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Stock Broker Tier List (Best Stock Brokers Ranked)

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  • เผยแพร่เมื่อ 17 ส.ค. 2024

ความคิดเห็น • 946

  • @imohimoh3441
    @imohimoh3441 27 วันที่ผ่านมา +350

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @Elliot-Ivan
      @Elliot-Ivan 27 วันที่ผ่านมา +1

      I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

    • @imohimoh3441
      @imohimoh3441 27 วันที่ผ่านมา

      @@Elliot-Ivan That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @Elliot-Ivan
      @Elliot-Ivan 27 วันที่ผ่านมา

      @@imohimoh3441 My advisor is VICTORIA CARMEN SANTAELLA;

    • @Elliot-Ivan
      @Elliot-Ivan 27 วันที่ผ่านมา

      You can look her up online

    • @VioletJessica-
      @VioletJessica- 27 วันที่ผ่านมา

      @@Elliot-Ivan The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

  • @gabylicea105
    @gabylicea105 3 ปีที่แล้ว +1341

    Who's here after Robinhood manipulated the market :)

    • @josefcastillo3
      @josefcastillo3 3 ปีที่แล้ว +45

      Taking my trading elsewhere. Thinking TD

    • @toonyboi1860
      @toonyboi1860 3 ปีที่แล้ว +3

      Right here

    • @CheesyNoodlez
      @CheesyNoodlez 3 ปีที่แล้ว +10

      @@josefcastillo3 GME is blocked on TD too

    • @josefcastillo3
      @josefcastillo3 3 ปีที่แล้ว +17

      Ended up on Webull

    • @brysoncaldwell916
      @brysoncaldwell916 3 ปีที่แล้ว +17

      @@josefcastillo3 TD WAS APART OF THE SCHEME

  • @ShaneHummus
    @ShaneHummus  4 ปีที่แล้ว +29

    EDIT: FOR THOSE HERE AFTER THE ROBINHOOD/GAMESTOP MARKET MANIPULATION SITUATION:
    1) If you're looking for a Robinhood alternative then webull is the most similar and is an option that I use: LIMITED TIME: Get 4 FREE STOCKS ON WEBULL when you deposit $100 (Up To $1400 Value):
    act.webull.com/kol-us/share.html?hl=en&inviteCode=Exkhp2KUZSrd
    (This is an affiliate link)
    2) This video was made before the situation of course, so I will likely be making an update video this year that will be much better
    3) Although Robinhood has taken the brunt of the blame, many other companies also halted or "altered" trading of these stocks. I am actively looking at companies such as Public and which will be on my update video.

    • @paulomolina4723
      @paulomolina4723 4 ปีที่แล้ว +3

      Im starting now 😂

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว +3

      @@vladbaron4117 no seriously! 😂

    • @666yaoz
      @666yaoz 4 ปีที่แล้ว +2

      About 19, invested in oil stock. Used optionshouse, which doesn't exist anymore (think it was merged with tradeking, which then was bought out by etrade). This was 6 years ago. Now I use vanguard, Robinhood & Webull (mainly for bonuses).

    • @quinncroft1164
      @quinncroft1164 4 ปีที่แล้ว +3

      11 or 12

    • @trishannramirez8570
      @trishannramirez8570 4 ปีที่แล้ว +1

      I started at 18!

  • @williamhiltebeitel8252
    @williamhiltebeitel8252 3 ปีที่แล้ว +278

    I’m here because I need to get rid of robinhood.

  • @thewelcomer5698
    @thewelcomer5698 3 ปีที่แล้ว +39

    Fidelity for Long Term Investing and 401K/ROTH
    TD Ameritrade for more Flexible, short term Trading

  • @lazyviolinist3418
    @lazyviolinist3418 3 ปีที่แล้ว +353

    Just finding which platform I can get my GME with lol 🚀

  • @UNignorantpod
    @UNignorantpod 3 ปีที่แล้ว +170

    Shout out to everyone who's here to get the heck out of Robinhood!

    • @lukascampbell5881
      @lukascampbell5881 3 ปีที่แล้ว

      What's wrong with it? ( I don't have it )

    • @19inkorrect91
      @19inkorrect91 3 ปีที่แล้ว +7

      Lukas Campbell google the Robinhood drama, use keywords like GameStop in your search.

    • @vystorm
      @vystorm 3 ปีที่แล้ว +10

      @@lukascampbell5881 tl;dr they forcibly locked accounts so people couldn't make money when a large stock shift occurred

    • @lowendpcgamer7583
      @lowendpcgamer7583 2 ปีที่แล้ว

      Is etoro a good choice?

    • @jonboyfutch8081
      @jonboyfutch8081 2 ปีที่แล้ว +2

      I leaving because they only have trusted contact not beneficiary

  • @WheresObama
    @WheresObama 3 ปีที่แล้ว +42

    Just switched over to Fidelity thanks to this video. Thanks my friend. Subbed.

