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 trouts itself as the best options broker and it certainly has great options trading tools. Price wise, it's not the cheapest but if you are looking for good education and great trading tools, look no further.
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 The interface is outdated and the pricing is high.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 used to be the most innovative and web savvy company but with all the troubles and all these up and coming discount brokerages, Etrade has a tough road ahead. Still, this firm has a solid offering if you don't mind paying a little bit more per trade. - 23223
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 trouts itself as the best options broker and it certainly has great options trading tools. Price wise, it's not the cheapest but if you are looking for good education and great trading tools, look no further.
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 used to be the most innovative and web savvy company but with all the troubles and all these up and coming discount brokerages, Etrade has a tough road ahead. Still, this firm has a solid offering if you don't mind paying a little bit more per trade. - 23223
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posted by X - Men @ 9:45 AM
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