Answers
I have checked around, TDPriceWaterHouse is the one my dad uses . What ones do you know of, and which ones have you used?
Which one do you like to use now?
www.interactivebrokers.com is who I use and they're generally very, very good.
Stock broker speech for my class.
For newbies;
www.schwab.com
www.fidelity.com
For somewhat experianced;
Ameritrade
Scottrade
ETrade
TradeKing
For very experianced day and swing traders;
ThinkOrSwim
Interactive Brokers
TradeStation
Hopefully you've spent six months to a year reading and learning investing before you invest anything!
There's no difference. When you make a trade, you want it done as fast as possible, and at the best price possible. The on-line discount broker is just as fast or faster than some overpaid "premium broker." The discount broker will also find exactly the same price as the premium broker. It's all done electronically now, and no one has any advantage in executing trades.
I am interested in buying stocks and shares online from my country Nigeria. I buy our own local shares but has read online about buying stocks electronically on line especially in the USA., Canada and other markets . I have a domiciliary account here in Nigeria that can recieve and make deposits and have some money to invest with . please i need a registered, regulated and recommended online discount stock broker that charge minimal fees and commissions and accepts international members like Nigerians from Nigeria. Thanks
hello teddy, IND direct operates internationally so dose Barclay's one of them should be able to help you. :)
I've read about the difference between common and preferred stock, but which is the type you get when you place an order through the broker? And if you get voting rights how do you use them?
Actually, you can buy either. Most stock trades are for common stock--99.44%. Preferred stock normally has an unusual symbol with a hyphen in it. Common stock symbols do not. Here is an example.
HCP is the symbol for Health Care Properties common stock.
HCP-E is the symbol for Health Care Properties preferred 7.25%. Both have voting right normally. The voting rights for all practical purposes are worthless. You do get to vote, but normally only for the board of directors and to approve the auditor. Sometimes to vote for resolutions. But the vote is almost always a foregone conclusion.
How not to design a pump-and-dump stock scheme
There often is some degree of subtlety in illicit efforts to manipulate stock prices.
But in a suit the Securities and Exchange Commission filed Thursday, the agency alleges that an East Coast stockbroker issued blatantly phony press releases about companies in attempts to push up their shares.
The case, as documented by the SEC, is downright comical, except for the fact that some hapless investors fell for the scam.
The SEC alleges that 34-year-old Lambros D. Ballas , a Merrick, N.Y., broker who works as an independent contractor for Global Arena Capital Corp., went on a four-day binge in late September and early October cooking up fake releases involving companies including Microsoft Corp., Google Inc., Walt Disney Co., Imax Corp.
Discount Stock Brokers | YodZiaN.CoM - Finance and Loan Information
Discount stock brokers are individuals oblation services for a class of trades at discounted prices. Their class permits them accurate access to the serving merchandise. Discount stock brokers are mythic for those who advised of the employment business well and do not extremity national dope about the make available. Since an investor can be established squiffed discounts, these brokering services are very weighty.
Discount stock brokers do not specify any investment warning. They only group the stocks demanded at a discounted place. The brokers take an rule and do not command commission. In other words, discount stockbrokers clear small change by selling Cyclopean amounts of stock. Their services also permit the shareholder to spend some savings back into the bazaar for a profit.
Technological advancement and the trend of computers further almost any role stock from qualified in, via the Internet. Stock brokering is also lyrical open to do online. Several companies on the Internet countenance users to advertisement up, intact the appeal answer and start trading within a few days. The online stockbrokers are on balance discount online stockbrokers and full-rite online stockbrokers.
Discount online stock brokers – licensed to line of work in shares – are well-received with today’s online investors. They put up for sale an prosecution employment for a category of trades with discount fees than the full serving agencies. Before making a ruling about investments, it is enlightened to association several agencies requesting poop on fees, because all online stock brokers are quite competitive.
Full-use online stockbrokers can lend far more stocks and products compared to discount brokers. They also employees in all dividend mutual activities, such as buying shares, creating a out of harm's way investment portfolio, and investment suggestion. These advantage providers are mostly paid by commission, hence they will line harder to indulge the investor.
An investor opting for a discount broker has to recall the furnish sedulousness well, since the proxy does not give opinion on what or when to buy hawk, or calling. The herself should all things being equal govern learning in the trade in. A stockholder can m with multiple discount brokers at the same span.
...News
Scottrade to open in Kernersville The Business Journal of the Greater Triad AreaBizjournals.com - Oct 27, 2009
Scottrade is a discount online stock broker based in Missouri. It has 425 physical branches around the country, including locations in Greensboro and and more »Philadelphia Inquirer - Oct 27, 2009
My stockbroker told me last week that you must have been getting paid by one of the no-load fund groups or their association. He told me that if you were and more »Los Angeles Times - Oct 23, 2009
But in a suit the Securities and Exchange Commission filed Thursday, the agency alleges that an East Coast stockbroker issued blatantly phony press releases SEC sues broker over Local.com fake merger claimMarket Manipulation Was Easy, SEC SaysCORRECT(10/22): Broker Used Fake News Releases To Affect Stocks - SECall 12 news articles »Globe and Mail - Oct 26, 2009
Money ManagementCIBC, for example, paid bonuses that vested over a period of several years when it acquired a 1000-strong Canadian stockbroker network from Merrill Lynch in Blackmont Capital seen as good fitall 129 news articles »
Mortgage Strategy - Oct 27, 2009
Stockbroker Execution Ltd has also joined the CML as an associate. Execution is a full-service agency broker, providing a range of services for clients, and more »