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Sharebuilder, Ameritrade, Optionshouse, etc.?

Posted on 1/24/15 at 9:13 am
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41479 posts
Posted on 1/24/15 at 9:13 am
Which should I choose? Does lower price equate to lower service standards or is it all about trade prices?
Optionshouse offers $4.95 trade fees. That's the cheapest I've seen but I've never heard of them so I'm hesitant to go with them.
What do the fine Money Talk folks recommend?
Posted by SomeGuyFromLA
Texas
Member since Dec 2014
139 posts
Posted on 1/24/15 at 10:21 am to
E*Trade. $9.99 trades but you shouldn't be trading frequently anyway.

Buy an S&P Index or ETF quarterly. VOO or SCHD

=profit

/thread
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3786 posts
Posted on 1/24/15 at 7:35 pm to
It all depends on what you want out of it.

Sharebuilder has $4 trades if you schedule them to execute on a Tuesday. Still $7 to sell.

The various places have different evaluation options, charting, indicators, etc. I use Sharebuilder and am perfectly happy.
Posted by K E V 8 4
Member since Jul 2010
608 posts
Posted on 1/24/15 at 8:03 pm to
Had an E*TRADE many moons ago. Just opened a TDAmeritrade account as I am planning to start trading a few options. I must say, I am blown away by the nice trading platform, education center, the ability to use a "paper money" account to test strategies, etc. I guess it depends on what type of trading you want to do. (My Fidelity platform, where I have most of my money stored, charges $7.95 a trade, I think.)
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