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  #1  
Old 12-09-2008, 01:13 AM
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Join Date: Jun 2002
Location: Findlay, Ohio
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Online stock trading

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Anyone have any recommendations on who to use? Anyone to stay away from or any other recommendations?
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  #2  
Old 12-09-2008, 04:47 AM
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Join Date: Jan 2000
Location: Canada.
Hi Tim.

Consider asking this in the "Beginner Financial Investing" thread - Beginner Financial Investing.

There are a bunch of guys there that can give you suggestions, and it's an important thread to check out even for advanced investors (the discussions over the past year have become increasingly sophisticated, and I strongly recommend reading everything from at least last September).

I only use a full service broker in the States, and I presume you want online trading? If you search online for reviews, most of them are rated and reviwed and A/B'd against one another. They're fairly homogenous these days if you just want to buy & sell big board stuff, and commissions don't vary much.

These days you want to make sure whoemver is behind the brokerage is solvent so they don't go bankrupt on you. E*Trade nearly did last year. Not sure to what amount, if any, brokerage accounts are insured and you wouldn't want the hassle anyway.

If you are going to do it properly though, meaning you want access to trading OTC shares, Canadian, overseas markets, shorting, and options trading for hedging purposes, then the differences become much greater.

Good luck.
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  #3  
Old 12-09-2008, 11:08 AM
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Join Date: Mar 2008
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I use Sharebuilder and it works fine. Not a bunch of bells and whistles (research tools) but it's an easy site to use for the essentials of trading. Also, if you have an ING savings account you can transfer money instantly to Sharebuilder as it is owned by ING. Very easy system to save money and invest.
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