Best online brokers

Discussion in 'General Chat' started by demeis, Jul 5, 2005.

  1. demeis

    demeis Senior member

    Messages:
    1,286
    Likes Received:
    2
    Joined:
    Nov 9, 2004
    Location:
    Boston, MA
    I'm going to opening my first online acount so i can begin buying some bonds and stocks and what not. I was wondering who you guys use or suggest to use? I'm looking at using ameritrade right now, but am looking at the following because i don't have a lot of money and am still learning about stocks.

    1) Minimum to open account (I only have $500 now seems like most are $1000 but don't want to wait till the end of the month and not spend any of my paychecks.

    2) Price to trade

    3) ease of use.
     
  2. Pink22m

    Pink22m Senior member

    Messages:
    772
    Likes Received:
    0
    Joined:
    Mar 15, 2003
    Location:
    San Francisco, CA
    I use Charles Schwab, which I find to be quite user friendly.  The prices are on the expensive side however, so you might want to look at using E-trade. Of course the prices that each charge can vary based on how often you trade.
     
  3. j

    j (stands for Jerk) Admin

    Messages:
    14,914
    Likes Received:
    93
    Joined:
    Feb 17, 2002
    Location:
    Seattle, WA
    I've used Scottrade in the past. They had the cheapest commissions at the time (don't know now) and a low minimum. Their system is probably not as advanced as the bigger ones, but it worked fine for me. Plus they are local, so I could just bring in a check to the office and get started right away.
     

Share This Page

Styleforum is proudly sponsored by