How much do stock brokers charge?

Is there a set percentage? or do they charge according to your purchases? do they charge anything when you sell?
How about, which online stock broker is the best?

Public Comments

1. Try Scott Trade $7 Trades on line
Usually up to 1,000 shares, then it is cents per share over.

2. They're all different but competitive so just ask them. They're very willing to share that kind of information.

3. brokers fees are not that expensive. most mutual funds charge 5.75% of what you invest, which can be looked at as a lot of money but you are buying shares in hundreds of companies when you do this, plus you have the experience of professionals looking after your money everday, it is really cheap for what you get. someone that has no idea what they are doing with investing should use a good honest broker......if you do know what you are doing and want to invest online, lots of website to do this....I personally use scottrade, they are very good and they charge $7.00 evertime you buy or sell something. but if you don't know what you are doing you should not do this because you can get wiped out very quickly.....you don't want to buy junk, and most people that don't know what they are doing want to buy stock in companies that the share price is $5.00 per share, that is a disaster, because that company is probably in poor financial shape and if they go out of business your money turns into zero, it is hard to make money in good solid companies let alone invest in this garbage. but there are lots of ways to invest and everyone you talk to will tell you something different. go and buy a few good books on investing, buy one from William O'Neil, he publishes a newspaper called Investors Business Daily which is very good. good luck

4. Annie - use Scottrade if you're looking to trade yourself. It's seven bucks a trade and you don't have to execute any specific number of trades. Don't pay broker's commissions to "financial advisors". That's a rip off. You can learn as much as they know, and do your own trading.

Now, if you've got a lot of money - say mid 6 figures to invest - you can set up premium accounts with many companies that would allow you to make trades for a few dollars....but you must trade hundreds of times per month.

5. Don't use a stock broker unless they can prove that they can pick stocks better than the average investor. Ask them if they have a portfolio at http://www.Top10Traders so you can see how they have been doing in the market. This is a free site that lets anyone create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

If you decide to use an online broker, Scottrade ($7 per trade) is the best.

6. Broker could charge around 20 dolllars a trade.

You must know that to invest you want to keep fees minimal.
However if you keep fees minimal and buy the wrong thing its no where near as bad as paying a fee to a broker and buying the right thing. Very few people go to high fee but highly rated broker and loose everything but watch how many do it yourselfers pay the 7 dollar fee at scottstrade or ameritrade which I tried before and loose it all the percentage is going to be alot higher. So even though paying the fee is not the best way to go it is the safe way to go which is good for most people. Therefore I recommend that way untill you show that you are willing to do the work it takes to take the responsibility.

7. $4.95 USD (TradeKing)

8. Stock brokers charge anywhere from nothing up to $50 per trade. If you want to avoid paying commissions and get charged nothing, go to Zecco.com. It's a brand new thing. They make their money off advertising instead of commissions.