Where can I invest money in stocks on my own. Looking for companies like etrade.com?

Question

Just like the question says. I want to try and invest money, where can I go. I do not wish to use a broker.

Answer 1

Scottrade for an online account.

http://www.Top10Traders.com for investment ideas - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

Answer 2

scottrade is a good one. they charge you $7 per trade whether you buy 1 share or 1 million. they also pay you about 1/2% interest on uninvested cash in your account. they are a deep discount broker so you won't have to talk to a human at all once your account is set up. i know you said you don't want to use a broker but that's how you buy and sell stock unless you just go to a company and buy it directly from them. all these online places that allow you to buy and sell securities online are brokers. that just means they are the middle-man between companies that issue the stocks and the people who buy them. it's pretty convenient. if a stock pays a dividend, it just goes right into your account. all you need to get started is $500 to invest. that is not a fee. it's still your money but they won't open up an account for less. www.scottrade.com hope this helps

Answer 3

I use Scottrade. It took just a few minutes to open an account. They only wanted a $500 minimum (but, to the delight of brokers, bankers, and casinos, I brought more). Most trades are a flat $7 and often executed very quickly. The more advanced trading browser will cost you extra, but there is a freebie that works for the basics (I usually do my research elsewhere, often but not always free). While I can trade through a broker, those cost extra and the mix of available offices is good, but I usually only call an office when I lost my password or fumbled my account number or asked about trading options too. So a human is available when you need them, but you usually won't need them.

Answer 4

I would take a look at sharebuilder.com. Sharebuilder lets you trade securities for as low as $4 a transaction. You also will avoid the fees that the discount brokers begin charging when the market turns south. I work in the industry though not at sharebuilder and I recommend sharebuilder to anyone starting out with investments. Feel free to drop me a line should you have any additional questions. Good luck!

Answer 5

If you think you might want a lot of research facilities, then Fidelity is an excellent choice. The offer a great deal of independent research.

Etrade, TDAmeritrade, Scottrade are each excellent choices.

Answer 6

Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.

http://investing.sitesled.com/

I am sure that you can get your answers in this website.

Good Luck and Best Wishes!

Answer 7

I use Scottrade. The brokers are there if you need them. Love their trading site and it's cheap.

Answer 8

I have two accounts:

1. Ameritrade for research
2. interactivebrokers for trading

Before investing real money, try paper trading in investopedia.com until your trading system really works in bull and bear markets.

Good luck.

Answer 9

I use scottrade. You should use platforms like ameritrade, scottrade and etrade until you get experience and move to trade station to make more sizable trades

Answer 10

I personally use sharebuilder. It is good there customer service is great. The plan is cheap also. The best thing no minimums so go with sharebuilder you won't be mad.