February 18, 2010
How To Start Trading Online?
I want to start trading online but dont know where to begin.
Are there any good online brokers apart from E*Trade?
February 18, 2010
I want to start trading online but dont know where to begin.
Are there any good online brokers apart from E*Trade?
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In my opinion the best on-line broker for the newcomer is Options Express at http://www.OptionsXpress.com They have a full compliment of tools as well as some excellent charts that you can draw your own lines on as you plot your trades.
I use Scottrade. They had the lowest fees ever all of all the online brokerages. They also had local offices in most major cities so you can go talk to a live body. Oonce you open an account and fund it, you have to do your research. Its a stiff learning curve, but you have to know what your doing before you get into this. Once you learn it, your on your way.
Get in on a good Internet Bank and you will be able to trade from them and it will be cheaper than a broker.
http://www.schwab.com
There are some that are a little cheaper, but Schwab give excellent phone support at no additional charge.
create a online trasaction account with your broker