What is the best online broker to start trading stocks with?
Brain asked:
My friends are all investing in a 20 cent stock that they predict will skyrocket in value within the next year. I promised to join the bandwagon, but don’t want to make any mistakes when it comes to choosing an online broker. I understand I will have to call the broker to buy this stock (under $1.00 per share), so good customer service is definitely a plus.
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My friends are all investing in a 20 cent stock that they predict will skyrocket in value within the next year. I promised to join the bandwagon, but don’t want to make any mistakes when it comes to choosing an online broker. I understand I will have to call the broker to buy this stock (under $1.00 per share), so good customer service is definitely a plus.
Thanks!
September 25th, 2009 at 12:55 am
One that has low fees. The customer service angle makes your search a bit narrower. Most online brokers have downgraded service for speed via the net.
Browse the net to make comparisons. I use e*trade
but don’t need to talk to anyone usually. Always do your homework on any stock your going to purchace. You can still lose money on cheap stocks. Make the decision about a purchace on your own. Somebody who is recomending a stock might just “have an axe to grind”, and want people to inflate a stocks value just to line their own pockets. sufimystic