I want to try to buy stocks online. In my initial researches, there is this choice that I need to make: which stock brokerage should I use. What is the criterion to use and whom to trust. Please help.|||It depends on how much you are going to put in but you may want to look into computershare. They are the cheapest that I have found. They were suggested by my bank. They have limitations but it can be a place to start. If you are going to start with over $50,000 you may want to look into someone like ETrade but if you are under $50,000 and over $300 they are a place to start.|||First, you need to know that you need to keep organized and keep track of everything.
Signing up for an account online is the first thing you need to do when you want to learn how to buy stocks online. Signing up is the easy part: picking a stock broker is harder. Buying stocks for the first time means you will have to choose an online broker and there are so money of them now that it is very hard to make a really educated choice.|||I've been with Scottrade for over 10 years now and I'm happy with them. If your looking just to play around and you're using money that you don't mind losing then buying individual stocks is a good way to get a feel for trading. If you're looking for more stable returns then a good no-load mutual fund might be better. You can get those through Scottrade also.|||Fidelity is the largest private firm in the US. It will be there through what could be bad times ahead.
I also have a small ETrade account only for the charting tools. But ETrade has a lot of mortgages on its books and I think ETrade will go bye-bye in the next downturn. Housing is bad getting worse and this will take down some more firms.|||I use Scottrade for Penny Stocks trading.|||I would go with Scot trade my friend loves it.|||Scottrade is great for beginners.|||I've used Scottrade for years and am really happy with them.
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