any suggestions on good brokerage firms?
2006-10-25 11:13:39 · 4 answers · asked by . . 1 in Business & Finance ➔ Investing
thinkorswim.com very helpful as low as $5 transaction fees and tutorials on how to play the options games (which I haven't even started yet and probably wont for a few years) free downloadable tracking software is pretty decent too. But they do require a $3500 minimum.
sharebuilder.com is ok to INVEST not buy and sell $4 to invest but $15 (or so) to sell it. No minimums here optional plans can get you free investments and a slightly lower sell rate. To exchange to another broker its $50.
2006-10-25 12:32:58 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Scottrade is one of the best and cheapest. Only need $500 to start an account, 7$ a trade. Fast execution. I've heard that they're not the best for penny stocks, but I don't generally buy those.
2006-10-25 18:44:05 · answer #2 · answered by Yardbird 5 · 0⤊ 0⤋
I use Scottrade and each trade costs me $7. I do my own research, so I'm on my own when it comes to my investments. If you need help with research, some other companies will charge you $50 or more depending on your trade...and yes, it could even be hundreds of dollars for huge trades.
2006-10-26 21:25:14 · answer #3 · answered by Mike S 7 · 0⤊ 0⤋
We use;
Scottrade, Schwab and Fidelity Brokerage.
Scottrade is great and cheap... but only use if you're an experienced stock trader.... or it will cost you more in what you don't understand.
I think the best "overall" broker is Schwab.
Good luck.
2006-10-26 12:16:29 · answer #4 · answered by Common Sense 7 · 0⤊ 0⤋