Best website to buy stocks

What's the best website to purchase stocks? I heard about Robinhood and people use it a lot since it's free?

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Comments (18)

  • Principal in PE - LBOs
Jan 26, 2021 - 10:30am

No real difference these days, just pick the one with the user interface you like the best. Fidelity, ETrade, etc. are all fine

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Jan 26, 2021 - 12:54pm

I'm partial to E-Trade, I've used it for a long time so I'm just used to it by now. Has good access to a wide variety of funds, fees have come down like most others to basically 0 unless you are an options trader. I also like that, should I want it, lots of research is available through their platform - which I view as a plus, although who cares today when everyone is just YOLO'ing options. 

If you want margin, good rates, borrow, really active options trading - Interactive brokers comes highly rated on that front, I know plenty of people who use it and love it. 

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  • Associate 1 in AM - Equities
Jan 26, 2021 - 5:06pm

I use Robinhood because they make me feel good when I invest. I would recommend using Reddit as a source of research. There's a really cool thread I found r/Wallstreetbets with a lot people who have some really good ideas and we can all support each other's investment.

Jan 26, 2021 - 7:30pm

If you're a beginner, I would use WeBull instead of Robinhood. The interface is much more informative. And I feel like I have more choice and control over my trades. Been using both since July but I mainly trade on WeBull now where I have 60% pnl (about $24k)

Jan 28, 2021 - 7:57am

How about Motley Fool? It is one of the best stock picking services around. They have a lot of experience in this field, and it makes sense to work with them. I have chosen them after reading a thorough review about them online. For now Motley Fool stock picking has helped me make better investments. They update the list of the best stocks to buy, and they also give you two new stock picks every month. For now, I have been listening to what they have to say, and it has been working for me. There are profits that I've already made, big recommendation for these guys.

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