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What is the best site to invest in the stock market with?
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smallinvestorpower 1:03 pm on March 9, 2010
I tried them all from E*Trade to Fidelity to Bank of America to Citibank to Tera Nova? and others that I forgot.
TDAmeritrade is the best of all from service, order processing and fees.
I will never switch or try other companies again unless they offer the same services at a much lower price than TDA.
They always offer new clients free trade and cash if you deposit over a certain amount. You can even ask for a lower commission after a few month. I am getting $7 per trade now.
Put my account number down as your referral, they will give me a few free trades. 784671304, thanks.
WIth other companies, they always have at least one problem.
Fidelity and E*Trade are okay
Bank of America offers 30 free trade per month but you have to put $25,000 in their regular bank. They don’t have any good tools to research. It’s very slow and plain. Good for those that trade only a few times a month. You can earn a higher rate at HSBC online savings for the $25,000. My calculation tells me that you will lose about $750 per year on interest. I can go on and on. Here are my favorite financial companies: HSBC (online savings), American Express (extended warranty and cash back) and TDAmeritrade (best online brokerage).
Don’t leave cash with TDA, they don’t give a high interest rate.
franksprung 1:03 pm on March 9, 2010
Trade King is only $5 and you get the limit orders, Stop Limit, stop, and trailing stops, at no extra cost and there is no fees, You also get real time for free with a few trades a month. Email me at franksprung@yahoo.com and I will send you right to them. They are the only one I will use i’ve heard of sharebuilder they charge 4 to buy a stock but they charge 10 to sell it.