I'm a beginner, who has the best prices, easiest interface and least amount of fees? What have your experiences been?
2007-03-27 16:54:25 · 7 answers · asked by aroundtheom 3 in Business & Finance ➔ Investing
ameritrade is pretty straightforward with their fees and interface. the most important factor is wise trading/investing. Most online brokers are all about the same, decent execution and trades for around $10
2007-03-27 17:01:53 · answer #1 · answered by Colonia 2 · 0⤊ 0⤋
Scottrade is buy far the cheapest yet most reliable broker out there right now at $7.00 a trade and no inactivity fees.
Just as a side note though if you are new to investing in stocks make sure you learn before you start throwing money into the stock market. It is a difficult game to learn.
You may want to visit vanguard.com they have a lot of good honest information there about mutual funds and index funds. A much better choice for a beginner.
2007-03-27 17:34:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
For most folks the two major considerations are commissions and also if the company has an 'account maintenace fee' (ie charging you for the privelidge of having an account open).
Two that you might consider are Tradeking ($5 commissions) and Scottrade ($7 commissions) both of which I'm pretty sure don't have maintenance fees. I've heard of a broker that doesn't charge commissions (begins with a 'Z') but I don't know much about it.
2007-03-27 17:25:27 · answer #3 · answered by Adam J 6 · 0⤊ 0⤋
I use http://sogoinvest.excellentabc.com . There prices are very low, the most I pay per trade is $3 and the interface is really easy to use. I think its important to have very low fees since high fees will eat up any return you might get.
Hope this helps you out.
2007-03-29 09:07:47 · answer #4 · answered by KevinM200 2 · 0⤊ 0⤋
CyberTrader has a great platform, really geared for the professional trader. They have low pricing and all the bells and whistles. If you would like more info the website is www.cybertrader.com Oh yea they are owned by Charles Schwab incase you didnt know. If you would like more information you can email me at tlanzana@rematatrading.com and check out our website as well www.rematatrading.com
2007-03-28 07:47:23 · answer #5 · answered by phantomtrader2 2 · 0⤊ 0⤋
I have been with Scottrade for several years. I really like it. Seven dollar market orders. No extra fees. Quick executions, in my experience. Great customer service, when I have needed it. Which hasnt been often.
2007-03-27 17:44:56 · answer #6 · answered by jeff410 7 · 0⤊ 0⤋
i like scottrade myself.
2007-03-27 19:28:15 · answer #7 · answered by comic book guy 5 · 0⤊ 0⤋