How do I find an online investment account that suits my needs?
Question:
Answer:
$200 is not enough to byuy shares with.
Buy a CD(certificate of Deposit) with it.
When you have tiny amounts of money, commissions and acct charges will decimate your little nest egg.
buy silver
Have you considered Scottrade? Scottrade is a discount broker geared towards the experienced, self driven investor.
You can open an account with as little as a $500 deposit. They have a flat rate ($7) for most online market and limit equity orders, regardless of your trade frequency, account balance, or the number of shares in a transaction. Scottrade does not charge for inactive accounts or for account maintenance, and there are no minimum number of transactions (trades) required.
You can compare the commissions/fees of several brokerage firms at: http://www.scottrade.com/online_broker_c... .
I hope you find this information useful. Please let me know if you have any additional questions. I'd be happy to help.
Scottrade
www.Scottrade.com
1-800-619-7283
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