General Question

grntwlkr's avatar

What is the best online stock trading website?

Asked by grntwlkr (179points) June 3rd, 2010

I want to start playing with stocks, and I want to use an online stock site like etrade. I am a beginner at stocks in general.

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8 Answers

perspicacious's avatar

I like lowtrades.com. Trades are only $5. There is no minimum other than there must be one trade every six months.

arpinum's avatar

paper and pencil for 6 months. Write your starting capital, then each trade you make. No eraser allowed. Remember to count commissions.

boxing's avatar

No one can really claim to be the best – it depends on what your priorities are, price? research tools? features? trading tools? ... etc. I know a couple good ones: Scotttrade and TD Ameritrade, but quite a few others are good too. Start with one and soon you will learn enough to make your own judgement. Also check this out: http://www.consumersearch.com/online-brokers

ItsAHabit's avatar

Charles Schwab has been good for me although lowtrades.com seems good. The best approach is to obtain information from each and see which one would meet your needs best.

YARNLADY's avatar

We use E*Trade, and my husband has learned most of his trading knowledge from a combination of their training section and TheMotleyFool.com (click on How to Invest).

He always does a lot of research on a company before he invests in it, looking at past performance and any other relevant information, such as future prospects.

GrumpyGram's avatar

Etrade is so user friendly but I worry it’ll close down because of the stock’s 10–1 reverse split. I also use Scottrade but it’s not nearly as nice.

RomanExpert's avatar

I trade with TD AMERITRADE…“Good!”

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