This is topic Which Brokerage Company Should I Use??? in forum General Investing Topics at Allstocks.com's Bulletin Board.


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Posted by netfreak on :
 
Hello Everyone:

I am new to this whole game of investing. After coming across allstocks.com from searching dogpile, I new this was the place to be. Very insightfull information from all the various posts. My question to all of you is who is the best online brokerage firms to open an account with and why would you choose that company??? Any help would be greatly appreciated... Also, what I am most interested in is penny stocks because of the small capital investment required and the huge potential for profit...

Thanks
 

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Posted by Machiavelli on :
 
ive said it a million times already.. but : CHOICETRADE.COM ...
 

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Posted by cbrf2 on :
 
yeah, ill cosign to machiavelli. If you do open an account with them, use me as a reference, so we both can get some goodies

at any rate, can this be stickied to the top, or no?
 

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Posted by nomed on :
 
Just opened my account with choice....LEAVING Scottrade, if that helps netfreak.

Hey cbrf2.... Goodies, like free trades? Let me know, I'll hook you up if they will go for it! Just opened my account.
 

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Posted by West Meadow on :
 
CHOICETRADE not available in Oklahoma. What else?
 

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Posted by bdgee on :
 
Try lowtrades. It's similarly priced.
 

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Posted by netfreak on :
 
How about Scottradeelite.com is it the same or worse than Scottrade???
 

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Posted by BuyTex on :
 
cost is high, ie, minimum balance, as i recall
 

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Posted by Vlad4 on :
 
My friend just signed up for Ameritrade, and his streamer not showing Bid and Ask for pinkies, is that true about ameritrade? my scottrader shows Bid and Ask for all my pinkies no prob. He called Ameritrade and they said we dont show Bid and Ask for pinkies. Is that true?
 

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Posted by Junky on :
 
empirenow.com is another option
 

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Posted by cbrf2 on :
 

quote:

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Originally posted by nomed:
Just opened my account with choice....LEAVING Scottrade, if that helps netfreak.

Hey cbrf2.... Goodies, like free trades? Let me know, I'll hook you up if they will go for it! Just opened my account.

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hey

lol, dont worry bout it, i caught this a little late, ha!
 

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Posted by machie on :
 
Newbie help please !!
I'm new to the trading world here
I figured I'd start with 500 on some penny stocks.
I opened an account with Ameritrade and also subsciped to thier level II quote

I put up a few pink stocks and don't see any active ask/buy on the screen for them but if I hit last sale it shows on the chart. I called ameritrade about one of them and they told me it just might be that symbol. But after trying a few and getting the same issues ;
I'd like to know a few things.
1) Is ameritrade pulling my chain or does anybody know if they just have an overall bad system setup for pink sheets etc.

2) Since I'll be mostly dealing with pink & OTCC as i get started in the stock world is Ameritrade the place to do it and with using thier level 2?

3) would you suggest a diff broker with level 2 that supplies adequate OTCC/Pink sheets
 

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Posted by podcaster on :
 
lowtrades
and if you get "medved quotetracker" now and let lowtrades know then you'll get $2.50 trades thru 9/30 (as i recall). works great for me. usual fee per trade is $5.
 

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Posted by bdgee on :
 

quote:

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Originally posted by podcaster:
lowtrades
and if you get "medved quotetracker" now and let lowtrades know then you'll get $2.50 trades thru 9/30 (as i recall). works great for me. usual fee per trade is $5. :p

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Yep. And you don't have to actually use Quote Traacker, just tell them you have it.
 

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Posted by Machiavelli on :
 
Choicetrade.com ...
 

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Posted by johnny14511 on :
 
hey does choice trade have a program where it shows you live how the stock is currently?

something similar to what scottrade have?

the real live second to second view of the stock
 

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Posted by BuyTex on :
 
streamer costs more, from what I understand...
 

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Posted by treemoney on :
 
hey does choice trade have a program where it shows you live how the stock is currently?

something similar to what scottrade have?

the real live second to second view of the stock

I recently asked the same question. here is the response by bdgee
Choice trade charges for realtime quotesand L2s on their streaming desktops and charges for the streaming desktop too, unless.......?

However, if you make 25 trades (I believe I have the number right) during the month, then, on about the 28th of the month or so, when they make that charge, you email them (or call) and point out that you qualify via the number of your trades, they will remove the charge, i.e., the real time quotes, L2s, and streaming desktops are free, provided you remember to apply for them at the end of the month.
 

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Posted by johnny14511 on :
 
how much does it cost
 

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Posted by R1Man on :
 

quote:

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Originally posted by machie:
Newbie help please !!
I'm new to the trading world here
I figured I'd start with 500 on some penny stocks.
I opened an account with Ameritrade and also subsciped to thier level II quote

I put up a few pink stocks and don't see any active ask/buy on the screen for them but if I hit last sale it shows on the chart. I called ameritrade about one of them and they told me it just might be that symbol. But after trying a few and getting the same issues ;
I'd like to know a few things.
1) Is ameritrade pulling my chain or does anybody know if they just have an overall bad system setup for pink sheets etc.

2) Since I'll be mostly dealing with pink & OTCC as i get started in the stock world is Ameritrade the place to do it and with using thier level 2?

3) would you suggest a diff broker with level 2 that supplies adequate OTCC/Pink sheets

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