posted
i finally have the savings to start trading in the over the counter game. what is the best trading site. pls tell and inculde experiences. (bad or good) Posts: 28 | Registered: Mar 2004
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FREETRADES HAS ZERO COMMISSION FOR THE FIRST 20-TRADES PER MONTH.
LOW TRADES HITS YOU FOR A PER/SHARE FEE.
AMERITRADE IS ONLY $10.99/TRADE.
THE MAJOR PROBLEM FOR MOST IS THE SETTLEMENT DATE WHICH IS GENERALLY 3-5 DAYS AFTER SALE BEFORE YOU CAN USE THOSE FUNDS AGAIN. THIS DOES NOT APPLY TO MARGIN ACCOUNTS.
quote:Originally posted by indamoney: i finally have the savings to start trading in the over the counter game. what is the best trading site. pls tell and inculde experiences. (bad or good)
posted
so what exactly are the disadvantages to freetrade then?
I know they are owned by Ameritrade and that is what I use now.
I use Ameritrades wireless trading on my cell phone a lot and I doubt freetrade has that but other than that why would I not use want to switch to freetrade?
I mean it is free foir the first 20 adn sooooo cheap after that.
I must be missing something.
Posts: 100 | From: Biloxi, Mississippi for now | Registered: Mar 2004
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I use LowTrades and have only ever been charged 5 dollars per order. Those ECN fees only apply if you are using an alternate ECN different from their default one, which you would only do for after hours trading.
Posts: 33 | From: Iowa | Registered: Feb 2004
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