BEST FOR:

Low rates and attractive bonuses

COMISSION:

$0 for stock trades, competitive spreads

BEST FOR:

International investors

COMISSION:

Low commissions for global trading

BEST FOR:

Mobile investment

COMISSION:

$0 per trade

BEST FOR:

Active traders

COMISSION:

Share trading for just $0

BEST FOR:

Account bonus

COMISSION:

$0 per trade

BEST FOR:

New investors

COMISSION:

$0 commission for online trading in US shares and ETFs

BEST FOR:

Search tools

COMISSION:

$0 for shares and ETFs, other fees apply

BEST FOR:

Integrated financial consultancy

COMISSION:

$0 for shares, ETFs and options

BEST FOR:

Premium customer service

COMISSION:

$0 for trading shares and ETFs