    • @ShaneHummus
      @ShaneHummus  3 ปีที่แล้ว +7

      Welcome aboard!

    • @al-Bismillah
      @al-Bismillah 3 ปีที่แล้ว +4

      Interesting! I'm doing the same today. Thank you as well!

    • @jacobmusgrave1406
      @jacobmusgrave1406 3 ปีที่แล้ว +3

      Same here!

  • @thespiderexterminator2683
    @thespiderexterminator2683 4 ปีที่แล้ว +290

    Shane spends time and effort on research just so we don't make financial mistakes with our hard earned cash. Good job!

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว +12

      Thanks for appreciating my work

    • @oo7168
      @oo7168 3 ปีที่แล้ว +4

      @@ShaneHummus My guy Shane, if only one person in the world can be call a youtuber, its gotta be you. Thank you so much man you saved my 50k.

    • @Mrbfgray
      @Mrbfgray 2 ปีที่แล้ว

      Ignorant question: Do they all carry similar insurance and how much is that? (I believe it's something like $2M which makes me borderline needing to diversify my brokers)

    • @presbas560
      @presbas560 ปีที่แล้ว

      Has anyone fact checked Shane? Some information here smells biased in my opinion

  • @AceVideosOfficial
    @AceVideosOfficial 3 ปีที่แล้ว +144

    WOW! Thank you for getting to the point! This video was super helpful!

    • @Timmymtd
      @Timmymtd 3 ปีที่แล้ว +7

      ACEEEE. I’m a subscriber of yours bro. Shocked to see you here

    • @ieatpussy8707
      @ieatpussy8707 3 ปีที่แล้ว +1

      love you videos i thought i was trippin when i saw your comment 😭

    • @lowendpcgamer7583
      @lowendpcgamer7583 2 ปีที่แล้ว +1

      What can you say about etoro and is it good?

    • @roku5769
      @roku5769 11 หลายเดือนก่อน

      @@ieatpussy8707bru your name

  • @kayiagaulden7710
    @kayiagaulden7710 2 ปีที่แล้ว +8

    I have a fidelity account because when you work at Starbucks for 1 year you get stock in the company through it. But I didn’t understand it back then. Now I do! How awesome!

  • @Jiraiya-Sama482
    @Jiraiya-Sama482 3 ปีที่แล้ว +45

    Every single ad I get now is a stocks investment ad 😂

    • @ShaneHummus
      @ShaneHummus  3 ปีที่แล้ว +8

      The companies are trying to snatch up people switching from Robinhood

    • @PedroAmA
      @PedroAmA 3 ปีที่แล้ว

      Lol me too

  • @samcohen2483
    @samcohen2483 ปีที่แล้ว +4

    Put your money in an S&P 500 Roth IRA, make the maximum annual contribution each year, wait until your 75, and enjoy your work. Easy. Just make sure to live until 75, that's the tricky part.

    • @djic
      @djic 24 วันที่ผ่านมา

      Wrong. Buying individual stocks yield way higher return. 20 years of investing should yield enough for retirement friend

  • @myopinion7716
    @myopinion7716 3 ปีที่แล้ว +11

    E-trade representatives have no clue what they're doing. They tried charging me several thousands of dollars for selling stocks that were not options. How it happened, not even they could explain. That wasn't the only mistake they made with my money. I wouldn't trust them!

    • @karlbunge1359
      @karlbunge1359 3 ปีที่แล้ว

      Lol. Never had any problems with them

  • @mranklebreaker1210
    @mranklebreaker1210 3 ปีที่แล้ว +103

    Day Trading is a different strategy that deals with short term profits and is successful for lots of people who know what they’re doing. If an individual chooses to day trading that’s a risk they should be free to take so long as they understand the potential risks. The reason so many people fail is because they fail to do this. Choosing to devalue a brokerage for offering this as an option is like alienating a grocery company that sells its customers cigarettes or alcohol.

    • @bufordthecamel6369
      @bufordthecamel6369 3 ปีที่แล้ว +8

      I was thinking the exact same thing. Couldn't have said it better myself. Options trading, done the correct way, can offer many strategies and protections for investors, such as buying put options to protect someone's portfolio from any sudden market crash. It works exactly like insurance. This is the first video I've watched from this TH-camr and I don't think he knows the reason why options exist. I understand that he is most likely implying that the majority use options the wrong way and many people treat it like gambling. However, it makes no sense at all why it should not be offered so that both experienced or new investors can learn and adapt new strategies to better protect their investment. Hmmm, I'm very hesitant to listen to this guy... clearly does not do his DD.

    • @Roh-c8e
      @Roh-c8e 3 ปีที่แล้ว

      Yes, I'd rather play the lotto or hit the slot machines.

