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Looking for the Best Online Broker for Day Trading?


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Best Online Broker For Day Trading

Why You Need the Best Online Broker for Day Trading in 2013

Only with the best online broker for day trading can you expect to make real progress this year. The developments of 2013 do not look as promising as people had once hoped. Instead, the market is weighed down by concerns about government debts in addition to the usual troubles caused by energy prices and a host of political issues.

Finding the best online broker for day trading is not as easy as it might sound. Every online source has its own ranking system and its own winners. This is due to the different priorities that each trader has. In the end, finding the best online broker for day trading comes down to identifying your specific needs accurately and determining who meets those needs most efficiently.

Who Is the Best Online Broker for Day Trading?

Here are some good candidates for the job, no matter what kind of day trader you are.

• OptionsHouse

This broker offers the least expensive trades of any service available online. For $3.95, you can make market trades of all kinds. The customer service is excellent and a broker-assisted trade only incurs an additional fee of $3.95. The one drawback might be their unusually expensive options trading service, which costs as much as $8.50

• TradeKing

Coming in a close second at $4.95 per stock trade, this online trading platform is particularly popular for its lack of an account maintenance fee.

• Fidelity

Occupying the middle ground with regards to fees, Fidelity charges a flat $7.95 for all trades. This includes options trading.

More investigation may reveal other brokers that will suit your needs. The search for the best online broker for day trading must be individualized.

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