Best Brokers for ETFs for December 2024
Why You Should Trust Us
Investopedia is committed to independently researching and analyzing the best brokers for ETFs to give readers a factual, unbiased review of the best platforms in the industry. To write our review, Investopedia analyzed 26 online brokerage platforms and collected data based on the service it provides. We used this information to carefully evaluate each company based on ETF selection, tools, research capabilities, and many other features investors find important to ensure that inventors are fairly informed to make the right decision for their financial needs. Investopedia started in 1999 and has been assisting readers in finding the best ETF broker since 2019.
How We Choose the Best Broker for ETFs
To pick the best broker for ETFs, Investopedia’s team of researchers, data collectors, and editors, who are experts in the sector, collected data between Feb. 19 and March 19, 2024. Investopedia gathered data to evaluate 26 brokerage platforms. Investopedia organized information about 89 criteria into 11 different categories. Additionally, we sent a digital questionnaire to each of the 26 brokerages to cross-check information and to make sure that our information about each of them was accurate and up-to-date. Further, most companies gave Investopedia editors a live demo of their platform. We were then able to determine which brokerage is the best for ETF investors in each of Investopedia’s categories.
Below are the 11 categories and how much we transparently weighted each for our rankings:
- Research Amenities: 13%
- Range of Offerings: 11%
- Trading Technology: 11%
- Platform Experience: 10%
- Costs: 10%
- Mobile App Usability: 9%
- Portfolio Analysis and Reports: 9%
- Educational Material: 9%
- Customer Service: 7%
- Account Amenities: 6%
- Security: 5%