    • @malachiflannery9093
      @malachiflannery9093 3 ปีที่แล้ว

      Completely agree, it annoyed me that he put it that way.

    • @spacemans4060
      @spacemans4060 3 ปีที่แล้ว

      Completely agree

    • @GorillaEats777
      @GorillaEats777 3 ปีที่แล้ว

      Which is one is the best for buying penny stocks, with no fees, and with minimum deposit?

  • @akiraxi2887
    @akiraxi2887 3 ปีที่แล้ว +59

    Put Robinhood into F-tier!!!!

  • @travisneslon1409
    @travisneslon1409 3 ปีที่แล้ว +23

    Already joined fidelity glad to see the high praise🤞🏼🤞🏼

    • @hunl3728
      @hunl3728 2 ปีที่แล้ว +1

      Haha same here love the new beta feature

    • @Ryan-qn1wr
      @Ryan-qn1wr 2 ปีที่แล้ว +1

      Yeah, I only used them because I already have a 401k and an esop account through them

    • @hunl3728
      @hunl3728 2 ปีที่แล้ว +1

      @@Ryan-qn1wr yeah they same to have everything to mutual funds, etfs and options trading. Good format too. It was the first investment I used and I love it.

    • @dumplingsboi3906
      @dumplingsboi3906 2 ปีที่แล้ว

      About to join as well looking for a long term investment

  • @quinnmoore5985
    @quinnmoore5985 2 ปีที่แล้ว +6

    Fidelity is S tier with no competition imo

  • @ShaneHummus
    @ShaneHummus  4 หลายเดือนก่อน

    🔴 LIVE TH-cam TRAINING TUESDAY: 👉 go.thecontentgrowthengine.com/live-06-26-2020
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    👤 Connect With Me On Other Platforms:
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  • @derekhollingsworth6327
    @derekhollingsworth6327 3 ปีที่แล้ว +30

    What about Stratton oakmont

    • @mylesjenkins8915
      @mylesjenkins8915 3 ปีที่แล้ว +2

      Rushing over to Stratton Oakmont so I can get into JCPenney, Sears, and KMart!

    • @reptilesgamers00
      @reptilesgamers00 3 ปีที่แล้ว

      @@mylesjenkins8915 sears?
      What?

    • @russellcline9883
      @russellcline9883 3 ปีที่แล้ว +3

      You’re only regret will be that you didn’t buy more

  • @youngachilles1781
    @youngachilles1781 3 ปีที่แล้ว +5

    I remember when Etrade sold my 300 shares in three seperate order, and charged me 3x the comission. I walked out with only a $2 profit 👿

  • @theironworks6797
    @theironworks6797 4 ปีที่แล้ว +41

    At least back when I first opened my account in 2016, TD Ameritrade was a really good move for a couple of reasons; low transaction fees (now nonexistent to my knowledge), and they give you access to several country-specific stock markets, such as the UK and China. I still use them because their interface is pretty simple to use.

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว +5

      Thanks for sharing.. Any tips for the viewers?

    • @theironworks6797
      @theironworks6797 4 ปีที่แล้ว +17

      ​@@ShaneHummus Invest in what you know, and always investigate the management decisions of a company if you plan to hand-pick your stocks. Just because a company is big doesn't mean they're financially stable. Some companies have a history of terrible quality control, like General Motors or Fiat-Chrysler, and/or build their explosive growth on a mountain of debt, like Budweiser.

  • @ShaneHummus
    @ShaneHummus  2 ปีที่แล้ว +1

    If you enjoyed this you will also enjoy: Investing Tier List (Best Investments Ranked)
    th-cam.com/video/KtVCnSlg9Wk/w-d-xo.html

  • @memorylane3457
    @memorylane3457 3 ปีที่แล้ว +18

    Idk, something tells me this guy doesn't like day-trading...With that being said, the man is discounting these brokers for being good brokers for day-trading. Not a good review.

    • @Tropicalsnowfall
      @Tropicalsnowfall 3 ปีที่แล้ว +1

      While I agree, he's also stating that it's a high risk/high reward factor. Most people that get into day trading fail.

  • @svndwich977
    @svndwich977 3 ปีที่แล้ว +9

    Finally a tier list I need

  • @seanpinkey2188
    @seanpinkey2188 3 ปีที่แล้ว +5

    Currently the Brokerages that I am aware of that are Restricting some sort of Trade
    during the Wallstreetbets:
    Charles Schwab, Robinhood, Interactivebrokers, & TD Ameritrade

    • @GorillaEats777
      @GorillaEats777 3 ปีที่แล้ว +1

      I am looking for the best for buying penny stocks, with no fees, and with minimum deposit?

  • @metsman1983
    @metsman1983 3 ปีที่แล้ว +9

    Absolutely awesome video! However, it could have been so much better if you put up even screenshots of what the user interfaces look like. Much like apps, they all do similar but if they're all the same price the one with the best interface is going to win. Just a thought

    • @ShaneHummus
      @ShaneHummus  3 ปีที่แล้ว +2

      Noted!

