Customer need to select the site that is best for them. Traders have requirements in a site, while investors have other requirements.
Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade.
It seems that the most popular firms for on-line investing all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim.
Please remember, the cheapest is not always the best.
Cheap is not a good criteria for selecting a brokerage firm, you should be looking at the firm's trading platform, their services and the type of business they are doing. If you want cheap, go to Sharebuilder but if you want good you go elsewhere.
It seems that the most popular firms for on-line investing all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim. For buisiness reason I use Fidelity for investment trades but for trading I use Scottrade & Ameritrade, and for options
I use Thinkorswim. But you must decide what's best for you not what's best for someone else.
You could use either eTrade or Trade king. Since you'll be doing only one transaction the cost of buying the shares will be one payment of $10 - $30. (The same at the time of selling)
Most are around $7 to $9 for trading. Merrill Edge is $6.95, Scottrade is $7, etc.
I recommend TD Ameritrade. They have over 100 commission free ETFs. You just have to sign up for it. You can't beat it.
Scottrade charges $7.00 per trade, be it buy or sell.
You can research eTrade. I can't remember if their minimum balance amount.
trademonster is great , only $5.00 to buy or sale
im 22 years old and want to put some money into the stockmarket. im looking to invest 500-1000 dollars in a single stock symbol (probably blue chip or index, etf) and may not purchase another for a year or so. im looking for an online broker with the least amount of fees regarding my investment plan for the next year or so. do you guys have any recommendations?
