Carey, conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels. Our team of industry experts, led by Theresa W. Schwab offers StreetSmart Edge, while Active Trader Pro is available to Fidelity clients. They haven’t been talking very much about their desktop platforms, which naturally accompany stock trading. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices. Overview of StreetSmart Edge and Active Trader Pro Schwab and Fidelity have recently been advertising their new ultra-low equity commissions. In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system. Our reviews are the result of six months of evaluating all aspects of an online broker’s platform, including the user experience, the quality of trade executions, the products available on their platforms, costs and fees, security, the mobile experience and customer service. Schwab’s StreetSmart Edge rivals TD Ameritrades flagship trading platform, thinkorswim. Investopedia’s mission is to provide investors with unbiased, comprehensive reviews and ratings of online brokers. Schwab’s advanced trading platforms, called StreetSmart Edge, is available free of charge to qualified Active Trader clients (36 trades or more per year) although less-frequent traders have reported receiving the platform at no cost.
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