    • @metsman1983
      @metsman1983 3 ปีที่แล้ว +1

      @@ShaneHummus Don't let that seem like it was a negative review. Definitely constructive criticism because I watched several videos on best trading platforms and yours was by far the most informative! Like it's really not even close lol

  • @paulomolina4723
    @paulomolina4723 4 ปีที่แล้ว +13

    Awesome! I would probably start investing because of this video. Thanks man!

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว

      Haha thanks Paulo. Good luck

  • @jiminshim2213
    @jiminshim2213 3 ปีที่แล้ว +17

    Thanks for being clear and concise, and getting to the point quickly with each of these! Was exactly what I was looking for & very helpful.

    • @ShaneHummus
      @ShaneHummus  3 ปีที่แล้ว

      You're very welcome!

  • @doglover8178
    @doglover8178 4 ปีที่แล้ว +15

    It would be a sin to skip your ads. You worked so hard to gather these information so you can share it with us. Good job! Keep it up man

  • @ianscianablo8507
    @ianscianablo8507 9 ชั่วโมงที่ผ่านมา

    Hey Shane! Hi. I left Walmart a year ago but I still have Merrill Lynch handling my 401K. The other day ML put my 401K into an IRA. Please Shane tell me about the fees? I'm worried ML might be too costly. I just want LOW cost index funds. Low xpense ratios. Is this good for me? I am self directing. Thank you!!!

  • @dominzioreyes3821
    @dominzioreyes3821 6 หลายเดือนก่อน +1

    Warren Buffet uses Charles Schwab.

  • @omarbatuta
    @omarbatuta 2 ปีที่แล้ว +4

    Great Job !
    Almost signed up by one in tier A, but am still thinking want take time and learn more.
    But hey, you are one of the few I have liked for being thorough and detailed.
    Thanks Shane !!!

  • @SprAlx
    @SprAlx 3 ปีที่แล้ว +7

    Does anyone know how Merrill Edge stacks up against Robinhood in terms of UX? I’ve lost some trust in Robinhood after yesterday, but I love their UX.

  • @sonofatlas1372
    @sonofatlas1372 3 ปีที่แล้ว +2

    My mentor recommended your page he often times never tell me how to do something but he always mentions I have to research it

  • @cameronkuehn2077
    @cameronkuehn2077 3 ปีที่แล้ว +6

    Someone keep me updated on which broker is best for AMC GMC AND DOGECOIN

  • @ambitiousmuslimrecordings3451
    @ambitiousmuslimrecordings3451 3 ปีที่แล้ว +3

    Thank you for this! Small criticism: the zooming in effect you do seems like it’s out of place and doesn’t really fit well in the video. Very informative. Thanks!

  • @cassiogabriel147
    @cassiogabriel147 2 ปีที่แล้ว

    hey guys, my name is Cassio I'm Brazilian and I don't live in Australia, I want to know how the taxation on day trade in futures in Australia for foreigners works

  • @soniamartell4502
    @soniamartell4502 4 ปีที่แล้ว +4

    My favorite personal finance channel. Nice to see you cover this topic

  • @reptilesgamers00
    @reptilesgamers00 3 ปีที่แล้ว +3

    Long term 3 years or more - M1 Finance. Nothing compares for long term investing.
    For day (or swing) trading stocks - TD Ameritrade, Webull, and Ally invest.
    Realistically! The best brokerage is the one you have funded, ready to go at moments notice. Additionally, the brokerage you choose shouldn't lock up your purchase.
    Unfortunately, almost all clearing houses had "technical" issues Friday. Which lead to them holding GME sales.

  • @samanthalouisecastro4650
    @samanthalouisecastro4650 4 ปีที่แล้ว +13

    Smashed like for you again Shane. Great video! Young people should be watching this before they start investing.

  • @CelestialCosmosOfficial
    @CelestialCosmosOfficial 5 วันที่ผ่านมา

    Great video! Also, what would you rate Pepper Stone?

  • @barretttoups6496
    @barretttoups6496 3 ปีที่แล้ว +21

    I looked at Robinhood, Webull, Public, and Dough. Of those 4, Webull is the best overall. The research is superior, and the extended hours trading puts it over the top.

    • @ronijr4918
      @ronijr4918 2 ปีที่แล้ว

      I have to definitely respectfully agree 👍

    • @SilkAn-vq8qj
      @SilkAn-vq8qj ปีที่แล้ว

      Oh. I'm 19 and I want to invest in Webull if 1400 dollars is real

    • @fusion3426
      @fusion3426 8 หลายเดือนก่อน

      What about Webull compared to Merrill Edge

  • @kingsargonii6939
    @kingsargonii6939 3 ปีที่แล้ว +7

    Thanks Robinhood for turning up the heat

    • @jophusxakc3192
      @jophusxakc3192 3 ปีที่แล้ว

      This suddenly doesn't mean what it originally meant...

