TD Ameritrade Is The Leader Of The Pack In StockBroker's Annual Brokerage Rankings

StockBrokers.com, an online platform that offers advice to investors to select a stock broker, released its ranking of the top brokerage firms; TD Ameritrade Holding Corp. AMTD took the top spot.

"Since our inception back in 2011, StockBrokers.com has helped over three million investors research and compare online brokers," Co-Founder and Head of Research Blain Reinkensmeyer said in the report. "While the markets are anything but certain, you can feel confident that StockBrokers.com has your back in 2017 to help you find the perfect broker."

To select the top brokerage firm, the review site assessed platforms based on 10 different categories with a mixed blend:

• 1) commissions & fees (16 percent)
• 2) offering of investments (16 percent)
• 3) platforms & tools (16 percent)
• 4) research (16 percent)
• 5) customer service (11.5 percent)
• 6) mobile trading (11.5 percent)
• 7) ease of use (10 percent)
• 8) education (6 percent)
• 9) order executive (3 percent)
• 10) banking (0 percent)

TD Ameritrade took home top scores and ranked as the No. 1 broker for 2017 even though at $9.99 per trade the firm's clients are paying the most versus the 16 peers being evaluated.

See Also: TD Ameritrade's IMX Recap: The January Cause & Effect

TD Ameritrade's platform was top ranked in seven categories, including: 1) overall, 2) offering of investments, 3) platforms & tools, 4) research, 5) customer service, 6) mobile trading, and 7) ease of use.

In 2016, TDAmeritrade's platform was ranked second but was ranked first in the prior three years.

"TD Ameritrade charges more than its competitors but delivers with fantastic platforms, research, mobile apps, education, and customer service," the review site concluded.