Here’s a detailed overview of famous brokerage accounts around the world, including options available for trading in various regions like Australia, Singapore, Hong Kong, India, and China:
1. United States
Fidelity Investments
Account Types: Individual brokerage accounts, retirement accounts (IRAs), managed accounts.
Features: No commissions for online stock and ETF trades, extensive research tools, and investment education resources.
Platforms: Fidelity website and mobile app with advanced trading features.
Charles Schwab
Account Types: Individual accounts, joint accounts, retirement accounts, and custodial accounts.
Features: Commission-free trades on stocks and ETFs, robust research tools, and access to financial advisors.
Platforms: Schwab’s trading platform and mobile app with a user-friendly interface.
TD Ameritrade
Account Types: Individual and joint accounts, retirement accounts, and custodial accounts.
Features: Commission-free trading for stocks and ETFs, extensive educational resources, and a powerful trading platform (Thinkorswim).
Platforms: Web platform and mobile app with advanced charting and analysis tools.
E*TRADE
Account Types: Individual brokerage accounts, retirement accounts, and managed accounts.
Features: Commission-free trading on stocks and ETFs, extensive research and analysis tools, and educational resources.
Platforms: E*TRADE website and mobile app with customizable trading tools.
Robinhood
Account Types: Individual brokerage accounts with no minimum balance.
Features: Commission-free trading for stocks, ETFs, options, and cryptocurrencies; simple user interface.
Platforms: Mobile app focused on ease of use, with basic trading features.
2. United Kingdom
Hargreaves Lansdown
Account Types: Stocks and shares ISAs, SIPPs (Self-Invested Personal Pensions), and regular investment accounts.
Features: Comprehensive investment research, no commission on stock trades within ISAs, and various investment options.
Platforms: Online platform and mobile app with a strong focus on investment education.
IG Group
Account Types: Spread betting accounts, CFD trading accounts, and share dealing accounts.
Features: Access to a wide range of financial markets, including stocks, forex, and commodities; competitive spreads.
Platforms: IG trading platform with advanced charting tools and a mobile app.
Saxo Markets
Account Types: Investment accounts, retirement accounts, and margin accounts.
Features: Access to global markets, research tools, and educational resources.
Platforms: SaxoTraderGO platform, known for its intuitive interface and powerful features.
Interactive Investor
Account Types: Stocks and shares ISAs, SIPPs, and regular investment accounts.
Features: Flat-fee structure, comprehensive research tools, and a wide range of investment options.
Platforms: Online platform with educational resources and investment tools.
3. Australia
CommSec
Account Types: Standard trading accounts, margin accounts, and retirement accounts.
Features: Research tools, access to Australian and international markets, and competitive fees.
Platforms: CommSec trading platform and mobile app with real-time market data.
SelfWealth
Account Types: Standard trading accounts with no minimum deposit.
Features: Flat-fee trading, social trading features, and educational resources.
Platforms: User-friendly online platform and mobile app.
Nabtrade
Account Types: Standard trading accounts, margin accounts, and SMSF accounts.
Features: Access to various investment products, research tools, and market insights.
Platforms: Nabtrade online platform and mobile app with user-friendly navigation.
4. Singapore
DBS Vickers
Account Types: Cash and margin accounts, CPF investment accounts.
Features: Access to Singapore and international markets, research reports, and trading tools.
Platforms: DBS Vickers trading platform and mobile app with real-time quotes.
OCBC Securities
Account Types: Cash accounts, margin accounts, and CPF investment accounts.
Features: Research tools, competitive fees, and access to various investment products.
Platforms: OCBC trading platform and mobile app with advanced trading features.
Maybank Kim Eng
Account Types: Cash accounts, margin accounts, and investment-linked accounts.
Features: Comprehensive research tools, access to global markets, and competitive commissions.
Platforms: Maybank Kim Eng trading platform and mobile app with real-time data.
5. Hong Kong
HSBC
Account Types: Investment accounts, margin accounts, and retirement accounts.
Features: Access to various markets, research tools, and personalized financial advice.
Platforms: HSBC trading platform and mobile app with extensive investment resources.
Interactive Brokers
Account Types: Individual accounts, joint accounts, and retirement accounts.
Features: Low-cost trading, access to global markets, and advanced trading tools.
Platforms: Trader Workstation platform and mobile app for active traders.
Futu Holdings (Futu)
Account Types: Standard trading accounts with no minimum deposit.
Features: Commission-free trading, social trading features, and a user-friendly interface.
Platforms: Futu's app (Moomoo) known for its innovative features and community-driven trading.
6. India
Zerodha
Account Types: Standard trading accounts, demat accounts, and mutual fund accounts.
Features: Low brokerage fees, user-friendly platform, and educational resources.
Platforms: Kite trading platform and mobile app with advanced charting tools.
Upstox
Account Types: Standard trading accounts and demat accounts.
Features: Low-cost trading, robust platform, and research tools.
Platforms: Upstox Pro trading platform and mobile app with a focus on simplicity.
ICICI Direct
Account Types: Standard trading accounts, demat accounts, and mutual fund accounts.
Features: Comprehensive research tools, investment options, and strong customer service.
Platforms: ICICI Direct trading platform and mobile app with various features for investors.
HDFC Securities
Account Types: Standard trading accounts, demat accounts, and mutual fund accounts.
Features: Research tools, investment advice, and various financial products.
Platforms: HDFC Securities trading platform and mobile app with user-friendly navigation.
7. China
China International Capital Corporation (CICC)
Account Types: Individual investment accounts and institutional accounts.
Features: Comprehensive brokerage and investment banking services, strong research capabilities.
Platforms: CICC trading platform with advanced trading tools.
Huatai Securities
Account Types: Individual accounts, institutional accounts, and margin accounts.
Features: Extensive investment products, research tools, and competitive pricing.
Platforms: Huatai trading platform and mobile app with various investment features.
East Money Information
Account Types: Individual brokerage accounts and margin accounts.
Features: Wide range of investment options, real-time data, and market analysis.
Platforms: East Money app, popular for its user-friendly interface and information resources.
Futu Holdings (Futu)
Account Types: Standard trading accounts with no minimum deposit.
Features: Commission-free trading and a focus on user experience with social features.
Platforms: Futu app (Moomoo) with advanced trading tools and community features.
8. International
Interactive Brokers
Account Types: Individual, joint, retirement, and institutional accounts.
Features: Low-cost trading, extensive investment options, and access to international markets.
Platforms: Trader Workstation and mobile app, designed for active traders.
eToro
Account Types: Standard trading accounts with no minimum balance.
Features: Social trading features, copy trading, and access to various assets, including cryptocurrencies.
Platforms: eToro app and web platform with a focus on community-driven trading.