How to Know Where to Buy Stocks Online

Buying stocks online is a great way to buy stocks. Once you know which stocks you want, you have to choose an online broker. Here are some things you might want to consider before buying stocks online.

Difficulty: Moderately Easy

Instructions

1. 
   Commission Fees

   The first thing you need to consider when buying stocks online are commission fees. All online brokers charge a fee when you buy or sell a stock online. E Trade charges $19.99 per trade, Scottrade charges $7.00 per trade, and TD Ameritrade charges $9.99 per trade (these prices may change).

2. 
   Customer Service

   You might also want to consider if the online stock broker has any local offices in your city in case you want to talk to them face to face. Make sure they have support and customer service to help you with your questions.

3. 
   Reviews

   Consider the online stock broker's reputation. Are they popular and have a good reputation online. Check reviews of the company. You can do this by typing the name of the company in the search bar and then the word reviews.

4. 
   Deposit

   Consider what the minimum initial deposit is. The average initial deposit can be $500.00 to $10,000.00 dollars. See if they charge a maintenance fee. Read the fine print.

5. 
   Tools

   See what kind of investing tools they offer. These tools will help you with your investments.

Tips & Warnings

• Make sure you research the company before you buy online stocks. Make sure the online stock broker has support if you need help.
• Read the fine print.

Resources

• How to Find A Discount Stock Brokerage

[godgouchi]

on 9/19/2009 Where do you put your money? Any help would be greatly appreciated!

[djackman]

on 4/1/2009 great investing article thanks 5*

[tundranut]

on 3/23/2009 Very nice article. Thanks. 5*

[moonlitcrystal]

on 3/18/2009 Great tips.

[sonni57]

on 3/18/2009 Good suggestions on how to find stocks online and well done article.