Best New York Stock Exchange Brokers 2025
Discover the best brokers with access to the New York Stock Exchange (NYSE) following our rigorous hands-on testing.
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1NinjaTrader is a US-based brokerage regulated for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features.
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2Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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3eToro is a platform for social investing that provides options for both short and long-term trading on stocks, ETFs, options, and crypto. The platform is recognized for its easy-to-use, community-oriented interface and reasonable fees. With oversight from FINRA and SIPC, and used by millions globally, eToro is a reputed name in the industry. Trading on eToro is facilitated by eToro USA Securities, Inc.
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4Introduced in 2020, RedMars, situated in Cyprus, provides competitive spreads across over 300 trading instruments with a leverage of up to 1:500. They offer three account tiers, namely, Standard, Pro, and VIP, catering to different budgets and levels of trading experience. RedMars also features a speedy, entirely digital account creation process.
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5Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $0 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stocks, Options, Commodities, Futures, Crypto | NinjaTrader Desktop, Web & Mobile, eSignal | USD | NinjaScript or via Automated Trading Interface | ✗ | ✗ | |
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✓ | ✓ | $0 | $100 | 1:50 | ✗ | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai & TWS API | ✓ | ✗ | |
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✓ | ✓ | $100 | $10 | ✗ | ✓ | SEC, FINRA | Stocks, Options, ETFs, Crypto | eToro Trading Platform & CopyTrader | USD | ✗ | ✗ | ✗ | |
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✓ | ✓ | €250 | 0.01 Lots | 1:30 (Retail), 1:500 (Pro) | ✗ | CySEC, AFM | CFDs, Forex, Stocks, Indices, Commodities, Cryptos | MT5 | USD, EUR | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $100 | 0.01 Lots | 1:200 | ✗ | FINMA, JFSA, FCMC | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options | JForex, MT4, MT5 | USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN | Yes (EAs & FIX APIs) | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best New York Stock Exchange Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✗ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✗ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best New York Stock Exchange Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
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iOS & Android | ✗ | ||
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iOS & Android | ✓ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best New York Stock Exchange Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $0 | $100 | ✓ | ✗ | ||
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✓ | $100 | $10 | ✓ | ✗ | ||
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✓ | €250 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best New York Stock Exchange Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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NinjaScript or via Automated Trading Interface | ✗ | ✗ | ✗ | ✗ | 1:50 | ✓ | ✗ |
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Capitalise.ai & TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ | ✓ |
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Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | ✗ | ✗ | 1:30 (Retail), 1:500 (Pro) | ✗ | ✗ |
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Yes (EAs & FIX APIs) | ✗ | ✓ | ✗ | ✗ | 1:200 | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best New York Stock Exchange Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✓ | USD: 4.9% | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best New York Stock Exchange Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best New York Stock Exchange Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $25 | ✗ | 1.3 | Floating | |
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✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
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✓ | $10 | $0 | ✗ | BTC 0.75% | |
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✗ | €20 one-off, €10 thereafter | Variable | 0.7 | 65 | |
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✗ | CHF 100 | 0.1 | 0.1 | 0.1 | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best New York Stock Exchange Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Interactive Brokers |
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| eToro USA |
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| NinjaTrader |
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| Dukascopy |
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Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- You can access thousands of applications and add-ons from developers worldwide for trading.
- Traders can access a free platform and trade simulation capabilities with the unlimited demo.
- NinjaTrader provides detailed charting software for active traders, complete with custom technical indicators and widgets.
Cons
- You need to register with partner brokers to trade in securities other than forex and futures.
- Some payment methods require a withdrawal fee.
- The advanced trading tools require an additional fee.
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- IBKR provides a cost-effective platform for traders by offering low fees, narrow spreads, and clear pricing.
- IBKR, primarily designed for skilled traders, has expanded its appeal recently by eliminating its initial $10,000 deposit requirement.
- IBKR is a highly regarded brokerage, regulated by prime authorities. This ensures the safety and reliability of your trading account.
Cons
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
Why Trade With eToro USA?
eToro is a top choice for traders due to its top-notch social investing and copy trading services. The broker caters well to new traders with its low deposit requirement, commission-free trading, and user-friendly platform.
