Compare the best stock brokers in 2022

A good stock broker makes it easy to invest in stocks and shares. This guide compares the best stock brokers for all levels of experience and ranks them to help you choose one.
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Updated: May 25, 2022

What are the best stock brokers?

If you’re ready to start investing right away you can select a stock broker from the table below. Recommended by our stock market experts, the brokers below are the best around. Click on any of the links to get started in minutes, or read on for our in-depth comparisons.

1
Min. Deposit
$10
Promotion
User Score
10
Trade/invest in stocks with just $10
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Pros:
Trade/invest in stocks with just $10
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.
2
Min. Deposit
$0
Promotion
User Score
9.3
$0 commission and $0 Options contract fees
Upgraded research with advanced charts
Smart Menus for faster trades
Start Trading
Pros:
$0 commission and $0 Options contract fees
Upgraded research with advanced charts
Smart Menus for faster trades
Payment Methods
Full regulations list:
3
Min. Deposit
$500
Promotion
User Score
8.7
We offer one of the best execution speeds in the industry with low latency
Award-winning support in 14 languages
Trade with precision from 0.5 pips on EURUSD
Start Trading
Pros:
We offer one of the best execution speeds in the industry with low latency
Award-winning support in 14 languages
Trade with precision from 0.5 pips on EURUSD
Payment Methods
Bank Transfer, Bank Wire, Credit Card, Debit Card, PayPal, Sofort, neteller, skrill
Full regulations list:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Top stock brokers

1. eToro: Best stock broker overall

eToro has lots of features that make it the best stock broker. It offers more than 2500 stocks and has zero fees for buying and selling shares. Its proprietary platform has been designed for both experienced and novice investors alike. 

While eToro is best known for its brokerage services, it also doubles as a social trading network. Investors can use its copy feature to mimic the stock investments of other users. Its platform is easy to use and you can quickly search for stocks using their ticker symbols or company names. eToro also offers a range of other asset classes such as FX and crypto. 

Sign up with eToro >

68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money 

Pros

  • No fees to pay when buying and selling stocks
  • Social trading features
  • Over 2500 stocks available 
  • Range of other financial instruments

Cons

2. Capital.com: Best stock broker for beginners

Novice stock market investors will be best suited to Capital.com’s brokerage services. Alongside its simple-to use investing platform it has a learning centre with a range of content aimed at beginners. Included in its educational package is over 70 videos explaining the basics of the stock market all the way to advanced investment strategies. 

Capital.coms focus on education stretches to mobile too. It offers an app known as ‘Investmate’ which makes it easy for new stock market investors to learn while not at their desktop computers. In total there are over 6000 assets that can be bought and sold with the broker, including a good range of both U.S. and international stocks.

Sign up with Capital.com >

Pros

  • Lots of educational content
  • No commissions
  • Mobile learning app
  • Both U.S and international stocks

Cons

3. Plus500: Best mobile-friendly stock broker

Most stock brokers offer mobile apps alongside their desktop platforms, however the best rated app belongs to Plus500. Its mobile application can be downloaded on the Apple App Store and Google Play store. It is designed with both experienced and novice stock investors in mind. 

Beginners can use its app to access a vast amount of educational content through its learning centre. Experienced investors can buy and sell shares from a range of global markets while making use of advanced risk management tools. One key benefit of Plus500 is its low fees. It has zero commission on stocks and low spreads.

Sign up with Plus500 >

Pros

  • Regulated in multiple jurisdictions
  • Zero commission
  • Low spreads
  • Access to other assets like FX, indices, commodities

Cons

4. Skilling: Best CFD broker

Skilling is the best rated stock broker for investors wanting to use CFDs. Using CFDs to invest in stocks has a lot of benefits, most notably you can go both long (buy) and short (sell) shares in a company. Skilling makes CFD stock investing easy with its three platforms – Skilling Trader, Skilling cTrader, and Skilling MetaTrader 4. 

Each platform is designed for investors who have a focus on technical analysis. On its three platforms it is possible to use an array of technical tools to help with timing your stock investments. One key drawback is that when using CFDs you do not actually own any shares, which can be an issue for some investors, especially those with dividend stocks.

