Wednesday, April 5th, 2017

What is the best online stock trading site for a newbie investor?

A little about me?: 23 Through years of edadPlan to give $ 10.000 to play conprobablemente be? d trade all? as (function? n the market, of course) I guess I need a site with low maintenance fee and costs of contribu comercio.Cualquier? n is apreciada.Gracias!

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5 Responses to “What is the best online stock trading site for a newbie investor?”
  1. ibu guru says:

    Two with good reputations for new & small investors are TD Ameritrade and Scottrade. They have online tutorials, fairly user friendly websites, fairly economical. Some sites may be cheaper, but are designed for more experienced traders with larger accounts. Don’t consider sites with minimum accounts of, say, $5000 or more, because it is probably geared to the more experienced trader. Do look for tutorials and “practice” accounts.

  2. daigle451 says:

    i use scotttrade….. keep in mind the trade plus 3 day rule (for settled funds) .. i would also recommend maybe picking 2 stocks at 5,000 or one play at time with all your funds for more buying power and quicker gains (or losses)

  3. Kathleen says:

    I would go with sharebuilder.com. There isn’t a maintenance fee nor minimum amount. If you get the basic plan you pay about $10 per online trade and you have to pay $4 per automatic investment. However, I think you should get the Advantage Plan. Here you pay $12 a month, but you pay about $8 per online trade and you get up to 12 automatic investments at no cost. ($1 for each additional automatic investment you add.) If you’re also looking at mutual funds, you can pay about $20 for commission, but there might not even be a commission. It depends on which mutual funds you buy.

    If you don’t think sharebuilder is the one for you, then you should go to this site. It might help. http://online-stock-trading-review.toptenreviews.com/

  4. Larry says:

    Check out mystockfund.com

  5. A nobody says:

    All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.

    Customer need to select the site that is best for them. Traders have requirements in a site, while investors have other requirements.

    Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade. For example I use Fidelity for investing. Scottrade for equities trading and ThinkorSwim for option trading

    It seems that the most popular firms for on-line investing/trading all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim. In your situation, you may be best served if you select Scottrade or Ameritrade

    Becareful, some one thought Sharebuilders would serve your purpose, Sharebuilders is NOT for those that want to trade, the firm can not properly handle “trading” orders or trading accounts

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