    • @kingsargonii6939
      @kingsargonii6939 3 ปีที่แล้ว +1

      @@jophusxakc3192 Nah. They all showed us they favor corps more. Big or small.

  • @ExMachina70
    @ExMachina70 2 ปีที่แล้ว +7

    I don't know why more people don't show their appreciation by giving you a thumbs up. Regardless, thank you for all the information you've given.

  • @mikeburke1348
    @mikeburke1348 2 ปีที่แล้ว +1

    This list is hugely comprehensive. Thanks.

  • @mayanaztec6440
    @mayanaztec6440 3 ปีที่แล้ว +3

    Why would a company lose respect just because they’ve decided to also offer a day trading or options platform??

    • @bufordthecamel6369
      @bufordthecamel6369 3 ปีที่แล้ว

      Exactly, this dude does not know what he's saying lol. He is basically implying 99% of options trading is for gambling reasons. Many savvy investors who invest with millions use it as insurance... This hurts my brain, can't believe the amount of people listening to this BS.

    • @mayanaztec6440
      @mayanaztec6440 3 ปีที่แล้ว +1

      @@bufordthecamel6369 I agree. I sell puts many of the times and also covered calls. I don’t see how any of those would be gambling.

  • @javierandresvelez-martinez4759
    @javierandresvelez-martinez4759 3 ปีที่แล้ว +7

    Which one do you personally recommend for Roth IRA? I'm looking into Merril Lynch because of my BOA Credit Card but I also like Vanguard, Schwabb and Fidelity

    • @rondemurphy4401
      @rondemurphy4401 3 ปีที่แล้ว +1

      JAVIER ANDRES VELEZ-MARTINEZ the greater your investments with Merril the better your rates get with BofA. 100k gets you into the top tier.

    • @lambo23guy
      @lambo23guy 3 ปีที่แล้ว +1

      if you want the promo for Merril Edge they give you like $500 for creating an account if you have BOA, but as for other companies you can't go wrong with those.

    • @jdeveonwhite7572
      @jdeveonwhite7572 3 ปีที่แล้ว +3

      no idea about the BOA but my father uses Schwab Fidelity and TD for his and my mother's IRA's, he always told me Fidelity and Schwab are his two picks. I personally use Schwab and i love them. super simple to use the website/app and the costumer service is amazing. Just the other day i talked with them on the phone for about an hour just going over my account and all the different ways i could invest my money. Hope this helps

  • @olbradley
    @olbradley 3 ปีที่แล้ว +3

    Am I the only person here who never used Robinhood? Seriously it seems as though almost everyone has fallen for their marketing.

  • @davidsisk9013
    @davidsisk9013 2 ปีที่แล้ว

    Thank you for caring and extensive homework for this video!!god bless you brother

  • @nathanramgren7878
    @nathanramgren7878 4 หลายเดือนก่อน +1

    im going to start investing this summer for the first time. I'm interested in Robinhood bc it seems super beginner friendly but Fidelity seems to be the best overall pick. Any suggestions?

  • @Tendou-Gaming
    @Tendou-Gaming 3 ปีที่แล้ว +4

    I really enjoy Fidelity, but I can't stand their app. Once they get that issue resolved, I will make them my permanent brokerage

    • @GorillaEats777
      @GorillaEats777 3 ปีที่แล้ว

      Can you buy penny stocks?

    • @lamzooolamzooo4867
      @lamzooolamzooo4867 3 ปีที่แล้ว

      @@GorillaEats777 It depends. You can buy any penny stock from ONE dollar and up but nothing below ONE.

  • @joeaddante3090
    @joeaddante3090 3 ปีที่แล้ว +7

    Best brokerage for OTC stocks? Thank you in advance!

  • @larrybonar8269
    @larrybonar8269 2 ปีที่แล้ว

    Very helpful and supports my assessments on the more well known!

  • @tylerstevens7007
    @tylerstevens7007 2 ปีที่แล้ว +1

    Thanks man this is awesome

  • @marcoinvesting5339
    @marcoinvesting5339 4 ปีที่แล้ว +18

    FINALLY a comprehensive review you can rely on! Well done and great inspiration for my next video! 💓

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว

      Thanks Marco! More power to your channel

    • @marcoinvesting5339
      @marcoinvesting5339 4 ปีที่แล้ว

      @@ShaneHummus I'm thinking of doing the same but for the UK cause that's where I live and I would do ANYTHING to receive a shout-out from you!!

  • @lavaughnturner4791
    @lavaughnturner4791 3 ปีที่แล้ว +7

    good info! I have a Robinhood account and if was fine til someone hacked it now I cannot buy and no one has responded to my pleas for help

  • @johngriffen7707
    @johngriffen7707 3 ปีที่แล้ว +2

    Screw Robinhood does anyone know what broker DFV uses?

