How Many Stock Brokerage Firm are Available Today
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 is relatively new but it's making headlines as it provides stock trades at $2.95 per trade. The options pricing is very attractive as well at $9.95 flat fee, making it one of the cheapest brokers out there. There's no bank or anything, but the cost may win you over.
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 is cool because it focuses on options but they have since expanded into the arena of stocks. They do a fine job on the educational front as well.
Scottrade was one of the oldies and I have a tough time spelling this stock broker correctly. Anyway, it offers $7 a trade and is probably good for you if you like the old style trading platforms. Otherwise, stick with the others.
TD Ameritrade used to dominate but it is not very good. The interface is outdated and the pricing is high. I don't think they are gathering many new comers these days and just servicing old ones.
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. - 23162
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 is relatively new but it's making headlines as it provides stock trades at $2.95 per trade. The options pricing is very attractive as well at $9.95 flat fee, making it one of the cheapest brokers out there. There's no bank or anything, but the cost may win you over.
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 is cool because it focuses on options but they have since expanded into the arena of stocks. They do a fine job on the educational front as well.
Scottrade was one of the oldies and I have a tough time spelling this stock broker correctly. Anyway, it offers $7 a trade and is probably good for you if you like the old style trading platforms. Otherwise, stick with the others.
TD Ameritrade used to dominate but it is not very good. The interface is outdated and the pricing is high. I don't think they are gathering many new comers these days and just servicing old ones.
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. - 23162
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posted by X - Men @ 9:18 AM
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