What sites would you recommend for investing online, whether it be stocks or other ?
I don't want to have to go through the bank and pay them the outrageous amounts they change for trading.
2006-10-06 08:48:42 · 6 answers · asked by aprilandroland 2 in Business & Finance ➔ Investing
Sharebuilder is great if you take a long term approach and are not looking to time the market. They have the lowest cost structure ($4 / trade, and there are no account minimums and no requirements to trade in 100 share increments). The down side is that they only make transactions at certain intervals, so you won't have the ability to time the market.
If you trade more frequently, TD Ameritrade may be a good option. Internet stock trades are $9.99 / transaction, and you have more options than with Sharebuilder, such as options, bonds, and the ability to trade on margin.
I have never used Scottrade, but it is similar to TD Ameritrade, and I hear good things about it.
2006-10-06 10:18:54 · answer #1 · answered by howardrourke 3 · 0⤊ 0⤋
I would go with scottrade. they charge 7 dollars for commission. Sharebuilder charges about 20 dollars per commission.
2006-10-06 09:46:13 · answer #2 · answered by wizard 3 · 0⤊ 1⤋
Sharebuilder and scottrade probably have the lowest prices.
2006-10-06 08:52:23 · answer #3 · answered by henry9tx8 2 · 0⤊ 0⤋
schwab.com down to 12.95 normally or 9.95 if active or lots of assets. Have all the options you need.
2006-10-06 11:36:41 · answer #4 · answered by vegas_iwish 5 · 0⤊ 0⤋
TDAmeritrade- $7.00 per transaction no matter who you are or what you have.
2006-10-06 09:04:01 · answer #5 · answered by heyjude 1 · 0⤊ 0⤋
i use sharebuilder.com
2006-10-06 08:50:51 · answer #6 · answered by island3girl 6 · 0⤊ 0⤋