    • @packmanjong1579
      @packmanjong1579 3 ปีที่แล้ว +1

      Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just a week from trading and with the market. an expert financial analysis and he made me-learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received my first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most, you can contact him on his email
      (elvishercules48@gmail.com)

  • @ericexp497
    @ericexp497 3 ปีที่แล้ว +1

    I'm in robinhood currently. A dividend investor. Which brokerage should I switch to? I dont believe in robinhood's future

  • @amelliamendel2227
    @amelliamendel2227 3 ปีที่แล้ว +3

    This didn't mention the things that matter to me such as do they allow fractional trading, automation, ect. Great video, just not enough info

    • @TheJustinBarker
      @TheJustinBarker 3 ปีที่แล้ว +3

      I can tell you from my experience. Charles Schwab, Fidelity, Robinhood, and Interactive Brokers all allow for fractional shares. Vanguard and Ally Invest do not. But Robinhood does not allow for DRIP or Diviend Reinvestments so it's not automated in that regard. Vanguard and Ally Invest do allow for automated DRIP, and Vanguard allows for auto purchases of their mutual funds which I use frequently. Hope that helps!

  • @dsc-nr5zy
    @dsc-nr5zy 3 ปีที่แล้ว +19

    Fidelity is the best IMO. I've used many other brokers and I've stuck with them for the long term. You can do day trading (I've done a little) with ease, but I'm primarily buy and hold.

    • @kos8098
      @kos8098 3 ปีที่แล้ว

      do you trade on your own in Fidelity, or a broker calls you for recommendations?

    • @dsc-nr5zy
      @dsc-nr5zy 3 ปีที่แล้ว

      @@kos8098 I trade on my own. Dumped Morgan Stanley because I found I didn't need paid help.

    • @kos8098
      @kos8098 3 ปีที่แล้ว +1

      @@dsc-nr5zy thank you

    • @PAOliva-pv7nc
      @PAOliva-pv7nc 3 ปีที่แล้ว +1

      How much does fidelity charge per trade??

    • @ljpsr
      @ljpsr 3 ปีที่แล้ว +1

      @@PAOliva-pv7nc i think they are free unless you do options

  • @kylemitchell4681
    @kylemitchell4681 3 ปีที่แล้ว +2

    Thank you so much for your opinion on these, it surely helped me and my family out tremendously

  • @joseolvera2342
    @joseolvera2342 4 ปีที่แล้ว +3

    Thank you so much for this video!! Really helpful.
    Which would you recommend for teenagers to start practicing and learn investing?

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว

      Investing Tier List (Best Investments Ranked)
      th-cam.com/video/KtVCnSlg9Wk/w-d-xo.html

    • @gamingwithpurg3anarchy157
      @gamingwithpurg3anarchy157 3 ปีที่แล้ว +1

      Robinhood.

    • @kitn2507
      @kitn2507 3 ปีที่แล้ว +1

      @@gamingwithpurg3anarchy157 bruh

  • @hperrow1
    @hperrow1 3 ปีที่แล้ว +16

    Thank you! This was a great video to consider with which company to start. I am starting to invest very late in life. My son is 18 and is getting started with me. It is exciting for both of us. Thank you for making the intimidation factor of choosing a company much less.

    • @Lazymath007_
      @Lazymath007_ 3 ปีที่แล้ว

      I have the same situation lol except from the fact that I am 18 and I want to start investing with my father. Do you know of any good stockbrokers who can help me out?

    • @Lazymath007_
      @Lazymath007_ 3 ปีที่แล้ว +4

      @Caroline Linda if you are not a bot, please reply back to this comment

  • @Luxurypressurewashing
    @Luxurypressurewashing 2 ปีที่แล้ว +2

    What is the best platform for long term holds on individual stocks?

    • @Jennifer-vs2zf
      @Jennifer-vs2zf 2 ปีที่แล้ว

      I use FBS. My tutor helped me get started. You could ask him too help you out too. His name is Keon

    • @Jennifer-vs2zf
      @Jennifer-vs2zf 2 ปีที่แล้ว

      KeonKhu is his gm address

  • @auz_223
    @auz_223 3 ปีที่แล้ว

    Very helpful, might want to do an updated video soon

  • @Kid_Ikaris
    @Kid_Ikaris 3 ปีที่แล้ว +12

    Loved Robinhood until they grouped me into the GME people and tied up my money for a month. Love that GUI though. They'll get better still a good company. They changed the game and deserve a lot for that. I left for now but still respect the company.

  • @s45gr32
    @s45gr32 4 ปีที่แล้ว +3

    It was my brother that got me into robinhood. I tried to invest before but man you were spot on regarding the $5,000 requirement and brokers making investment uberly complex

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว

      Thanks for watching..So what else did you invest in?

