posted
Im a newbie with just a few hundy to start with, --- Sharebuilder looks nice and low, but FirstTrade is giving away 100 free shares --BUT-- it looks like they charge a SURCHARGE for stocks under $2 --(does anyone know if Sharebuilder does this?) --
Scottrade looked good but they have a 1k minimum....
posted
A lot of brokers have a minmimum but they don't really care.
I know that Ameritrade has a minimum of $2000 to open an account, and that's what it says on their application, not for a margin account, just to open an account.
A friend of mine opened one yesterday with $500.
Call them, see what they tell you..
-------------------- Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.
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quote:Originally posted by tvance: Im a newbie with just a few hundy to start with, --- Sharebuilder looks nice and low, but FirstTrade is giving away 100 free shares --BUT-- it looks like they charge a SURCHARGE for stocks under $2 --(does anyone know if Sharebuilder does this?) --
Scottrade looked good but they have a 1k minimum....
advice please...
Neither.. use Choicetrade.com
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by stockonyou: None of them. Try Tradingdirect.com, works very good with OTC and PK stocks. You can buy until 100,000 with just a com. of 9.95
Choicetrade.com is $5 commission and you can buy a whole lot more then 100,000 shares lol ...
-------------------- Let the world change you... And you can change the world.
posted
Machiavelli choicetrade should start paying you some commissions for all the people you have sent there way. I must say they are a great broker though.
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posted
he should ask for a t-shirt. i want a choice trade t-shirt and i'm not allowed to sign up with them. not that i would...freetrade looks to be a superior broker. no offense but their trades are free!
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quote:Originally posted by stockonyou: None of them. Try Tradingdirect.com, works very good with OTC and PK stocks. You can buy until 100,000 with just a com. of 9.95
Besides what Mach said above, TradingDirect adds fees when you sell (as opposed to buy). Choice Trade does not.
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quote:Originally posted by Junky: he should ask for a t-shirt. i want a choice trade t-shirt and i'm not allowed to sign up with them. not that i would...freetrade looks to be a superior broker. no offense but their trades are free!
As far as i can see on Freetrade's site they charge commissions etc.. so nothing is free in this world.. $5,000 minimum to open a account and like 2 years trading experience to open a account etc.. etc.. thanks but no thanks ill stick to Choicetrade..
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by ranger10: Machiavelli choicetrade should start paying you some commissions for all the people you have sent there way. I must say they are a great broker though.
Yeah they should lol but its ok... they just happen to be a "product and/or service" i believe in and am happy to recommend to others...
-------------------- Let the world change you... And you can change the world.
posted
I use sharebuilder and scottrade.... Sharebuilder is great for longterm use. For 12$ a month i get 8 freetrades (well.... not totaly free) All dividens get reinvested for free. I can set it up to invest in a certain co at a certain time. Also I'm aloud to buy partial shares. ie I'm going to purchase 150. worth of xmsr on tuesday. Thats going to be 4.7897 shares. But for tradeing I use scottrade. glta....... I hope that made sence
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quote:Originally posted by hcain: I use sharebuilder and scottrade.... Sharebuilder is great for longterm use. For 12$ a month i get 8 freetrades (well.... not totaly free) All dividens get reinvested for free. I can set it up to invest in a certain co at a certain time. Also I'm aloud to buy partial shares. ie I'm going to purchase 150. worth of xmsr on tuesday. Thats going to be 4.7897 shares. But for tradeing I use scottrade. glta....... I hope that made sence
Scottrade sucks so i heard in terms of their fee's... if you want to be a "trader" .. scottrade isnt a wise choice especially for pink stocks.. I always recommend Choicetrade...
-------------------- Let the world change you... And you can change the world.
posted
I'm not that expierenced when it comes to pinks (as I've stated in the past). I'm just trying to learn as muck as posible. I choosed scott b/c they have offices. I know that sounds stupid but, talking to someone in person makes a lot of difference (in the begining). Exicution does take qite a while. Realtime takes about 1 min to fill. Realtime????
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posted
Let's put it this way... the Market never stops for us so we can get filled at the price we want.. its always in motion.. whether up, down or sideways... if we do get better then bid or ask its more because of luck then the brokerage.. the brokerage is just a bookie taking our bets... they cant guarantee we will get better then bid/ask ... but to answer your question yes Choicetrade is fast... just as fast as any other brokerage for fills.. where i think they excel is in their fee's, great customer service, easy to use platforms, etc.. so it doesnt hurt to try them out... if your not satisfied you can always transfer to another firm...
-------------------- Let the world change you... And you can change the world.
posted
I'm not going to reanswer... you can reread what i posted if you still don't get it then ask one of the others to translate like Keithsan, Bob Frey or other Choicetrade users...
-------------------- Let the world change you... And you can change the world.
posted
I have ChoiceTrade and I like it alot. I'm sure if someone sat down and made a chart showing each brokerage advantages/requirements, Choicetrade would be the obvious selection.
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