Whats The Best Online Trading Company?

Answer 1

If you're asking about bokerages, there are a lot of good brokerages depending on what you like and how you trade.

Barron's has a great article on brokerages that they publish each year. Kiplinger does one too.

Here’s the link to the 2006 Barron’s article.
http://webreprints.djreprints.com/1550280182488.html

Here’s the link to Barron’s 2007 – Best online Brokers 3/5/07
http://online.barrons.com/public/article/SB117288684364425609-wsYkdd74F9ukYSQgQJifDpHYwsY_20070402.html?mod=mktw

Here’s the link to the Kiplinger’s July 2006 article which isn’t bad either.
http://www.kiplinger.com/magazine/archives/2006/07/brokers.html

The had a couple other articles as well.
http://www.kiplinger.com/columns/ask/archive/2000/q0309.htm
http://www.kiplinger.com/magazine/archives/2007/09/onlinebrokers.html

For basic stuff, E*Trade, Ameritrade, and Scottrade are sufficient. For more complex trades, I'd recommend Optionsxpress, ThinkorSwim, or interactivebrokers.

Based on what you put in your question, I'd recommend one of the first three, but all are very good. Cheapest probably is scottrade (of the larger online firms). Yes there are cheaper like interactivebrokers, but you'll have to get used to their software based platform (which is doable). They're only about $1/contract on options!

Brokerages like Fidelity are horrible for anyone with any decent experience.

So, decide what's important to you as a trader and compare the brokers! You can use the article, or go to each website as they all seem to have comparison charts!

And if there are particular things that you want to mention as being most important to you (such as executions, cust svc, cheapest trade, flexibility on allowing you to do certain types of trades, stop and stop limit orders, contingent orders, great graphing, what if scenarios, training, etc), I'll be glad to help discuss this with you too!

If you have any questions, let me know.

Hope that helps!

P.S. I just found a link to a review of reviews as well! Here it is:
http://www.consumersearch.com/www/internet/online-brokers/reviews.html

Answer 2

Scottrade. All market orders and limit orders cost $7.

TDAmeritrade, also have also had good experiences with ETrade and Muriel Siebert.

Schwab might be the one for you tho. http://www.schwab.com/

Answer 3

USE SCOTTRADE AT A WHOPPING $7.00 PER TRADE REGARDLESS OF SIZE. CANNOT GO WRONG.

Answer 4

reliancemoney.com