Who is the best company for a beginner to open account for stocks, trades.?
Question:
Answer:
There are a lot of good brokererages depending on what you like and how you trade.
Barron's has a good article on brokerages that they publish each year.
For basic stuff, E*Trade, Ameritrade, and Scottrade are sufficient. For more complex trades, I'd recommend Optionsxpress, ThinkorSwim, or interactivebrokers.
Based on what you put in your question, I'd recommend one of the first three, but all are very good.
Brokerages like Fidelity are horrible for anyone with any decent experience.
So, decide what's important to you as a trader and compare the brokers! You can use the article, or go to each website as they all seem to have comparison charts!
If you have any questions, let me know.
Hope that helps!
I like the company called Think or Swim. They have been charging $5.00 for 300 shares, they can be reached by phone;
and take trade over phone and any help any one needs. They
have a very good Internet trading site. their phone #1-866-839-1100 (free call). Internet site: www.thinkorswim.com.They are not
money hungry, seem to me very helpful. I like their market quotes,
real time. I sometime, do trade on line at their Internet site for trade.
I like thinkorswim as well (and using it currently) very helpful BUT they require a 3,500 initial deposit. Scottrade is at $500 but $7 trade commisison just look around and see what suits you
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