Hey all, does anyone have a good online broker they have experience (firsthand) with? I just got hit by the fees for my first trade, and while not unexpected, it still stung.
Just looking for some insight, and experience.
I think it really depends on what all you want out of your broker's platform, and how active you are - for the most part fees & comissions are pretty close.
for bare bones, inexpensive, and good customer service, check out - www.scotttrade.com
bells & whistles, variety of products & services offered, I like - www.etrade.com (full disclosure, I used to work there) despite what there stock price may say, I doubt they're going anywhere...
safe & secure - www.schwab.com
Agree ith Jaman..fees/comissos are usually similar across the board.
For what little online trading I do, TD Ameritrade has always worked well for me. Otherwise, my local Schwab broker is the goto guy for me.
I wont be super active, I have one stock in particular I've been watching and am playing a trend on... I doubt it will last too much longer, unless the market stays as volatile as its been.
I just need one I can fund quickly and easily.
The broker I'm going through now cost a minimum of $50 per trade, or 2.5%
Plus, his advice .... well lets just say he just got his licenses. [roll]
Quote from: Court-Jester on December 10, 2008, 01:15:29 PM
I wont be super active, I have one stock in particular I've been watching and am playing a trend on... I doubt it will last too much longer, unless the market stays as volatile as its been.
I just need one I can fund quickly and easily.
The broker I'm going through now cost a minimum of $50 per trade, or 2.5%
Plus, his advice .... well lets just say he just got his licenses. [roll]
My buddy uses schwab. Very quick to set up and something like $12.50 a trade. Might be worth your while.
I use scottrade. I do the buy and hold for a long time method with a little extra cash that is laying around. Scottrade has very low fees for just buying and holding for long periods of time. Plus, I think it's only like $7 a trade.
Use a wirehouse, and use their research department.
You get what you pay for.
I am biased
I used to have ScotTrade -- nice, however the little fees for funding transfers etc. got tiring in a hurry.
Switched to TDAmeritrade and haven't looked back [thumbsup]
Adam
etrade
so far so good