From here you can read a sampling of comments from fellow
Dogs of the Dow investors regarding deep discount brokers (all Top Dog Broker links are listed above). For our list of the best low commission online brokers, take a look at our
Top Dog Brokers page and let us know what you think via our
Top Dog Brokers Comment Form.
After analyzing thousands of survey responses, we found that even though some of the large, more expensive online brokers (such as Charles Schwab & Fidelity) have very good overall customer satisfaction, so too do many of the Top Dog Brokers and at less than half the cost.
With low commissions, high customer satisfaction, significant market share, and no inactivity fees to boot; Scottrade stood above the rest. However, competition in the online brokerage arena is fierce (just the way we like it) and as result we have one honorable mention -- Fidelity Investments. While Fidelity does have slightly higher stock commissions, they also have high customer satisfaction, significant market share as well as a solid offering of services and research tools.
We believe that any Dogs of the Dow investor who is either unhappy with their current broker or just looking for a better deal would do well to take a look at what Scottrade (as well as Fidelity) has to offer. As always, we will keep poring over everyone's feedback and let you know the instant a great deal can be found. Stay tuned...