Best Online Broker?

[electronicmaji]

I was thinking of investing some money in stocks I want something that not only lets me buy stock but goods and international dividends and currencies...

 

[imported_Tango]

Originally posted by: electronicmaji
I was thinking of investing some money in stocks I want something that not only lets me buy stock but goods and international dividends and currencies...

Define Best.

What is good for somebody is bad for someone else, mainly because the fee structure can be very different.

 

[fisheerman]

Zecco = Free Trades

Been with them for about 6 months know and it is nice not paying $ for trades😀

Zecco

 

[krunchykrome]

I've been nothing but happy with Ameritrade.

 

[Capt Caveman]

etrade here.

 

[Finns14]

As a soon to be first time investor any one else have advice

 

[Parasitic]

I'm with Scottrade.

 

[ManSnake]

Scottrade
etrade
TD Ameritrade

These are online discount brokers that will charge you $10 or less for a trade. So for beginners without much capital, they are ideal starting places.

 

[Finns14]

Originally posted by: ManSnake
Scottrade
etrade
TD Ameritrade

These are online discount brokers that will charge you $10 or less for a trade. So for beginners without much capital, they are ideal starting places.

Besides for fees what are some other things that I should be looking at.

 

[Dacalo]

I have Scottrade, eTrade, TD Ameritrade, and MB Trading.com accounts. Out of all, I think eTrade has the best interface, closely followed by TDA. MB Trading is my favorite though, $1 trading and their tools are pretty good.

For my Roth IRA, I am thinking of opening one at Fidelity.

 

[DaveSimmons]

Originally posted by: Finns14
As a soon to be first time investor any one else have advice

To invest for the long term (5+ years), buy and hold stock index mutual funds and ETFs (exchange traded funds). The S&P 500 index is a good holding for everyone, then eventually add some foreign index funds (Europe, Asia, Emerging Markets -- or just Vanguard.com's VGTSX total market mutual fund)

If you're only going to invest in index mutual funds it might make sense to open an account directly with Vanguard.com instead of a discount brokerage.

 

[jakedeez]

Originally posted by: electronicmaji
I was thinking of investing some money in stocks I want something that not only lets me buy stock but goods and international dividends and currencies...

Well the cheapest and fastest is interactive brokers... but I would suggest td or schwab for a newbie (no offence, but IB designed for pro traders).

If you just want to start saving money I would suggest mutual funds, or buying the DIA, SPY, and QQQQ ETFs (major market index funds) Buying goods (I think you mean commodities), international dividends (by which I think you mean foreign bonds), and trading FX is rather more complex and really you should start slow and read ALOT before you start playing in leveraged markets.

 

[Finns14]

Originally posted by: DaveSimmons

Originally posted by: Finns14
As a soon to be first time investor any one else have advice

To invest for the long term (5+ years), buy and hold stock index mutual funds and ETFs (exchange traded funds). The S&P 500 index is a good holding for everyone, then eventually add some foreign index funds (Europe, Asia, Emerging Markets -- or just Vanguard.com's VGTSX total market mutual fund)

If you're only going to invest in index mutual funds it might make sense to open an account directly with Vanguard.com instead of a discount brokerage.

While I like where you heart is at I think that at this point in my life (early 20's) I am able to be a little risky with some small portion of my money and hope I do well on speculative stocks.