I am wondering what online trading broker offers the cheapest commisions other than Zecco.com which offers free trades but only 40 per month. I am looking to make about 15-30 trades per day and need a commission that is $1 or less. Any ideas?
I did see a commercial on CNBC for $0.25 trades... but i forgot the name.
zecco.com offers $0 commissions but only gives you 1% on any cash balances. Remember, they are going to make money off of you somehow.
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Can you please list out all the online trading brokers and their minimum investment fund to start the trading account. I'm only talking about cash account not margin account.
Thinkorswim users with funding experienced is highly recommended to answer on thinkorswim's minimum investment some saying USD 500 to USD3500 im not sure which is true.
Thinkorswim 3500$
A. B. Watley Group Inc. 2000$
Affina Brokerage Services, LLC. 1000$
I got this data from that website http://www.stockbrokersnet.com/ - so I'm not sure how adequate this information is, but there are more brokers listed - you can check yourself also.
I'm tired of waiting for funds to settle, and only being able to day trade twice a week... are there any online brokers that have no funds settling time, and allow you to day trade more? I only have 730$ at the moment...
Personally, I think Sogotrade is best among all online brokerages. You can get a lot of free trades: about 100 free trades with 500 minimum deposits. It has very good customer services, it also has live help, and you can chat with representatives about any question. After that, only 3 dollar for each trade, pretty sweet when compared with other online brokerages.Referral code: 453934
If I wanted to make a trade in the middle of the night or on the weekend I want to have that ability. Scottrade only allows me to make after hours trades which is only a few hour extension. Please point me in the right direction. It doesn't necessarily need to be 24/7. The longer trading extension time the better. Thanks so much.
...stay with Scottrade"... (after hours) just holds-up till the next day when trading opens... all that "bull" is just BULL... Scott will take care of your "stuff"... when the Market is open...
I've got Scottrade (www.scottrade.com) which is $7. I've heard of izone (ameritrade's service www.izone.com) which is $5 with $5k minimum deposit.
Are there cheaper online brokers that are legit?
Thanks.
It all depends how big is your transaction...
Those pay-per-transactions brokers are making a killing from people that actually are not using properly: i.e they have small number of shares in every trade.
You should try Interactive Brokers, but they have a per-share fee: 1$/100shares...7$/1000 shares ..etc
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