Which websites charge the lowest commission for online stock trading?

Question

Ameritrade claims to be very low with $9.99 a share and I found scottrade.com with $7 per share. are there any other places with lower trading fees with no inactivity/maintenance fees? Preferrably, is there a site that charges NO COMMISSIONS for stock trading?

Answer 1

I would suggest Scottrade. UNLIKE etrade and other brokers you dont need to trade a minimum of stocks per quarter to avoid any fees! So you can buy low, forget about them, and sell high later whenever your ready as their aren't any maintenance fees. Other sites also require a large deposit that has to be wired from your bank account.

With Scottrade there are many local branches that you can sit down with a person open an account and drop off a check (min $500) making it alot safer and cheaper if your new to the market. And if their are any problems their just a 10min drive away.

And forget about e-trades $10+ per trade. At Scott's $7 bucks a trade is solid.

Don't wanna pay $7 use this code when opening account...

ReferALL code: RWFQ4282

Referred by: Martin Michael Niessen

You get your 1st 3 trades for free And if you refer anyone else you get 3 more for free. YOU CAN'T get any lower than FREE.



I'm sure you will be very satisfied with Scottrades No Hidden Inactive or Maintainence Fees, their Customer Service, Cheap Trades, and Ease of use.



Check out their Reasons at http://www.scottrade.com/online_trading_...



Have anymore questions feel free to email me at [e-mail] Or even better you can call a branch or chat online with a representative.

Answer 2

It's really possible to make money with trading online, specially with binary trading. You have just to know where to learn... and I know the best source ( http://forexsignal.kyma.info ) This course explain everything you need to start a very profitable trading activity. Before you "learn" to day trade you first must understand the markets, the products traded in the markets and the rules you have to follow to be in the market. You have to learn what to do, why to do it, when to do it and how to do it. If can learn all of this then and only then can you day trade. Before you day trade you must be able to trade. You also need a written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. You also need sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you can trade/invest. It is more imperative to have a written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested and a good understanding of the rules

Answer 3

The lowest, as far as I know, is Interactive Brokers.



http://www.interactivebrokers.com/en/accounts/fees/commission.php?ib_entity=llc



Certainly there are a lot of brokerages that have accounts with no commissions for stock trading, but they will collect other fees. Brokerages are businesses that must collect money to cover their expenses or they will go bankrupt.

Answer 4

Don't look for the "cheapest" broker. They tend to be geared for the more experienced trader and are not strong on customer support. Hopefully you've read at least 4-5 books for the new investor. You should understand things like; asset allocation risk time horizon position sizing money management Good luck!