Discover the leading new brokers making waves in 2024. These platforms are known for their innovative features, low-cost trading options, and comprehensive services. Here’s a quick overview of some top picks:
Interactive Brokers
In January 2024, Interactive Brokers began its 47th year as a broker/dealer. We provide direct-access trade execution and clearing services to sophisticated investors, active traders and institutions and have a consolidated equity capital of $15.2 billion.
Interactive Brokers is headquartered in Greenwich, Connecticut and has 2,950+ employees in its offices in the USA, Canada, the United Kingdom, Ireland, Switzerland, Hungary, India, China (Hong Kong and Shanghai), Japan, Singapore, and Australia. IBKR is regulated by the SEC, FINRA, NYSE, FCA and other regulatory agencies around the world.
Is a member NYSE – FINRA – SIPC and regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission.
Headquarters: One Pickwick Plaza, Greenwich, CT 06830 USA
Website: www.interactivebrokers.com
eToro
eToro is the trading and investing platform that empowers you to grow your knowledge and wealth as part of a global community. With innovative investment tools and a collaborative trading community, eToro empowers millions of users in over 100 countries to trade and invest in a simple and transparent way.
eToro (UK) Ltd, is authorised and regulated by the Financial Conduct Authority (FCA) for investment-related services Firm Reference Number: 583263. Registered in England under Company No. 07973792. Registered office: 24th floor, One Canada Square, Canary Wharf, London E14 5AB
Website: https://www.etoro.com
Fidelity
Fidelity now offers the Fidelity ZERO Total Market Index Fund (FZROX), Fidelity ZERO International Index Fund (FZILX), Fidelity ZERO Large Cap Index Fund (FNILX), and Fidelity ZERO Extended Market Index Fund (FZIPX) available to individual retail investors who purchase their shares through a Fidelity brokerage account. Individual investors total includes 47.5 million customers who have direct relationships with Fidelity through retail, workplace, and the Health Care Group and 5.7 million customers who have indirect relationships, including customers served by advisors who have clearing and custody relationships with Fidelity Institutional Wealth Management Services. Fidelity Internal Information as of June 30, 2024. Includes all Fidelity investment products, such as mutual funds and managed accounts.
Contact number: 800-343-3548
Website: https://www.fidelity.com/
Zacks Trade
Zacks Trade is a division of LBMZ Securities Inc. Zacks Trade is an online broker dedicated to traders and investors. They offer access to powerful trading platforms, robust research collections, and knowledgeable support staff to take your trading goals to the next level. Go it alone with the power of Zacks Trade Pro, keep trades easy in the Client Portal, or trade on the move with the Zacks Trade app. Plus, get access to complimentary broker-assisted trades when you need an extra hand. Whatever your trading style, Zacks Trade has your back.
Location: 10 S. Riverside Plaza, Suite 1600 Chicago, IL 60606
Contact Number: 312.265.9406 Local ; 888.979.2257 Toll Free
Email: support@zackstrade.com
Website: https://www.zackstrade.com
Charles Schwab
The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co. Inc. (Member SIPC), and its affiliates offer investment services and products. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.
Contact Number: 800-435-4000
Website: https://www.schwab.com
SoFi Invest
SoFi Relay and advisory services are offered through SoFi Wealth LLC, an SEC-registered investment advisor. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov/. For additional information on SoFi Wealth LLC, SoFi Relay, and products and services of affiliates, see SoFi.com/legal. The umbrella term “SoFi Invest” refers to the two investment and trading platforms operated by Social Finance, Inc. and its affiliates (described below). Individual customer accounts may be subject to the terms applicable to one or more of the platforms below.
Customer Support: (855) 456-7634
Email: partnerwith@sofi.com
Website: https://www.sofi.com
Webull
Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). Webull Financial LLC is a member of the Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC), The New York Stock Exchange (NYSE), NASDAQ and Cboe EDGX Exchange, Inc (CBOE EDGX).
Webull Financial, LLC is a CFTC registered Futures Commission Merchant and NFA Member. Futures and futures options trading involves substantial risk and is not suitable for all investors. Please read the Risk Disclosure Statement and other relevant Futures Disclosures located at www.webull.com/fcm-disclosures prior to trading futures products. Futures accounts are not protected by the Securities Investor Protection Corporation (SIPC).
Contact number: +1 (888) 828-0618
Email: customerservices@webull.us
Website: https://www.webull.com
Alpaca Trading
Alpaca is a modern brokerage platform that provides access to the financial markets through developer-friendly APIs. By using Alpaca API, businesses build investing applications and features for their services. Also, programmatic traders can develop algorithms to automate trading strategies.
Today, they offer global access to US stocks, options, and cryptocurrencies both in notional and fractional formats. More than 150 businesses from 30 different countries such as Turkey, Indonesia, India, Saudi Arabia, the US, Japan, Thailand, and Australia have launched their investing applications in the last three years. Furthermore, they are supported by a strong developer community of 25,000 monthly active developers (“MAD”). We are actively working on new product offerings such as global stocks and fixed income.
Email: support@alpaca.markets
Website: https://alpaca.markets
Fidelity International
Fidelity International offers investment solutions and retirement expertise to institutions, individuals and their advisers around the world. We bring together savings and pensions expertise with world-class investment choices – both our own and those of others – to help our clients build better futures for themselves and generations to come.
Website: https://www.fidelityinternational.com
Trading 212
Trading 212 is a fintech company that democratises the financial markets with free, smart and easy to use apps, enabling anyone to trade Stocks, ETFs, Forex, Commodities, and more. Trading 212 is a trading name of Trading 212 AU PTY LTD, Trading 212 UK Ltd., Trading 212 Markets Ltd. and Trading 212 Ltd.
Trading 212 UK Ltd. is registered in England and Wales, authorised and regulated by the Financial Conduct Authority, FCA (Firm reference number 609146). Trading 212 Markets Ltd. is registered in Cyprus, authorised and regulated by the Cyprus Securities and Exchange Commission, CySEC (License number 398/21).
Email: info@trading212.com
Address: Aldermary House, 10-15 Queen Street, London, EC4N 1TX
Website: https://www.trading212.com
In summary, these top new global brokers of 2024 offer a diverse range of features and low-cost trading options, making them standout choices for investors worldwide. Whether you’re looking for comprehensive research tools, social trading, or zero-commission trades, these platforms provide innovative solutions to meet various trading needs.
