What is the best online trading site?
What is the best or most trusted and/or cheapest online stock trading site? I mean sites like etrade or TD Amertrade.
Also easy to use.
Public Comments
1. ebay
2. Smart Money magazine does a comparison on them.
Google "brokerage ratings" and see other articles
http://www.smartmoney.com/investing/stocks/smartmoney-2009-broker-survey/
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3. Of the two... no question.... TD Ameritrade
Barron's rated the on-line brokers (this past Saturday's issue). If you think that "cheapest" is best.... then you know little about trading. You should take a 6 months to a year to learn the basics. Otherwise... the money you save in low commissions will be lost in stupid, beginner mistakes.
For new investors... I think Fidelity & Schwab are the best way to go.
The best broker.... according to Barron's is ThinkOrSwim. They are owned by TD Ameritrade. I've been using them for over 5 years. I've used Schwab, Fidelity, Scottrade & Interactive Brokers.... none of them are as good as ThinkOrSwim. You are 2 - 10 years away from having the knowledge to use them successfully.
4. http://www.smartmoney.com/investing/stocks/smartmoney-2009-broker-survey/
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