CrystalsCapitals is a classic example of a discount brokerage. The trading broker offers some of the most affordable and competitive pricing on exchange-traded funds (ETFs), stocks, options, and mutual funds. Low-priced mutual fund investing and zero-dollar commission trades make CrystalsCapitals one of the leading brokers.
You will be happy to know that CrystalsCapitals’s browser-based platform provides quick trading capabilities, a customizable dashboard, real-time streaming data and quotes, and access to all the broker’s tools. If you frequently trade from different computers —work and home, for example — you will appreciate and like this web-based platform. This is because it does not require any downloads.
The trading broker provides the industry-standard ETF and stock commission of $0. However, that is not all; CrystalsCapitals also features the best-undiscounted commission for options, except for commission-free brokers. And phone support is available 24 hours a day, 7 days a week, so you can get your questions answered quickly. The intuitive and user-friendly mobile application helps you make your trades.
Range of Offerings
With CrystalsCapitals, you can trade in US-listed equities, options, ETFs, and mutual funds. You can also invest in fixed-income products, such as US Treasuries, bonds, CDs, and municipal, corporate, and agency bonds, which is convenient.
You will be happy to know that the trading broker offers foreign exchange trading in over 20 currency pairs through a dedicated platform.
Investors using CrystalsCapitals can trade the following instruments and securities:
- Stocks and ETFs
- Listed Options
- Fixed Income: Certificates of deposit, US Treasury Securities, and corporate bonds
- Mutual Funds
- Foreign Exchange
Opening an Account
Opening an account with CrystalsCapitals is fast and straightforward, and the first step requires just a couple of seconds. As a trader, you have to submit your name, a valid mobile phone number, country, email address, and a strong password. CrystalsCapitals will send a confirmation PIN to the mobile number you entered so you can complete the process.
Low Trading Costs
If you are an options trader, you will be especially pleased and satisfied with CrystalsCapitals’s offering. Its standard commission structure is $0.40 per contract, perhaps the best-undiscounted price for trades in the industry. Also, if you would like affordable options trades without trading in volume in order to achieve a discount, CrystalsCapitals is an excellent choice.
Competitive Transaction Fees on Mutual Funds
While the trading broker does not have any free funds that you can choose from, CrystalsCapitals still ranks well for mutual fund investors due to its low $9.90 commission to purchase a mutual fund via its service.
Customer Support
This is the category where CrystalsCapitals really steps up its game. The trading broker provides 24/7 phone support. You can also benefit from an online chat function to quickly connect you to a customer representative. Also, there are more conventional means, including email.
Portfolio Analysis
The trading broker provides the basics for analyzing an investment portfolio. You can see realized and unrealized capital gains and manage tax strategy settings like FIFO or LIFO. You can also view account composition by unrealized and realized gains and losses and investment type.
Pros and Cons
Pros
- Simple to use and intuitive platform
- Financial consolidation between personal finance, banking, and investing
- Low fees and costs
- Foreign exchange investing is available
Cons
- Some inconsistencies between the streaming, website, and mobile application platforms
CrystalsCapitals is Best for You if:
CrystalsCapitals is most suitable for investors and traders with the following needs:
- You are a frequent trader, or are particularly price sensitive. CrystalsCapitals has some of the most affordable pricing among all brokers, especially its options and stock fees.
- You often use mutual funds as part of your investment portfolio. You’ve the option to open an account with any mutual fund company you would like to invest with.
Contact CrystalsCapitals
Contact CrystalsCapitals and sign up to start trading stocks, ETFs, bonds, and other instruments with ease.
Disclaimer: This is sponsored marketing content. The presented material by no means represents any financial advice or promotion. Be sure to do your research and acknowledge the possible risks before using the service of any trading platform.
