how do i buy stock online?

Answer 1

First off, open a brokerage acct. Then deposit money. Then trade!

There are a lot of good brokerages depending on what you like and how you trade.

Barron's has a great article on brokerages that they publish each year. (Latest one was in March 6, 2006). Kiplinger does one too.

Here’s the link to the Barron’s article.
http://webreprints.djreprints.com/1550280182488.html

Here’s the link to the Kiplinger’s July 2006 article which isn’t bad either.
http://www.kiplinger.com/magazine/archives/2006/07/brokers.html


For basic stuff, E*Trade, Ameritrade, and Scottrade are sufficient. For more complex trades, I'd recommend Optionsxpress, ThinkorSwim, or interactivebrokers.

Based on what you put in your question, I'd recommend one of the first three, but all are very good. Cheapest probably is scottrade (of the larger online firms). Yes there are cheaper like interactivebrokers, but you'll have to get used to their software based platform (which is doable). They're only about $1/contract on options!

Brokerages like Fidelity are horrible for anyone with any decent experience.

So, decide what's important to you as a trader and compare the brokers! You can use the article, or go to each website as they all seem to have comparison charts!

And if there are particular things that you want to mention as being most important to you (such as executions, cust svc, cheapest trade, flexibility on allowing you to do certain types of trades, stop and stop limit orders, contingent orders, great graphing, what if scenarios, training, etc), I'll be glad to help discuss this with you too!

If you have any questions, let me know.

Hope that helps!

Answer 2

A few companies will allow you to purchase the stock directly from the company...some even on their websites. However, you're generally going to have to open a brokerage account. Once you have the brokerage account open it's quite simple to make the purchases. Try www.etrade.com or www.schwab.com if you've got $5000 or more. If you have less than that you could try www.sharebuilder.com, which allows you to purchase small portions of stocks at lower cost than a traditional brokerage.

Answer 3

You have to open up an account with a brokerage firm. Etrade, Scottrade, Ameritrade, Charles Schwab, TD Waterhouse are good firms.

Answer 4

Open up an online brokerage account and then you can start buying stock.


here are some
schwab , etrade, ameritrade, scott trade, etc........

Answer 5

I would recommend you to check the website below where you can learn more about stocks trading and also how to select best stocks online.
Hope it helps

http://money-review-site.com/shares.html

http://www.money-review-site.com

Answer 6

SogoInvest.