Different Stock Brokerage Houses in The Industry
Spending years on the trading floor gave me an advantage to know how are the real players out there. With so many stock brokers, it's hard for the average person to figure out which is the best but you are in luck because I'm here.
Zecco still advertises stock trading at no cost, but the package it offers is a far cry from the unlimited free trades that it used to promote. Nonetheless, 10 free trades per month (for those that qualify) is still quite good.
OptionsHouse's pricing is only $2.95 per trade. Yup. Less than three dollars. I know. It's cheap, and their competitors know this. It will be interesting to see how everyone else response once the word is out.
TradeKing used to be the leader with $4.95 stock trades but other people have surpassed them to be the pricing leader. However, this broker has ultra responsive support which might be the determining factor for many.
OptionsXpress trouts itself as the best options broker and it certainly has great options trading tools. Price wise, it's not the cheapest but if you are looking for good education and great trading tools, look no further.
Scottrade has many loyal followings but it's not doing enough to attract new customers, or at least the younger crowd. $7 is cheap if you are talking about ten years ago but it's not cheap anymore.
TD Ameritrade has good person support because you can walk into a branch and talk to someone. However, its website is lacking and looks like something from the 80s. I wouldn't touch it with a ten foot pole but you may like it.
Etrade offers one of the best overall stock broker experience out there today. With its amazing array of features as well as a banking division, there are lots of flexibility with this firm. - 23212
Zecco still advertises stock trading at no cost, but the package it offers is a far cry from the unlimited free trades that it used to promote. Nonetheless, 10 free trades per month (for those that qualify) is still quite good.
OptionsHouse's pricing is only $2.95 per trade. Yup. Less than three dollars. I know. It's cheap, and their competitors know this. It will be interesting to see how everyone else response once the word is out.
TradeKing used to be the leader with $4.95 stock trades but other people have surpassed them to be the pricing leader. However, this broker has ultra responsive support which might be the determining factor for many.
OptionsXpress trouts itself as the best options broker and it certainly has great options trading tools. Price wise, it's not the cheapest but if you are looking for good education and great trading tools, look no further.
Scottrade has many loyal followings but it's not doing enough to attract new customers, or at least the younger crowd. $7 is cheap if you are talking about ten years ago but it's not cheap anymore.
TD Ameritrade has good person support because you can walk into a branch and talk to someone. However, its website is lacking and looks like something from the 80s. I wouldn't touch it with a ten foot pole but you may like it.
Etrade offers one of the best overall stock broker experience out there today. With its amazing array of features as well as a banking division, there are lots of flexibility with this firm. - 23212
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If we can educate ourselves in investing terms, we would be able to learn more. investing basics is where I write and help you with that.
posted by X - Men @ 9:27 AM
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