  • @ballzzinyourmouth8
    @ballzzinyourmouth8 2 ปีที่แล้ว +1

    I understand the whole day trading thing and why you'd sway people away from it, but i must say when you gave lightspeed a D it hurt my soul. BEST order execution out there.

    • @ballzzinyourmouth8
      @ballzzinyourmouth8 2 ปีที่แล้ว

      ALSO BTW thats the wrong lightspeed company logo

  • @jamiejordan3648
    @jamiejordan3648 ปีที่แล้ว +1

    I am going to push back on your list for 2 reasons robinhood and webull over TD Ameritrade. Are you getting anything from robinhood or webull? Did the sponsor the video?

  • @emilyadams7380
    @emilyadams7380 3 ปีที่แล้ว +24

    Ally is the worst actually, bad customer services, long execution time

    • @ShaneHummus
      @ShaneHummus  3 ปีที่แล้ว +2

      Thanks for sharing your opinion Emily

    • @afung89
      @afung89 3 ปีที่แล้ว +1

      It's gotten worse over time, especially 2020. Just like their APY and what not. A lot of UI issues recently due to high volume of customers. It's a hit or miss on customer service. Depends on the difficulty on your question/problem. If you can go without contacting the Customer Service, it's an overall good broker.

    • @lambo23guy
      @lambo23guy 3 ปีที่แล้ว +1

      Ally is horrible, avoid this entire brand

  • @TransportSimulatorNationTSN
    @TransportSimulatorNationTSN 3 ปีที่แล้ว +7

    What about M1 finace? Are they good?

    • @ShaneHummus
      @ShaneHummus  3 ปีที่แล้ว

      Depends.. I might cover that

  • @100K-Pollo
    @100K-Pollo ปีที่แล้ว +1

    Ppl don't like say trading bcs it's to complicated for them 🤷🏽‍♂️
    All day trading is using PRICE action , supply and demand, technical analysis and some common chart patterns as conformations before entering a trade to minimize risk and maximize profit
    You also have to learn emotion control and you can use indicators to help with conformations
    It seems like a lot but practice makes perfect as long as u stick to ur plan and set ur stop losses and practice on a paper trading account you should be good 🤷🏽‍♂️

    • @plasmaray8199
      @plasmaray8199 8 หลายเดือนก่อน

      do u have representation or link video

  • @russellcline9883
    @russellcline9883 3 ปีที่แล้ว

    Thank you for the video .. u have gained a new follower

  • @foodini666
    @foodini666 2 ปีที่แล้ว

    Nice video. I mostly use fidelity and td, but also sofi a lot too now.

  • @neoncharge2964
    @neoncharge2964 3 ปีที่แล้ว +5

    never seen anybody rank TD so low

  • @thej4494
    @thej4494 2 ปีที่แล้ว +3

    Putting Robinhood into “strong A tier status” didn’t age well 😂

    • @andysmith9243
      @andysmith9243 7 หลายเดือนก่อน

      My thoughts exactly

  • @GD01
    @GD01 3 ปีที่แล้ว

    best video I found now I know what 3 to look into and not bother with the others thanks for the great comparison

  • @tamarhalevi317
    @tamarhalevi317 ปีที่แล้ว

    Thank you very much! Really helpful!😊

  • @danniepushkin5849
    @danniepushkin5849 3 ปีที่แล้ว +5

    DISCLAIMER: this review is USELESS for daytraders

  • @JLopez-ve3sq
    @JLopez-ve3sq 3 ปีที่แล้ว +3

    Ok but who has 0 commissions and fractional stocks???

    • @stevenkurt32gmailcom90
      @stevenkurt32gmailcom90 3 ปีที่แล้ว +1

      Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just a week from trading and with the market. an expert financial analysis and he made me-learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received my first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most, you can contact him on his email
      (elvishercules48@gmail.com)

  • @uptejsingh9175
    @uptejsingh9175 4 ปีที่แล้ว

    Great video! You should make a video about project management, or management careers!

  • @briandutoit8214
    @briandutoit8214 3 ปีที่แล้ว

    Thanks for this good video, really helped

  • @21737geb
    @21737geb 2 ปีที่แล้ว +11

    Looks like you put a lot of effort into this video - great job. I was with Morgan Stanley for a number of years and decided to make a change. I am now with Edward Jones but making the transfer was financially painful. Morgan Stanley charged me $375 (broker to broker) plus another $200 annual fee for the first 5 days of the new year. Hope this may help others when picking a new broker.

    • @Q1cool8790
      @Q1cool8790 2 ปีที่แล้ว

      How has it been with Edward Jones?

  • @jaykim6734
    @jaykim6734 3 ปีที่แล้ว +13

    Love Fidelity!

