What online stock trading company should I use? I want to use 2000 to purchase a stock?
Author: Can anyone recommend me an online trading company such as ScottTrade, eTrade, AmeriTrade, etc. Which one offers low fees and can u tell me about your experiences? I want to purchase a thousand or two of a low priced stock, what are the boundaries if I wanted to take the money back out after a year of positive growth? Please help, economy sucks.
I love Scot trade . It works good for me. Scottrade 7 free trade number: MRPK4807 . Open the new Scottrade account? Type this referral number: MRPK4807, both you and me can get 7 free trades. Thank you! Hope you make great money with Scottrade.
I use TDAmeritrade and have for years…. I really like it but if ScottTrade existed at the time I probably would have gone with them since they are cheaper
I use Sharebuilder (or ING Direct)
I don’t like paying the commission, but to get over that I buy a lot of stocks at a time to offset the commision. I only use the basic investment options, but you can sign up for a account with more options, which you pay a monthly fee for, but you pay less fees when buying stocks or mutual funds. Most mutual funds they sell you have to pay a $1000.00 minimum or a monthly payment of $100 till the minimum amount is met
Hope this help.
Scottrade should work well for you. It is the least expensive of those you mentioned. I personally use Ameritrade but it is slightly more expensive.