@cuteness20 Thanks for the insight. I definitely agree with the post and also would love to see someone do a comprehensive review on all the brokerages too!
I would think that I fall into the category that is a mix of the two how ever I am definitely a small investor with a low capital as I am an 18 y/o uni student.
I would have liked to go with IG however as you mentioned above, it has inactivity fees of $50 if you don’t do 3+ trades per quarter so that would really hurt me.
I plan to buy a few stocks to keep long-term for 10+ years and at the same time, have a few trades here and there.
Currently, I have narrowed it down to Interactive Brokers and Stake but leaning a little towards Stake because as a new investor, Stake’s platform is a bit more user-friendly and easier for beginners whereas Interactive Brokers is quite daunting. Even the signup process was quite terrifying. IB seems to be much more tailored towards the experienced and wealthier traders so doesn’t quite suit my needs.
Although I’m still planning to give both a shot and see how it goes, I think Stake just might be the winner for me
)