Best Brokerage Trading Platforms

April 2024

Brokerage system software analyzes financial markets to help investors make correct decisions. Another name for it is stockbroking software. These kinds of products monitor transactions and account activities, assess the risk of trading opportunities.

What are the features of brokerage software?

These are advanced and complicated software products. They often offer features like charting tools, real-time quotes, news feeds. Even premium research options dive deep enough to provide additional information about a particular stock.

This type of premium content can include information about the connected and similar stock. Even historic search and trends about a given company or similar companies. 

Best broker software also offers options like quick order placement, watchlists of stocks and funds, security and compliance alerts.

Top indicators of stock brokerage software

Brokerage trading platforms must also have very basic features to qualify for a stock brokerage software product category. These would be:

  • ability to place trades by investors and traders
  • monitoring accounts for investors and traders
  • aligning the stock investment according to specific market definitions (such as stocks, currencies, options, or futures markets)
  • digital processing of all financial transactions
  • complete portfolio options – ability to invest in equities, commodities, bonds, and derivatives

Only then can a brokerage trading platform’s software be called a complete business tool.

How to choose the best broker software?

By analyzing your expectations and software options. Check what kind of fees a brokerage system demands. What features it has. Day traders and short-term traders could need options like Level 2 quotes and market maker depth charts. Tools designed to visualize options strategies are also very helpful – numbers are easier to understand when put in a visual context.

Finally, some brokerage trading platforms software may require specific requirements to qualify for their use. For example, day trading platforms may expect traders to have at least $25,000 in equity in their accounts. They can also demand approval for margin trading.

Consider everything carefully. If you can’t find the best broker software for you, check also our article on top trading platforms to watch. You may also think about cooperation with a vendor to introduce a new product to the market. With end-to-end development, everything is possible.

1

Active Trader Pro

250+ Employees
Boston, United States
Est. 1946
Fully customizable with real-time streaming account, order, and market data updates. Exclusive tools like Real-time Analytics use historical trends to help you make more informed trading decisions. Intuitive trading tools like Strategy Ideas, Option Trade Builder, and Trade Armor streamline trading and help you plan your exit strategy.
Specialities
  • Online Trading
  • Cash Management
  • Stock Plan Services
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2

Asset and Investment Manager (AIM)

250+ Employees
Arlington, United States
Est. 1929
Bloomberg AIM delivers global, multi-asset solutions for portfolio management, trading, compliance and operations. AIM is designed to offer the most scalable asset management technology in the market, one that allows AIM clients to grow assets on existing investments and to quickly expand into new asset classes, markets or investment styles without disruption.
Specialities
  • Portfolio Management
  • Asset Management
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3

Binance Broker

250+ Employees
Cayman Islands, Cayman Islands
Est. 2017
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com
Specialities
  • Cryptocurrency
  • Blockchain
  • Trading Platform
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4

Broadridge Bank Debt and Loan Trading

250+ Employees
New York, United States
Est. 2007
Optimize your credit trading with a bank debt processing solution that covers the entire cycle. Credit Master provides complete trading and support for every step in the workflow, including portfolio analysis, global transaction entry, settlement and closing, and compliance and document warehousing.
Specialities
  • Data and Analytics
  • FinTech
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5

Broadridge Securities Finance

250+ Employees
New York, United States
Est. 2007
Streamline securities finance and collateral management with an integrated solution for firms of all sizes on both the buy-side and sell-side. Optimize inventory, enhance trading opportunities, reduce costs and improve efficiency across your business through full front- to back-office functionality.
Specialities
  • Data and Analytics
  • FinTech
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6

Broadridge Trading Platforms

250+ Employees
New York, United States
Est. 2007
Stay compliant with Broadridge’s specialized trading platforms for mutual funds, ETFs, IRAs and broker-dealers. These platforms offer many benefits: reduced trade errors, improved back-office efficiency and increased transparency between firms and intermediaries.
Specialities
  • Data and Analytics
  • FinTech
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7

Calypso Platform

250+ Employees
San Francisco, United States
Est. 1997
Calypso’s tiered architecture elegantly decouples complex transaction processing from low-latency risk and reporting. Service-oriented design eliminates processing bottlenecks and enables institutions to meet the diverse market demands. Continuous round-the-clock global processing can support any multi-entity organization.
Specialities
  • Investment Management
  • Capital Markets
  • Cloud Technologies
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8

