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Message
Zecco
Posted on 3/10/10 at 12:21 pm
Posted on 3/10/10 at 12:21 pm
Does anybody have experience with this broker?
They seem to have the lowest fees of all the online brokers at $4.50/trade. I'm guessing you sacrifice some research capabilities, but does this outweigh the discounted rates?
Note: I am planning to buy individual stocks, not funds (I'll use Vanguard for that)
They seem to have the lowest fees of all the online brokers at $4.50/trade. I'm guessing you sacrifice some research capabilities, but does this outweigh the discounted rates?
Note: I am planning to buy individual stocks, not funds (I'll use Vanguard for that)
This post was edited on 3/10/10 at 12:22 pm
2
Posted on 3/10/10 at 3:14 pm to Feed Me Popeyes
You pay for what you get, not sure about their research tools but I'm sure its minimal at such a low price. I'd say if you were going to go discount broker do Scottrade, 7 bucks a trade and having a local branch is nice. Also, if you put 25000 in you get some much better research tools as well. If not, look into some other form of research to supplement.
Posted on 3/10/10 at 4:25 pm to Feed Me Popeyes
What dollar amount would you estimate your average trade to be?
Will you be buying income stocks/ETFs?
How many trades do you estimate you'll execute per quarter?
Will you be buying income stocks/ETFs?
How many trades do you estimate you'll execute per quarter?
This post was edited on 3/10/10 at 4:26 pm
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