Pros
- The broker's Academy provides extensive educational resources for traders, ranging from beginners to advanced levels.
- The online broker provides a user-friendly social investment network for easy crypto trading replication.
- The low minimum deposit and simple account setup allow beginners to start trading quickly.
Cons
- Traders used to third-party charting tools won't find MetaTrader 4 platform integration.
- The exclusive terminal does not accommodate trading bots and lacks extra equity market analysis tools.
- There are fewer trading options available, including only stocks, ETFs, and cryptos, compared to competitors.
Why Trade With RedMars?
RedMars is suitable for expert traders in the EU who are comfortable with the MetaTrader 5 platform, as the broker is approved by the CySEC. However, due to its minimal education and research tools, it is not recommended for beginners.
Pros
- EU clients can trade confidently with RedMars, as it is approved by the CySEC. In case of bankruptcy, up to €20K compensation is available through the ICF.
- The broker accepts several payment options such as wire transfers, credit cards, e-wallets, and notably, cryptocurrencies for trading related transactions.
- The broker is among a few firms that provide a special account for VIPs featuring premium support and exclusive event invitations.
Cons
- The trading platform is simple, lacking advanced features like Islamic account, PAMM account, or copy trading.
- RedMars' spreads are industry-standard, but they don't provide a substantial advantage over the least expensive trading brokers we have experience with, particularly IC Markets.
- RedMars provides a constrained trading platform, offering just 300 instruments. This is quite limited compared to top competitors such as BlackBull Markets, which boasts 26,000 assets.
Why Trade With Dukascopy?
If you're an experienced trader, Dukascopy offers the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the assurance of a Swiss-regulated bank and broker.
Pros
- The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
- Dukascopy provides tight spreads starting at 0.1 pips, leverage up to 1:200 (based on jurisdiction), and volume-based commissions that benefit high-frequency traders.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.
Cons
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
- Dukascopy's withdrawal fees are higher than most competitors we've tested, especially for bank wire transfers, which may discourage traders who need frequent fund access.
- Certain account types, like MT4/MT5 accounts, need a higher minimum deposit of $1,000. This might not be suitable for traders with limited budgets.
Filters
Introduction to the NYSE
The New York Stock Exchange (NYSE) is the largest stock market in the world and offers various investment opportunities through brokers. Situated in the iconic Wall Street in New York, trading on the NYSE has become entirely electronic thanks to technological advancements.
In this guide, we’ll help you understand how to choose a broker for NYSE trading, explore the history of the NYSE, and guide you on how to start trading on it.
Choosing the Right NYSE Broker
Picking the right broker to trade on the NYSE is crucial. Consider the following factors:
Fees
– Brokers often charge fees for buying and selling stocks. These fees can be a fixed amount or a percentage of the trade value.
– For example, Pepperstone charges $3.50 per trade for certain accounts.
– Be sure to compare fee structures of different brokers and check for any additional costs like withdrawal fees or inactivity charges.
Mobile App
– Many brokers offer mobile apps, allowing you to trade on-the-go.
– Look for apps that provide tools for analyzing stock prices and trends.
– Some popular apps include XTB’s xStation and MetaTrader 5, both offering user-friendly designs and useful market data.
Demo Accounts
– Top brokers provide demo accounts where you can practice trading with virtual money.
– Demo accounts help you test strategies without risking real money.
Deposit & Withdrawal Methods
– Choose brokers that offer convenient options for depositing and withdrawing money, like ACH transfers or debit cards.
– Look for brokers with low or no transaction fees and quick processing times.
Understanding the New York Stock Exchange
The NYSE, managed by Intercontinental Exchange, is not just a stock market; it’s a piece of history and a hub for major financial activities.
A Bit of History
– The NYSE began in 1792 with the Buttonwood Agreement, a pact to set standard commissions among 24 brokers.
– It started with trading shares of banks like the Bank of North America.
– Over the years, the Exchange has adapted to changes, such as moving to fully electronic trading by 2020.
Different Indices on the NYSE
An index tracks the performance of a group of stocks. Here are some major NYSE indices:
- NYSE Composite (DJ): Contains all stocks listed on the NYSE.
