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Old 02-03-2007, 01:24 PM   #1
runlikeanantelope
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Lightbulb Suggest an online-brokerage

Hello Everyone. Glad I found this site. I've recently become a big fan of Mad Money and plan to take that 20% of my investment portfolio and try to make some mad money!!

So I was wondering if someone could recommend an online account (and I'll use a referal code if it gets you a bonus).


Probably will start the account with <$3k and probably won't make more than 2-3 trades/month. TD Ameritrade looks like $9.99/trade but they don't link to any IPO's. E-trade looks like $12.99/trade for my level, and it appears I might be able to get in on some IPO's if they are linked to the underwriters.

Any help is appreciated.
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Old 02-03-2007, 02:07 PM   #2
who8me2k7
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Default Re: Suggest an online-brokerage

Scottrade is $7 a trade, but they charge extra for mutual funds
The one I use, firstrade, is $6.95 a trade with free mutual funds. Check them out...www.firstrade.com
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Old 02-03-2007, 02:39 PM   #3
gferrets
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Default Re: Suggest an online-brokerage

I like Tradeking. They recently added some new technology which allows for greater technical analysis which is really nice. Also the trades are only $4.95 which is very cheap. Ranked #1 of online traders by SmartMoney. Not bad. Hope this helps.

Grass
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Old 02-03-2007, 03:04 PM   #4
who8me2k7
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Default Re: Suggest an online-brokerage

Quote:
Originally Posted by gferrets View Post
I like Tradeking. They recently added some new technology which allows for greater technical analysis which is really nice. Also the trades are only $4.95 which is very cheap. Ranked #1 of online traders by SmartMoney. Not bad. Hope this helps.

Grass
http://www.elitetrader.com/br/?action=view&R_FirmID=199
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Old 02-03-2007, 03:41 PM   #5
gotcramer?
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Default Re: Suggest an online-brokerage

I use Scottrade and am satisfied. $7 trades.

One consideration for me was Scottrade has a local office I can visit or call if I have a problem.
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Old 02-03-2007, 04:12 PM   #6
BuyOnDips
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Default Re: Suggest an online-brokerage

I have both an Ameritrade and Scottrade account. Both are pretty good. I opened the Scottrade account because the trades are cheaper. FWIW, I haven't had problems with either of them, but I don't trade a lot.
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Old 02-03-2007, 11:49 PM   #7
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Default Re: Suggest an online-brokerage

I have no problems with Scottrade, but do remember it is $7 in and $7 out, ergo, $14

Scottrade is updating its site around Feb 14th for what it is worth

My local office have real humans working and they are friendly and helpful
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Old 02-04-2007, 12:25 AM   #8
bahroor
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Default Re: Suggest an online-brokerage

I use Scottrade also...
and... I'm willing to do something extra special for you so you can get some free trades!!
PM me for details
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Old 02-04-2007, 05:14 PM   #9
al luis
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Default Re: Suggest an online-brokerage

See.
interactive brokers
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Old 02-04-2007, 08:39 PM   #10
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Default Re: Suggest an online-brokerage

I use Scottade and has served me well.

I do not have a large account, it is a cash account, and I make a couple buys/sells/trades a month. So far a have yet to make any move in 2007.

So i like the no fee or minimums. I also like that there is twoo offices about 15 minutes from my house if needed.

__________________

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"Please pack your knives and go."

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