Sign up with Skilling >

Pros

  • Three investment platforms 
  • Over 700 global stocks 
  • Ability to go long (buy) and short (sell)
  • Technical tools for market analysis

Cons

What is a stock broker?

It’s a regulated business that buys and sells stocks on the instruction of their clients. Stock brokers have access to exchanges such as the Nasdaq where shares are traded. Individual investors generally do not have the same access and use the services of a stock broker. There are three types of brokers: full service, discounted, and online. 

The most common types of stock broker these days are either discounted or online. The stockbrokers on our comparison list above all are online firms. Online stock brokers offer trading platforms that investors can use to electronically buy and sell securities. These types of stock brokers have low fees and make their money through spreads. 

How does a stock broker work?

A stock broker acts as a ‘middleman’ between an investor and the exchange. Stock brokers facilitate investors buy and sell orders through online trading platforms. These platforms connect and match investors’ orders directly with other orders in a stock exchange. Using a stock broker is the easiest way to buy and sell shares. 

How should I choose a stock broker?

  • Fees. When buying and selling stocks you’ll undoubtedly need to consider how much it will cost you. All stock brokers need to make money for themselves and usually this is done through commissions and spreads. You should make sure you check out your chosen stock brokers fee schedule before registering an account. 
  • Range of markets. There are lots of different stock markets around the world but not every stock broker offers the same number of markets. Usually the main exchanges such as the Nasdaq and London Stock Exchange are included with most brokers, but if you want to invest in other markets you’ll need to make sure your broker offers it. 
  • Platform. Online stock brokers offer trading platforms for investors. The best platforms are easy to use and have additional features like technical indicators and educational features. Lots of stock brokers let you use their platforms for free via a demo account before registering a funded investment account. 
  • Security. Stock brokers need to have proper regulation and should be secure if they’re handling client money. Look out for a broker that is regulated in your region as it will vary depending on where you live. You should also make sure your broker has additional security features like 2FA when logging in for example. 
  • Payment fees. Some stock brokers charge fees for depositing or withdrawing funds. These fees can quickly add up, especially if you make lots of transactions. Some brokers accept a range of payment methods which all have different costs associated with them. 
  • Technical tools. A popular method of investing in stocks used by lots of investors involves technical analysis. Technical analysis is a way to analyse price charts for individual shares and often requires additional tools known as indicators. If you want to perform technical analysis, make sure your broker offers the right tools. 
  • Mobile app. Almost all stock brokers will give access to your account via a mobile device. Some even have their own apps that can be used to buy and sell shares. The best mobile apps offer the same functionality as desktop platforms. You can check out customer reviews before registering with a stock broker to find out about apps. 

Should I use a stock broker?

Yes. If you want to invest in the stock market using a stock broker is your only choice. Although it is possible to invest directly in businesses, a stock broker will make the whole process much less complicated and faster. Stock brokers give individual investors access to worldwide stock markets and thousands of company shares. 

When using a stock broker you’ll often be able to use additional features like price charts, technical tools, and professional market analysis. Although using a stock broker does come at a cost. While many brokers these days operate a ‘discount’ model, charges still apply. Only such cost to consider is spread – the difference between the buy and sell price. 

Overall, if you want to buy and sell shares then you’ll need to use a stock broker. There are lots of different options available and using the comparison list above can help you make a decision. 

Pros and cons of stock brokers

Use the pros and cons list below if you’re still unsure whether to use a stock broker.

Pros

  • Can open an account for as little as £1
  • Access to worldwide stock markets and company shares
  • Most stock brokers charge very little fees or are fee free
  • Stock brokers have mobile apps so you can check your account on the go

Cons

What are the fees for stock brokers?

Each broker will have its own fee schedule so it is difficult to say. However when investing in stocks there will be some fees involved. Some stock brokers charge a commission, although this is not too common with discounted or online brokers. Spread, the difference between the buy and sell price is a cost that all investors have to incur. 

FAQs

What is the difference between a trading platform and stock broker?
What is the best stock broker?
How to stock brokers earn money?
Do stock brokers have apps?
Do stock brokers offer other investments

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.