Dear blinders, I’m going to try trading and have been learning and researching a lot about it. First time opening brokerage account, which is better, TDAmeritrade or Robinhood or Fidelity or any other recommendation? This is for non resident with H1b visa.
TDA for serious trading, like if you want to learn or analyse more things like moving averages, price action and volume. Robinhood is more of ease of use on mobile.
IB has really low margin interest rates. If you wanted to big on borrowed money, IB. If you want resources, TD’s thinkorswim. Robinhood is you want to follow the herd blindly.
IB?
Interactive brokers
Big fan of TDA ThinkorSwim platform.
+1
Schwab and td ameritrade merged. Joined Schwab for bonus referral. Will be getting thinkorswim when integrated to schwab
Tastytrade?
Thank you so much everyone for your response
I did a poll and analysis. Many folks responded. Might be helpful to you. https://www.teamblind.com/post/Simply-dont-understand-all-the-hate-with-Robinhood-Co8qeGxT BTW, I am a very happy user of Robinhood (100K invested over 4 years) and that is what 60% of respondents chose. There is a reason to it :) Robinhood has the lowest margin interest if you borrow money. Robinhood gold gives you research material too but I only needed to read the news so Robinhood news feed is good enough for me. Choose based on what you like as all of them are good. Pros and Cons of all but there is a reason everyone is copying Robinhood.
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IB or Schwab