Fidelity Investments, TD Ameritrade and Charles Schwab recognized as leaders among influx of new traders
NEW YORK, January 6, 2022 /PRNewswire/ –Today, Investopedia (www.investopedia.com) announced the winners of its third annual 2022 Best Online Brokers Awards, showcasing the platforms that have best met the radically changing needs of clients. Last year was one of the most momentous years for online brokers as they faced unprecedented challenges including wild market swings, millions of new retail traders joining the markets, a scrutiny from lawmakers and a growing demand for cryptocurrencies. These trends, along with the growing interest in investing and trading among a new generation of customers, are here to stay.
Investopedia’s Top Online Broker Awards evaluate brokers based on 12 key categories and 103 variables, reviewing the most critical elements users would need to thoroughly evaluate an online broker. To see the full list of winners and rankings by category, visit the Investopedia 2022 Best Online Brokers Awards page. here.
“Over the past year, brokers’ reliability, pricing and range of offerings have all been tested,” the Investopedia editor said. Caleb Silver. “Investors have become more demanding of the platforms they use and the products and services they expect from them, from traditional securities to crypto. Our list of the best online brokers represents platforms that have risen the challenge.”
Winners of the 2022 Investopedia awards for the best online brokers:
Best Overall: Fidelity Investments
Best broker for beginners: TD Ameritrade
Best Mobile Apps: TD Ameritrade
Best Options Broker: Tastyworks
Best Low Cost Broker: Fidelity Investments
Best broker for advanced traders: Interactive Brokers
Best Cryptocurrency Exchange: Coinbase
Best broker for international trade: Interactive Brokers
Best broker for ETFs: Charles Schwab
Best broker for ease of trading experience: E*TRADE
Best Broker for Customer Service: TD Ameritrade
Best Broker for Low Cost Options Trading: Webull
Investopedia helps its more than 18 million US monthly users (Comscore, November 2021) learn to understand complex financial concepts, improve their investment skills and manage their money. Whether in a classroom, boardroom, or living room, Investopedia’s editors and network of financial advisors and experts have been answering questions and earning readers’ trust since 1999. Investopedia is part of the Dotdash Meredith family of brands.