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View Full Version : free or very low cost online trading

Dusterdude
12-07-2006, 10:56 AM
is there a company online that i can sign up on,that doesnt require a over 100 dollar deposit,i want to buy 1 stock for the time being and dont want to tie a lot of money.thanks
mlegha1
12-07-2006, 11:31 AM
www.tradeking.com
4.95/trade for stocks over $2...no minimum deposit required...
Dusterdude
12-07-2006, 12:10 PM
groovy,thanks
SuddleD
12-07-2006, 02:15 PM
Bank of America offers trades for $5, and you can set it up to take it from your checking account, so it works out well for me. Its a free service, if you are a customer already. They have some nice financial tools and real time quotes, so thats what I use. Think about if you already have an online banking account with BofA.
h2ofowl
12-07-2006, 02:19 PM
x2 on the tradeking

be aware there is a 5 day hold on your initial deposit
Amnion
12-07-2006, 02:41 PM
You could also try Sogo Invest $3 trades.
mlegha1
12-07-2006, 03:25 PM
x2 on the tradeking

be aware there is a 5 day hold on your initial deposit

I think if you wire in the money it is available for use right away.Other than tah I am very satisfied with their service.
h2ofowl
12-07-2006, 03:48 PM
I think if you wire in the money it is available for use right away.Other than tah I am very satisfied with their service.

very true

and the $$$ hold is only on your 1st ACH transfer
meth
12-07-2006, 05:06 PM
is there a BofA demo for this. i want to check it out first before i think of switching. i searched online and couldn't find anything.

it says if you have a balance of $25k, you get 30 free trades, if you balance dips below that it says $5-$10 comissions. if the typical trade costs $5, which ones cost $10?
bahroor
12-07-2006, 06:48 PM
is there a company online that i can sign up on,that doesnt require a over 100 dollar deposit,i want to buy 1 stock for the time being and dont want to tie a lot of money.thanks

Duster, keep in mind that your commissions will come out to 10% (round trip) of your initial deposit. Ten Percent is very high if you ask me.
So ask yourself before you buy, what kind of gains am I expecting from this one stock with 100 bucks?
a70coupe
12-07-2006, 10:43 PM
http://www.zecco.com/Default.aspx
cryder17
12-08-2006, 12:00 PM
the only downside to that vecco is that if you trade the same stock more than 3 times in a consecutive 5 days, you are considered a day trader and have to hold a minimum $25,000 in your account...

does anyone have experience with BofA? are the real time quotes and watchlists pretty effective for trading like the scottrader v4.0 is?
SuddleD
12-08-2006, 02:37 PM
is there a BofA demo for this. i want to check it out first before i think of switching. i searched online and couldn't find anything.

it says if you have a balance of $25k, you get 30 free trades, if you balance dips below that it says $5-$10 comissions. if the typical trade costs $5, which ones cost $10?

http://www.bankofamerica.com/investing/index.cfm

Is the main site for investing on BofA, it should provide more help than I can.
meth
12-08-2006, 04:04 PM
http://www.bankofamerica.com/investing/index.cfm

Is the main site for investing on BofA, it should provide more help than I can.

http://www.s2ki.com/forums/html/emoticons/thumbsup.gif thanks for the link man. i am thinking about switching over to this. i didn't see their realtime quotes demo, but i did see how the trading works on there. haha, kind of scarry though having your bank account directly connected to your trading funds, something i wasn't used to on scottrade.
meth
12-08-2006, 04:11 PM
http://www.zecco.com/Default.aspx

http://www.s2ki.com/forums/html/emoticons/thumbsup.gif whoa! have to look further into this. anyone using this?