Today, Investopedia (www.investopedia.com) announced the winners of its third annual 2022 Best Online Brokers Awards, showcasing the platforms that best responded to radically evolving customer needs. Last year was one of the most impactful years ever for online brokers, as they faced unprecedented challenges, including wild market swings, millions of new retail traders joining the markets, scrutiny from lawmakers, and a surging demand for cryptocurrencies. These trends, and the growing interest in investing and trading among a new generation of customers, are here to stay.
Investopedia’s Best Online Brokers Awards rates 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 complete list of winners and rankings by category, visit the Investopedia 2022 Best Online Brokers Awards page here.
"In the past year, brokers' reliability, pricing, and range of offerings were all put to the test," said Investopedia Editor-in-Chief Caleb Silver.
"Investors have become more demanding of the platforms they use, and the products and services they expect them to offer, from traditional securities to crypto. Our list of the best online brokers represents those platforms that rose to the challenge." Winners of the Investopedia 2022 Best Online Brokers Awards:
Best Overall: Fidelity Investments
Best Broker for Beginners: TD Ameritrade
Best Mobile Apps: TD Ameritrade
Best Broker for Options: Tastyworks
Best Broker for Low Costs: Fidelity Investments
Best Broker for Advanced Traders: Interactive Brokers (NASDAQ:IBKR)
Best Cryptocurrency Exchange: Coinbase (NASDAQ:COIN)
Best Broker for International Trading: Interactive Brokers
Best Broker for ETFs: Charles Schwab (NYSE:SCHW)
Best Broker for Ease of Trading Experience: E*TRADE
Best Broker for Customer Service: TD Ameritrade
Best Broker for Low-Cost Options Trading: Webull
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