Feb 142012
 

While writing the update on Boom Securities being taken over by Monex, I found a Monex press release that adds some more background to my earlier posts about the estimated stock broker market share in various countries (US, UK, Singapore):

In Japan, Monex, Inc. is an online brokerage firm with a client base of 1.2 million. There are only 8 online brokerage firms around the world that have a client base of over 1 million: TDAmeritrade, Charles Schwab, E*TRADE, and Fidelity in the United States, Cortal Consors in Europe, and SBI Securities, Rakuten Securities, and Monex, Inc. in Japan.

It’s no surprise to see the four US heavyweights on that list (in fact, I think there’s an omission – according to Reuters, Scottrade has 2.5 million accounts) and given the size of the Japanese market, the major players there must also have a significant user base. I’m a little surprised to realise that Cortal Consors has so many clients. Continue reading »

Jul 302011
 

This is the third of three posts on the market share of stock brokers in the US, the UK and Singapore. The first part deals with US stock brokers and the second part with UK stock brokers.

Of course, the top market share is completely different to who the best stock broker is – in fact, in each case the top five includes firms I wouldn’t go near. If that’s what you’re looking for, see the guide five of the best international stock brokers.

But to discover who is number one in Singapore,  read on.

Continue reading »

Jul 302011
 

This is the second of three posts on the market share of stock brokers in the US, the UK and Singapore. Part one deals with US stock brokers and part three with Singapore stock brokers.

Of course, the top broker by market share is completely different to who the best stock broker is – in fact, in each case the top five includes firms I wouldn’t go near. If that’s what you’re looking for, see the guide to the the five best international stock brokers.

But to discover which two firms lead the rest in the UK, read on.

Continue reading »

Jul 302011
 

I’ve seen several hits from searches like stock broker market share lately. And since you’re asking, I might as well try to answer.

So I’ve pulled together some data on the top stock brokers in three different markets – the US, the UK and Singapore. (I tried Hong Kong as well, but I couldn’t get any data.)

Of course, this is completely different to who the best stock broker is – in fact, in each case the top five includes firms I wouldn’t go near. If that’s what you’re looking for, see the guide to the five best international stock brokers.

Otherwise, to see who the number one stock broker is in each country, read on.

Continue reading »