Market Share of Discount Brokerage Industry
The discount brokerage market is consolidated, with few players leading the market. Some of the major players in the global market include Interactive Brokers, TD Ameritrade, Charles Schwab, ETrade, and Fidelity Investments, among others. In the study period, market players were also involved in mergers & acquisitions and partnerships focused on expanding their presence in the market. During the forecast period, the market offers growth prospects, which are anticipated to intensify competition. However, mid-size to smaller businesses are expanding their market presence by landing new contracts and breaking into untapped sectors thanks to product innovation and technology improvement.
Discount Brokerage Market Leaders
Interactive Brokers
TD Ameritrade
Charles Schwab
ETrade
Fidelity Investments
*Disclaimer: Major Players sorted in no particular order
