I’d like to in online but I need to know where I should go. I don’t know much about investing (or how to educate myself) and I can only come up w/ -0 to start me off. HELP!

 

  • bb4479 11:01 am on February 9, 2010

    Hi, I asked that same question a few years ago, and I think the answer you’re looking for is Firstrade.com.

    Honestly, they require no minimum at all. But I know if you wish to wire your first funding, you’ll need a minimum of $100. The commissions are a bit less that $7 per trade (others may do better than that).

    Feel free to compare Firstrade with the f.f.:

    ETrade

    Zecco

    Ameritrade

    Scottrade

    etc, etc.

    Pls beware of online scams and any funny affiliate links. Good luck partner

  • Leo F 11:01 am on February 9, 2010

    I think etrade will let you open an account with $100.

  • thersfund 11:01 am on February 9, 2010

    Most brokerages and mutual fund companies will require at least 500.00 to start. I would put your 150.00 into a high yielding online savings account and save until you have at least 500. Keep in mind if commission will wipe you out with that little in capital.

    If you are charged 10.00/trade and you only have 50.00 it will cost you 20% just to buy the stock. Plus another 20% to sell. That means your stock has to go up at least 40% just for you to break even.

    If you still want to get into the market, I think Sharebuilder.com has no minimum and $4.00 trades.

    -theRSfund
    http://www.thersfund.com

  • stock_sniffer 11:01 am on February 9, 2010

    http://www.zecco.com has zero commission on stock trades also.

  • Paul F 11:01 am on February 9, 2010

    Before you start investing, you need to learn about the market and investing. Go to your local library and check out a few books on investing fundamentals.
    You can also buy (no joke) ‘Investing for Dummies’

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