I am creating my first account strictly for trading in the stock market. As a current economics/finance major I will have some idea what I am doing, but I am still new. I will be investing somewhere around ,500 to start up the account. I am looking for the MOST TRUSTWORTHY and BEST OVERALL PRICE of trading stocks and options. Resources to help with investment decisions are also a plus but are not necessary due to outside help. Please let me know what you think.
Home | Investing | Blog article: I am new to the investing game, what online trading site should I use?
A nobody 1:01 pm on July 29, 2010 Permalink
All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.
Customer need to select the site that is best for them. Traders have requirements in a site, while investors have other requirements.
Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade. For example I use Fidelity for investing. Scottrade for equities trading and ThinkorSwim for option trading
It seems that the most popular firms for on-line investing/trading all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim. In your situation, you may be best served if you select Scottrade, Ameritrade or Fidleity
Sample 1:01 pm on July 29, 2010 Permalink
I use TDAmeritrade. http://www.tdameritrade.com/welcome1.html
They offer a lot of options. I used Share builder, but swapped to Ameritrade.
Rick Neely 1:01 pm on July 29, 2010 Permalink
I like E*TRADE
Ralph C 1:01 pm on July 29, 2010 Permalink
I like http://www.scottrade.com
$7 commissions, also they have many local branches so if you need personal service you can get it. I worked with them for years and have never had a single thing to complain about.
betotron 1:01 pm on July 29, 2010 Permalink
SCOTTRADE.COM
Matt S 1:01 pm on July 29, 2010 Permalink
I use E*TRADE PRO. Free Level 2 quotes and real time charts.
E*TRADE if your an active trader. Zecco for penny stocks…and Scottrade for beginers!
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