I Am New To Trading Stocks Which Online Brokerage Firm Would Be The Cheapest And Best To Start With?
Thursday, June 25th, 2009 at
12:01 am
I only want to start out with 200-500 what do you reccommend
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Depends on which market you want to trade If it’s the US, Zecco only charge US$4.50 per trade for upto 25 trades per month. If it’s the UK – for such a small amount you might want to consider using a spreadbetting account instead of actually trading the shares, TD Waterhouse will charge you about £10 per trade for example if you actually buy the shares, IG Index only charge from 0.1% commission as a spread bet.
Do your research and paper trade to start with using a dummy account whatever you decide to do
Like the person above me said Zecco…also there is one called Sogotrade. But I didn’t open my account with either of these because they don’t seem well-known and established. Also, I heard that it takes awhile for Sogotrade to give you the money back when you request it. Also, there is only customer service on the phone, and they only have one office which is in NYC.
I opened my account with Scottrade. My friends and families use Scottrade as well.
Scottrade.
NO account maintenance, service, or inactivity fees.
$7.00 online trading commission for stock over $1.00 a share.
Tutorial and webcast available to customers.
Excellent trading platforms (very user friendly).
Excellent customer service (398 Branch offices nationwide).
$500.00 minimum to open an account.
If you do end up opening it with Scottrade, use this referral code: EJVR8926
You and I can get 3 FREE trades.
Specialists in making the most of your savings.
How much does your bank pay you on your money? 4 or 5% a year?
Wouldn’t you rather make that much per month or even per week? 2 – 15% per month
or more is possible?Yes, it is. Using our Forex managed funds this is easily possible.
FX Funds Group is your only choice.
search for domain myfxfunds in google search engine for more information.
I’m also new to investing and havn’t signed up to any online brokers but have heard that Scottrade is the best. Check out there site it’s the one i’m going to use.
iii.co.uk or selftrade.co.uk