What is your favorite low cost stock brokerage?

Question

Currently I have been using E Trade, my trades get executed immediately so I don't have any complaint about the service. The commission is 12.99 per trade so I was wondering if anyone has used a different brokerage that they liked and was cheaper than E Trade. Or if you are also using E Trade what has been your experience with them? Thanks for your time.

Answer 1

No-frills online broker.

Reviews say that "Scottrade" offers excellent value for the money for those who don't need a lot of handholding. Trades are fast, customer service is good and costs are low. The minimum opening investment is $500, and market orders are only $7, with no inactivity or maintenance fees. However, "Scottrade" offers less in the way of research or additional services, so it's best for those who don't need much extra help. Scottrade has opened nearly 300 branch offices, which allow clients to talk to an advisor.

Best online broker for novices.

With "ShareBuilder", reviews say new users can expect plentiful investment strategy primers, ranging from dollar cost averaging to diversification, and the company has no minimum balance requirements. This is one of the few sites that allows customers to set up automatic investments for stock trades, which only cost $4 each. Regular market orders will cost you $15.95, however. Although "ShareBuilder" doesn't get the best scores in any one area, it fills a niche for those who want low-cost automatic investments. Note that "ShareBuilder" is now part of ING Direct.

...Imagine Buying a Tiny $0.0312 Penny Stock that Traded as High $50.00 Six Weeks Later! A $1000 Investment Would Have Been Worth $1,600,000 at its High! For More Information Please Go Here: http://shurl.net/5MB

Answer 2

Etrade.

I have been with others but they are the best.

Easy to use and no server problems.

Answer 3

My favorite; ThinkOrSwim  (best platform, best charts & a ton more).

My 2nd favorite:  Interactive Brokers (least costly, 200 shares is $1.00, 1000 shares is $5.00. 5000 shares is $25.

Both have great price improvement via choice of exchanges or SMART routing........................... (getting executed immediatly does not mean getting the best price)....................

Answer 4

scotttrade