online investment ? witch one would you recommend?

Question

from 50 to 1000.......HSBC.COM,E-TRADE,FIDELITY,............please help

Answer 1

Sounds like you're looking for an online broker.

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

Go to E-trade, just open an account and add to it when you can...in a little while you'll have enough to "invest".....meantime look at a couple of different web-sites ( yahoo/finance...moneycentral/msn...Kiplingers) and read a little about " mutual funds" and " ETF's"
When you start putting a little money into one kind of fund or another it will start growing for you...
Do that reading....and probably start with ETF's ( cost less to start) get a few shares of an " international" or " global" ...
My daughters have done well with MXE....(Mexico)

Answer 3

for what? For a brokerage account? For a CD investment? What?