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buying stocks online?
So, I just want to buy stock in one company. I know what it is and that it is being traded. I've looked around and it seems like the big reputable firms want me to open an account and pay $35 or so per trade to them for the privilege of having them buy the stock for me. That's more than the individual share price! So, what do you guys think of buying online though online on services? Any recommendations on what service to use?
I meant through online only services.
Yes, I get the I'm going to have to pay but I want to pay as little as possible without ending up using some unethical/scam type company. I'm not a big fish. I just want to buy stock in one company.
2 Answers
- A nobodyLv 71 decade agoFavorite Answer
All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.
Customer need to select the site that is best for them. Traders have requirements in a site, while investors have other requirements.
Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade. For example I use Fidelity for investing. Scottrade for equities trading and ThinkorSwim for option trading
It seems that the most popular firms for on-line investing/trading all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim. In your situation, you may be best served if you select Scottrade or Ameritrade
Don't forget that brokerage have cost involved in every order that is executed whether it be on line or direct.
Source(s): from the street - ?Lv 45 years ago
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