online broker question:)

[e-lie]

Hey do any of u guys know of any online broker account along the lines of etrade and sharebuilder that do not require a minimum cash account ?:rockon:

 

[Bible_Belt]

Every broker will have some minimum to at least open the account.

E-Trade and the typical online brokers are robbing you on fills and executions. mb trading and interactive brokers are two popular brokers to check out. There's a large list with reviews here:
http://www.elitetrader.com/br/

 

[Luthor Rex]

nevermind

 

[e-lie]

I use sharebuilder now with no min but they charge 16.00 bucks a trade. I want something like 10.00 a trade I dont need any hand holding just execute the trade.I hear etrade is good.

 

[Bible_Belt]

You need some hand holding if you think etrade is a good broker. Go to elitrader.com and start a thread that says 'I think etrade is a good broker.' It will be a laff riot.

They execute your order away from the market and take a spread on it. You aren't aware of how much money they are costing you in bad fills.


http://www.elitetrader.com/vb/showthread.php?s=&threadid=102203&highlight=etrade
I really think that anybody forced to adapt to the E-trade platform via merger from another brokerage would run in a flash. If the fees don't get you, the commissions will. And not to mention the poor fills. I have NO IDEA how E-trade managed to get 4.7 million accounts, goes to show you the stupidity of the average investor.

E-trade is one of the worst

http://www.elitetrader.com/vb/showthread.php?s=&threadid=102109&highlight=etrade

Etrade (is) a joke

Good luck with your trading. I am happy for you if it is going well. But regardless, etrade sucks.

 

[azanon]

have NO IDEA how E-trade managed to get 4.7 million accounts, goes to show you the stupidity of the average investor.[/I]

And of those 4.7 million, about 4.2 million probably have no business buying individual stocks anyway. Going to a better broker is going to be an exercise of penny-wise, and pound-foolish for 90% of people.

The average individual is better off with index mutual funds IMO. For what its worth, Warren Buffet is of the same opinion.