Tutorial Forex

The lower trading commissions have transformed how retail investors trade stocks. If you are looking solely on price, it’s quite easy. But if you are looking at the different options pass the price, then the decision isn’t so easy.

OptionsHouse made a splash with their less than three dollars stock trade. If there is a cost that’s as close to nothing as possible, this is the broker that you should choose.

Zecco came out with free stock trades, but then it changed its rules again and again. These days, you only get 10 free trades if you have more than $25,000 in assets or if you trade 25 times or more a month.

OptionsXpress is pretty awesome because they are a great options broker. However, their stock trades are $14.95 which is pretty high. This one is for those that don’t mind paying a little extra for a good broker.

Wells Trade is one of the stock brokers I use because they provide 100 free trades. It’s easy to sign up for an account if you are already a Wells Fargo customer and I like the fact that you can transfer assets around easily.

TradeKing made a splash with its less than five dollar trade. Although many people already have cheaper trades, the price that this broker offers is still one of the best out there and worth a look.

I love Etrade because of their user interface. Even though the stock commission is $9.99 and $12.99 in some cases, it is still at the top of my list of recommended stock brokers.

Scottrade offers seven dollar trades, which isn’t bad but not the cheapest. However, their customer support is second to none and they also have the most branches nationwide. In addition, they are the cheapest option that offers face to face interaction.

TradeMonster is new and worth a look because of their ties to OptionsMonster. The celebrity endorsement of the Najarian Boys is reason enough to take a look.

The highest end stock broker in this list is Charles Schwab. While stock trades are $12.99, they do offer a 2% cash back credit card which makes up for some of the stock commissions.

TD Ameritrade is big and have lots of customers but I’ve heard many horror stories of website outages when there’s stock market panic and everyone is trying to sell. Their stock trades are $9.99.

No hidden fees is what separates this broker from the rest. Well, not quite because they have Scottrade promotion code too.