Brokers Rating's goal is to range brokers (Brokers Archive) and provide analysis of the rates (Voting Statistics). This rating is based on votes from all sorts of traders from beginners to seniors. If you have ever traded a live account with any of these brokers, please rate it. You may rate several brokers, but only once a day. First day of every month all rating results are brought to naught. Starting a monthly rating from zero allows to identify a monthly winner and thus more objectively display the voters' oppinion. We rate brokers by the actual number of votes. Monthly voting statistics can be found here.
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Broker
News
For
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Vote
Comments
Stats
Status
1
Muriel Siebert
60%
40%
2
thinkorswim
55%
45%
3
Scottrade
55%
45%
4
TradeKing
55%
45%
5
T. Rowe Price
55%
45%
6
Edward Jones
55%
45%
7
Charles Schwab
54%
46%
8
Morgan Stanley
53%
47%
9
Australian Securities Exchange
53%
47%
10
Sharekhan
53%
47%
11
HY Markets
52%
48%
12
WachoviaSec
52%
48%
13
Smith Barney
52%
48%
14
MARSCO
52%
48%
15
GCI Financial
51%
49%
16
Firstrade
51%
49%
17
ShareBuilder
51%
49%
18
WallStreet*e
51%
49%
19
Zecco
50%
50%
20
SogoInvest
50%
50%
21
Merrill Lynch
50%
50%
22
Charles Stanley
50%
50%
23
City Index
49%
51%
24
OptionsXpress
49%
51%
25
TD AMERITRADE
49%
51%
26
MB Trading
48%
52%
27
Wallfort Financial Services
48%
52%
28
MF Global
47%
53%
29
Fidelity
46%
54%
30
E*TRADE FINANCIAL
46%
54%
31
Wells Fargo
44%
56%
32
Bank of America
43%
57%
33
A.G. Edwards
43%
57%
* Brokers Rating accepts no liability for any errors in the information. For the most recent information, please visit the brokers's site.
25-02-2010 John // A.G. Edwards The brokers are more concerned about getting their commision than looking out for their clients!!
01-12-2008 Jake // Zecco This company does not have clear rules when they handle your account, they will tell you one thing and then do the opposite. You'll lose money for no apparently reason. Their accounting method is out of wack and their website is very stupid. they have ads all over and on high volume hour, you can't log into your account. STAY OUT OF ZECCO!!! Unless you have alot of money and you don't care about people taking it from you then stick your head in Zecco.!
22-10-2008 Donald // Scottrade I've used Scottrade for a few years. Great service and anytime I need to call them they are very helpful and work with me. Only have good things to say about them.
16-10-2008 Sean // Scottrade Cannot get a 15 min. chart except in their elite platform, which requires $25,000 account .
E*TRADE Financial Corporation Reports Monthly Activity for July 2010// 08-30-2010 Daily Average Revenue Trades ("DARTs") for July were 129,147, a five percent decrease from June and a 20 percent decrease from the year-ago period. The Company ended the month with nearly 2.7 million brokerage accounts - including gross new brokerage accounts of 24,034 and net new brokerage accounts of 4,536 during the month. Total accounts ended the month at approximately 4.2 million.
Charles Schwab Chief Investment Strategist Answers Questions via @CharlesSchwab Twitter Channel// 08-30-2010 As part of Charles Schwab’s commitment to help people save, invest and manage their money, Chief Investment Strategist Liz Ann Sonders will be taking investors’ questions about the economy and overall market environment via Schwab’s corporate Twitter handle @CharlesSchwab.
T. Rowe Price Expanding Equity Investment Capability In Australia, Continuing Growth of Global Investment Platform// 08-27-2010 T. Rowe Price, the global investment management company, announced that it is adding equity investment management and research capabilities in its Sydney office to enhance local coverage of Australian equities. The firm has hired Randal Jenneke, an Australian investments industry veteran, to oversee and build its local Australian equity team in the coming months with the hiring of additional analysts. T. Rowe Price has been operating an institutional sales and client service office in Sydney since 2004.
Despite Roadblocks, Some Light at the End of the Tunnel, Finds Charles Schwab Survey of Independent Advisors// 08-27-2010 -While world events have caused independent investment advisors to maintain a somewhat conservative outlook, there are still a few bright spots in their forecast, according to Charles Schwab’s latest survey of independent registered investment advisors. Nearly 60 percent of advisors surveyed say a double-dip recession in the U.S. is unlikely over the next six months, and more than 60 percent expect the S&P to increase during the same time period. Their optimism is tempered by the aftershocks of world events: more than 80 percent of advisors say their investment decisions have been impacted by the European debt crisis, half point to declines in the Chinese market, and 40 percent say the Gulf oil spill gave them cause for concern.
U.S. STOCK MARKET INDICES// 08-27-2010 DJI closed lower on Thursday as it consolidates some of Wednesday's rally. The number of U.S. workers making new claims for jobless benefits fell last week by more than expected, but claims still remain at an elevated level and aren't likely to boost confidence in the economic recovery. Stochastics and the RSI are oversold but remain neutral to bearish signalling that additional weakness is possible near-term. SPI closed lower on Thursday as it consolidates some of Wednesday's rally. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are oversold but remain neutral to bearish signalling that additional weakness is possible near-term. NDI closed lower on Thursday as it consolidated some of Wednesday's rally. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are oversold but remain neutral to bearish signalling that additional weakness is possible near-term.
COFFEE// 08-27-2010 Coffee closed higher due to short covering on Thursday as buying was triggered after the market had plunged 12.4% this week, taking prices to near oversold status. However, it remains below the 20-day moving average crossing despite today's rally. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term.
BULLION// 08-27-2010 Gold closed lower due to a decline in jobless data on Thursday as it consolidates around the 75% retracement level of the June-July decline crossing. Stochastics and the RSI are overbought, diverging but are turning bullish signalling that sideways to higher prices are possible near-term. If it extends the rally off July's low, the 87% retracement level of the June-July decline crossing is the next upside target. Closes below the 20-day moving average crossing would temper the friendly outlook.
ENERGY// 08-27-2010 Crude Oil closed higher due to short covering on Thursday despite record high US oil stockpiles. The mid-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are oversold and are turning neutral to bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it extends this month's decline, May's low crossing is the next downside target.
FOREIGN EXCHANGE// 08-27-2010 EUR/USD closed higher due to short covering on Thursday as it consolidates some of the decline off this month's high. The mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI are oversold but remain neutral to bearish signalling that additional weakness is possible near-term. If it extends this month's decline, the reaction low crossing is the next downside target. Closes above the 20-day moving average crossing would temper the bearish outlook.
