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2007-02-05 10:13:23 · 4 answers · asked by Anonymous in Business & Finance Investing

4 answers

It all depends on what's important to you.

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).

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!

2007-02-12 08:40:49 · answer #1 · answered by Yada Yada Yada 7 · 1 0

I had a friend used Scottrade (I use Ameritrade) and he liked it. Looking at Sharebuilders, they're kind of a ripoff in my opinion and charge a premium in the guise of buying smaller amounts of stock with ease.

2007-02-05 21:01:30 · answer #2 · answered by Eric L 5 · 0 0

i use sharebuilder. it depends on which one you like best.

2007-02-10 20:42:38 · answer #3 · answered by Debt Free! 5 · 0 0

Try www.ny-stock.com.

2007-02-06 17:05:53 · answer #4 · answered by Anonymous · 0 0

fedest.com, questions and answers