Investors Tool Box: Online Stock Broker Review

 

     Through the years in the financial equity markets online brokers have made it affordable for people to trade in the stock market. For the Investors and Traders we have come up with 8 online brokers to choose from. To begin with not all brokers are the same lets keep that in mind. The price per trade will add up if you trade quite frequently. If you're a day trader the first option is choose a broker that has advanced software for technical analysis for charting, then the second option is find a broker that is reasonable on the cost of trades. Don't sacrifice advanced charting software to save a little money on your trades. The stock chart is a trader's best friend.


5 Things To Consider When Choosing An Online Stock Broker.

 

1. Cost of Trades. Being active in stock trading this will matter. If you’re going to make long term investments I wouldn’t worry too much about it.

2. Trade executions. This matters if you’re a day trader or an investor. Getting the order filled quickly is very important in fast moving stocks due to unexpected news events

3. Costumer Service. Who wants to stay on the phone listening to music for five minutes trying to place a broker assisted order and the stock is going up. Not me.

4. Level 2 quotes. This is an order book with a ranked list of orders being placed through many different market makers showing a Bid x Ask. A Level 2 is nice to have either way you look at.

5. Banking. Do you want a debit card or check writing with your new trading account. This may be important to some that feel wiring money is a hassle.




 
     TD Ameritrade offers $9.99 a trade. The customer service is available 24/7 online or by phone. Now that’s hard to beat. Executions are very good. Nice Charting Software.
Read More...TD Ameritrade
 



   Etrade ranges from $7.99 to $12.99 a trade. For mobile or online trading this one has a lot to offer. In 2009, Etrade was ranked  # 1 online broker by SmartMoney.
 Read More...Etrade


 

   Established in 2006, This broker is on the move.  Just2Trade is only $2.50 a trade. For everyday stock trading that’s tough to beat. In 2009, Just2Trade was rated best for commissions and fees by SmartMoney.
 Read More... Just2Trade

    Noble Trading $7.95 a trade. You can start trading with a minimum of $500 in a cash account. This  broker has several trading platforms for the investor & trader community.
  Read More...NobleTrading




   Scottrade is the home for $7.00 trades online. Open a cash account with $500.00 minimum. With a $25K account value you get access to the ELITE platform. It’s equipped with tools  for the advanced trader. Good customer service. In 2009, This Company was ranked the highest in customer loyalty among online investors by Brand Keys. 
 Read More...Scottrade



 
   SpeedTrader.com you can get trades as low as $2.95 to high of $9.95 depending on how many trades you make a month. They offer the DAS Trader Pro platform. Very competitive pricing with this broker.
 Read More...SpeedTrader


 

   TradeKing With $4.95 a trade that’s very reasonable. SmartMoney ranked Trade King the maximum 5 stars for customer service and quality trading tools in 2009.
 Read More...TradeKing

   Zecco offers $4.50 trades and you get 10 free trades if you have 25 executions within that month. Also if you maintain a $25,000 balance you automatically get 10 free trades per month. Zecco has over 130,000 trading accounts open.
 Read More...Zecco


 Several Brokers To Choose from here. All of them have a lot to offer just depends on your style of trading.

                                                                                                                                                                        


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