Question : Which is the best broker for online stock trading for starters?
I want to invest in stocks, trading and option trading, but i'm now starting out and have no, or little experience. I would like to know which broker I should join to do online transactions. Thank you.
- asked by sarvendraharkishun
All Answers:
Answer #1
I like Scottrade. $7 market orders, fastexecutions, good customer service when I need it,which hasnt been often. Their website provides alot of good research information.
- answered by jeff410
Answer #2
Can't say for sure. But I use Schwab. E-trade hassome questionable practices such as charging youmaintenance fees on an account which containsworthless stocks. They won't close your accountunless you have sold all your stocks. Some stocksare worthless, i.e. no one will buy them. E-Tradewill not close your account unless you sell thesestocks that no one will buy. That way they cankeep charging you maintenance fees. They will noteven accept the stocks as a donation so you couldclose the account.I suggest you visit the broker'sweb site and find out what they offer in the wayof free (or paid ) research and what usefulfeatures they have in their brokerage that wouldquickly make you a savvy investor.Sometimes whenyou go on the cheap what you get turns out to beexpensive so don't pick the cheapest broker,especially if you don't really know what you'redoing.
- answered by Akasanoma
Answer #3
I use Scottrade. But, for a new trader I wouldsuggest Schwab. They're better suited to assitwith questions you may have.
- answered by Common Sense
Answer #4
Definitely Scottrade or Ameritrade.
- answered by alnjk
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measure and fulfill your financial needs
