What is the best online trade broker to use?
waltb87 asked:
I am a college student and i dont want to invest to much money but i really want to get into the stock market game. I heard that a few online brokers had minimum investment accounts of about 500 or so, and i dont want to do that much, what is a flexible reasonable e broker?
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I am a college student and i dont want to invest to much money but i really want to get into the stock market game. I heard that a few online brokers had minimum investment accounts of about 500 or so, and i dont want to do that much, what is a flexible reasonable e broker?
September 29th, 2009 at 3:14 pm
I really like E-Trade and TD Ameritrade. They have the best trading platforms for the novice investor. Taylor F
September 29th, 2009 at 5:13 pm
I just opened a basic account with ETrade with a balance of $200. Give them a call and they can explain the basic account differences to you. Just be aware that with low account balances, the trade commissions are rather high (I’m paying $9.99 per trade right now). Good luck! mewhozeh
September 30th, 2009 at 5:35 am
I would begin paper trading (or virtual trading) which is obviously no charge - - STS has a link for it, as does optionsxpress.com. This gets your feet wet without risk. daring1
October 2nd, 2009 at 11:34 am
Personally, I think sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum deposits. It has very good customer services, it also has live help, and you can chat with representatives about any question. After that, only 3 dollar for each trade, pretty sweet when compared with other online brokerages.
referal code: 453934 Pop L