  • @mateoflores2914
    @mateoflores2914 ปีที่แล้ว

    I’m going to check out Fidelity.Thanks for the info👍🏼

  • @srenee8112
    @srenee8112 2 ปีที่แล้ว +1

    Where would you rank LPL Financial? Someone recommended me to them but I'm not sure. Anyone knowledgeable about this brokerage?

    • @princessmary603
      @princessmary603 2 ปีที่แล้ว

      Contact Mrs Ethel Arthur Trading Services

  • @nylens471
    @nylens471 3 ปีที่แล้ว +3

    you just said which company you like, not the details about what the platform looks like for example webull v robinhood, webull offers things like ira investment and even that wasnt mentioned.

    • @amelliamendel2227
      @amelliamendel2227 3 ปีที่แล้ว

      Fractional shares, automation, so much not even mentioned. He might as well just told us which icons he liked - I totally get what you're saying.

  • @johnharvey5963
    @johnharvey5963 3 ปีที่แล้ว +3

    thanks for the video. I am a non us citizen and am looking for an online international brokerage platform that accepts foreign entities (companies) Would appreciate any recommendations.

    • @mikewong7783
      @mikewong7783 3 ปีที่แล้ว +1

      Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most. (elvishercules48@gmail.com

  • @HelloKathyJo
    @HelloKathyJo 4 ปีที่แล้ว +1

    Super helpful, I really appreciate all your research for this video!

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว

      Glad it was helpful!

  • @ryanreeder3307
    @ryanreeder3307 3 หลายเดือนก่อน

    I use Morgan Stanley and you didn’t review them. I’m curious your take

  • @J8LRG
    @J8LRG 3 ปีที่แล้ว +8

    I'm about to dive in investing for my future after watching this vid. I've been watching the market and learning about it on and off since 2000. I really loved this video and I will be checking back in at the end of the year to see the journey come full circle. Thank you.

    • @markhamman2354
      @markhamman2354 3 ปีที่แล้ว

      For good broker dm @larry.martin.fx on Instagram

    • @ikrannoor1575
      @ikrannoor1575 2 ปีที่แล้ว

      I’m thinking about investing. How is it going ?

  • @omarh8731
    @omarh8731 4 ปีที่แล้ว +5

    could you possibly make a similar list for international peeps , Maybe with a focus on EU :P

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว +2

      Noted Omar

    • @ahmedtawfiq3625
      @ahmedtawfiq3625 3 ปีที่แล้ว

      @shanehummus please make this video on which are the better international brokers

  • @ethanjohnson3501
    @ethanjohnson3501 2 ปีที่แล้ว

    Super helpful video thanks

  • @BearKat49
    @BearKat49 3 ปีที่แล้ว

    Public feels so manipulated. "Advisors" just posting a trade with a bunch of BS below it, followed by tons of people buying the stock and then that stock magically disappearing from their portfolio.

  • @gyga23
    @gyga23 3 ปีที่แล้ว +5

    Would have been good to mention the differences between Webull and Robinhood's margin rates, as well as trading charts and etc.

  • @Sara-uu4wh
    @Sara-uu4wh 3 ปีที่แล้ว +5

    I'm 19 just starting to invest!

    • @ShaneHummus
      @ShaneHummus  3 ปีที่แล้ว

      Nice.. Good luck Sarina

    • @ernesto1149
      @ernesto1149 3 ปีที่แล้ว

      You got this bruh

    • @Lazymath007_
      @Lazymath007_ 3 ปีที่แล้ว

      Could you recommend me any good stockbrokers you know off? I am 18 and I am just getting started too!

  • @dariusmansaray2403
    @dariusmansaray2403 4 หลายเดือนก่อน

    Very informative, thanks 🙏

    • @ShaneHummus
      @ShaneHummus  4 หลายเดือนก่อน

      Love the support!

  • @PAOliva-pv7nc
    @PAOliva-pv7nc 3 ปีที่แล้ว +2

    How much fidelity charge per trade???
    Does it matter how much money you use on each buy?
    Am using Robinhood right now
    Looking for a better broker

    • @TheJustinBarker
      @TheJustinBarker 3 ปีที่แล้ว +2

      I use Ally Invest and Vanguard. I like them. No real issues for me. I may open a Fidelity account soon also to take advantage of fractional shares. There's no real trading fees anymore like in the past.

  • @williamgiron3186
    @williamgiron3186 4 ปีที่แล้ว +4

    Great vid Shane! And also just a question since you briefly spoke about it in you science degree tier list, how solid of a degree is microbiology? I’m sure you would have a solid opinion on it since you work in pharmaceuticals. Thanks in advance

    • @ShaneHummus
      @ShaneHummus  4 ปีที่แล้ว

      here you go.. "Science Degree Tier List (Science Majors Ranked)"
      th-cam.com/video/QDJLFmXi7LM/w-d-xo.html