If I want to invest online in ETFs, which discount brokers do you have experience with and which would you recommend? Which should I stay away from?
2007-03-16 04:06:39 · 6 answers · asked by Neerdowellian 6 in Business & Finance ➔ Investing
I have been happy with TD Ameritrade for a while now. Folks I know well have been happy with Muriel Siebert, E-trade and Scotttrade. (Siebert's a little more expensive.) And the big guy Fidelity is really tempting now that they've lowered their commissions.
If you are investing in ETFs then your needs for research etc. may be a little less demanding than other folks (for example, investing in options extensively would lead to some brokers more than others.)
In addition to asking for personal references, you would probably be well-advised to look at some of the online broker reviews and tests that the money-oriented magazines have done. For example, Smart Money did a review in the fall, available at: http://www.smartmoney.com/brokers/index.cfm?)story=august2006 and Barron's did a nice survey last year: http://webreprints.djreprints.com/1550280182488.html
2007-03-16 04:33:44 · answer #1 · answered by enoriverbend 6 · 0⤊ 0⤋
ThinkOrSwim OCO One Cancels different First initiates OCO Blast 6 (and larger) In different words once you position a marketplace, decrease Or purchase end you are able to also upload a end Loss and reduce (promote). (OCO). I used to administration Schwab and Scottrade. ThinkOrSwim replaced into voted because the great "software" depending broking service on line. Their charts are tremendous. they have many different tremendous free amenities. i'm an absolute fan of ShadowTrader (accessible on line with the platform)..... For the restricted Mutual money that I definitely have I also get free Trades (on all money, even those that Schwab and fidelity charge for) - as a lot as 3 a month. i'm no longer linked with ThinkOrSwim by any means except being a customer. i'm in simple terms happy I acted on the evaluation. verify it out.
2016-11-25 23:48:37 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Specifically for ETFs, Scottrade. $7 commissions, no fees. Cheapest service I've seen.
2007-03-16 05:37:25 · answer #3 · answered by wc256764 2 · 0⤊ 0⤋
I've been happily using TD Ameritrade for years, but I just came across a company called Zecco trading. zecco.com. The price seems too good to be true so it probably is but I may give them a try.
2007-03-17 16:58:21 · answer #4 · answered by Lostandconfused 3 · 0⤊ 0⤋
I am going to have to agree with Scottrade. I moved my accounts from Ameriprise to Scottrade because of all fees and I have been very happy with Scottrade - can't beat $7 trades. Their customer service is excellent too!
2007-03-16 09:54:14 · answer #5 · answered by amykins89 2 · 0⤊ 0⤋
I use Trade King. Visit my blog for a review and referral:
http://coveredcall.wordpress.com
2007-03-16 04:32:59 · answer #6 · answered by Tim P 2 · 0⤊ 0⤋