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General Business: Stocks and Stock Brokers
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Hey all,
Was wondering if any of you play around in the stock market?
If so, what broker do you use?
I'm looking for a broker for a college student budget. I have $6,000 I can work with, but I really don't want any major fees (is it just me or does $15 per transaction seem like a lot?), also I'm kinda new at this, but I think the fools may be able to help me get going.
Thanks!
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Zecco.com for the win.
Proud founder of YGG -
Get Jason to step in on this. He's been trading like a mad-man everyday for the past couple of months.
Proud Partner of YGG -
I do a mixture of long, medium and short term investing (using options on the short term stuff). I'm in Canada so I use TradeFreedom and CIBC Investor's Edge, although I need to move away from TradeFreedom because their options trading is horrible. I wish I could use ThinkOrSwim, it seems to be the standard for options traders.
Investoid - Finance and Investing in Perspective -
Alex K,
I use scottrade, I haven't had any problems, not to mention if one occurs their local branch is nearby. So I don't have spend endless hours waiting on the phone for help. (Enter City)
I would also recommend subscribing to JDOC's site, he's the real money maker ;) Investoid
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Depends on why you're investing. If you are in it for the long term (low number of trades) that is different than wanting to day trade. BTW, I wouldn't recommend day trading. :)
I use Firstrade. $6.95/trade once you get them to remove all of the paper statement and confirmation fees ($1-2/trade). Schwing!
My Personal Finance Blog
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