How to Find the Best Online Stock Trading Site

An online brokerage needs to fit an individual's needs. No one online stock trading site will conform to all. You will be better informed, and more capable in picking just the right site, by using the suggestions in this article. Whether trading stock, buying options or bonds there is a site for you. Take your time and you will find the best online stock trading site. Good Luck!

Difficulty: Moderately Easy

Instructions

1. When you visit sites make sure the site has great get acquainted materials. Don't use the site if you can't see just what the site has to offer and how it works.

2. Call the site's 800 number and see how long it takes for you to speak to a person. If you have to hold very long look for another site.

3. Think about what kind of trading you are going to do. Different sites cater to different kinds of securities.

4. Take into account brokers commissions and fees. Do they have free trading tools?

5. How much money is needed to open an account and how can the money be deposited?

6. Is dividend reinvestment an option?

7. Start small and make sure the site is right for you.

8. In addition to online transactions does the company also have offices, such as Scottrade.

9. E-Trade is offering a Blackberry phone for new accounts.
   Ameritrade is offering a $100.00 bonus for new non IRA accounts of $25,000 or more.
   Stock Trades:
   E-Trade: $7.00 - $9.00
   Ameritrade: $9.99
   Scottrade: $7.00

[1kimmi]

on 3/13/2009 I've always wanted to to online stock trading. Great article!