Can someone recommend a good stock broker? Ameritrade? Schwab? I don't trade stocks a lot, I am just looking to invest.
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Can someone recommend a good stock broker? Ameritrade? Schwab? I don't trade stocks a lot, I am just looking to invest.
If you are an active trader
Interactive Brokers is not bad. The commissions are very competitive and the trading platform is good. Its not meant for casual investors - more for people who have used trading software (not web).
Ameritrade will be even better with ThinkOrSwim
Don't know if you heard but early this month Ameritrade agreed to buy out ThinkOrSwim for $606 million. TOS has one of the best electronic trading platforms for active traders bar none. The software is very easy to use, intuitive, and from all my years of trading, has the best and most responsive customer support around.
Kerry is the founder of KerryOnWorld. He lives in Silicon Valley and has worked as an engineer and project manager. He owns Kobashi Computing a consulting company.
Ameritrade is good
If you are a casual trader or investor, you can't beat Ameritrade's $9.99 on market or limit orders. I never tried Schwab but I hear they are good too.