What's a cheap online stock trading option?
I want an online stock trading company that trades stocks at low rates, percentage commission prefered.
Comments
Depends on where you are from. I use BARX
http://www.sharebuilder.com
real time trades $9.95 per trade.
As long as you’re not a new investor;
Interactive Brokers
ThinkOrSwim
Terranova Trading
Lightspeed
If you’re a new trader (less than 2 years experiance);
Charles Schwab
Fidelity
I use TradeKing for trading options and stocks $2 and more.
They charge 4.95 per trade (options have a .65 extra fee per contract).
For stocks under $2 I like Scottrade because they charge $7, and except for the real cheap stocks, they don’t charge an extra per share charge that TradeKing and the other brokerages do.
I use tradeking.com because I like to dabble in options and I like the platform. Zecco.com offers 10 free trades a month, with cheap trades thereafter.
June 28th, 2010 at 12:37 am
Tradeking has pretty good rates, and a flexible trading platform. You get what you pay for with on line brokerage companies, that is to say if you pay a little more you will get more features for research.