What is the Best Online Broker?
I am looking to start investing. I have $1000 saved up and I want to get started investing. Which online broker would be best for me?
- kateLv 71 decade agoFavorite Answer
Personally I like Schwab , both online and real offices plus ,
NO broker commissions so NO motive to churn trades just for commission .
- Anonymous6 years ago
Use referral code: AFZJ1217 for 3 free trades ($21 value)
- Anonymous1 decade ago
Personally, I think sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum deposits. It has very good customer services, it also has live help, and you can chat with representatives about any question. After that, only 3 dollar for each trade, pretty sweet when compared with other online brokerages.
Referral code: 453934
- 1 decade ago
Probably not Etrade because they charge $40 account maintenance fee if you don't make any trade in a quarter or your account balance is below $2000. I am using Etrade and TD Ameritrade.
I think you can pick one of the folowing brokers (just go to thier website and see if you like it or not. First sight impression is very important. Also, double check if they have any hidden charge and fee):
TradeKing - http://www.tradeking.com/
Scottrade - www.scottrade.com
TD Ameritrade - http://www.tdameritrade.com/welcome1.html
Here is a good article on telling you
How to choose the right Online Stock Brokers:Source(s): http://surewinstock.blogspot.com/
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- 1 decade ago
Get professional advice. Stock brokers know the market best, and therefore, can give you the best advice.
- Common SenseLv 71 decade ago
If you're new and don't want to make costly mistakes;
If you've been doing this for awhile & don't need too much in support or tools;
If you know what you're doing & need the best charts, Technical Support & platform;
- Al in NCLv 71 decade ago
I prefer Scottrade.