Charles River IMS

250+ Employees
Burlington, United States
Est. 1984
The Charles River Investment Management Solution (Charles River IMS) automates front and middle office processes for buy-side firms in more than 40 countries, including 50 of the top 100 investment managers. The solution enables accurate and timely investment decision support for institutional, wealth and alternative investment firms. Charles River IMS helps clients streamline operations, reduce risk, and improve reliability.
Specialities
  • Financial Software
  • Risk Analytics
  • Investment Management Solution
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9

Coinbase Prime

250+ Employees
San Francisco, United States
Est. 2012
Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin. Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system. Our first step on that journey is making digital currency accessible and approachable for everyone. Two principles guide our efforts. First, be the most trusted company in our domain. Second, create user-focused products that are easier and more intuitive to use.
Specialities
  • Digital Currency
  • Cryptography
  • Payment Processing
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10

DEGIRO

250+ Employees
Amsterdam, Netherlands
Est. 2008
DEGIRO is one of the fastest growing online brokers in Europe. What separates DEGIRO from the rest is that we offer institutional fees to retail investors.
Specialities
  • Brokerage
  • Trading
  • Investment Platforms
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11

E*Trade Web Platform

250+ Employees
Palo Alto, United States
Est. 1982
The original place to invest online, and the heart of the E*TRADE experience. Buy, sell, research, generate ideas,and track the markets, all in one place. Even school yourself on the latest investing trends and techniques.
Specialities
  • Online Stock Broking
  • Retail Banking
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12

eToro

250+ Employees
London , United Kingdom
Est. 2007
eToro has been a leader in the global Fintech revolution. It is the worldleading social trading network, with millions of registered users and an array of innovative trading and investment tools.
Specialities
  • Stocks
  • Cryptoassets
  • Social Trading
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13

FactSet Trading Solutions

250+ Employees
Norwalk, United States
Est. 1978
Make informed decisions faster, trade more efficiently, and manage compliance so you can increase performance and reduce operating margin to compete with passive investment products.
Specialities
  • Portfolio Management
  • Wealth Management
  • Risk Management and Analysis
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14

FastTrade

250+ Employees
Pisa, Italy
Est. 1985
The modular structure of the platform includes pricing and auto quoting engines, position keeping, EMS, and algorithmic trading tools: a one stop shop for trading, market making and brokerage activities.
Specialities
  • Leading Financial Technology
  • Asset Management
  • Risk Management
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15

Finacle Treasury

250+ Employees
Bangalore, India
Est. 2014
This marketplace is exclusively designed to put the spotlight on the innovations ushered in by Finacle partner ecosystem.
Specialities
  • Digital Banking Solution
  • Marketplace
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16

FIS Private Markets Suite

250+ Employees
Jacksonville, United States
Est. 1968
The FIS Private Markets Suite empowers growth-ready alternative asset managers to handle the complexities of private debt and hybrid funds more efficiently.
Specialities
  • Information Technology
  • Core Banking
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17

FlexTRADER EMS

250+ Employees
Great Neck, United States
Est. 1996
FlexTRADER EMS enables you to manage multiple portfolios comprised of several sub-accounts over many global destinations from a comprehensive blotter.
Specialities
  • Algorithmic Trading
  • Multi-Asset Trading
  • Advanced Analytics
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18

FOREXTrader

250+ Employees
New York, United States
Est. 1924
GAIN Capital’s online trading brands deliver competitive pricing, reliable trade execution and innovative trading.
Specialities
  • Foreign Exchange
  • Online Trading
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19

GBST

250+ Employees
Sydney, Australia
Est. 1984
We provide financial services technology to the capital market and wealth management sectors globally. Our experts create vital back, middle and front office technology solutions for investment bankers, stockbrokers and fund managers to assist them with streamlining operations and engaging their customers.
Specialities
  • Wealth Management
  • Capital Market
  • Financial Software
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20

GlobalX

250+ Employees
Windsor, United States
Est. 1986
GlobalX is a neutral global broker-to-broker network that enables its members to conduct cross-border trading on an agency basis with the same efficiencies as brokers in the local markets.
Specialities
  • Portfolio Management
  • Financial Services Software
  • Hedge Fund Administration
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21

