The first online trading firm that I used was Sharebuilder.com. At the time, $4 / trade was a steal. It may still sound like a good price when compared to other brokerages, however Sharebuilder may not be the best choice for some. Let’s look at the pros and cons: Pros: Low cost trading ranging from [...]
The first thing that is necessary to start trading online is a brokerage! There are many different things to look for when selecting your new online broker.
First, pay attention to the commission they charge per transaction. The brokerages can range from $4 up to $20. You get charged this amount for every purchase and every sale. Your profits can be eliminated with high commissions so making a wise choice now will build a stronger portfolio. READ MORE…
