Coinbase Prime is a comprehensive brokerage platform designed for institutions to execute trades and manage custodial assets seamlessly.
FalconX is an emerging platform for institutional crypto trading, offering tools for streamlined strategy management through an intuitive interface.
Crypto.com, a major crypto exchange, now offers an OTC platform tailored for financial institutions and high-net-worth clients, providing instant quotes on large block orders.
Kraken, a trusted crypto exchange, provides OTC trading services for financial institutions, allowing users to execute high-volume orders off the exchange and broker customized deals.
Charles Schwab is renowned for its wide range of Schwab index and mutual funds, offering numerous low-fee, no-load options with a $100 minimum investment. It also provides access to over 2,000 ETFs.
Customer service is a top priority at Schwab, which is why it’s recognized as the best online brokerage for customer support. Phone inquiries are typically resolved within minutes, and Schwab’s live chat (with no chatbots) offers prompt, knowledgeable responses from licensed professionals.
For retirement investors, Schwab offers an extensive network of branches where clients can schedule in-person meetings with financial professionals for retirement planning. Additionally, Schwab’s experts regularly publish new research and educational content on its website, covering financial planning, retirement, and tax topics.
IRA investors will find plenty to appreciate at Fidelity Investments. The firm’s online brokerage offers a strong selection of no-minimum-purchase mutual funds, four zero-expense-ratio index funds, and a comprehensive library of retirement resources.
We selected Fidelity as the best online brokerage for its well-rounded platform, making it an excellent choice for retirement investors, whether they’re active traders or beginners.
Fidelity’s platform also supports fractional share trading for over 7,000 U.S. stocks and ETFs. If you prefer automated management, it’s easy to transfer funds to Fidelity Go, their highly rated robo-advisor platform.
Betterment earned the top spot on our ranking of the best robo-advisors, making it an excellent choice for hands-off IRA investors. With a low $10 minimum investment requirement (no minimum balance after that), opening a managed IRA is simple, and the standard service tier has a competitive annual fee of 0.25% of assets under management.
The platform offers a straightforward account setup process and presents a tailored portfolio for review before funding your account. You can easily adjust your risk profile and rebalance your portfolio between stocks and fixed income. Betterment also provides alternative portfolios focused on strategies like income generation or socially responsible investing (SRI).
Once your balance exceeds $100,000, you can add unlimited consultations with Betterment’s financial advisors for a higher 0.65% annual fee. For lower balances or if you prefer not to pay the higher fee, the platform offers competitive hourly rates for one-time consultations.
