I want to start investing in stocks and bonds online but I can’t seem to find a website that has no minimum opening cost. The lowest I can seem to find are trade king which takes 5000 dollars to open an account. Anybody know websites to get started on with less than 5000 dollars?Thanks in advance
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are there any investing websites that have no minimum deposit fee?
Hey all,
I want to start investing in stocks and bonds online but I can’t seem to find a website that has no minimum opening cost. The lowest I can seem to find are trade king which takes 5000 dollars to open an account. Anybody know websites to get started on with less than 5000 dollars?Thanks in advance
The Old Guy 5:02 am on December 27, 2009
Brokerage firms are in the business to make money and not to do business for nothing.
It is an expensive item for a brokerage firm to open an account and maintain the records for the account.
They can not afford to open account unless they have some assurance that the customer will be doing decent business and hopefully continuing business.
There are some brokerage firms will open accounts with less of a deposit. You can try Scottrade, TDAmeritrade, E-trade and even Fidelity or Charles Schwab.
Nonik C 5:02 am on December 27, 2009
i recomemmend to visit this site below:
Fast Money 5:02 am on December 27, 2009
I know such websites but I will not advertise them here. Contact me through my profile and I’ll give you a good advice.
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