Where is the least expensive place for trading stocks? Are there any FREE places?

Answer 1

Bank of America recently started offering 30 commission-free trades per month, provided that you meet certain balance requirements with them. Other institutions, like Vanguard's Brokerage, will also offer a limited number of comission-free trades every month or quarter depending on the amount of assets you hold there. However, Bank of America is the only one I'm aware of that offers comission-free trades without having more than a million in assets at the institution.

Cyber Trader, intended for active traders, also offers low per-share pricing, as low as $0.006 per trade. For trades involving a high number of shares, though, you'll probably want to consider other options.

Sharebuilder.com offers $4 trades, but you're restricited to trading only on one day to trade at that price with them.

Answer 2

There are several companies who do online trades for you at a low flat fee per trade. There probably aren't any who do them free, since there is work involved and they have to be compensated somehow. Some will give you an initial number of free trades when you sign up.

Once you own stock in a company, some will let you reinvest dividends, or invest additional money, without charging you. Most companies have started to charge fees for the additional investments also.

Answer 3

the so called cheap companies are not generally recommended (zecco especially). Most here recommend tradeking or scottrade. I use scottrade its easy to set up and only $500 to start.

Answer 4

try www.nystockexc.com