What on line trading broker (your opinion) do you think is the best?
Droptine s аѕkеԁ:
Am рƖаnnіnɡ οn buying ѕοmе shares іn a local stock,ѕhουƖԁ i ɡο tο a local broker instead?
Am рƖаnnіnɡ οn buying ѕοmе shares іn a local stock,ѕhουƖԁ i ɡο tο a local broker instead?
Tags: Trading Platforms
On-line brokers will cost you between $10 to $20 per trade. Telephone and in-person brokers will charge about $50 per trade. I like Fidelity Investments.
Read the fine print. Those specials from Scott Trade and others only give that good rate to active traders (making something like 20 trades per quarter).
Comment by lb_centaur — June 26, 2009 @ 1:44 am
I use Tradeking.com You can open an account with as little as $500.00 They charge 4.95 a trade with no commissions and they don’t load it up with a bunch of other hidden charges.
If I ever need help with a transaction, they answer quickly on-line.
Comment by Bobcat — June 29, 2009 @ 12:49 am
Beware the exploiter who attempts to sell you software before you can commence trading in any way! If you find a website that looks to be user-friendly, that is the main thing, but any member of the public ought to be able to check it out for trustworthiness and credentials.
There are so many traders that few know anything like the best, but you’d get around that by continually improving your knowledge – that is the essence of trading in the various markets, and that advice works well with people as well as with stocks and shares – on average.
In practice, and if you are a ‘newbie’ it is best to choose a trader that you sense you could get to know fairly well, or ask your bank manager about safe ways of investing a sizable sum. That way the canny trader-explorer gets to avoid the pitfalls of frustrating the personal ambitions of close associates and/or competitors.
Then to make progress, you must find some way in which you can experiment, and be prepared to both win and lose occasionally. In UK the futures market is said to be the most risky, so you cannot always rely on pillars of the establishment to be safely ossified – big wins, but big losses also are possible. But in UK and elsewhere, there are also shares that are floated on the main stock market – these are called “penny shares”. With small investments, the entrant to buying and selling skills knowhow stakes gets to learn by experience through small wins and losses.
Then, lastly, don’t be too much the hedonist, or no spiritual progress will be made. Those savings management companies that offer smoothed funds, marketed by means of the most average of average media communication methods have a hierarchy of bloodthirsty middlemen that soon ensure the modest investor, becoming major investor, gets absolutely nowhere.
Comment by marshgrz — June 30, 2009 @ 9:25 am
When you know exactly what stock you want to buy, an online broker is a better choice than a full service broker. You wont get any advice or recommendations from an online broker, just a lower cost.
I have used Scottrade for several years. I pay $7 a trade, and have gone a whole YEAR without a trade and still only paid $7 so I dont know why someone else got a “teaser” rate.
Comment by edwardc3000 — July 2, 2009 @ 7:13 am
For me, internet stock trading at has been the best.This stock broker offers $3-$1 per trade. Its the cheapest trading.
Moreover, I did fractional share trading with them and it worked pretty nice.
Comment by Alex — July 4, 2009 @ 10:03 am