Which online stock trading service is the BEST and which is the most beginner friendly?
I have no stock trading experience and I have a very limited budget to invest.
2007-08-05 14:21:57 · 10 answers · asked by gvargas227 1 in Business & Finance ➔ Investing
TD AMERITRADE
or
Fidelity
2007-08-05 14:24:59 · answer #1 · answered by Sam h 6 · 0⤊ 0⤋
I use Firstrade. It's similar to Scottrade, but slightly cheaper. Since you are only 17, I think you should take your time to experiment before throwing a lot of money in. That being said, I guess the best part about Firstrade for you is that they have no minimum deposit. Therrefore, you can start with as little as you want.
2016-05-19 16:31:52 · answer #2 · answered by velvet 3 · 0⤊ 0⤋
"............which is the most beginner friendly?"
Charles Schwab
Fidelity Brokerage
Don't gamble. Be an investor.
Save yourself tons of money by;
Reading as much as you can in 6 - 18 months - before buying stock.
Don't do "Penny Stocks" for at least 5 years after you have a lot of "trading" experience.
Have an "asset allocation".
Don't invest in anything unless you understand it.
Don't take "tips".
Don't invest in anything if you're buying on a hunch.
Always have an exit strategy.
2007-08-05 14:33:16 · answer #3 · answered by Common Sense 7 · 2⤊ 0⤋
put your money in Etrade. Do not buy stocks on your own stick to index funds. If you look under mutual funds you will see the index funds. They have very low expenses and just keep adding to them as you can (one a month every month is good). You will do fine over the long term. I am 30 and have been doing this since I was 20.
2007-08-05 14:30:54 · answer #4 · answered by Gary J 2 · 0⤊ 0⤋
Self Directed Ira Etrade
2017-01-15 05:12:16 · answer #5 · answered by ? 4 · 0⤊ 0⤋
This is just my opinion. ETrade was a nightmare. Ameritrade was slow and expensive. I love using Thinkorswim. I had to take money out of my self directed IRA to open an IRA there but it will be worh it. Also-Investools students get a discount. And Training.
Janice
2007-08-07 03:13:14 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I have used all of those. They are all pretty beginner friendly. They will all help you any way they can. However, I think Fidelity's fees "may" be higher than those others (although I haven't used them in a couple of years). Just ask about their fees. Their site should tell you all of that. It's ALL out there!
2007-08-05 19:52:01 · answer #7 · answered by ol_skater_boy 2 · 0⤊ 0⤋
I had good experience with fidelity. If you have more the 2500 you should check out www.demofreedomrocks.com and watch the video presentation.
2007-08-05 18:00:24 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Charles Schwab will be able to help you best. It has over 320 branches that you can walk into and talk to a representative. Some of the others mentioned do not have branch offices.
2007-08-05 21:02:25 · answer #9 · answered by BangkokBob 4 · 1⤊ 1⤋
Which has the lowest fees and restrictions?
2014-09-26 09:11:16 · answer #10 · answered by Carol 1 · 0⤊ 0⤋