I would appreciate if you could share which trading brokerage (if any) you prefer the most and why (execution quality, UI, fees, user support, etc.)
Thank you!
They continue to work and improve it (which I'm relieved about, because Schwab's mobile app is awful, Webull is worse, and I don't know how anyone uses RobinHood for options trading, it's so hard to do cancel/replace orders with them, which I do constantly).
The good: Similar to vanguard and fidelity on most dimensions which are also mentioned in this thread, but they’re also a bank so you can have a checking + savings account with them and all your finances are then in one place (IRA, brokerage, banking all in one). Their checking accounts offer free ATM withdrawals from any ATM world wide and when traveling they offer the actual exchange rate when withdrawing cash. Also, they have excellent customer service in my experience. Their research offering on equities is decent. Also $0 commissions on on trading equities, ETFs, most bonds and CDs.
Down sides in my opinion (YMMV): options trading is meh on Schwab, but most people shouldn’t be dabbling in options anyway. Their fully managed offerings have 0% fees, but the funds they pick internally are somewhat higher fee Schwab funds so watch out for that. You might be better off managing your own set of mutual funds/ETFs rather than going with their robo advisor if that’s what you’re after. Sometimes they do maintenance on their site on the weekends that spans beyond the midnight hours. Their mobile app is very functional but some features are slow even on an iPhone 12. Few physical branches if that’s important to you.
1. India - Kite by Zerodha[0]. Zero brokerage fees (!) for equity delivery. INR 20 for options. Easy to understand UI and great community
2. Australia - Superhero [1]. Zero brokerage for buying ETFs. Easy app but given my infrequent usage (once a month) not really a problem.
[0]https://zerodha.com/ [1]https://app.superhero.com.au/log-in
I'm on the founding team of Options AI. We're taking a fresh approach and focusing on removing the complexity and friction involved with creating and managing options trades. Our customers tend to use options to generate income rather than the YOLO trades seen on reddit. The interface is visual and translates the information embedded in the chain so you can deploy smarter strategies and manage portfolio risk. Visit our site for more info: https://www.optionsai.com
It's $5 per trade - any strategy or size but I've added a referral link with 2 months free if you would like to give us a try. https://id.options.ai/register?code=hackernews
It’s not strictly a “trading” platform, in the sense that it’s not meant for day trading.
Was intrigued by Titan but they are pricey.
Shameless referral link if you feeling it (both get rewards).
I’ve found the UI to be pretty poor in some respects.
Mobile Trading: E-Trade.
P.S. Oliver, is that really you? How was your space flight? :) Btw your comment is "dead" so you should contact the admin to fix that.
Before moving to the US I used to trade via Degiro (Dutch local brokerage), there is no much choice in the Netherlands.. US is the land of opportunities like space conquest and commission-free trading :)