Buy Stocks Online – Scottrade
When looking to buy stocks online, you need to take your time and find the right one for you. Scottrade is the leader in online discount brokers. They have been around since the beginning of online stock trading, so it stands to reason to take a hard look at them.
No matter how you’re looking to trade Scottrade can help. If its Stocks, options, mutual funds, bonds or even fixed income investments, these well trained associates are there for you. Scottrade offers many other ways that they can assist you in whatever your financial needs may be.
Scottrade charges $7 a trade (for stocks valued more than $1) no matter the size of the order or how often you trade. Of course that is for trades that are handled on the internet. For trades on the phone with broker assistance, they will charge you $27 per trade. Stocks that are traded on the pink sheet or foreign stocks, they must be done with a broker. So if you’re one of the many people who trade penny stocks, Scottrade may not be the broker for you.
If you don’t trade all that much, Scottrade doesn’t charge for inactivity on any of their accounts. The is never a maintenance charge either. To trade options, Scottrade will charge you $7 per trade plus $1.25 per contract on limit or market orders.
They also have a great support team in place to help you with any questions that you may have. Their associates are in early and stay late to be there when you’ll need them. They also have over 300 branches to assist you if you want to have a face to face with one of their associates.
Scottrade also has what only a few do. A community board where you can talk with other traders like yourself to discuss and collaborate about the stock market. As for taking tips from anyone from the community, I don’t recommend it. No one really knows what will happen to a particular stock.
To open an account with Scottrade, it requires a minimal balance of $500 ($2000 if you want a margin account) along with a completed application to do so.
Tags: bonds, broker assistance, Buy Stocks Online, discount brokers, fixed income investments, margin account, mutual funds, penny stocks, pink sheet, Scottrade, stock market, stock trading, stocks, stocks options, trade stocks, tradesRelated posts
Buy Stocks Online – OptionXpress
There is more than one way to buy stocks online. One of them is not actually buying stocks, but buy options of stock shares. What are option? well this isn’t the site to find that information, but there are plenty of them out there that can help you. Take my word for it, this is not something you’ll learn in stock market 101. If you are one of the many people who do know what option trading is, then this post will benefit you and where you might want to go to trade options.
The one site that I’ll discuss in this post is OptionXpress. A site that focuses on this type of trading, you can trade individual stocks, bonds and mutual funds, but it basically is a option trading site. A site that is listed as the best online broker from Barron’s. four of the five past years. That alone should tell you that you will be in good hands with OptionXpress.
OptionXpress has some great tools to help you get the best spreads and keep you on top of the option market.
They offer some of the best option education to teach you on how to play this type of trading within the stock market. The programs that they offer are set for three different experience levels. if you’re new to options, then they have simple and easy tutorials for you to catch on to the concept.
As for what OptionXpress charges for trades that you make with them. Their fees and charges vary more than most of their competition. if you are going to trade options, their price scale starts at $12.95 and goes up from there depending on how many contract you exercise within a 3 month period (quarter). As for trading stocks the prices starts at $9.95. When it comes to trading individual stocks there prices are pretty much in line with their competitors.
So if you’re looking to do some option trading, then may I suggest you look into OptionXpress.
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Tags: bonds, Buy Stocks Online, Buying Stocks, mutual funds, online broker, option market, option trading, OptionXpress, stock market, stock shares, stocks, stocks bonds, trades, trading stocks
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