Question:

What online stock broker is the best and cheapest?

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What online brokerage( e-trade, scottrade, etc...) is the best?

Also, who is the cheapest?

I have heard bad things about e-trade. But I would like to hear what experienced users have to say.

I mainly short stocks. as of recently anyway. Good returns. It is on a virtual trader though. But I treat it as realistically as I can.

I am 17 now but will be 18 in a few months (December) and want to start trading then.

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3 ANSWERS


  1. I found the cheapest stock broker in the world.

    online stock broker http://www.sogotrade.com offers cheap stock trading at $1.50 - $3.00.

    Some great features mentioned on their site:

    1. $1.50 - $3.00 Online Equity Trades

    2. Fast Order Execution

    3. Excellent Customer Service

    4. Scheduled Investments and Fractional Shares

    5. 3 Great Trading Platforms: SogoTrade, SogoElite, Laser

    6. Enhanced Online Security and SIPC Protection

    7. Powerful Trading Technology

    8. No Account Inactivity or Account Maintenance Fees

    9. Free Dividend Reinvestments Service

    10. Complementary Stock News and Stock Charts


  2. I like http://www.Scottrade.com

  3. Zecco (stock trades are free i think) and Tradeking (which is $5 a stock trade) are pretty much the cheapest around. I haven't used Zecco but I use Tradeking. You will need a lot of money and experience if you want to write options. You might want to join Etrade or Ameritrade to get access to their research tools.

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