• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Best Online Stock Broker?

T

Triforceofcourage

Platinum Member
I'm looking to start buying stocks online and am looking for the best online broker. People have recommended Etrade to me but their fees seem kind of high. Are they the best or are there better alternatives available?

Triforce
 
Want to buy Mutuals as well? Consider Firsttrade. Want to just trade lots of stocks, MB Trading or Interactive Brokers. Scottrade is a mix of all.

I have accounts with FT, IB, and Scott. FT is for mutuals, IB is for short term trading, Scott for long term. I've had problems with execution of orders with scott, so that's why I opened an IB account
 
If you'd like more opinions, Advanced Search "broker"

If you want to invest for retirement, vanguard.com and VFINX is a good choice.
 
any1 uses tradeking? if so how is it, I'm thinking about goin with that or Interactivebrokers to play around with a grand or 2...
 
Originally posted by: audiotherapy
any1 uses tradeking? if so how is it, I'm thinking about goin with that or Interactivebrokers to play around with a grand or 2...
Click to expand...


Don't use interactive brokers if you only have a grand or two. They charge $10/month. You'd need to do at least 2 trades a month. MBtrading doesn't have the fee.
 
Scotttrade is a positively horrible broker for traders. I'll go far to say it is one of the worst. Why? Their order fills are some of the worst in the industry, and if you're a trader this often means the difference between a profitable trade and one that sets you back a few points.

If you're not a trader then I suppose Scotttrader is fine. Ameritrade is also fine. It all depends on how much you trade.

I have used or currently use TradeStation and Interactive Brokers. If you're an active trader the commissions from even Scotttrader are simply too much. IB has some of the best order fills in the business and they have a solid API you can use to develop your own systems.
 
Originally posted by: audiotherapy
any1 uses tradeking? if so how is it, I'm thinking about goin with that or Interactivebrokers to play around with a grand or 2...
Click to expand...

If you care about FAST orders DO NOT do Tradeking. I moved to Tradeking from Scottrade and I will be moving back because from start to finish to get an order in it takes about 1-3 minutes because their website is SOOO SLOW.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top