Stock Market - Where to trade?

Question

I'm new to the stock market and have a lot of free time comingup. What is the best site where I can trade online for low fees? Also, where can you get real time graphs for the stocks that you own that are updated every few seconds?

Thanks!

Answer 1

Hi, if u r in india, u can check bseindia.com or nseindia.com. or some other sites also there like rediffmoney , moneycontrol etc. First prepare a watch list and observe the daily progress on those stocks. Mean while open dmant account in sharekhan or icicidirect or relaincemoney. I feel reliancemoney demat is cheaper. cheap inthe sense less brokerage charges, but services are not so good.

all the best.

Answer 2

Where are you? What markets are you looking to trade in?

I'm in the UK and use www.share.com been with them a couple of years. Great value and excellent customer service. Most of the free online sites only take their price feed every 15mins, even the London Stock Exchange's website. To get an up-to-the-minute price either phone a broker, or pay a hefty online fee.

Best of luck!

Answer 3

All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.

Customer need to select the site that is best for them.  Traders have requirements in a site, while investors have other requirements.  

Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade.

It seems that the most popular firms for on-line investing all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim

Remember, the cheapest is not always the best.

Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.

Start your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs.

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.  (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )

While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why.  This site has some basic information for beginners.

Other website that can provide instructions and help with procedures and terminology are

Investopedia - http://www.investopedia.com/  Stock Charts - http://stockcharts.com/

http://www.investorshub.com/  http://www.1source4stocks.com/



Visit some of the more professional websites like Zacks - http://www.zacks.com/

Smart Money - http://www.smartmoney.com/  Schaeffer’s – http://www.schaeffersresearch.com/

Some of these web sites will have advertisers who are worth looking into also.  And remember, if they offer free information, get it.