Different Stock Brokerage Firm in The Industry
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 is ultra cheap but it's one of the worst stock brokers out there. At the beginning, they were advertising free stock trades. Then, they changed it to 10 trades per month only. Afterward, they switched it to 10 trades per month only if you have $25,000 in your account. What gives?
OptionsHouse was a no-name until it made headlines with $2.95 per trade. Before that, they were offering $4.95 a trade without anyone ever signing up. Now that they've lowered the price, people are signing up in droves. Will it last?
TradeKing, while not the lowest price broker anymore, is still very good. It keeps winning awards like the Smart Money best discount broker award and others, all while maintaining their good pricing and awesome customer service.
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 is not really promoting its business like it should but it does offer a solid platform for traders. At $7 a trade, it is middle of the pack in terms of price and middle of the pack in terms of features.
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 The interface is outdated and the pricing is high.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. - 23218
Zecco is ultra cheap but it's one of the worst stock brokers out there. At the beginning, they were advertising free stock trades. Then, they changed it to 10 trades per month only. Afterward, they switched it to 10 trades per month only if you have $25,000 in your account. What gives?
OptionsHouse was a no-name until it made headlines with $2.95 per trade. Before that, they were offering $4.95 a trade without anyone ever signing up. Now that they've lowered the price, people are signing up in droves. Will it last?
TradeKing, while not the lowest price broker anymore, is still very good. It keeps winning awards like the Smart Money best discount broker award and others, all while maintaining their good pricing and awesome customer service.
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 is not really promoting its business like it should but it does offer a solid platform for traders. At $7 a trade, it is middle of the pack in terms of price and middle of the pack in terms of features.
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. - 23218
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posted by X - Men @ 6:09 AM
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