Ion Trading

250+ Employees
London, United Kingdom
Est. 1998
ION automated trading technology enables you to automate order management, execution and flow internalization. ION order and execution management solutions have full coverage of market order types and as well as synthetic instruments and orders across multiple markets.
Specialities
  • Financial Institutions
  • Corporations
  • Central Banks
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22

Jane Street

250+ Employees
New York, United States
Est. 2000
Jane Street offers industry-leading electronic trading platforms in the US and Europe.
Specialities
  • Trading Strategies
  • Trading Platforms
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23

MarketAxess

250+ Employees
New York, United States
Est. 2000
That same digital evolution is taking place in world’s bond markets. MarketAxess is transforming how the global fixed-income marketplace connects and transacts.
Specialities
  • Emerging Market Corporate
  • Open Trading
  • Fixed Income ETFs
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24

Moxy

250+ Employees
Windsor, United States
Est. 1986
Moxy® is proven to improve operational efficiency with a seamless workflow from portfolio modeling through to trade creation, execution, confirmation, allocation and settlement. Built on industry-standard technology, it’s easy to implement within a firm’s existing IT environment. And, as your AUM or trading volume grows, it has the scalability to deliver the performance you need. Moxy® provides a window into your firm’s trading operations. By allowing end-to-end transparency into your processes, you can meet operational due diligence standards and demonstrate best practice to clients.
Specialities
  • Portfolio Management
  • Private Equity
  • Hedge Fund Administration
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25

Nasdaq Buy-Side Compliance

250+ Employees
New York, United States
Est. 1971
Nasdaq Buy-side Compliance provides asset managers and hedge funds with the behavioral profiling algorithms needed to effectively address MAR and MiFID II regulatory requirements. The software enables suspicious activities to be flagged more accurately and investigated immediately, transforming trade surveillance management.
Specialities
  • Financial Markets
  • Global Trading
  • Global Index Services
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26

Nasdaq SOX Solution

250+ Employees
New York, United States
Est. 1971
The Nasdaq SOX Software Solution offers a complete package to streamline internal controls for the financial reporting process which reduces the burden of compliance at the same time. The solution is based on a combination of the pre-configured, analyst recognized BWise GRC platform and services, as well as Nasdaq governance best practices.
Specialities
  • Financial Markets
  • Global Trading
  • Global Index Services
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27

Openlink Endur

250+ Employees
New York, United States
Est. 1992
Award-winning energy trading and risk management (ETRM) solution. Reduce time spent on back-office processing. Automate from front to back office with straight-through processing.
Specialities
  • Risk Management Software
  • Trading
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28

Periotheus

250+ Employees
London, United Kingdom
Est. 1993
Trayport is the primary network and platform for European wholesale energy markets. Our network and solutions provide choice and support the growth of our clients and trading markets. Our solutions are used worldwide by traders, brokers and exchanges in multiple asset classes across OTC and cleared markets. Trayport Limited is a wholly-owned subsidiary of TMX Group Limited (TMX Group).
Specialities
  • Energy Trading Solutions
  • Brokers and Exchanges
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29

ProTrader

250+ Employees
Amsterdam, Netherlands
Est. 2000
ProTrader is a user-friendly platform that excels in speed, ease of use and functionalities. And the best thing of all: you can organize the platform 100% to your own wishes.https://www.home.saxo/nl-nl/platforms/overview?seg=binck&refpage=/zelf-beleggen/handelsplatformen/protrader
Specialities
  • Capital and Assets Management
  • Online Banking
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30

Refinitiv Nest

250+ Employees
London, United Kingdom
Est. 2018
Refinitiv Nest is an innovative solution offering “Tools of the Trade” for institutional and retail brokers, proprietary desks, and exchanges. These include trading tools, market data, exchange connectivity, and more. Both foreign and domestic retail brokers, institutional players and banks execute millions of security transactions on Indian exchanges every day. The Refinitiv Nest automated trading system is the market leader in institutional trading and has a significant share in retail trading. In a dynamic stock market environment like India, where regulators and exchanges are introducing new asset classes and tradable instruments in quick successions, Nest gives you more than just access to data. It also gives you the technology you need to manage your operations with speed and flexibility.
Specialities
  • Foreign Exchange
  • Asset Management
  • Financial Markets
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31