- NYSE Arca Tech 100: Focuses on top 100 tech companies, including stocks from other exchanges.
- Dow Jones Industrial Average: One of the most watched indices, featuring the 30 largest U.S. companies.
- S&P 500: Tracks 500 of the biggest companies in the U.S.
- NYSE FANG+: Includes 10 major tech companies in an equal-weighted index, providing diversity in portfolio.
- NYSE Bitcoin Index: Reflects the US dollar value of Bitcoin transactions.
Uses of the NYSE
NYSE vs NASDAQ
– The NYSE is an auction market where investors trade directly with each other, unlike NASDAQ, which is a dealer market with intermediaries.
– While the NYSE features more established companies, NASDAQ focuses more on tech firms, making each exchange appealing to different types of investors.
NYSE Pillar
– NYSE Pillar is an advanced platform easing access to various NYSE markets including NYSE American and NYSE Arca.
– This platform brings together over 8000 securities from different U.S. stock exchanges.
Tapes A, B, and C
These tapes categorize U.S. stocks:
- Tape A: NYSE-listed stocks.
- Tape B: Mainly regional stocks listed on Arca.
- Tape C: NASDAQ stocks traded on NYSE.
How the NYSE Works
Floor Brokers
– Recognizable by their jackets, floor brokers execute trades for clients using hand signals and verbal communications on the trading floor.
– Gradually, electronic systems are replacing many traditional methods.
Program Trading
– This refers to using computer algorithms to trade large volumes of stocks, typically involving transactions over $1 million.
– Though efficient, program trading can add to market volatility.
Halts
– Circuit breakers can halt trading if prices drop excessively to prevent market panic, like during the Gamestop trading surge.
Reports
– NYSE provides data and reports, such as volume summaries, to help investors make informed decisions.
Regulation
– The NYSE is regulated to ensure fair trading, with organizations like FINRA and SEC overseeing compliance.
Key Companies on the NYSE
– Major companies include Apple, Microsoft, and Google.
– For a company to be listed on the NYSE, it needs substantial market value and must maintain its share price above certain levels.
Why Trade on the NYSE?
Trading on the NYSE offers:
- High Liquidity: Easier to buy and sell shares due to high volume of trades.
- Competitive Pricing: Narrow bid/ask spreads benefit investors.
- Stability: More established companies tend to be listed here.
Getting Started with NYSE Trading
Pick a Strategy
– Develop a trading strategy to guide your investment decisions.
– The NYSE tick index strategy helps gauge market trends by comparing stocks moving up against those moving down.
Opening Times
– The NYSE operates from 09:30 to 16:00 New York time, Monday to Friday.
– Additional pre-market and after-hours sessions are also available for extra trading opportunity.
Tips for NYSE Investors
- Access real-time data using API connections to stay updated.
- Understand the tax implications when trading stocks.
- Stay informed with the latest news and reports from the NYSE.
- Set alerts for important stock changes to react quickly to market shifts.
- Use online resources to learn more about trading and develop better strategies.
Final Thoughts on NYSE Brokers
Brokers give traders like you access to the world’s biggest stock market, offering the chance to trade shares in leading companies. The high liquidity and narrow spreads make it a top choice globally. Explore our list of recommended NYSE brokers to begin your investment journey.
FAQs
How Do I Start Trading On The NYSE?
To trade, use a regulated broker with access to the NYSE. Pay attention to fees and commissions.
How Does The NYSE Trading Floor Work?
Traders facilitate buying and selling for clients. Transactions are first verbal then confirmed electronically.
What Are The NYSE Trading Hours?
The main trading hours are from 09:30 to 16:00 (NYC time), with extended trading sessions available pre and post-market.
NASDAQ vs. NYSE: What’s the Difference?
Unlike the auction-based NYSE, NASDAQ operates as a dealer market without a physical floor, focusing mainly on tech shares.
When Did the NYSE Begin?
The NYSE started in 1792 with the Buttonwood Agreement to standardize trading practices.
What Are NYSE Non-Trading Days?
The NYSE observes several holidays, including New Year’s Day, Martin Luther King Jr. Day, and Christmas, where no trading occurs. Check with your broker for a full list.