See What Brokerage Is the Best for You — And for Your Wallet
If there is one crucial lesson to learn about investing, it’s that compound interest is magical, but fees are its mortal enemy. Over the course of 20 years, an additional 0.25 percent in fees on an investment of $100,000 — that’s $250 in fees in just the first year — will cost you a whopping $10,000 even assuming a very modest 4 percent return. Take a look at this fee breakdown from major brokerages.
To help you find the best broker for your needs, GOBankingRates evaluated brokers based on those factors and more to determine the Best Investment Brokers overall. In addition, GOBankingRates determined the best brokerage firms in the following categories:
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