Cheap Stock Trades
October 7, 2014
You can use various brokerage firms for your investing, so I decide to have a look at the cost of trading with these to find the cheapest. They all can be fairly competitive for various reasons, but my thinking was which ones are the cheapest for buying stocks, and hence useful for a new/small investor just beginning his portfolio but wanting full control over his/her trading. The three I found were OptionsHouse, TradeMonster and TradeKing. These all appear highly competitive, with OptionsHouse offering the cheapest deal with shares being traded for at $4.75, and with TradeMonster and TradeKing asking just a little bit more, at $4.95. I would be curious to know if anyone else knows about any other brokerage firms offering similarly good deals?