Refinitiv REDI EMS

250+ Employees
London, United Kingdom
Est. 2018
Simplify your workflow to trade smarter and faster with REDI EMS – the broker-neutral, multi-asset execution management system that can give you a competitive edge. Trade smarter, faster, and safer while moving through the trade lifecycle and keeping your costs low. REDI EMS helps you manage via a single platform that works in combination with our full suite of trading products. You can trade equities, futures and options with major brokers, globally, on this award-winning execution management system. It’s available the way you want it – desktop, cloud, API – so you can manage your trading strategies with ease from beginning to end.
Specialities
  • Foreign Exchange
  • Asset Management
  • Financial Markets
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32

Securities Management

250+ Employees
Portsmouth, United States
Est. 1989
Take back control and have full visibility over your securities settlement process. Gain visibility across different asset classes, geographies and systems. Our solutions for connectivity, reconciliation, corporate action management, market data, tracking and alerts can be used independently or consolidated via an intelligent dashboard for intuitive reporting and analysis.
Specialities
  • Global Cash Management
  • Legal Spend Management
  • Healthcare Document Automation
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33

Sell-Side Execution and Order Management Solutions (SSEOMS)

250+ Employees
Arlington, United States
Est. 1929
Bloomberg’s Sell-Side Execution and Order Management Solutions (SSEOMS) delivers global, multi-asset execution and order management solutions for the front, middle and back offices. With SSEOMS you can optimize your workflow, increase direct market access, manage risk and compliance, and improve operational efficiency.
Specialities
  • Portfolio Management
  • Asset Management
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34

Shenwan Hongyuan

250+ Employees
Hong Kong, China
Est. 1972
Shenwan Hongyuan Securities (HK) is a Hong Kong listed brokerage and a subsidiary of Shenwan Hongyuan Co., Ltd, the first securities company to be incorporated in China. The firm has developed into a large and comprehensive securities company with about 3,000 employees and a registered capital of Rmb6.72bn. Its business scope includes securities brokerage, securities investment consultation, financial advisory business related to securities trading and investment activities, proprietary trading, securities underwriting and sponsoring, securities assets management, distribution of securities investment fund products, and introducing broker services for futures companies. Shenwan Hongyuan Securities (HK) represents Shenwan Hongyuan’s drive into global capital markets and offers clients deep insight into the world’s second-largest economy by leveraging more than 150 analysts in China. The company’s business scope includes securities brokerage, securities investment consultation, financial advisory business related to securities trading and investment activities, proprietary trading, securities underwriting and sponsoring, securities assets management, distribution of securities investment fund products, and introducing broker services for futures companies.
Specialities
  • Asset Management
  • Futures Trading
  • Corporate Finance
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35

SMARTS Trade Supervision

250+ Employees
New York, United States
Est. 1971
Nasdaq Trade Supervision is a real-time, cross-asset solution that enables the front office at firms to monitor for trading activities which may represent disorderly markets. Its package of alert scenarios contains various rule-based algorithms, which are able to identify trading patterns based on the parameter values tailored to each firm.
Specialities
  • Financial Markets
  • Global Trading
  • Global Index Services
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36

SMARTS Trade Surveillance

250+ Employees
New York, United States
Est. 1971
SMARTS Trade Surveillance technology leverages over 20 years of expertise to create meaningful alerts that analyze complexities in trading across asset classes and trading venues, automating the detection, investigation and analysis of potentially abusive or disorderly trading.
Specialities
  • Financial Markets
  • Global Trading
  • Global Index Services
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37

TCS BaNCS

250+ Employees
Mumbai, India
Est. 1968
TCS BaNCS enables transformation in financial services through a superior and holistic suite of solutions for banks, capital market firms, insurance companies and diversified financial institutions.
Specialities
  • Business Solutions
  • Consulting
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38

The Matrix Trading Platform

250+ Employees
New York, United States
Est. 2007
Reduced trade errors, improved back-office efficiency and increased transparency between firms and intermediaries.
Specialities
  • Data and Analytics
  • FinTech
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39

