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Place Trade Awarded #3 Overall Ranking in Barron's Best Online Brokers of 2014
Posted: Mar 27, 2014 11:36 AM
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Annual Barrons Online Broker Survey names Place Trade as a Top Online Broker of 2014, to the Best for Frequent Traders list and awards highest marks for Portfolio Analysis & Reports. This is the Third Year in a Row that Place Trade has been Ranked in the Top Ten.
Raleigh, NC (PRWEB) March 27, 2014
Place Trade Financial, Inc. (Member FINRA, SIPC), http://www.placetrade.com
, today announces that Barron's magazine has once again awarded the online trading firm as a top online broker. Barrons awarded Place Trade with 4 ½ stars and a number 3 overall ranking. This is the third year in a row Place Trade has ranked in the top 10 of Barrons list of Top Online Trading Firms.
I am honored that Place Trade has been included in Barrons list of top online brokers again this year, said Sarah M. Place, President and CEO of Place Trade Financial. This is significant because online trading is a very competitive market and Barrons is a well-respected publication. We appreciate the trust our customers have in us and will continue to work to bring very best trading experience to our online trading clients.
Place Trade was named as one of the Best Online Brokers and Best for Frequent Investors by Barrons 2014 online broker survey, which was published in its Mar. 15, 2014 issue. The annual study surveyed the capabilities of 20 online brokers. Place Trade, was one of only four online brokers that were reviewed this year, who earned an overall rating of 4 ½ stars (out of a possible 5 stars).
Place Trade has prided in offering the best in full service pricing and experience. As the online trading division continues to grow, the firm aims to offer the best overall online trading experience as well as to exceed the unique needs of frequent traders.
Along with the best trading platforms, best execution, lowest margin rates and great customer services, the firm continues to add new products and services to its dynamic platform. New trading tools this year include the very exciting Probability Lab as well as tools geared for options traders including Strategy Builder and Option Strategy Lab.
Place Trade received high marks in several additional online trading categories:
Trading Experience & Technology 4.8 Stars
Usability 4.6 Stars
Mobile 4.7 Stars
Research Amenities 4.8 Stars
Portfolio Analysis & Reports 5.0 Stars
Customer Service & Education 4.8 Stars
Place Trade serves the independent online trader who wants to buy and sell on their own or ask for advice. In addition the company offer services for financial institutions, mutual fund and hedge fund traders.
Read Barrons the full article The Best Online Brokers of 2014 here: http://online.barrons.com/article/SB...bs_article%3D0
How Barrons evaluated the firms:
Barrons evaluated 20 firms, focusing on what they have to offer for wealthy, active traders. These firms were evaluated across eight categories. They looked at what can be traded online, how the tools work together across platforms, the design and capabilities of mobile platforms, educational offerings and customer service. They also looked at the nuts and bolts of placing and executing a trade. Barrons examined costs too, looking at factors such as stock and options commissions, platform or maintenance fees, margin debt and charges for transferring an account.
Place Trade on Facebook http://www.facebook.com/PlaceTrade
Place Trade on Twitter @PlaceTrade
About Place Trade Financial, Inc.:
Place Trade Financial, Inc., Member FINRA, SIPC (http://us.placetrade.com
), is a global full service, discount brokerage firm with online trading. Headquartered in Raleigh, NC; Place Trade is currently celebrating ten years in the Triangle. Place Trade offers trading in over 100 market centers, spanning 19 countries, trading in several major languages and offering state of the art trading platforms for experienced online traders as well as professional traders, independent registered representatives, business and individual investors.
Clients can choose to work with an experienced financial advisor, trade online or enjoy the flexibility of using both services. Place Trade offers a full suite of financial products and services including stocks, bonds, mutual funds, options, 401(k) rollovers, retirement planning, college planning, wealth management, extensive trading tools, unbiased third party research, deep discount commissions, the lowest margin rates and more. Place Trade is a Municipal Securities Rulemaking Board (MSRB) registered firm as well.