Which Broker Is the Best for Stock Trading Online Reviews?

It is critically important to read stock trading online reviews for brokers, the fees and commissions that a broker charges can make the difference between a daily profit and a daily loss. This is especially true if you make a lot of trades per day. Some brokers offer a limited number of free trades to draw you in but then charge high fees later. Others charge low fees but have restrictive requirements for their accounts. To find a broker that suits you, look at these stock trading online reviews and see which broker seems best.

Five Stock Trading Online Reviews

•             Scottrade – If you like having the option of a face-to-face meeting, then this is the broker for you. Scottrade has more than 500 local offices to support their online interfaces with traders. They charge a $7 flat fee per trade.

•             Interactive Brokers – This broker is known for its low trading charges and its useful research tools. However, it does require a minimum of $10,000 to start an account and reviews suggest that its customer service is less than perfect.

•             Fidelity – They charge a little more than Scottrade at $7.95 per trade and they only request opening balances of $2,500. The only drawback might be its relative lack of mobile apps.

•             TD Ameritrade – This broker has higher fees. It charges $9.99 for every trade. However, almost everyone agrees that it has great mobile apps and excellent customer service.

•             Charles Schwab – Their website is easy to use and they offer 24-hour customer service to meet global demands. Their commission charge of $8.95 is a little high.

Do not stop with this list. It is just a starting point. You should research stock trading online reviews as well as you do your own investments.