The review this year was extremely difficult. A private equity analyst revamped our grading rubric last fall, and we set the bar very high with 283 assessment variables.
Royal Oak, MI (PRWEB) February 19, 2013
StockBrokers.com, an industry-leading source for online brokers, has published its 2013 Online Broker Review. The review is a culmination of a year’s worth of research on 17 different brokers. StockBrokers.com’s team spent hundreds of hours utilizing, testing and reviewing these brokers to provide self-directed retail traders with in-depth analysis. Investors of all experience levels can use this valuable information to better determine which online brokers suit their needs and trading style.
The 2013 Online Broker Review covers brokers on the StockBrokers.com site and can be found at http://www.stockbrokers.com/2013-online-broker-review.html. Brokers were assessed on 283 different variables across eight primary areas, including: Commissions & Fees, Ease-of-Use, Platforms & Tools, Research, Customer Service, Offering of Investments, Education and Mobile Trading.
Then, utilizing the research from these eight areas, the brokers were ranked in 12 separate categories. They include: Overall, Commissions & Fees, Platforms & Tools, Research, Customer Service (Overall), Customer Service (Phone), Customer Service (Email), Education, Mobile Trading, Options Trading, Active Trading and New Investors. Alongside category winners, there were 17 individual Industry Awards given out.
"The review this year was extremely difficult. A private equity analyst revamped our grading rubric last fall, and we set the bar very high with 283 assessment variables. Only four brokers received four stars or higher in the ‘Overall’ category. Furthermore, across 12 separate category rankings, only two five stars were earned. Simply put, our goal is to push the industry forward and challenge every broker to be better," stated Blain Reinkensmeyer, Managing Director at Reink Media Group.
The complete review, results for each category, and an overall rankings chart can be found at: http://www.stockbrokers.com/2013-online-broker-review.html.
StockBrokers.com, an industry-leading source for online brokers, is wholly owned by Reink Media Group. A Michigan based company founded in 2009, Reink Media Group owns and operates multiple finance based websites. The organization strives to provide pertinent resources, tools, and education for successful self directed investing. For more information, please visit the company’s website at http://www.reinkmedia.com.