Buy Stocks Online – ShareBuilder
As you get ready to buy stocks online you want to know who you want to use. There are so many different discount online brokers out there to choose from, so just like doing your research before buying any stocks, you need to do the same when it comes to who you will be doing your trading with.
One of the online brokers out there is ShareBuilder.com from ING Direct. A registered broker-dealer and Member FINRA/SIPC. ING Direct has a lot to offer within the financial world, but now that they are a broker-dealer, you can now trade stocks with them.
You don’t have to have a boat-load of money to open an account with ShareBuilder. There is no minimum requirement to get one with them. To Open an account takes only a few minutes and once you fund your account you can start trading.
After you choose the program you want to determine your investment costs, or even to set up your investing plan. You can get access to some great tools as well.
You also have the option to set up automatic investing to make your purchases easier and doing so will get you their best price on fees. With automatic investing each trade will only cost you $4. That’s the lowest price I’ve seen on any of the other online brokers. The catch with that is that you have to have the money in the account prior to the date of the trade (which makes sense), but if for some reason you don’t have the discretionary money you expected to have to put into the account, you will have other fees that will apply.
ShareBuilder doesn’t give you a lot of information unless you open an account with them first which leads me to think that there are things like hidden fees or minimum shares purchase. To really find out about them you will have to dig a little deeper than I did.
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Tags: automatic investing, broker dealer, Buy Stocks Online, money, online broker, online brokers, sharebuilder, stocks, trade stocks
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