I am just starting out in stocks,and I need a good brokerage company..any clues..
2007-04-24 05:38:14 · 7 answers · asked by tea22me 1 in Business & Finance ➔ Investing
I use "Scottrade" they cheap enough and have a nice Web-Site to manage your work.
I have used E-Trade and AmeriTrade (May have the names wrong), they were good too. I went with Scottrade about 3 years ago for price. In this game I figure every dollar adds up.
Now, these companies you pretty much on your own as far as decision making. But, knowledge is a powerful tool. IF, those Brokers that charge big bucks are as good as they say, why do they charge like they do?
I have come to the conclusion, people that charge big bucks for something, not know anything, but, how to scam people. In Stocks you need to learn this very early!
I not know how much you know but try to get you a few links that free for learning.
NOW, listen about the links. I got 2 Brokers and there are others. READ what they offer you to get started. E-Trade (not in list) gives 100 free trades and @ we will say; $10 a trade (That buy or sell), I let you do the math. You need to learn math in this.
Those listed offer a cash incentive for your business. Is their deal cheaper? You need to look at the math in everything you do and it not just cash-math??? OK?
The Fool was a site I used years ago and they cool and fun. They can give you some free insights of things you need to learn. And, just be careful, but, any free learning not cost money, just think! "How this can help or hurt you"! You not have to do everything you read from people. In time you Develope your on game plan.
NOW, I go get you 1 more link, but, you have to promise you NOT do this until you have doubled your initial investment with stocks. The next link is the money, that all it about, money. But, it will break you as well as make you, I say; "It like Poker"!
I BRB
2007-04-24 05:52:36 · answer #1 · answered by Snaglefritz 7 · 1⤊ 0⤋
This penny stock service has years of proven experience. Ultimately it is the best service for beginners to use https://tr.im/0SHkZ
You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.
2016-02-15 21:29:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Inexpensive ones: Zecco, SogoInvest, Sharebuilder, TradeKing, Scottrade
Others: Etrade, TD Ameritrade, Fidelity, Charles Schwab, ...
Good luck
2007-04-24 06:40:10 · answer #3 · answered by Anonymous · 0⤊ 0⤋
until snag mentioned forex at teh end he was pretty much right on. as for the so called dirt cheap brokers (zecco, mbtrading etc....) Both of those companies have serious customer service issues as for sogoinvest it took three months and a threat of legal action to get my cash money back from them. Cheaper is not better at the very minimum stay with Scottrade.
2007-04-24 07:53:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Fidelity, or Charles Schwab are probably the best. I've never used the others like etrade etc.
They offer insight cheap rates and good assistance.
Investing thru them is the best way to get started.
2007-04-24 05:42:26 · answer #5 · answered by Shauno 2 · 0⤊ 0⤋
A inventory can also be incredibly costly at $five and amazingly inexpensive at $three hundred You have got to appear on the P/E ratio to look if a inventory is inexpensive ----- Please wouldn't have this dialog with someone that is aware of something approximately shares. They will appear at you favor you're a goof ball. Even if you're a MechE
2016-09-05 22:27:06 · answer #6 · answered by ? 4 · 0⤊ 0⤋
I use e-trade. There are others that are a bit cheaper, but I really like it. They have a full range of features and would recommend them to friends and family.
2007-04-24 05:43:39 · answer #7 · answered by Tim C 1 · 0⤊ 0⤋