Online Stock Trading Best Brokers

Best Online Stock Trading - Best Online Brokers

I have scoured the Internet to see which online brokers are regarded as having the best online stock trading sites in the U.S.. By 'best' I basically mean the cheapest, as in my experience they are all very average when it comes to service, so you may as well go with the cheapest.

The five that I have short-listed are given below in alphabetical order.

• E*Trade charges between $6.99 and $12.99 per trade (depending on how often you trade). But they also have a $45 fee per trade if you require broker assistance, plus online commission, inactivity fees of $40 per quarter if you fall asleep and don't trade often enough.
  
  They do however offer some advice in many ways similar to what you would get from a full-service broker. Their customer service does not have Live Chat or IM, and they are slow at answering the phone.
  
  Smart Money picked tham as number 1 online broker for 2007 and 2008 and they got four stars in Barron’s Online Broker Survey. They also have a large number of easy-to-understand videos on topics such as technical analysis.
• Firstrade charges $6.95 per stock trade. They also get the least number of fines from regulators for customer complaints, which can't be bad. But their websie seems to have less to offer than the others.
• OptionsHouse is even cheaper at just $2.95 per stock trade. They are easy to contact via phone, and also offer Live online Chat. THey also have a Virtual Trading system for virtual trading, Webinars, and they will refund $100 of any transfer fees.
• TradeKing charges $4.95 per trade regardless of your account balance. There customer service is highly regarded and you can get through to a live representative via email, phone, or IM. They will also refund up to $150 in charges if you switch to them, and give you $50 for any referral that signs up with them through you.
  
  TradeKing has also won plenty of awards - e.g. Smart Money ranked them number #1 in customer service in 2008, the best US discount broker two years in a row and they get the highest ranking of four stars **** in Barron’s Survey of Best Browser-Based Online Brokers.
  
  They also have a forum which seems quite active.
• Zecco - they offer free trades if you open an account with a $25,000 or more or if you trade actively. If you maintain a $25 K or make 25 trades a month, you will get 10 free trades each month. If your account balance is below $25,000 trades are $4.50 per transaction.
  
  They also have a forum which seems pretty active and which you can read even if you don't sign up for an acount with them. best online stock trading cheapest online trading buy stocks and shares

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