Thewealthcore

250+ Employees
Engomi, Cyprus
The Wealth Core is one of the most reputable trading platforms in the industry today. When you’re thinking about indulging into the excitement that is trading, one of your main requests should be easy to use, But still highly advanced trading platform. Here at The Wealth Core, we worked hard to make this impossible dream reachable and available for all of our clients. Regardless of how much experience you have, or what are your trading goals – the sole purpose of a successful trading Platform is to make that journey easier.
Specialities
  • Trading Platforms
  • FinTech
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40

thinkorswim

250+ Employees
Omaha, United States
Est. 1975
Trade equities, options, futures, and forex on your own personal trading platform, powered by insights and education to help you nail even the most complex strategies and techniques.
Specialities
  • Brokerage and Clearing Services
  • Investment Services and Tools
  • Services and Tools for Active Traders
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41

Trade Architect

250+ Employees
Omaha, United States
Est. 1975
Trade smarter by leveraging our innovative products and enhance your web experience with our intuitive features. Everything is in one place, so that you can manage your portfolio more efficiently.
Specialities
  • Brokerage and Clearing Services
  • Investment Services and Tools
  • Custodian Services
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42

Trade Order Management Solutions (TOMS)

250+ Employees
Arlington, United States
Est. 1929
Bloomberg Trade Order Management Solutions (TOMS) provides fixed income sell-side firms the capabilities to efficiently manage inventory, risk, P&L, compliance and straight-through processing. The enterprise suite of solutions includes electronic trading tools and market connectivity to help firms synchronize their front office risk and trading with middle-office, operations and enterprise applications in real-time.
Specialities
  • Portfolio Management
  • Asset Management
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43

Trade Republic

250+ Employees
Berlin, Germany
Est. 2015
The Trade Republic app provides a fast, mobile account opening, intuitive search and filter functions, a personal timeline as well as extended trading hours from 7:30 am to 11 pm.
Specialities
  • Stocks
  • Banking
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44

Tradeguard Risk Management

250+ Employees
New York, United States
Est. 1971
Nasdaq TradeGuard risk management solution provides broker-dealers, hedge funds, prime brokers and clearing firms with comprehensive risk management and execution infrastructure tools to help minimize risks in increasingly regulated, latency-sensitive, high-volume and global trading environments. TradeGuard is a proven solution that enables firms to monitor and manage their aggregate risk exposure across markets, asset classes, regions and accounts in real-time through flexible pre-, at- and post-trade controls.
Specialities
  • Financial Markets
  • Global Trading
  • Global Index Services
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45

Tradeweb

250+ Employees
New York, United States
Est. 1996
Tradeweb works side by side with numerous industry partners to achieve direct server-to-server connections. Using industry standard protocols such as FIX, XML and FpML, as well as proprietary protocols, Tradeweb alliance members work with Tradeweb to add value for end-users. Clients benefit in many ways from seamless integration with their existing systems. By cutting out manual re-entry of trade and allocation information, they reduce fails, saving time, effort and money.
Specialities
  • Retail Wealth Management
  • Trade Processing
  • Fixed Income
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46

Tradex

250+ Employees
Windsor, United States
Est. 1986
Ease the burden of administration and regulatory compliance with a complete solution for fund order management and distribution. Tradex lets you replace manual procedures with a highly automated workflow from order entry through to settlement, achieving true operational efficiency.
Specialities
  • Portfolio Management
  • Private Equity
  • Hedge Fund Administration
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47

Treasury and Asset Management – TWIN

250+ Employees
Montreal, Canada
Est. 1976
TWIN is a comprehensive financial system for different types of markets and activities. It handles financial standard instruments while providing increased security, traceability and quality in registration and accounting, not only internally but also in communications with subsidiaries and external parties. It supports and links the front office, middle office and back office with the main book.
Specialities
  • Business Consulting
  • Intellectual Property
  • Business Process Services
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48

TT Platform

250+ Employees
Chicago, United States
Est. 1994
TT Platform is designed to optimize user’s trading through a comprehensive set of tools.
Specialities
  • Risk Management
  • Hosting Services
  • Automated Trading
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49

v

250+ Employees
Chicago, United States
Est. 1994
X_Trader is Trading Technologies’s flagship order-entry platform, designed to enable simultaneous trade in multiple markets from a single screen.
Specialities
  • Derivatives Trading Software
  • Risk Management
  • Cryptocurrencies
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50

ActTrader

50-249 Employees
New York, United States
Est. 2000
ActTrader is a currency exchange software that provides online trading platforms for financial institutions in the retail forex trading market-space.
Specialities
  • Trading Software
  • Program Developers
  • Managed Service Providers
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